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Acrylic-based UV-Curable Adhesives Market: Trends, Forecast, and Competitive Analysis to 2031
The "Acrylic-based UV-Curable Adhesives Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Acrylic-based UV-Curable Adhesives market is expected to grow annually by 12.7% (CAGR 2024 - 2031).
This entire report is of 183 pages.
Acrylic-based UV-Curable Adhesives Introduction and its Market Analysis
The Acrylic-based UV-Curable Adhesives market research report provides insights into the market conditions of this rapidly growing industry. Acrylic-based UV-Curable Adhesives are adhesives that cure instantly when exposed to ultraviolet light, making them ideal for various applications in industries such as electronics, automotive, and medical devices. The target market for Acrylic-based UV-Curable Adhesives includes manufacturers looking for fast and efficient bonding solutions. Major factors driving revenue growth in this market include increased demand for durable and strong adhesive solutions, technological advancements, and the growing trend towards eco-friendly adhesives. Companies operating in the Acrylic-based UV-Curable Adhesives market like Henkel, 3M, Avery Dennison, and others are expanding their product portfolios and geographical presence to meet the rising demand. The report also offers market analysis on key players in the industry and highlights their strategies for sustainable growth. The main findings of the report suggest that the Acrylic-based UV-Curable Adhesives market is poised for significant growth in the coming years, driven by increasing applications across various industries and the need for efficient bonding solutions. Recommendations include investing in research and development, exploring new market opportunities, and focusing on product innovation to stay competitive in the market.
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Acrylic-based UV-Curable Adhesives are gaining popularity in various industries due to their fast curing time, high bond strength, and compatibility with a wide range of substrates. In the Electronic Technology sector, these adhesives are used for bonding components on circuit boards. In Plastic Technology, they find applications in bonding plastic parts in electronic devices. Glass & Metal Technology use these adhesives for bonding glass and metal components in automotive and construction industries.
The market for Acrylic-based UV-Curable Adhesives is segmented based on applications such as Glass Adhesive, Automotive, Electronic & LCD Adhesive, Medical Adhesive, Crafts Adhesive, and others. Regulatory and legal factors specific to the market conditions include compliance with safety regulations, environmental laws, and industry standards for adhesives used in medical devices and electronics.
Overall, the Acrylic-based UV-Curable Adhesives market is expected to grow significantly in the coming years, driven by the increasing demand for high-performance adhesives in various industries. Companies in this market need to ensure compliance with regulatory requirements to maintain their market position and meet customer expectations for quality and safety.
Top Featured Companies Dominating the Global Acrylic-based UV-Curable Adhesives Market
The global Acrylic-based UV-Curable Adhesives Market is highly competitive with key players like Henkel, 3M, Avery Dennison, Kyoritsu Chemical, Delo Adhesives, Cartell Chemical, Dymax Corporation, Permabond, Optics SUNRISE, Ransheng, . Fuller, ITW Devcon, Denka, Panacol-Elosol GmbH, MasterBond, Jing Shun, and Ichemco operating in the market. These companies offer a wide range of acrylic-based UV-curable adhesive products for various applications like electronics, automotive, medical, and construction among others.
Henkel, 3M, and Avery Dennison are some of the leading players in the acrylic-based UV-curable adhesive market. These companies focus on research and development to introduce innovative adhesive solutions to meet the increasing demand from end-users. They also engage in strategic partnerships, mergers, and acquisitions to expand their market presence.
Companies like Kyoritsu Chemical, Delo Adhesives, and Permabond are also significant players in the market. They offer high-quality acrylic-based adhesive products with advanced technological features to cater to specific customer needs and requirements. These companies actively participate in trade shows, exhibitions, and conferences to promote their products and showcase their capabilities to potential customers.
The sales revenue of these companies varies, with 3M generating over $32 billion in revenue in 2020, while Henkel reported sales of around €19.3 billion in the same year. Avery Dennison had sales of approximately $7.2 billion, and H.B. Fuller reported revenue of about $3 billion in 2020.
In conclusion, companies like Henkel, 3M, Avery Dennison, and other key players in the acrylic-based UV-curable adhesive market play a crucial role in driving market growth through product innovation, strategic marketing, and expanding their market presence. Their competitive strategies and continuous focus on customer satisfaction help to enhance the adoption of acrylic-based UV-curable adhesives and drive market expansion.
- Henkel
- 3M
- Avery Dennison
- Kyoritsu Chemical
- Delo Adhesives
- Cartell Chemical
- Dymax Corporation
- Permabond
- Optics SUNRISE
- Ransheng
- H. B. Fuller
- ITW Devcon
- Denka
- Panacol-Elosol GmbH
- MasterBond
- Jing Shun
- Ichemco
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Acrylic-based UV-Curable Adhesives Market Analysis, by Type:
- Electronic Technology
- Plastic Technology
- Glass & Metal Technology
Acrylic-based UV-curable adhesives are used in various industries like electronic technology, plastic technology, and glass & metal technology. Electronic technology utilizes these adhesives for bonding electronic components while plastic technology involves bonding plastic substrates. Glass & metal technology utilizes these adhesives for bonding glass and metal surfaces. These types of adhesives offer fast curing, high bond strength, and improved durability, making them attractive options for various applications. The versatility and performance of these adhesives in different industries contribute to the increasing demand for acrylic-based UV-curable adhesives, driving growth in the market.
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Acrylic-based UV-Curable Adhesives Market Analysis, by Application:
- Glass Adhesive
- Automotive
- Electronic & LCD Adhesive
- Medical Adhesive
- Crafts Adhesive
- Others
Acrylic-based UV-Curable Adhesives are widely used in various applications such as glass bonding, automotive assembly, electronic and LCD bonding, medical device assembly, crafts, and other industries. These adhesives are applied to substrates and cured using ultraviolet light, creating a strong and durable bond. The fastest growing application segment in terms of revenue is automotive assembly, as more manufacturers are turning to UV-curable adhesives for their cost-effectiveness, fast curing times, and environmental benefits compared to traditional bonding methods. Additionally, these adhesives provide excellent adhesion to a variety of substrates and offer high strength and resistance to harsh environmental conditions.
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Acrylic-based UV-Curable Adhesives Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The global acrylic-based UV-curable adhesives market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are expected to dominate the market, with a market share percent valuation of 30% each. The Asia-Pacific region is also expected to experience substantial growth, with an expected market share of 25%. Latin America and the Middle East & Africa regions are projected to have a market share of 10% each. This growth is fueled by increasing demand for eco-friendly and sustainable adhesive solutions across various industries.
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