UV LED-based curing systems have better properties than the other curing systems, such as better abrasion resistance, durability, elasticity, adhesion, and chemical resistance. Hence, the demand for UV LED-based curing systems is increasing over conventional curing systems that use mercury lamps. These systems also provide a better operational speed of the machine and faster drying of the product. The UV curing systems also reduce the emission of the volatile organic compounds (VOCs) released during painting, coatings, inks, adhesives, and similar materials. Hence, these systems are highly adopted in a wide variety of applications such as furniture, automotive, healthcare, and electronics. UV LED curing is mostly utilized in graphics applications such as digital inkjet printing, screen printing, sheetfed offset printing, and flexo printing. These industries are quickly expanding, with sheetfed offset printing experiencing the most rapid expansion. Optical fiber coating, electronics, wood coating, and gel nail applications have also adopted UV LED curing solutions. Furthermore, UV LED curing provides many advantages over other conventional curing methods. UV LED curing uses arc lamps or microwaves, enables the use of 100% solid formulations, and provides quick curing with no thermal heating/ovens, faster production speeds, and a smaller footprint. These features are also responsible for the increase in the use of UV LED-based curing, which is driving the demand for UV curing systems.
Europe UV Curing System Market Segmentation
The Europe 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 South America 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 Europe UV curing system market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In 2020, Germany held the largest market share; and Italy is expected to grow at the fastest CAGR during the forecast period.
Jenton Group, AMS Spectral UV, Dymax Corporation, Excelitas Technologies Corp., Hanovia-uv, Heraeus Holding, IST Metz GmbH, Nordson Corporation, and Phoseon Technology are among the leading companies in the Europe UV curing system market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 813.00 Million |
| Market Size by 2028 | US$ 1,386.54 Million |
| CAGR (2021 - 2028) | 7.9% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe UV Curing System Market is valued at US$ 813.00 Million in 2021, it is projected to reach US$ 1,386.54 Million by 2028.
As per our report Europe UV Curing System Market, the market size is valued at US$ 813.00 Million in 2021, projecting it to reach US$ 1,386.54 Million by 2028. This translates to a CAGR of approximately 7.9% during the forecast period.
The Europe UV Curing System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe UV Curing System Market report:
The Europe UV Curing System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe UV Curing System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe UV Curing System Market value chain can benefit from the information contained in a comprehensive market report.
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