Ultraviolet (UV) Curing System Market Size, Share, Growth, Analysis, Trends and Outlook 2023-2030.

Market Overview

Global Ultraviolet (UV) Curing System Market reached USD 3.92 billion in 2022 and is expected to reach USD 9.11 billion by 2030, growing with a CAGR of 10.1% during the forecast period 2023-2030.

Continuous technical improvements enable deep-level curing with a variety of UV bandwidths, various substrates, and other advantages.

Thus, product acceptability across several industries is driving worldwide market expansion. The printing application will make up over 25% of the worldwide UV curing system market in 2022. UV curing works on paper, plastics, glass, metal, and others. Inks and varnishes UV-cured create vibrant colors, crisp images, and better print quality. The approach allows exact print deposition and eliminates ink absorption.

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Market Drivers: UV Curing Systems' Advantages over Traditional Systems.

Using intense UV light, ultraviolet curing is a photochemical process that cures or "dries" adhesives, coatings, and inks. UV formulations are liquid monomers and oligomers which have been tested with UV light after being coupled with a modest quantity of photo initiators.
The formulation, such as inks, coatings, or adhesives, "hardens" or cures" in a matter of seconds, preparing it for the next processing stage. The original intention was to replace solvent-based goods with UV-curable inks and coatings. Conventional heat- and air-drying depends on solvent evaporation, lowers the initial coating application by more than 50% and emits pollutants into the environment.
The first printer in India to use Baldwin Technology Company's AMS Spectral UV for LED-UV curing was Maruti Printing in 2021. Since it began production almost two years ago, the hybrid technology has greatly enhanced the offset printer's functionality for its clients, allowing it to print on a variety of plastic substrates.

Market Segmentation: The Rising Application of UV Adhesives in Life Science and Medical Vertical.

The life science and medical industry is anticipated to account for about one-fourth of the worldwide ultraviolet (UV) curing system market during the projected period. The market for the medical sector is anticipated to grow at the quickest CAGR during the projected period. An environmentally benign and energy-efficient technology that has significantly benefited the medical device industry is the UV curing system.

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Ultraviolet (UV) Curing System Market Companies:

The major global players include American Ultraviolet, APL Machinery Pvt. Ltd., Baldwin Technology, Dymax, Excelitas Technologies, IST Metz, Jenton International, Kyocera Corporation, Omron Corporation and Panasonic.

By Technology

• Mercury Lamps
• UV LEDs

By Type

• Spot Cure
• Flood Cure and Focused Beam
• Conveyor

By Pressure

• High
• Medium
• Low

By Application

• Printing
• Bonding and Assembling
• Coating and Finishing
• Others

By Vertical

• Life Science and Medical
• Consumer Electronics
• Industrial and Machinery
• Semiconductor
• Automotive
• Marine
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

Geographical Share: The Extensive Usage of UV Curing in Various Industries in North America.

During the forecast period of 2023-2030, the ultraviolet (UV) curing system market in North America is anticipated to account for more than one-third of the worldwide market share. Many sectors use UV curing extensively, including printing (for packaging, labels, and commercial printing), electronics (for the fabrication of circuit boards), automotive (for coatings and adhesives), and medical devices.

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