Press release
UV Curing System Market is expected to reach US$ 5,153.2 million by 2028
UV Curing System Market
UV LED-based curing systems have better properties than the other curing systems, such as better abrasion resistance, durability, elasticity, adhesion, and chemical resistance. Hence, the demand for UV LED-based curing systems is increasing over conventional curing systems that use mercury lamps. These systems also provide a better operational speed of the machine and faster drying of the product. The UV curing systems also reduce the emission of the volatile organic compounds (VOCs) released during painting, coatings, inks, adhesives, and similar materials. Hence, these systems are highly adopted in a wide variety of applications such as furniture, automotive, healthcare, and electronics.
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Stringent Government Regulations for Conventional Coating Process to Drive Market Growth During 2021-2028
Due to the COVID-19 outbreak, the manufacturing units across the North America were temporarily closed to combat the rapid spread of the novel coronavirus. Moreover, industrial manufacturing services were partially operating but with a limited raw material supply. The manufacturing sector experienced notable losses due to temporary factory shutdowns and low production volumes, which hindered the production capacities of the automotive and consumer electronics sectors across the region. Due to temporary manufacturing plant closure in the US, the UV curing system market was adversely affected by the low demand and supply. However, during the Q3 of 2020, with the normalization of economic activities across the North America, the supply chain resumed its operations. The effects of the COVID-19 pandemic had weakened North America's UV curing system market. However, it experienced a positive impact as the demand for UV curing systems started growing in the US, Canada, and Mexico as the end-user industries, such as automotive and electronics, began their operations from Q3 of 2020.
UV LED curing is mostly utilized in graphics applications such as digital inkjet printing, screen printing, sheetfed offset printing, and flexo printing. These industries are quickly expanding, with sheetfed offset printing experiencing the most rapid expansion. Optical fiber coating, electronics, wood coating, and gel nail applications have also adopted UV LED curing solutions over the years. Furthermore, UV LED curing provides many advantages over other conventional curing methods. UV LED curing uses arc lamps or microwaves, enables the use of 100% solid formulations, and provides quick curing with no thermal heating/ovens, faster production speeds, and a smaller footprint. These features are also responsible for the increase in the use of UV LED-based curing, thereby driving the demand for UV curing systems
UV LED-based curing systems have better properties, such as better abrasion resistance, durability, elasticity, adhesion, and chemical resistance, than the other curing systems. Hence, the demand for UV LED-based curing systems is increasing over conventional curing systems, which use mercury lamps. UV LED-based curing systems also provide a better operational speed of the machine and faster drying of the product. The UV curing systems also reduce the emission of the volatile organic compounds (VOCs) which is released during painting, coatings, inks, adhesives, and similar materials. Hence, these systems are highly adopted by various end-use industries, such as furniture, automotive, healthcare, and electronics.
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Key Findings of Study:
The robust manufacturing industry across APAC is significantly driving the APAC UV curing system market. The countries across the region have a huge presence of electronics, automotive, and medical equipment manufacturers. UV curing systems are actively utilized across these manufacturing companies for various applications, such as die attachment, wire tacking, pin attachment, and sealing and gasketing products. UV curing solutions are also adopted for coating applications across these above-mentioned industries. Thus, the wide range of UV curing applications propels the demand for the same among the above-mentioned industries, thereby contributing to the market growth.
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