North America 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: TIPRE00029262 | Pages: 103 | Industry: Electronics and Semiconductor | Date: May 2022
Covid

The UV curing system market in North America is expected to grow from US$ 644.57 million in 2021 to US$ 1,200.84 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

 

Conventional coating processes are subjected to various government regulations. This is because many of these coating applications have health and safety risks. Exposure to them causes several health problems in the workers in the paint industry, such as headaches, low quality of sleep, muscle weakness, and memory issues. Also, the anti-corrosion paint and coatings consist of VOCs. The high pressure of the coatings allows the molecules to evaporate in the air, thereby leaving the workers in close proximity, leading to diseases such as cancer and other severe health problems. Hence, the governments have put stringent regulations on these types of coatings. However, as UV curing coatings do not have these drawbacks, the strict government regulations are strongly supporting the growth of the UV curing system market for coating & finishing applications. Many adhesives used for the bonding & assembling process in the industrial segment release VOCs. Several government bodies across the region have put regulations on the emission of VOC content. For instance, the United States Environmental Protection Agency (EPA) has approved the Clean Air Act section 183(e), which restricts the use of products that release more than 80% of the VOC emission. Such stringent regulations by the government bodies have influenced the demand for UV curing coating over traditional coating solutions, which is driving the market.

 

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

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

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North America UV Curing System Market Segmentation

 

The North America 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 North 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 North America UV curing system market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share; and Canada is expected to grow at the fastest CAGR during the forecast period.

 

American Ultraviolet, 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 North America 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.           North America UV Curing System Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America UV Curing System Market – Key Market Dynamics

5.1         Market Drivers

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

5.1.2        Strict Government Regulations for Conventional Coating Process

5.2         Market Restraints

5.2.1        Restricted Depth of Curing

5.3         Market Opportunities

5.3.1        Growing Investment in Strategic Developments by Major Players

5.4         Future Trends

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

5.5         Impact Analysis of Drivers and Restraints

6.           North America UV Curing System Market Analysis

6.1         North America UV Curing System Market Overview

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

7.           North America UV Curing System Market Analysis – by Application

7.1         Overview

7.2         North America 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.           North America UV Curing System Market Analysis – by End User

8.1         Overview

8.2         North America 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.           North America UV Curing System Market – Country Analysis

9.1         Overview

9.1.1        North America: UV Curing System Market, by Key Country

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

9.1.1.1.1          US: UV Curing System Market, by Application

9.1.1.1.2          US: UV Curing System Market, by End User

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

9.1.1.2.1          Canada: UV Curing System Market, by Application

9.1.1.2.2          Canada: UV Curing System Market, by End User

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

9.1.1.3.1          Mexico: UV Curing System Market, by Application

9.1.1.3.2          Mexico: 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      American Ultraviolet

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.             North America UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

Table 8.             List of Abbreviation


LIST OF FIGURES

Figure 1.           North America UV Curing System Market Segmentation

Figure 2.           North America UV Curing System Market Segmentation – By Country

Figure 3.           North America UV Curing System Market Overview

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

Figure 5.           The US held the largest share in 2020

Figure 6.           North America: PEST Analysis

Figure 7.           Europe UV Curing System Market – Ecosystem Analysis

Figure 8.           Expert Opinion

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

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

Figure 11.        North America 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.        North America 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.        North America UV Curing System Market – Geographic Analysis

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

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

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

Figure 25.        Mexico: 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. American Ultraviolet                 
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