UV Adhesives Market Size, Share, Opportunities, And Trends By Polymer Type (Epoxy, Acrylic, Others), By Substrate (Glass, Plastic, Metal, Others), By Application (Medical Devices, Structural Bonding, Electronics Assembly, Automotive Components, Others), By Industry Vertical (Automotive, Medical & Healthcare, Building & Construction, Electrical & Electronics, Others), And By Geography - Forecasts From 2025 To 2030

UV Adhesives Market Size:

The UV Adhesives Market is expected to grow from USD 1.560 billion in 2025 to USD 2.266 billion in 2030, at a CAGR of 7.75%.

UV or ultraviolet adhesives are adhesives based on polymers such as acrylic or epoxy which use light or radiation to initiate permanent bonding without heating. Such adhesives provide rapid curing and high-quality bondage with stability owing to which they have major applicability in structural bonding, medical & automotive components assembling, and electronics assembling. Growing construction activities have provided a positive outlook to the UV adhesives market. For instance, according to Eurostat, in February 2022, production in building construction increased by 8.6% in the Euro area. Furthermore, according to US Census Bureau, in June 2022, residential construction increased by 1.4% in comparison to 2021 for the same month. Moreover, the growing number of chronic diseases such as diabetes due to genetic & environmental factors and insulin resistance has increased the usage of medical devices such as syringes, catheters, and medical filters all of which involves the usage of UV adhesive. For instance, as per the International Diabetic Federation (IDF) approximately 61 million adults in the Europe region were having diabetes in 2021. Moreover, according to Diabetes Canada, the number of people having type I, type II diagnosed, and undiagnosed diabetes is expected to reach 7,277,000 in 2023.

UV Adhesives Market Segmentation Analysis:

Based on polymer type, the UV adhesives market is segmented into epoxy, acrylic, and others. The acrylic polymer is projected to hold a decent market share during the forecast period. Acrylic UV adhesive is solvent-free, highly corrosion-resistant, and hardens very quickly when exposed to visible light energy. The thermal and moisture resistant feature of acrylic UV adhesive ensures proper adhesion in shadowed areas owing to which it is used in electrical component bonding such as PCB bonding, and in the bonding of medical devices such as catheter tubing, syringes, and filters and oxygenators. Such advantageous features of UV acrylic adhesives coupled with their growing applicability in the electrical & electronics and medical sector are anticipated to increase its market demand in the future thereby providing a significant boost to the overall market growth of the UV adhesives market during the forecast period.

UV Adhesives Market Driver:

• Bolstering growth in automotive production is creating a surge in the market demand for UV adhesives.

Rich features of UV adhesives such as fast drying, and thermal and corrosion resistance have made it an efficient raw material to be used during large-volume manufacturing and assembling of automobiles. Technological adoption and growing trade shows have increased the demand for new automotives globally, thereby increasing the scale of automotive production. According to the European Automobile Manufacturer Association’s data, in 2021, global automotive production showed an increase of 1.3% in comparison to 2020, and as per the same data, automotive production at regional levels such as in South America increased by 15.6% whereas, in Middle & Africa, it saw a 10% increase. Such an increase in the productivity of the automotive sector has accelerated the UV adhesive’s demand in the sector for components bonding and assembling applications, thereby augmenting the overall market growth during the forecast period.

Segmentation

• By Polymer Type
  • Epoxy
  • Acrylic
  • Others
• By Substrate
  • Glass
  • Plastic
  • Metal
  • Others
• By Application
  • Medical Devices
  • Structural Bonding
  • Electronics Assembly
  • Automotive Components
  • Others
• By Industry Vertical
  • Automotive
  • Medical & Healthcare
  • Building & Construction
  • Electrical & Electronics
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • United Arab Emirates
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
    • Thailand
    • Taiwan
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. UV ADHESIVES MARKET, BY POLYMER TYPE

5.1. Introduction

5.2. Epoxy

5.3. Acrylic

5.4. Others

 

6. UV ADHESIVES MARKET, BY SUBSTRATE

6.1. Introduction

6.2. Glass

6.3. Plastic

6.4. Metal

6.5. Others

 

7. UV ADHESIVES MARKET, BY APPLICATION

7.1. Introduction

7.2. Medical Devices

7.3. Structural Bonding

7.4. Electronics Assembly

7.5. Automotive Components

7.6. Others

 

8. UV ADHESIVES MARKET, BY INDUSTRY VERTICAL

8.1. Introduction

8.2. Automotive

8.3. Medical & Healthcare

8.4. Building & Construction

8.5. Electrical & Electronics

8.6. Others

 

9. UV ADHESIVES MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. Germany

9.4.2. France

9.4.3. United Kingdom

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. Israel

9.5.3. United Arab Emirates

9.5.4. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. South Korea

9.6.4. India

9.6.5. Australia

9.6.6. Indonesia

9.6.7. Thailand

9.6.8. Taiwan

9.6.9. Others

 

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

 

11. COMPANY PROFILES

11.1. Henkel Corporation

11.2. Ashland Inc.

11.3. 3M

11.4. Vitrochem Technologies

11.5. Epoxy Technologies Inc.

11.6. DELO

11.7. Excelitas Technologies Corp.

11.8. Permabond LLC.

11.9. Fasto Advance Adhesives Technologies

11.10. MasterBond

Henkel Corporation

Ashland Inc.

3M

Vitrochem Technologies

Epoxy Technologies Inc.

DELO

Excelitas Technologies Corp.

Permabond LLC.

Fasto Advance Adhesives Technologies

 

MasterBond