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
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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