According to a market report by Lucintel, the future of the UV adhesive market looks promising with opportunities in the medical, electronics, glass bonding, packaging, transportation, and industrial assembly applications. The UV adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing demand for solvent-free adhesives in medical, glass bonding, transportation, and electronics applications.
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Within the UV adhesive market, medical, electronics, glass bonding, packaging & laminating, transportation, and industrial assembly are the major applications. Packaging and laminating is the largest application segment for UV adhesives.
Acrylic, cyanoacrylate, epoxy, silicone, and polyurethane are the major resin type segments of the UV adhesive market.
Asia Pacific will remain the largest market over the forecast period due to rising construction activities in the region.
Henkel AG & Co. KGAA, H.B. Fuller, 3M Company, Ashland Inc., Dymax Corporation, Permabond Engineering Adhesives, Threebond Holdings Co., Ltd., Masterbond Inc., Epoxy Technology Inc., and Microcoat Technology are among the major manufacturers of UV adhesives.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the UV adhesive market by resin type, application, and region. Lucintel has prepared a comprehensive research report entitled "UV Adhesive Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the UV Adhesive market by resin type, application, and region as follows:
By Resin Type [$M shipment analysis for 2013 – 2024]:
Acrylic
Cyanoacrylate
Epoxy
Silicone
Polyurethane
Others
By Application [$M shipment analysis for 2013 – 2024]:
Medical
Electronics
Glass Bonding
Packaging & Laminating
Transportation
Industrial Assembly
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/global-uv-adhesive-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.