Report ID: SQMIG15B2075
Report ID:
SQMIG15B2075 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
70 |
Figures:
75
UV Adhesives Market size was valued at USD 835.45 Million in 2023 and is poised to grow from USD 885.58 Million in 2024 to USD 0 Million by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032).
UV adhesives are versatile compounds widely used for precise positioning and bonding of parts in various industries. They are effective for both structural and temporary bonding and can adhere well to different substrates like metals, rubbers, glass, ceramics, and various plastics including polycarbonates, acrylics, and phenolics.
Some UV adhesives also offer optical clarity, dimensional stability, low shrinkage, and excellent resistance to chemicals, fuels, solvents, and moisture, making them ideal for demanding applications.
The growth of the UV adhesives market is driven by their enhanced performance in industrial applications and the increasing demand for compact electronic products. Additionally, their application in flexible packaging is driving market growth.
However, the high cost of application machinery is a restraint to market expansion. Nevertheless, the adoption of LED UV lamps in industrial applications presents promising growth opportunities for the UV adhesives market. These advancements enable protection from environmental degradation and outdoor weathering, meeting the stringent requirements of end-users.
US UV Adhesives Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15B2075