Uv Adhesives Market

UV Adhesives - Global Market Outlook (2019-2027)

4.9 (30 reviews)
Published: December 2020 ID: SMRC20191
4.9 (30 reviews)
Published: December 2020 ID: SMRC20191

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global UV Adhesives Market is accounted for $1.08 billion in 2019 and is expected to reach $2.60 billion by 2027 growing at a CAGR of 11.6% during the forecast period. Some of the key factors propelling the market growth include Enhanced performance for industrial application, rise in demand for compact electronic products, and high demand in flexible packaging applications. However, high cost of application machinery hampers the market growth. Moreover, enhancement and adoption of LED UV lamps in industrial application presents potential growth opportunities for the market.

UV Adhesives

Ultra Violet (UV) adhesives are adhesives which cure (i.e. toughen or harden by crosslinking) on exposure to UV light. It is a photochemical reaction that eliminates the need for heat or solvents for curing. This method offers various advantages over conventional curing methods such as rapid cure speed and easy application. Enhanced physical properties such as high bond strength, abrasion resistance, and chemical resistance offer better product performance than alternatives.

By application, transportation segment is anticipated to grow at the significant rate during the forecast period, due to the use of other adhesives such as structural glue, anaerobic glue etc. which is comparatively cheaper than UV glue. Transportation sectors have also gradually emerged as prominent end-use industries, wherein UV adhesives are increasingly being used.

On the basis of geography, Asia Pacific is the significant growing market due to brisk growth in the medical and electronics industries. This is driven by emergence of this region as a manufacturing hub due to cheap raw material and low labor costs. Various government initiations such as ‘Digital India’ and ‘Make in India’ program will support various electronic industries to setup their plants in India.

Some of the key players in UV Adhesives Market include The Dow Chemical Company, Cartell (UK) Ltd, Ashland, Inc., Sika AG, 3M Company, Henkel AG & Co. KGaA, DELO Industrial Adhesives, Dymax Corporation, H.B. Fuller Company, Permabond LLC, Loxeal S.r.l, Beacon Adhesives, Inc., BASF SE, Bostik, Epoxy Technology, Inc, Panacol-Elosol GmbH, and Excelitas Technologies Corp.

Resin Types Covered:
• Silicone
• Polyurethane
• Acrylic
• Epoxy
• Cyanoacrylate
• Acrylates
• Other Resin Types

Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider

Applications Covered:
• Glass Bonding
• Packaging & Laminating
• Industrial Assembly
• Transportation
• Electrical & Electronics
• Medical & Pharmaceuticals
• Optical Field
• Automotive
• Wood-working
• Pressure Sensitive Applications
• Other Applications

Types Covered:
• Sealant Adhesion UV Adhesive
• Structural UV Adhesive
• Pressure Sensitive UV Adhesive

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand     
o South Korea    
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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