UV Curing System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
UV Curing System Market Introduction
UV curing is the process by which ultraviolet light is used to initiate photochemical reaction, generating a cross-linked network of polymers. UV curing system is the cross chemical reaction when UV ink or varnish is used on the object and when it passes and gets cured when it passes through UV light. The system is used to cure adhesives, polymer resins, coatings, and other UV curable resin products. UV curing systems uses spot, focused, and flood beam light in order to provide ultraviolet illumination. These systems are also available in various configurations.
UV curing systems are widely adopted across industries owing to the various benefits such as rising adoption of UV LEDs, reduced power consumption, low operation and maintenance cost, and easy disposal.
UV Curing System Market- Notable Highlights
Founded in 1918, Baldwin Technology is located in the US. The company manufactures and supplies printer accessories and control equipment for the print industry.
Founded in 1935, Nordson Corporation is located in the US. The company manufactures and markets systems and products to dispense and control adhesives, polymers, coatings, biomaterials, and other fluids.
Founded in 1931, Excelitas Technologies is located in the US. The company designs, manufactures, and tests advanced electronic systems and customized optoelectronics. The product portfolio of the company includes UV curing systems, flash lamps, light emitting diodes, photonic detectors, etc.
Founded in 1851, Heraeus is located in Germany. The company focuses on special and precious metals, specialty light sources, sensors, medical technology, and quartz glass.
Some of the most prominent competitors operating in the competitive landscape of global UV curing system market include –
UV Curing System Market Dynamics
Increasing adoption of UV LED Curing Technology for Printing Driving UV Curing System Market Growth
UV LED curing is finding wide application in the graphics application, especially in digital inject printing, sheetfed offset printing, screen printing, and flexo printing. Rapid growth can be witnessed in these areas, with the fastest growth in sheetfed offset printing. Companies are also offering LED cured UV inks for sheetfed offset printing for sustainable print. In recent years, the advancement and development in LED manufacturing technology along with compatible inks has led to energy efficient, long life, and low heat LED UV curing systems. This has resulted in wide adoption of UV printing with LED UV curing.
Sheetfed commercial printing is shifting to UV LED because of improved print quality, productivity, and reduction in energy consumption. Meanwhile, in response to growing demand for high speed printing, manufacturers in the UV curing systems market are focusing on developing high quality UV LED curing system.
UV Curing System Gaining Traction in the Automotive Industry
UV curing systems are gaining traction in the automotive industry with extensive use of UV light curing system for assembling and bonding application in the automotive sector. In recent years, the use of medium pressure UV curing lamps has increased in the automotive industry. Moreover, UV curable coating is largely being applied to alloy wheels in order to protect the finish from ice, water, salt, light and scratch damage. These coatings on alloy wheels are exposed to medium pressure UV curing lamps for quick drying. Moreover, automotive manufacturers continue to focus on UV curable coatings for exterior paint finish. This has led to the development of robotic UV curing for automotive exteriors as technically viable and cost-effective alternative for UV curing system in the automotive industry.
Limited Depth of Curing to Restrain the Growth in the UV Curing System Market
One of the primary limitations of the UV curing system is the limited penetration depth of light which depends on the spectral and wavelength distribution and does not exceed a few millimeters. The light induced cure is also limited to coatings, inks, and adhesives. Meanwhile, different UV adhesives have been designed with different cure wavelength and speed. Hence, based on the nature of UV curable adhesive the depth of cure is limited, this is leading to the manufacturers selecting different UV cure products with improved depth of cure.
Moreover, type of UV light also affects the depth of cure. This is resulting in the use of lamp system with higher intensity peaks nearly 385 nm or greater, thus allowing UV light to cure adhesives in thick sections and also cure material more uniformly.
UV Curing System Market Segmentation
Based on the type, the UV curing system market is segmented into
Based on the application, the UV curing system market is segmented into
Based on end user, the UV curing system market is segmented into
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report