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UV-Curable Adhesives Market Report by Resin Type (Silicone, Acrylic, Polyurethane, Epoxy, and Other Resin Types), Substrate (Ceramic, Glass, Composites, Metal, Plastics, Rubber and Elastomers, and Others), End User (Medical, Electrical and Electronics, Transportation, Packaging, Furniture, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A6389
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Market Overview:
The global UV-curable adhesives market size reached US$ 352.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 605.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.01% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 352.2 Million |
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Market Forecast in 2032
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US$ 605.4 Million |
| Market Growth Rate 2024-2032 | 6.01% |
A UV-curable adhesive is a type of light-curing adhesive that cures through UV light exposure without requiring any heating, making it ideal for packaging temperature-sensitive materials or devices. Post application, these adhesives use ultraviolet light or other varieties of radiation to induce hardening and to form a permanent bond without heating. Environment and user-friendly in nature, they consist of oligomers, monomers, photo-graph initiators, and UV clear filters that promote quick curing. These products offer superior properties, such as rapid curing rates, high bond strength, and low VOC emissions. They are also extremely strong, flexible, and can withstand extreme temperatures and humidity. Their chemical resistance and quick curing time make them ideal for bonding, encapsulating, coating, tacking, and sealing applications in a wide range of industries.
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UV-Curable Adhesives Market Trends:
The market is majorly driven by the escalating product demand in numerous end-use industries for the production of ceramic, rubber, metal, electronics, pharmaceuticals and plastic substrates. In addition to this, the growing need for better production rates resulting in the rapid utilization of assembly lines in the electronics industry is fueling the market. Also, the rising demand for UV adhesives for flexible packaging applications requiring weather resistance is providing an impetus to the market. This can be attributed to the rapid utilization of these adhesives in laminating films, papers, and foils for product packaging purposes. Apart from this, the widespread utilization of environment-friendly industrial coatings and the escalating demand for UV-curable inks in packaging applications are fueling the market. Moreover, the increasing use of UV-curable resins in 3D printing, barrier films, and printed circuits is impacting the market positively. Some of the other factors contributing to the market include rapid urbanization and industrialization, considerable growth in the e-commerce industry, and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global UV-curable adhesives market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on resin type, substrate and end user.
Breakup by Resin Type:
- Silicone
- Acrylic
- Polyurethane
- Epoxy
- Other Resin Types
Breakup by Substrate:
- Ceramic
- Glass
- Composites
- Metal
- Plastics
- Rubber and Elastomers
- Others
Breakup by End User:
- Medical
- Electrical and Electronics
- Transportation
- Packaging
- Furniture
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Beacon Adhesives Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Denka Company Limited, Dow Corning Corporation (Dow Chemical Company), Dymax Corporation, Epoxy Technology (Meridian Adhesives Group LLC), H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Panacol-Elosol GmbH, Permabond LLC and Sika AG.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Resin Type, Substrate, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 3M Company, Beacon Adhesives Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Denka Company Limited, Dow Corning Corporation (Dow Chemical Company), Dymax Corporation, Epoxy Technology (Meridian Adhesives Group LLC), H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Panacol-Elosol GmbH, Permabond LLC and Sika AG |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global UV-curable adhesives market was valued at US$ 352.2 Million in 2023.
We expect the global UV-curable adhesives market to exhibit a CAGR of 6.01% during 2024-2032.
The rising demand for UV-curable adhesives, as they are flexible, exhibit high bond strength, can withstand extreme temperatures, etc., is primarily driving the global UV-curable adhesives market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for UV-curable adhesives.
Based on the resin type, the global UV-curable adhesives market can be categorized into silicone, acrylic, polyurethane, epoxy, and other resin types. Currently, acrylic accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global UV-curable adhesives market include 3M Company, Beacon Adhesives Inc., DELO Industrie Klebstoffe GmbH Co. KGaA, Denka Company Limited, Dow Corning Corporation (Dow Chemical Company), Dymax Corporation, Epoxy Technology (Meridian Adhesives Group LLC), H.B. Fuller Company, Henkel AG Co. KGaA, Master Bond Inc., Panacol-Elosol GmbH, Permabond LLC, and Sika AG.
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