Press release
Global UV curing Market: Developing Countries to Emerge at Higher Growth Rates during the Forecast Period 2025 – Heraeus, Baldwin Technology Company, Inc., Panasonic, IST METZ GmbH, Phoseon Technology, Nordson Corporation, American Ultraviolet, BASF, He
Global UV Curing System Market?
The global UV curing system market accounted for USD 2.78 billion in 2017 and is projected to grow at a CAGR of 10.8% during the forecast period of 2018 to 2025.
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Global UV Curing System Market, By Type (Flood Cure, Spot Cure, Focused Beam), By Technology (UV LED, Mercury Lamp), By Pressure Type (Low, Medium, High), By Application (Bonding & Assembling, Printing, Disinfection, Coating), By Industry (Automotive, Aerospace, Construction, Medical), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
Competitive Landscape
The global UV curing system market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Top Competitors of Market
Some of the major players in global UV curing system market are
Heraeus Holding, Honle, Baldwin Technology, Panasonic Corporation, IST METZ GmbH., Phoseon Technology, Excelitas Technologies Corp., Nordson Corporation, Delo, Dymax Corporation, American Ultraviolet, BASF SE, Nippon Gohsei, Jiangsu Sanmu Group Corporation, DSM AGI Corporation, Toagosei Co. Ltd, Wanhua Chemical Group Co. Ltd., Heraeus Noblelight America, Benford UV, Uvexs Inc., GEW, Miltec UV, Hanovia Ltd and Hoya Corporation among others.
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Market Segmentation of
The global UV curing system market is segmented based on type, technology, pressure type, application, industry and geographical segments.
Based on type, the global UV curing system market is segmented into
• flood cure,
• spot cure,
• focused beam
On the basis of technology, the global UV curing system market is segmented into
• UV LED and
• Mercury Lamp
Mercury lamp is sub segmented into microwave lamp and arc lamp.
On the basis of pressure type, the global UV curing system market is segmented into
• low,
• medium and
• high pressure
On the basis of application, the global UV curing system market is segmented into
• bonding and assembling,
• printing,
• disinfection,
• coating and finishing and others
Other type of application includes temporary masking, sealing and potting.
On the basis of industry, the global UV curing system market is segmented into
• automotive and transportation,
• aerospace and defense,
• construction and architectural,
• industrial and machinery,
• consumer electronics,
• semiconductor,
• medical,
• energy,
• marine and others
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Based on geography, the global UV curing system market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific and
• Middle East and Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Major Market Drivers & Market Restraint
• Growing acceptance of bio based products and resins
• Better performance and high speed and consistency over traditional system
• Bounded depth of curing
• Rising environmental concerns and strict regulation
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