UV Adhesives, also called UV glue, UV Sterilizers, UV Steroid Solvents or UV glue sticks, are vital components of many industries. UV adhesives are adhesives that polymerize or solidify with ultraviolet light, thus curing via radiation. These UV adhesives were originally developed for the cosmetic industry, where color bottles, plastic containers, lips, eyes, and skin. UV adhesives have now become a commonplace in most industries due to their UV curing properties, especially for food and cosmetic applications.
Market Dynamics
Technological advancement in the development of adhesives is fostering the growth of the UV adhesives market. For instance, in October 2019, Eurobond Adhesives Ltd launched Vitralit UC1535, a new transparent adhesive, specifically designed for application in electronics. It hardens with UV light within a few seconds and can also be used for semiconductor production due to its low ion content. Moreover, strict VOC emission regulation is again expected to augment growth of the market.
On the other hand, presence of cost-effective alternative is expected to hinder growth of the market.
Key features of the study:
- This report provides in-depth analysis of the UV adhesives market, and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global UV adhesives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 3M Company, Ashland, Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, BASF SE, Huntsman Corporation, Avery Dennison Corporation, Adhesives Research, Inc., The Dow Chemical Company, and Bostik SA
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global UV adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global UV adhesives market.
Detailed Segmentation:
- Global UV Adhesives Market, By Product Type:
- Acrylic
- Polyurethane
- Epoxy
- Silicone
- Others
- Global UV Adhesives Market, By Application:
- Pressure sensitive applications
- Packaging & Laminating
- Wood-working
- Assembly
- Others
- Global UV Adhesives Market, By Region:
- North America
- Europe
- By Country
- U.K.
- France
- Germany
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- ASEAN
- Australia
- Rest of Asia Pacific
- Latin America
- By Country
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- 3M Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Ashland, Inc.
- B. Fuller Company
- Henkel AG & Co. KGaA
- BASF SE
- Huntsman Corporation
- Avery Dennison Corporation
- Adhesives Research, Inc.
- The Dow Chemical Company
- Bostik SA
