Press release
UV Adhesives Market to Soar at a CAGR 12% to 2024: Top Key Players - Henkel, H B Fuller, Permabond BASF SE, Dow Corning, The 3M Company, Ashland, Dymax, Corporation, DELO, Sika
Market Study Report LLC has announced the addition of the UV Adhesives Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 12% CAGR to 2024.
The UV glue industry is segmented based on end-user such as transportation, medical, industrial assembly, electronics and others including construction activities, wood working, packaging, etc. Electronic is likely to have a large market share & is expected to grow with CAGR of nearly 12% in forecast period due to enhancing technology to manufacture insulated electronics components. Based on value, the transportation segment will generate around USD 170 million till 2024. This is due to demand of light weighted and high-tech automobiles as the use of UV glue will replace nuts and screws used in assembling automobile parts.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1002540/
China?s transportation segment depicted to be favorable quotient for UV adhesives market with annual rate of 12.8% during study period. The product is used for various application such as glass bonding, automotive electronic system, etc. According to OICA (France), overall automotive production in China was registered nearly 28 million units with 14.5% increase in 2016. This will propel the product demand till 2024. The proliferation in industrial and manufacturing sector of China will robust the product market. The manufacturing sector grew at rate of 8% in March 2017 and accounted for more than 40% of the total GDP of China.
Aging population along with extended life expectancy will create the sustainable demand of medical devices worldwide. The use of UV adhesives in medical devices and equipment will boost the demand of the product as it is recognized low emission volatile organic compound. U.S is one of the leading producer & consumer of medical devices and regarded globally for their innovation and high-tech products. Major states for medical devices companies in U.S. region include New York, Florida, California, Michigan, Illinois, Michigan, Minnesota, Pennsylvania, Georgia and Massachusetts. UV Adhesive Market will surpass USD 1.5 billion by 2024; according to a new research report.
The major restraining factor of UV adhesives market is the high production cost owing to use of UV technology, hence increasing the UV glue prices. The availability of various other electron beam and visible light cure adhesives will hamper the demand of the product in coming seven years.
According to product, UV glue market is fragmented into acrylic, epoxy, silicon, and polyurethanes. The other niche product include cyanoacrylate, polyester, polysulfide etc. Among all, acrylic acquired above 40% of the overall product market share and is likely to grow at an annual rate of nearly 10%.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1002540/
In 2016, U.S. shared over three-fourth of the overall North America market and is probable to increase at significant rate in upcoming years. Increase growth rate in medical and electronic industry promotes UV cured adhesives in the industry. South Korea and India will be the emerging market in Asia Pacific region and both countries will exhibit the gain of more than 13% in upcoming years.
The key players product includes BASF, H. B Fuller, Henkel, 3M company, The Dow Chemical Company, Permabond, DELO, Sika, Dymax Corporation, and Ashland.
Table of Contents:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. UV Adhesives Industry Insights
Chapter 4. UV Adhesives Market, Product by End-user
Chapter 5. UV Adhesives Market, By End-user
Chapter 6. UV Adhesives Market, By Region
Chapter 7. UV Adhesives Market Company Profiles
For more information on this report at: https://www.marketstudyreport.com/reports/uv-adhesives-market/?utm_source=Openpr.com-SP
Related Reports: -
Global UV Adhesives Market Research Report 2018
In this report, the global UV Adhesives market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/global-uv-adhesives-market-research-report-2018/?utm_source=RR-SP
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/
The UV glue industry is segmented based on end-user such as transportation, medical, industrial assembly, electronics and others including construction activities, wood working, packaging, etc. Electronic is likely to have a large market share & is expected to grow with CAGR of nearly 12% in forecast period due to enhancing technology to manufacture insulated electronics components. Based on value, the transportation segment will generate around USD 170 million till 2024. This is due to demand of light weighted and high-tech automobiles as the use of UV glue will replace nuts and screws used in assembling automobile parts.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1002540/
China?s transportation segment depicted to be favorable quotient for UV adhesives market with annual rate of 12.8% during study period. The product is used for various application such as glass bonding, automotive electronic system, etc. According to OICA (France), overall automotive production in China was registered nearly 28 million units with 14.5% increase in 2016. This will propel the product demand till 2024. The proliferation in industrial and manufacturing sector of China will robust the product market. The manufacturing sector grew at rate of 8% in March 2017 and accounted for more than 40% of the total GDP of China.
Aging population along with extended life expectancy will create the sustainable demand of medical devices worldwide. The use of UV adhesives in medical devices and equipment will boost the demand of the product as it is recognized low emission volatile organic compound. U.S is one of the leading producer & consumer of medical devices and regarded globally for their innovation and high-tech products. Major states for medical devices companies in U.S. region include New York, Florida, California, Michigan, Illinois, Michigan, Minnesota, Pennsylvania, Georgia and Massachusetts. UV Adhesive Market will surpass USD 1.5 billion by 2024; according to a new research report.
The major restraining factor of UV adhesives market is the high production cost owing to use of UV technology, hence increasing the UV glue prices. The availability of various other electron beam and visible light cure adhesives will hamper the demand of the product in coming seven years.
According to product, UV glue market is fragmented into acrylic, epoxy, silicon, and polyurethanes. The other niche product include cyanoacrylate, polyester, polysulfide etc. Among all, acrylic acquired above 40% of the overall product market share and is likely to grow at an annual rate of nearly 10%.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1002540/
In 2016, U.S. shared over three-fourth of the overall North America market and is probable to increase at significant rate in upcoming years. Increase growth rate in medical and electronic industry promotes UV cured adhesives in the industry. South Korea and India will be the emerging market in Asia Pacific region and both countries will exhibit the gain of more than 13% in upcoming years.
The key players product includes BASF, H. B Fuller, Henkel, 3M company, The Dow Chemical Company, Permabond, DELO, Sika, Dymax Corporation, and Ashland.
Table of Contents:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. UV Adhesives Industry Insights
Chapter 4. UV Adhesives Market, Product by End-user
Chapter 5. UV Adhesives Market, By End-user
Chapter 6. UV Adhesives Market, By Region
Chapter 7. UV Adhesives Market Company Profiles
For more information on this report at: https://www.marketstudyreport.com/reports/uv-adhesives-market/?utm_source=Openpr.com-SP
Related Reports: -
Global UV Adhesives Market Research Report 2018
In this report, the global UV Adhesives market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/global-uv-adhesives-market-research-report-2018/?utm_source=RR-SP
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
