Pune, India -- (SBWire) -- 07/05/2018 --Global UV Curing System Market report defines the market trends and forecast the upcoming opportunities and threats of the UV curing system market in the next 8 years. Ultraviolet (UV) curing is a photochemical procedure in which high power UV light is being utilized to immediately cure and for adhesives as well as coatings. It helps in decreasing dismiss rates, encourage unrivaled holding, increase production speed, enhance scratch and dissolvable protection and others. UV curing system creates no ecological pollutants, no dissolvable to dissipate, covering thickness and volume loss.
Market Analysis
The global UV curing system market accounted for USD 2.78 billion in 2017 and is projected to grow at a CAGR of 10.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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This Report Consists of –
- No of pages: 350, No of Figures: 60, No of Tables: 220
Global UV Curing System Market, By Type (Flood Cure, Spot Cure, Focused Beam), By Technology (UV LED, Mercury Lamp), By Pressure Type (Low, Medium, High), By Application (Bonding & Assembling, Printing, Disinfection, Coating), By Industry (Automotive, Aerospace, Construction, Medical), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
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Frequently Asked Questions?
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global UV Curing System Market?
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Major Market Drivers & Market Restraint
- Growing acceptance of bio based products and resins
- Rising environmental concerns and strict regulation
- Better performance and high speed and consistency over traditional system
- Bounded depth of curing
Market Segmentation
The global UV curing system market is segmented based on type, technology, pressure type, application, industry and geographical segments.
Based on type, the global UV curing system market is segmented into
- flood cure,
- spot cure,
- focused beam
On the basis of technology, the global UV curing system market is segmented into
- UV LED and
- Mercury Lamp
Mercury lamp is sub segmented into microwave lamp and arc lamp.
On the basis of pressure type, the global UV curing system market is segmented into
- low,
- medium and
- high pressure
On the basis of application, the global UV curing system market is segmented into
- bonding and assembling,
- printing,
- disinfection,
- coating and finishing and others
Other type of application includes temporary masking, sealing and potting.
On the basis of industry, the global UV curing system market is segmented into
- automotive and transportation,
- aerospace and defense,
- construction and architectural,
- industrial and machinery,
- consumer electronics,
- semiconductor,
- medical,
- energy,
- marine and others
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Automotive and transportation is sub segmented into cables and wire harness, decorating interior vehicle assemblies, music system, radio and navigation consoles, markings on glass, logos and coating on lenses, headlight and mirrors. Aerospace and defense is sub segmented into aircraft and weapon coating. Construction and architectural is sub segmented into sealants and adhesives for commercial buildings, tunnels, highways, construction projects and others; filling cracks and sealing joints. Industrial and machinery is sub segmented into machinery and equipment. Consumer electronics is sub segmented into coating on plastic parts of electronics and displays of electronic devices. Semiconductor is sub segmented into printed circuit boards (PCBS), wafer processing and electronics assembly. Medical is sub segmented into medical electronics assembly and equipment such as needle bonder, tube set, catheter, anesthesia mask and others. Energy is sub segmented into oil and gas pipelines. Marine is sub segmented into barges, yachts, water line, canal boats.Others are sub segmented into air and water filtration and agriculture.
Based on geography, the global UV curing system market report covers data points for 28 countries across multiple geographies such as
- North America,
- South America,
- Europe,
- Asia-Pacific and
- Middle East and Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape
The global UV curing system market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Top Competitors of Market
- Heraeus Holding,
- Honle,
- Baldwin Technology,
- Panasonic Corporation,
- IST METZ GmbH.,
- Phoseon Technology,
- Excelitas Technologies Corp.,
- Nordson Corporation,
- Delo,
- Dymax Corporation,
- American Ultraviolet,
- BASF SE,
- Nippon Gohsei,
- Jiangsu Sanmu Group Corporation,
- DSM AGI Corporation,
- Toagosei Co. Ltd,
- Wanhua Chemical Group Co. Ltd.,
- Heraeus Noblelight America,
- Benford UV,
- Uvexs Inc.,
- GEW,
- Miltec UV,
- Hanovia Ltd and
- Hoya Corporation
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Global UV Curing System Market Opportunities, Key Players Analysis and Excellent CAGR of 10.8% with Key Players Like Panasonic, Nordson Corporation and Others
Global UV curing system market accounted for USD 2.78 billion in 2017 and is projected to grow at a CAGR of 10.8% during the forecast period of 2018 to 2025