UV Adhesives Market Analysis
UV Adhesives Market - Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2018-2026
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. In addition, reduction in cure-in labor and waste further decreases costs.
The major drivers for UV curing are the demand for cost effective, adaptable and easy application of adhesives. Moreover, the absence of solvent in curing will eliminate any VOC related concerns. The challenges are technical, with oxygen inhibition causing incomplete curing of the adhesive resulting in the formation of a sticky layer on top of the surface.
UV Adhesives Market Taxonomy
On basis of resin type,
On basis of Application,
Acrylic UV adhesives have improved mechanical properties such as impact resistance, surface insensitivity and protection from moisture. They hold the largest market share in the UV Adhesive market. Epoxy UV adhesives can be customized according to product needs. On mixing with carbon, silver and gold in varied amounts, they exhibit various properties such as increased or decreased thermal and electrical insulation, chemical resistance and moisture resistance.
The largest end user industries are medical and electronics. Manufacture of various components of medical equipment is done by using UV-cured adhesives. Moreover, many electronics devices are assembled by using UV-cured adhesives. Glass bonding is an emerging application segment, which is expected to gain major traction in the near future. Adhesive application on special purpose products across all end user industries can be done by UV-curing due to its versatility.
UV Adhesives Market Outlook
Development of underwater UV Curing will eliminate need for dry docking of vessels in marine industry and work-over operation in subsea equipment in the oil and gas industry. UV-Curing will provide a cost effective alternative to current methods resulting in cost saving of gargantuan proportions. Major players in the UV Adhesives market include Henkel, Permabond, Dymax Corporation, ITW Devcon, MasterBond, and 3M.
Major players in the UV Adhesives market include Henkel, Permabond, Dymax Corporation, ITW Devcon, MasterBond, and 3M.
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