Global UV-Curable Adhesives Market Report 2024: Rising Demand In Electronics And Packaging Drives UV-Curable Adhesives Market To $605.4 Million By 2032
(MENAFN- GlobeNewsWire - Nasdaq) Dublin, June 07, 2024 (GLOBE NEWSWIRE) -- The "Global UV-Curable Adhesives market Report by Resin Type, Substrate, End User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global UV-curable adhesives market size reached US$ 352.2 Million in 2023 and is projected to reach US$ 605.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.20% during 2023-2032.
The market is majorly driven by the escalating product demand in numerous end-use industries for the production of ceramic, rubber, metal, electronics, pharmaceuticals and plastic substrates. In addition to this, the growing need for better production rates resulting in the rapid utilization of assembly lines in the electronics industry is fueling the market. Also, the rising demand for UV adhesives for flexible packaging applications requiring weather resistance is providing an impetus to the market. This can be attributed to the rapid utilization of these adhesives in laminating films, papers, and foils for product packaging purposes.
Apart from this, the widespread utilization of environment-friendly industrial coatings and the escalating demand for UV-curable inks in packaging applications are fueling the market. Moreover, the increasing use of UV-curable resins in 3D printing, barrier films, and printed circuits is impacting the market positively. Some of the other factors contributing to the market include rapid urbanization and industrialization, considerable growth in the e-commerce industry, and extensive research and development (R&D) activities.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global UV-curable adhesives market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on resin type, substrate and end user.
Breakup by Resin Type:
Silicone Acrylic Polyurethane Epoxy Other Resin Types
Breakup by Substrate:
Ceramic Glass Composites Metal Plastics Rubber and Elastomers Others
Breakup by End User:
Medical Electrical and Electronics Transportation Packaging Furniture Others
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Beacon Adhesives Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Denka Company Limited, Dow Corning Corporation (Dow Chemical Company), Dymax Corporation, Epoxy Technology (Meridian Adhesives Group LLC), H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Panacol-Elosol GmbH, Permabond LLC and Sika AG.
Key Questions Answered in This Report
What was the size of the global UV-curable adhesives market in 2023? What is the expected growth rate of the global UV-curable adhesives market during 2024-2032? What are the key factors driving the global UV-curable adhesives market? What has been the impact of COVID-19 on the global UV-curable adhesives market? What is the breakup of the global UV-curable adhesives market based on resin type? What are the key regions in the global UV-curable adhesives market? Who are the key players/companies in the global UV-curable adhesives market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 135 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $352.2 Million |
| Forecasted Market Value (USD) by 2032 | $605.4 Million |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global UV-Curable Adhesives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Resin Type
6.1 Silicone
6.2 Acrylic
6.3 Polyurethane
6.4 Epoxy
6.5 Other Resin Types
7 Market Breakup by Substrate
7.1 Ceramic
7.2 Glass
7.3 Composites
7.4 Metal
7.5 Plastics
7.6 Rubber and Elastomers
7.7 Others
8 Market Breakup by End User
8.1 Medical
8.2 Electrical and Electronics
8.3 Transportation
8.4 Packaging
8.5 Furniture
8.6 Others
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
3M Beacon Adhesives DELO Industrie Klebstoffe Denka Company Dow Corning Dymax Epoxy Technology H.B. Fuller Henkel Master Bond Panacol-Elosol Permabond Sika
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Global UV-Curable Adhesives Market
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