Europe 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: TIPRE00029260 | Pages: 110 | Industry: Electronics and Semiconductor | Date: May 2022
Covid

The UV curing system market in Europe is expected to grow from US$ 813.00 million in 2021 to US$ 1,386.54 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028.

 

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 Revenue and Forecast to 2028 (US$ Million)  

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

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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.

 

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.           Europe UV Curing System Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe UV Curing System Market – Key Market Dynamics

5.1         Market Drivers

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

5.1.2        Rigorous Government Regulations for Conventional Coating Process

5.2         Market Restraints

5.2.1        Shorten Depth of Curing

5.3         Market Opportunities

5.3.1        Increasing Investment in Strategic Developments by Major Players

5.4         Future Trends

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

5.5         Impact Analysis of Drivers and Restraints

6.           Europe UV Curing System Market Analysis

6.1         Europe UV Curing System Market Overview

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

7.           Europe UV Curing System Market Analysis – by Application

7.1         Overview

7.2         Europe 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.           Europe UV Curing System Market Analysis –  by End User

8.1         Overview

8.2         Europe 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.           Europe UV Curing System Market Country Analysis

9.1         Overview

9.1.1        Europe: UV Curing System Market, by Key Country

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

9.1.1.1.1          Germany: UV Curing System Market, by Application

9.1.1.1.2          Germany: UV Curing System Market, by End User

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

9.1.1.2.1          France: UV Curing System Market, by Application

9.1.1.2.2          France: UV Curing System Market, by End User

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

9.1.1.3.1          Italy: UV Curing System Market, by Application

9.1.1.3.2          Italy: UV Curing System Market, by End User

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

9.1.1.4.1          UK: UV Curing System Market, by Application

9.1.1.4.2          UK: UV Curing System Market, by End User

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

9.1.1.5.1          Russia: UV Curing System Market, by Application

9.1.1.5.2          Russia: UV Curing System Market, by End User

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

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

9.1.1.6.2          Rest of Europe: 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      AMS Spectral UV

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      IST METZ GmbH &Co. KG

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

11.8      Jenton Group

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      Hanovia-UV

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          List of Abbreviation


LIST OF FIGURES

Figure 1.           Europe UV Curing System Market Segmentation

Figure 2.           Europe UV Curing System Market Segmentation – By Country

Figure 3.           Europe UV Curing System Market Overview

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

Figure 5.           Germany held the largest share in 2020

Figure 6.           Europe: PEST Analysis

Figure 7.           Europe UV Curing System Market – Ecosystem Analysis

Figure 8.           Expert Opinion

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

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

Figure 11.        Europe 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.        Europe 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.        Europe UV Curing System Market – Geographic Analysis

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

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

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

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

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

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

Figure 28.        Rest of Europe: 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                       
  8. AMS Spectral UV                                      
  9. Jenton Group  
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