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North America UV Curing System Market revenues to gain US$ 1,200.84 million by 2028 with CAGR 9.3 %

05-18-2022 07:36 AM CET | IT, New Media & Software

Press release from: Business Market Insights

The UV curing system market in North America is expected to grow from US$ 644.57 million in 2021 to US$ 1,200.84 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

Conventional coating processes are subjected to various government regulations. This is because many of these coating applications have health and safety risks. Exposure to them causes several health problems in the workers in the paint industry, such as headaches, low quality of sleep, muscle weakness, and memory issues. Also, the anti-corrosion paint and coatings consist of VOCs.

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The high pressure of the coatings allows the molecules to evaporate in the air, thereby leaving the workers in close proximity, leading to diseases such as cancer and other severe health problems. Hence, the governments have put stringent regulations on these types of coatings. However, as UV curing coatings do not have these drawbacks, the strict government regulations are strongly supporting the growth of the UV curing system market for coating & finishing applications. Many adhesives used for the bonding & assembling process in the industrial segment release VOCs.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.businessmarketinsights.com/sample/TIPRE00029262/?utm_source=OpenPR&utm_medium=10470

Major Key players covered in this report:

• Excelitas Technologies Corp
• Nordson Corporation
• Phoseon Technology
• Heraeus Holding GmbH
• Hanovia-UV
• Dymax Corporation
• IST METZ GmbH &Co. KG
• AMS Spectral UV
• American Ultraviolet

North America UV Curing System Market Segmentation

The North America UV curing system market is segmented based on application, end user, and country. Based on application, the market is segmented into bonding and assembling, disinfection, coating and finishing, and printing. In 2020, the bonding and assembling segment held the largest share of the market; and the printing segment is expected to register the highest CAGR during the forecast period. Based on end user, the North America UV curing system market is segmented into automotive, healthcare, electronics, and others. In 2020, the automotive segment held the largest market share; and the healthcare segment is expected to register the highest CAGR in the market during the forecast period. Based on country, the North America UV curing system market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share; and Canada is expected to grow at the fastest CAGR during the forecast period.

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The research on the North America UV Curing System market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the North America UV Curing System market on the basis of end user, product type, application, and demography for the forecast period 2021-2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America UV Curing System market.

Contact US:

Business Market Insights
Phone: +442081254005
E-Mail ID: 8
Web URL: https://www.businessmarketinsights.com/
LinkedIn URL: https://www.linkedin.com/company/business-market-insights/

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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