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Global UV-Curable Adhesives Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0488
Global UV-Curable Adhesives Market Outlook to 2029

Report Description

UV-Curable Adhesives, a type of light-curing adhesives, cure in very little time when exposed to Ultraviolet (UV) light, they offer an appropriate solution for quickly fixing a product in a variety of applications. According to BlueQuark Research & Consulting, the global UV-Curable Adhesives market is expected to witness a significant growth rate during the forecasted period. Factors like increasing usage of UV-Curable Adhesives in the packaging sector, owing to their ability to create a quick bond between different materials, such as plastics, rubber, metal, glass & ceramic materials, are expected to drive the demand for UV-Curable Adhesives market in the forecasted period. Further, with the increase in technological advancement, UV-Curing Adhesives are widely used in the pharmaceutical industry for device assemblage. They are expected to drive the demand for the UV-Curable Adhesives market in the forecasted period. Furthermore, even an electronic application will witness a rapid surge in the collection of electronics, and the protection of circuits is expected to drive the demand for the UV-Curable Adhesives market in the forecasted period. However, UV-Curing Adhesive resists only a limited number of sterilization cycles. An additional challenge is that oxygen inhibition causes a sticky layer on the top of the surface, which results in incomplete curing.

UV-Curable adhesives are widely used in the manufacturing of glassware, optical devices, and medical equipment. These adhesives are used for various applications for bonding, encapsulating, coating, tacking, & sealing.

The primary use of UV-Curable Adhesives is in the packaging sector. UV-curable adhesives find their usage in the packaging sector due to their ability to create short bonds between different materials, like plastic, rubber, metal, glass, and ceramic materials. The market's significant factors are exclusive properties, like fast curing rates, high bond strength, low VOC emissions, and increasing demand for UV Adhesives for flexible packaging applications. The desirable properties of UV-Curable adhesives like superior strength & flexibility, ability to withstand the extreme environment, and excellent moisture resistance make UV-Curable Adhesive suitable for packaging applications. These adhesives are known to eliminate heat and Radio Frequency (RF) sealing of Clamshell packages. UV-Curable adhesive usage as laminating films, papers, & foils is rising in product packaging applications where weather resistance is required. With the growing trend of online food orders and delivery services, the need for packaging materials, especially flexible packaging, has been rising, likely to drive the demand for UV-Curable Adhesives during the forecasted period. UV curable adhesive is cured through UV light exposure without any heating process suitable for the packaging of temperature-sensitive materials or devices. With the recent growth of E-commerce, online food, and delivery services, the requirement for packaging material, especially flexible packaging, has been increasing, which is expected to accelerate the demand for UV-Curable Adhesives. The growing urbanization and escalating demand for compact electronic products are also predicted to improve UV adhesive requirements. For instance, the global flexographic printing industry was expected to reach $980 billion last year, primarily driven by growth in packaging and labels. And the development certainly enhances the demand for UV-Curable Adhesives in the forecast period. The use of UV-Curable Adhesives in the packaging sector is growing at a massive rate due to their dominance over the usage of conventional adhesive systems used.

The Asia Pacific region is projected to be a market leader as it is one of the fastest-growing markets for UV-Curing Adhesive. They are fast curing & have exceptional stability, even under challenging environments, and have a single part product with low VOC emissions and a good-looking finishing appearance. These adhesives are used to manufacture medical equipment and items such as syringes, catheters, blood filters, etc. UV-curing adhesives are used to produce medical equipment and items such as syringes, catheters, blood filters, dialysis machines, hydrogels, medication patches, filters, and test strips. UV curing in the medical vertical has improved due to its properties such as low temperature, rapid processing, cure on demand, ease of automation, and lower energy necessities. For instance, Adhesive's supplier Intertronics has launched Born2Bond Light Lock, a low-odor, typical bloom, dual-curing cyanoacrylate adhesive, which is cured within 5secs under UV light. Medical device manufacturing is suitable for plastic and metal bonding, including needle and hearing aid bonding. These adhesives used in the medical industry need to be tested & certified with commonly accepted standards and withstand harsh sterilization techniques such as autoclaving. In the electronic industry, these adhesives are used for potting, encapsulation, wire tacking, and coil termination, and they may also provide thermally conductive properties. It can be in different chemistries, urethanes, acrylics, silicones, or epoxies, and rapid curing also minimize material consumption and decrease production cost. Acrylic resin offers high-quality mechanical properties, chemical resistance, and stability for automotive parts as it is mainly used in the automotive sector. With the increase in demand for these adhesives in the automotive and industrial industries, the market for acrylic-based UV-Cured bonds is expected to rise through the forecast period. UV cured adhesives are majorly manufactured utilizing four prominent resins - silicone, urethane, acrylic, and epoxy, for different applications across industries. Of these resin types, acrylic is set to capture around 40% of the UV cured adhesives market, owing to higher product penetration across regions.

Apart from product penetration, factors such as manufacturers' production feasibility, price points, and range of applications enhance the product stance in the market. Epoxy is gaining prominence across industries owing to its coverage of applications across the electronics, medical, and optical industries. In the short term, urethane and acrylic will be the flag bearers, while acrylic and epoxy will be the potential resin types by the end of the forecast period.

Some of the market's key players are 3MCartell Chemical Co. LtdDELO Industrial AdhesivesDuPont, Dymax CorporationEpoxy Technology Inc., and H.B. Fuller Company.

In October 2021, Henkel developed an innovative one-component UV-only cured in place gasket for automotive electronics applications.

In January 2020, Echsil introduced a fluorescing orange UV curing product specially designed for bonding plastics. The product named Vitralit 7311 FO is a transparent acrylic adhesive that cures under UV light and offers bond strength to plastics such as PVC, PC, ABS, PMMA, and glass and stainless steel. 

Global UV-Curable Adhesives Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the UV-Curable Adhesives Market by segmenting based on Resin Type (Epoxy, Acrylic, PU, Silicone, Others), Substrate (Ceramic, Glass, Composites, Metal, Plastics, Rubber, Elastomers, Others), Applications (Packaging, Medical devices, Printed Circuit Board, LED Mounting, Aircraft Interior Applications, Others), End-User Industries (Energy & Power, Consumer Electronics, Transportation, Textile, Medical, Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the UV-Curable Adhesives market.
  • Equip yourself with rigorous analysis and forward-looking insight into the UV-Curable Adhesives market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the UV-Curable Adhesives Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

North America UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United States UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Canada UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Mexico UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Europe UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United Kingdom UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Germany UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Italy UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

France UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Other Supporting Charts

Rest of Europe UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South America UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Brazil UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Argentina UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of South America UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Asia-Pacific UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

China UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

India UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Japan UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Korea UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Asia-Pacific UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Middle East & Africa UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Saudi Arabia UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Africa UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Middle-East & Africa UV-Curable Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

  Who need this report?

  • UV-Curable Adhesives Manufacturing Companies
  • Medical device Manufacturers
  • Packaging Companies
  • Suppliers, distributors of UV-Curable Adhesives
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global UV-Curable Adhesives Market Outlook to 2027.pdf
Market Data - Global UV-Curable Adhesives Market Outlook to 2027.xls

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