Market forecast for UV curing system for 2028
Market forecast for UV curing system for 2028

Market forecast for UV curing system for 2028

New York, March 14, 2022 (GLOBE NEWSWIRE) – announces the release of the report “UV Curing System Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Application and End User” –
With the improved standard of living among the population of developing countries such as India and China, the demand for various electronics is also experiencing a marked increase over the years.

Countries like China, India and Japan have a huge base of electronic manufacturers. Haier, TCL, Xiaomi, Lenovo, Huawei, Havell’s India, Voltas, Godrej, Hitachi, Panasonic, Canon and Toshiba are among the most important electronic manufacturers across countries.

UV curing systems are actively used across these companies for various applications, such as die attachment, wire bonding, pin attachment and sealing and packing products. UV curing solutions are also used for coating applications across this industry.

The wide range of UV curing applications thus drives the demand for the same among the industries and thereby contributes to the growth of the market.

Impact of the COVID-19 Pandemic on the UV Curing System Market in the Middle East and Africa Region
The majority of economic operations in the Middle East and Africa region were suspended due to an increase in the number of COVID-19 cases in the region, which negatively affected the market for UV curing system from both the supply and demand side. As the tourism sector in the country experienced much less demand due to international travel ban, the demand for new air conditioners, TVs and refrigerators decreased especially from the hospitality industry.

This affected the requirement for UV curing system from consumer electronics manufacturers. In addition, the end users are in the region

UV LED-based curing systems have better properties, such as better abrasion resistance, durability, elasticity, adhesion and chemical resistance, than the other curing systems. Therefore, the demand for UV LED-based curing systems is increasing compared to conventional curing systems that use mercury lamps.

UV LED-based curing systems also provide a better operating speed of the machine and faster drying of the product. The UV curing systems also reduce the emission of the volatile organic compounds (VOCs) that are released during paints, coatings, inks, adhesives, and similar materials.

Therefore, these systems are widely used by various end-use industries, such as furniture, automotive, healthcare and electronics.

The overall market size of UV curing system has been deduced using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the market of UV curing system with respect to all the segments. It also provides the overview and forecast for the market based on all segmentation provided with respect to five major regions – North America, Europe, Asia Pacific, Middle East and Africa and South America.

Primary interviews were also conducted with industry participants and commentators to validate data and gain more analytical insight into the topic. Participants in this process include industry experts such as VPs, business development managers, market intelligence managers and national sales managers, along with external consultants such as valuation experts, research analysts and key opinion leaders specializing in the UV curing system market.

A few of the major players operating in the market of UV curing system are American Ultraviolet, AMS Spectral UV, Dymax Chemical (Shanghai) Co. Ltd., Excelitas Technologies Corp., Hanovia-uv, Heraeus Holding GmbH, IST Metz GmbH, Jenton Group, Nordson Corporation and Phoseon Technology. These companies are actively investing in new product developments and geographic expansions to acquire a larger customer base across the globe.
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