Global Ultraviolet (UV) Curing System Market is segmented By Technology (Mercury Lamps, UV LEDs), By Type (Spot Cure, Flood Cure and Focused Beam, Conveyor), By Pressure (High, Medium, Low), By Application (Printing, Bonding and Assembling, Coating and Finishing, Others), By Vertical (Life Science and Medical, Consumer Electronics, Industrial and Machinery, Semiconductor, Automotive, Marine, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023 - 2030
Ultraviolet (UV) Curing System Market Size
Global Ultraviolet (UV) Curing System Market reached USD 3.92 billion in 2022 and is expected to reach USD 9.11 billion by 2030, growing with a CAGR of 10.1% during the forecast period 2023-2030. The ability to generate a range of UV bandwidths for deep-level curing, being able to cure diverse substrates and other benefits are provided by continuous technological advancements.
As a result, the product's acceptance across a wide range of sectors is supporting global market growth. In 2022, the printing application is estimated to account for almost 1/4th of the global ultraviolet (UV) curing system market. UV curing is suitable for a wide range of substrates, including paper, plastics, glass, metal and others. UV-cured inks and varnishes produce vivid colors, sharp pictures and improved print quality. The method enables for precise print deposition and prevents ink from spreading or absorption into materials.
Ultraviolet (UV) Curing System Market Scope
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Metrics |
Details |
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CAGR |
10.1% |
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Size Available for Years |
2021-2030 |
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Forecast Period |
2023-2030 |
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Data Availability |
Value (US$) |
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Segments Covered |
Technology, Type, Pressure, Application, Vertical and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
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Fastest Growing Region |
Asia-Pacific |
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Largest Region |
North America |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Ultraviolet (UV) Curing System Market Dynamics
The Rising Demand for UV Curing Systems in Bonding and Assembling
UV curing systems are in high demand in a variety of industries, including automotive, battery, coatings & finishing, conversion, electronics & printed electronics, energy generation and medical. UV curing adhesives start curing and produce a lasting bond without the use of heat or other radiation sources.
UV adhesives' ability to cure rapidly without heat saves energy and increases productivity. The removal of the capital costs and manufacturing floor space required for the costly ovens required for thermally curing adhesives results in energy savings. Furthermore, UV bonding adhesives are an excellent alternative for combining incompatible materials such as plastics, metals and glass.
UV Curing Systems’ Advantages over Traditional Systems
Ultraviolet curing is a photochemical method that uses high-intensity ultraviolet light to cure or "dry" inks, coatings or adhesives. UV formulations are liquid monomers and oligomers which have been tested with UV light after being combined with a small amount of photoinitiators.
In a matter of seconds, the formulation – inks, coatings or adhesives – "hardens" or cures, making it ready for the next processing step. UV-curable inks and coatings were initially employed to replace solvent-based products. Conventional heat- and air-drying relies on solvent evaporation, reduces the initial coating application by more than 50% and emits pollutants into the environment.
In 2021, Maruti Printing was the first printer in India to employ AMS Spectral UV, a Baldwin Technology Company, for LED-UV curing. The hybrid system has been manufacturing for nearly two years and has considerably improved the offset printer's capabilities for its customers, including the capacity to print on all types of plastic substrates.
Limited Knowledge About Depth of Curing
The global ultraviolet (UV) curing system market is expected to be hampered by a restricted depth of cure. Due to oxygen inhibition, UV curing technology is limited to opaque parts and leaves adhesives on the surfaces. Free radicals can react with oxygen before commencing polymerization while curing in the presence of air, resulting in partial curing and a sticky surface. UV curing methods also suffer from significant shrinkage, making it difficult to treat deep parts.
A second cure operation in an extremely hot-curing oven is possible to eliminate shadows. However, many electronic component assemblies cannot be subjected to secondary curing, particularly in industries such as automotive, agricultural, consumer electronics and construction. The secondary operation causes the assembly process to slow down and requires more energy than typical curing methods.
Ultraviolet (UV) Curing System Market Segment Analysis
The global ultraviolet (UV) curing system market is segmented based on technology, type, pressure, application, vertical and region.
The Rising Application of UV Adhesives in Life Science and Medical Vertical
During the forecast period, life science and medical segment is expected to hold around 1/4th of the global ultraviolet (UV) curing system market. Over the forecast period, the medical sector market is expected to develop at the fastest CAGR. The ultraviolet curing system is an eco-friendly and energy-efficient technology that has made significant contributions to the medical device sector.
UV-cured adhesives are often used in the bonding, sealing, coating and repair of a wide range of devices, including catheters, anesthesia masks, reservoirs, blood oxygenators, medical filters, connectors, sensing devices and many others. Aside from that, a UV curing system can be used to assemble medical electronics.
For instance, Dymax launched a new adhesive in its MD line of light-curable polymers for medical device assembly in 2023. The glass, stainless steel, ABS and PC substrates used to manufacture prefilled syringes, single-use devices and auto, pen and wearable injectors are all bonded with the 1045-M adhesive.
Ultraviolet (UV) Curing System Market Geographical Share
The Extensive Usage of UV Curing in Various Industries in North America
North America ultraviolet (UV) curing system market is expected to hold more than 1/3rd of the global market share during the forecast period 2023-2030. UV curing is widely utilized in a variety of industries, including printing (packaging, labels and commercial printing), electronics (circuit board fabrication), automotive (coatings, adhesives) and medical devices.
North America's diverse industrial landscape has aided the growth of the UV curing system market. As a result, the growing acceptance of UV curing systems across a wide range of industries, combined with expanding market strategies by enterprises, is driving market growth in North America.
For example, Henkel will open a new facility in Salisbury, North Carolina in 2020. The expansion of Henkel's existing site adds a new 10,000-square-foot state-of-the-art manufacturing facility for UV-curable acrylic pressure sensitive adhesives (PSA) and broadens the capabilities to provide more sustainable and innovative PSA solutions for label, tapes, medical and graphics films markets in order to meet rising demand.
Ultraviolet (UV) Curing System Market Companies
The major global players include American Ultraviolet, APL Machinery Pvt. Ltd., Baldwin Technology, Dymax, Excelitas Technologies, IST Metz, Jenton International, Kyocera Corporation, Omron Corporation and Panasonic.
COVID-19 Impact Analysis
The introduction of the COVID-19 shows a slowdown in the growth of the UV curing system market due to a reduction in manufacturing operations. According to the UN Conference on Trade and Development (UNCTAD), the pandemic reduces FDI by 5% to fifteen, leading to a breakdown in the industrial sector due to factory shutdowns. As a result, the COVID-19 is likely to have a negative impact on FDI investments in the automotive and energy sectors, among others, due to a shortage of raw material availability.
Supply chain disruption, lockdown measures and reduced consumer and corporate expenditure all hamper industrial development. However, the need for the technology is expected to rebound with strong demand due to its safety, fast curing applications in medical and industrial equipment and eco-friendly nature, which will play an important role in the industry's growth in the next years.
Russia- Ukraine War Impact
Russia-Ukraine conflict interrupts supply routes between Russia and other countries, affecting the availability of UV curing system components and materials. It resulted in shortages, increased expenses and production delays. Geopolitical conflicts frequently produce economic uncertainty, which can influence corporate investment decisions.
Companies postponed and reduced their investments in UV curing technologies due to market instability. Trade interruptions may result in restrictions on exports and imports, restricting the cross-border movement of UV curing systems and related components. It could have an impact on businesses' ability to obtain critical equipment and technologies.
By Technology
- Mercury Lamps
- UV LEDs
By Type
- Spot Cure
- Flood Cure and Focused Beam
- Conveyor
By Pressure
- High
- Medium
- Low
By Application
- Printing
- Bonding and Assembling
- Coating and Finishing
- Others
By Vertical
- Life Science and Medical
- Consumer Electronics
- Industrial and Machinery
- Semiconductor
- Automotive
- Marine
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In February 2023, Phoseon Technology, Inc, Hillsboro or, USA, was acquired by Excelitas Technologies Corp., a leading industrial technology firm. Phoseon is a well-known innovator in the design and manufacture of high-quality LED-based industrial curing and research illumination solutions. The acquisition will allow the company to expand its reach and offer a wider range of UV LED solutions.
- In October 2022, Baldwin's AMS Spectral UV subsidiary, a leading developer of LED and UV curing technology, displayed its range of LED-UV retrofits for the sheetfed and web offset markets at PRINTING United 2022, held at the Las Vegas Convention Center.
- In June 2022, Dymax, a leading developer of rapid curing materials and equipment, announced the addition of Quantum Systems to its increasing roster of business partners. Quantum will promote and assist the sales of Dymax light-curing products to the medical, electronics, automotive, aerospace and defense businesses throughout the region via offices in Arizona, Sonora and Baja, Mexico.
Why Purchase the Report?
- To visualize the global ultraviolet (UV) curing system market segmentation based on technology type, pressure, application, vertical and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of ultraviolet (UV) curing system market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global ultraviolet (UV) curing system market report would provide approximately 77 tables, 81 figures and 206 pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
