The Market Intelligence Data has published the obtain ability of a new statistical data to its repository titled as, UV-Curable Adhesives Market. The report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
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The UV-curable adhesives market is consolidated, where few players account for a significant portion of the market demand. Some of these major players include Dymax Corporation, 3M, H.B. Fuller, Henkel AG & Company KGaA, and DELO Industrial Adhesives amongst others.
The market for UV-curable adhesives is expected to witness a CAGR of over 10% during the forecast period. Major factor driving the market studied is the growing demand for flexible packaging. On the flip side, relatively high machinery cost compared to other adhesives is expected to hinder the growth of the studied market. The acrylic segment dominated the market and is expected to grow during the forecast period, owing to the increasing applications in the end-user industries, such as automotive, consumer goods, defense and aerospace, furniture, etc. Emerging R&D on adhesives to develop eco-friendly products, and innovations aimed at lowering the cost of end products are likely to provide opportunities for the studied market during the forecast period. Asia-Pacific dominated the market worldwide, with the largest consumption from countries, such as China, Japan, and India.
Key Market Trends
Packaging Segment to Witness Strong Growth
UV-curable adhesives find their applications in the packaging sector, owing to their ability to create quick bonds between different materials, such as plastic, rubber, metal, glass, and ceramic materials. Properties, such as superior strength and flexibility, ability to withstand the extreme environment, and excellent moisture resistance makes UV-curable adhesives suitable for packaging application.The demand for UV-curable adhesives from the plastic packaging industry is consistently increasing in Europe and North America regions, with the growing awareness about the benefits of using UV-curable adhesives. These adhesives are known to eliminate heat and Radio Frequency (RF) sealing of clamshell packages. The usage of UV-curable adhesives as laminating films, papers, and foils is increasing in product packaging applications where weather resistance is required.With the growing trend of e-commerce, e-retail, and online food orders and delivery services, the demand for packaging materials, especially flexible packaging has been increasing, which is likely to drive the demand for UV-curable adhesives during the forecast period.Asia-Pacific and North America dominate the demand for UV-curable adhesives for packaging application
Regional Analysis For UV-Curable Adhesives Market:
The report offers in-depth assessment of the growth and other aspects of the «UV-Curable Adhesives Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
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Influence of the UV-Curable Adhesives Market Report:
-Comprehensive assessment of all opportunities and risk in the UV-Curable Adhesives Market.
-The UV-Curable Adhesives Market recent innovations and major events.
-Detailed study of business strategies for growth of the UV-Curable Adhesives Market leading players.
-Conclusive study about the growth plot of UV-Curable Adhesives Market for forthcoming years.
-In-depth understanding of UV-Curable Adhesives Market particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the UV-Curable Adhesives Market.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global UV-Curable Adhesives Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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