Market
Overview:
Market research future will be
publishing a cooked research report on Global UV Adhesives Market that contains the information from 2014 to
2022. Global UV Adhesives Market is expected to grow with
the CAGR of more than 9.5% from 2016 to 2022, and with this it is predictable
to cross USD 1.5 Billion by 2022.
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The global UV Adhesives market has
projected an outstanding growth over the historic years and it has been
predicted that the global market will keep on rising during the forecast
period. The UV Adhesives market is mainly driven by the growing demand from its
application segment such as from glass bonding, electronics, packaging &
laminating, medical & pharmaceuticals and industrial application. The UV
Adhesives market is mainly driven by the demand from packaging & laminating
segment, as this segment holds the strong position in the UV Adhesives market.
According to MRFR analysis, the rising preference of smaller and thinner electronics
gadgets is one of the major growth drivers. The other major factors behind the
growth of UV Adhesives market are changing consumer preference and life style,
increasing electronics demand, advanced technologies emerging economies and
other several factors. The Global UV Adhesives Market is expected to reach USD
1.5 billion at the end of the forecasted period and is expected to grow at CAGR
of more than 9.5% from 2016 to 2022.
North America will be the leading
market
North America will be the ruling market
for global UV Adhesives, accounting for USD XX Million and is expected to grow
over USD XX Million by 2022. This share is attributed to the growing demand
from application segment, matured economy and advanced technology.
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· Henkel AG
· BASF SE
· 3M Company
· Ashland
· H.B. Fuller
· Permabond
Engineering Adhesives
· Epoxy
Technology
· Dow Chemical
· Bostik
· Huntsman
Corporation
This research report has provides the
insights, on various levels of analyses such industry analysis, market share
analysis leading market players and their profiles. This report also helps in
studying the target segments by providing views on emerging & high-growth
segments and market conclusion. Together the market data comprise and discuss
with the basic assessments on the competitive scenarios & strategies, of
the Global UV Adhesives Market,
including the high-growth regions, countries and their political, economic and
technological environments. Furthermore the project report also provides the
views over the historical market values as well as, pricing and cost analysis
of the same.
Industry/
Innovation/ Related News:
November
2016 – H. B. fuller has launched two new water-based
adhesives, containing a UV fluorescing agent, developed to help corrugators who
are investing to achieve zero defects in their production lines. The new
product launch would help H.B. fuller to attract the consumer and hence
increase its market share.
August
2016 – Panasonic Corporation announced that it has
developed a "Time-lagged UV Curing Adhesive (Fine Glue)" suitable for
gluing and assembly of mobile device housings and panels, and will start
mass-producing it in September 2016. This liquid material cures after a certain
amount of time following exposure to UV irradiation, making it easier to carry
out the assembly process and rendering it possible to attach a UV-protection
(UV-proof) panel after irradiation. As this new adhesive can be applied
in a thin width and thick layer, it is suitable for mobile devices that have
limited space for adding adhesive.
July
2017 – Vitralit® UC 6686 is a newly developed light
curable epoxy adhesive from manufacturer Panacol lloking at the growing demand
of UV adhesives in the market. Upon exposure to ultraviolet light, it cures in
seconds to form a crystal clear, extremely hard, scratch resistant surface
perfect for dome coatings and for decorating glass and plastics. The
acquisition has been done in order to expand the UV operation in Hong Kong in
order to address the forthcoming demand.
February
2017 – Innovative Chemical Products (the ICP Group)
announced the acquisition of MinusNine Technologies, a leading formulator and
manufacturer of UV/EB coatings, adhesives, primers and specialty products for
graphic arts and industrial applications. MinusNine, headquartered in
Birdsboro, PA, will be integrated into ICP Industrial, Inc., one of the three
divisions of the ICP Group. The acquisition has been done in order to address
the forthcoming demand.
April
2015 – Henkel has agreed to acquire
Novamelt GmbH, a privately owned German company that offers a wide range of
hotmelt pressure sensitive UV adhesives based on thermoplastic rubber under the
brand name Novamelt PS. With this transaction Henkel as leading solution
provider worldwide for adhesives, sealants and functional coatings will further
enhance its competence in the area of hotmelt adhesives.
November
2017 – Covestro has begun operations at a new
production facility for aqueous polyurethane dispersions (PUDs) at its Dormagen
site. Along with a current expansion of production in Barcelona, the company is
thus boosting its capacities in Europe significantly. In order to meet global
demand, Covestro is also building a new facility in China, as well as planning
to resume production in the United States and at the same time modernizing and
expanding facilities there.
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