Asia Pacific UV Curing System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Bonding & Assembling, Disinfection, Coating & Finishing, and Printing) and End User (Automotive, Healthcare, Electronics, and Others)

Code: TIPRE00029183 | Pages: 102 | Industry: Electronics and Semiconductor | Date: May 2022
Covid

The UV curing system market in Asia Pacific is expected to grow from US$ 1,064.88 million in 2021 to US$ 2,096.70 million by 2028; it is estimated to grow at a CAGR of 10.2% from 2021 to 2028.

 

There is an increase in the use of 3D printing in today's market. Many companies are increasingly using this technology for creating a three-dimensional structure for rapid prototyping and additive manufacturing. The UV curing process is based on a photochemical reaction, using light instead of heat, which instantly dries and cures the inks. Therefore, with the high adoption of 3D printing in the market, the market for UV curing is simultaneously growing, and it will continue to increase in the coming years. For instance, RADTECH is using UV curing systems for the 3D printing process and additive manufacturing. Arkema Group is using the 3D printing technology using the UV curing method for providing superior performance and faster curing material to its customers. Thus, the increasing adoption of UV curing technology in the 3D printing industry will support the growth of UV curing systems in the coming years. UV curing solutions are appealing to industrial wood coating applications because of their utilization on heat-sensitive wood substrates like pine, fir, spruce, and mahogany. When resinous, oily woods become excessively heated, the resins or pitch can rise to the surface, causing discoloration as well as adhesion problems. The composition of wood varies greatly, making it difficult to properly prepare these materials for coating. LED curing at lower temperatures is excellent for these woods, and it may even allow the use of lower-grade woods. These factors influence the high adoption of UV curing coating for 3D printing and wood coating, thereby influencing the market's growth.


Asia Pacific UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

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Asia Pacific UV Curing System Market Segmentation

 

The Asia Pacific UV curing system market is segmented based on application, end user, and country. Based on application, the market is segmented into bonding and assembling, disinfection, coating and finishing, and printing. In 2020, the bonding and assembling segment held the largest share of the market; and the printing segment is expected to register the highest CAGR during the forecast period. Based on end user, the Asia Pacific UV curing system market is segmented into automotive, healthcare, electronics, and others. In 2020, the automotive segment held the largest market share; and the healthcare segment is expected to register the highest CAGR in the market during the forecast period. Based on country, the Asia Pacific UV curing system market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In 2020, China held the largest market share; and India is expected to grow at the fastest CAGR during the forecast period.

 

Dymax Corporation, Excelitas Technologies Corp., Hanovia-uv, Heraeus Holding, IST Metz GmbH, Nordson Corporation, and Phoseon Technology are among the leading companies in the Asia Pacific UV curing system market.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Asia Pacific UV Curing System Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Asia Pacific UV Curing System Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Raising Demand for UV LED-Based Curing over Conventional Curing Methods

5.1.2        Binding Government Regulations

5.2         Market Restraints

5.2.1        Narrow Depth of Curing

5.3         Market Opportunities

5.3.1        Strengthening Investment in Strategic Developments by Major Players

5.4         Future Trends

5.4.1        Growing Adoption of UV Curing Solutions for 3D Printing and Wood Coating

5.5         Impact Analysis of Drivers and Restraints

6.           Asia Pacific UV Curing System Market Analysis

6.1         Asia Pacific UV Curing System Market Overview

6.2         Asia Pacific UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.           Asia Pacific UV Curing System Market Analysis – by Application

7.1         Overview

7.2         Asia Pacific UV Curing System Market Breakdown, by Application, 2020 and 2028

7.3         Bonding & Assembling

7.3.1        Overview

7.3.2        Bonding & Assembling: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.4         Disinfection

7.4.1        Overview

7.4.2        Disinfection: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.5         Coating & Finishing

7.5.1        Overview

7.5.2        Coating & Finishing: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.6         Printing

7.6.1        Overview

7.6.2        Printing: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

8.           Asia Pacific UV Curing System Market Analysis – by End User

8.1         Overview

8.2         Asia Pacific UV Curing System Market, by End User (2020 and 2028)

8.3         Automotive

8.3.1        Overview

8.3.2        Automotive: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Healthcare

8.4.1        Overview

8.4.2        Healthcare: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Electronics

8.5.1        Overview

8.5.2        Electronics: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.           Asia Pacific UV Curing System Market – Country Analysis

9.1         Overview

9.1.1        Asia Pacific: UV Curing System Market, by Key Country

9.1.1.1          Australia: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Australia: UV Curing System Market, by Application

9.1.1.1.2          Australia: UV Curing System Market, by End User

9.1.1.2          China: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          China: UV Curing System Market, by Application

9.1.1.2.2          China: UV Curing System Market, by End User

9.1.1.3          India: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          India: UV Curing System Market, by Application

9.1.1.3.2          India: UV Curing System Market, by End User

9.1.1.4          Japan: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          Japan: UV Curing System Market, by Application

9.1.1.4.2          Japan: UV Curing System Market, by End User

9.1.1.5          South Korea: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          South Korea: UV Curing System Market, by Application

9.1.1.5.2          South Korea: UV Curing System Market, by End User

9.1.1.6          Rest of APAC: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of APAC: UV Curing System Market, by Application

9.1.1.6.2          Rest of APAC: UV Curing System Market, by End User

10.        Industry Landscape

10.1      Overview

10.2      Market Initiative

10.3      New Product Development

11.        Company Profiles

11.1      Dymax Corporation

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Excelitas Technologies Corp

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Nordson Corporation

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Phoseon Technology

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Heraeus Holding GmbH

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      IST METZ GmbH &Co. KG

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      Hanovia-UV

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Word Index

 


LIST OF TABLES

Table 1.             Asia Pacific UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Australia: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 4.             China: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 5.             China: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 6.             India: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 7.             India: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Japan: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Japan: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 10.          South Korea: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of APAC: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of APAC: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Asia Pacific UV Curing System Market Segmentation

Figure 2.           Asia Pacific UV Curing System Market Segmentation – By Country

Figure 3.           Asia Pacific UV Curing System Market Overview

Figure 4.           Bonding & Assembling Segment held the largest share in 2020

Figure 5.           China held the largest share in 2020

Figure 6.           Asia Pacific: PEST Analysis

Figure 7.           Asia Pacific UV Curing System Market – Ecosystem Analysis

Figure 8.           Expert Opinion

Figure 9.           Asia Pacific UV Curing System Market: Impact Analysis of Drivers and Restraints

Figure 10.        Asia Pacific UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Asia Pacific UV Curing System Market Revenue Share, by Application (2020 and 2028)

Figure 12.        Bonding & Assembling: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Disinfection: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Coating & Finishing: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Printing: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Asia Pacific UV Curing System Market Revenue Share, by End User (2020 and 2028)

Figure 17.        Automotive: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Healthcare: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Electronics: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Others: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Asia Pacific UV Curing System Market – Geographic Analysis

Figure 22.        Asia Pacific: UV Curing System Market Revenue Share, by Key Country (2020 and 2028)

Figure 23.        Australia: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        China: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        India: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Japan: UV Curing System Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 27.        South Korea: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.          Rest of APAC: UV Curing System Market – Revenue, and Forecast to 2028 (US$ Million)
  1. Excelitas Technologies Corp
  2. Nordson Corporation
  3. Phoseon Technology
  4. Heraeus Holding GmbH
  5. Hanovia-UV
  6. Dymax Corporation                                 
  7. IST METZ GmbH &Co. KG                       
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific UV curing system market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific UV curing system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the UV curing system market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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