Press release
UV Adhesives Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2028: Vitrochem Technologies and Epoxy Technologies Inc. are key players.
Increasing demand for medical devices, growth of the construction industry, environmental regulations, and growing demand from end-use industries are key driving factors of the UV Adhesives market.As per this study, the UV adhesives market is expected to grow steadily over the forecast period.
Ultraviolet-cured adhesives, also called UV adhesives, are adhesive that hardens through exposure to ultraviolet light. These adhesives contain a blend of monomers, oligomers, and photoinitiators that react with UV radiation to produce sturdy and long-lasting bonds. The UV adhesive market is experiencing growth, mainly because of the high demand for UV adhesive in end-use sectors like healthcare, automotive, and electronics. This is primarily attributed to the adhesive's outstanding properties, such as rapid curing, strong bond strength, and remarkable chemical resistance. Moreover, the biocompatibility and sterilization resistance properties of UV adhesive make it a favored adhesive in the production of medical devices. Therefore, as the demand for medical devices continues to rise, the UV adhesive market is expected to experience growth. For instance, as per the World Health Organization (WHO), healthcare spending worldwide accounted for approximately 9.83% of the total GDP in 2019. Similarly, the adoption of UV adhesive in different industries has been spurred by increasing awareness of sustainability and enforcing strict environmental regulations.
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The UV adhesives market has been segmented into polymer type, substrate, application, industry vertical, and geography.
The market is classified by polymer type into Epoxy, Acrylic, and others. The market is classified by substrate type into glass, plastic, metal, and others.
By application, the market is classified based on Medical Devices, Structural Bonding, Electronics Assembly, Automotive Components, and others. In addition, the market is classified by industry vertical based on Automotive, Medical & Healthcare, Building & Construction, Electrical & Electronics, and others. The Automotive and Medica & Healthcare industry is expected to witness significant growth in this segment.
By region, the increasing restrictions on VOC emissions regarding the environment have given North America a dominant position in the UV adhesive market.
The UV Adhesives Market report includes coverage of significant players such as Henkel Corporation, Ashland Inc., 3M, Vitrochem Technologies, Epoxy Technologies Inc., DELO, Excelitas Technologies Corp., Permabond LLC., Fasto Advance Adhesives Technologies, MasterBond.
This UV Adhesives Market has been analyzed into the following segments:
• By Polymer Type
o Epoxy
o Acrylic
o Others
• By Substrate
o Glass
o Plastic
o Metal
o Others
• By Application
o Medical Devices
o Structural Bonding
o Electronics Assembly
o Automotive Components
o Others
• By Industry Vertical
o Automotive
o Medical & Healthcare
o Building & Construction
o Electrical & Electronics
o Others
• By Geography
o North America
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
o Middle East and Africa
• Saudi Arabia
• Israel
• United Arab Emirates
• Others
o Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Indonesia
• Thailand
• Taiwan
• Others
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• https://www.knowledge-sourcing.com/report/spray-adhesive-market
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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