UV Adhesives Market 2022 Increasing Demand, Growth Analysis, and Strategic Outlook 2027

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UV Adhesives Market Segmented by Application and
Geography Trends, Growth and Forecasts By 2027
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Global Market Scenario of UV Adhesives Industry
The latest research report by Global Market
Insights Inc. cites that the global UV adhesives
market size will exceed USD 1,258.3 million by
2027. Driven by their prolific usage mainly
across the industrial settings as they cure in a
matter of seconds and offer a high production
output, the demand for UV (Ultraviolet) adhesives
is likely to swell in the coming years. Apart
from finding widespread usage in glass
manufacturing, optical and medical technology
industries, these adhesives are most advantageous
in areas that require a seamless finish and
extremely precise application lines. They are
also largely used in graphic arts, plumbing,
boating, and electronics. UV adhesives market
primarily acrylate-based or epoxy-based resins
that polymerize and cure through irradiation with
special UV light sources. They are applicable in
various manufacturing processes, including
plastics, rubbers, ceramics, and metal substrates
as they can deliver a shiny, clear, and
scratch-resistant print. Given their superior
transparency and stability in challenging
environments, these adhesives have garnered
immense popularity among manufacturers to cater
to various applications.
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Continue-
Silicon adhesives to record considerable
consumption The growing manufacturing volume of
silicon worldwide, on account of its robust
nonstick, heat-resistant, and rubber-like
properties, has made way for its higher incursion
in several products, including UV adhesives
market. As per the USGS (United States Geological
Survey), the domestic production of silicon
materials was valued at 29,300 metric tons in
December 2020. Other than seeking utility in
potting, sealing and coating applications,
silicon-based UV adhesives are adopted for
high-speed adhesion, and gasketing
activities. Rising scope in the automotive
industry Surging automotive sales across the
globe will add a positive edge to the penetration
of UV adhesives across the automotive sector. It
has been estimated by the OICA (Organisation
Internationale des Constructeurs dAutomobiles)
that the global sales of all vehicles crossed
77971234 units in 2020. Adhesives have turned an
integral part in vehicle construction, as they
mark large presence in body panels, windshields,
metallic body parts, trim strips, as well as
in-vehicle interiors.
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UV adhesives market also project multiple
application advantages for the automotive
industry, including the protection and
encapsulation of sensors, bonding of lighting
elements within the interior, and the assembly of
camera modules. These products do not necessitate
the mixing of components and facilitate curing
within seconds without an input of heat. North
America to garner higher demand Taking cue of
the rapid strides across the electronics, and
automotive sectors, North America is expected to
emerge as a profitable avenue for the UV
adhesives industry. The growing healthcare
expenditure in the region has given way for
enhanced medical device assemblies. According to
the CMS (Centers for Medicare Medicaid
Services), the health care spending in the U.S.
rose to 9.7 in 2020, accounting for 4.1
trillion or 12,530 per person.
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Competitive Analysis
Medical grade UV cure adhesives offer amplified
productivity, and reduced labor costs or space
requirements with minimum capital expenditure.
The presence of key product manufacturers in the
region, including Huntsman, and Dymax among many
others will also influence the market
development. Overall, the adoption of UV
adhesives market will grow in the coming years as
they can be accessed in a range of viscosities
and myriad chemical systems. Glass,
architectural, plastic bonding, disposable
medical devices, automotive assemblies,
respiratory support devices and encapsulation of
printed surface boards are other commercial uses
associated with the product.
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