Adhesive is a material used to bind two surfaces of same or different type. It is made by primarily combining mixture of a base material with other key additives such as pigments, plasticizers and stabilizers. The use of light-curing adhesive is a constituent adhesive for remedial providing high bond strength to plastics and the other surfaces such as acrylic, PVC, phenolic, polycarbonate, metal, ceramic and glass. Light curable adhesives exhibit a high thermal stability, water resistance, and the chemical resistance which is tremendous for the surface cure. They are intended to deal for rapid and safe cure to material when exposed to light or UV light at room temperature.
The single and multiple component adhesives can improvise the productivity and availability over wide range of the elasticity, ability to form bond with various materials such as ceramics, glass, plastics and metals or with the different product and properties. The light curing adhesives are unaffected to moisture and tack, solvent free, safe to use and have lower handling cost associated to it. It is widely used as bonding material different applications such as glass, automotive, optical components, consumer electronics, photovoltaic, industrial uses, displays, and medical equipment. It is one of the fast curing substance, which increase the productivity associated to material and its working life. A small amount of adhesive is able to have high bonding strength and it can cure quickly over the room temperature.
According to study, “Global Light Curable Adhesives Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global light curable adhesives market are DELO Adhesives, 3M Company, Henkel Corporation, Master Bond Inc., INTERTRONICS, TOAGOSEI CO., LTD., Dymax Corporation, Bostik USA and DuPont, Presco.
Based on type, light curable adhesives market is segmented into acrylic series, anaerobic series, silicone-gel series and others. In addition, based on application, market is segmented into aerospace, metal finishing, power generation, medical devices and electronics.
The light curable adhesives market is driven by growth in manufacturing industries, followed by rise in product application, increase in demand for vehicles coupled with automobile production, low cost labor and rise in foreign investments. Additionally, the increase in usage of products associated to electronics devices, glass bonding, medical devices, etc. However, low shock resistance, significant cost, poor resistance to heat & water may impact the market. Moreover, increase in manufacturing of more advanced light curing adhesives for instance those resistant to Ultra Violet (UV) light is a key opportunity for market.
Based on geography, the Asian-Pacific region holds major share in light curable adhesives market owing to growth of electronic industries in the region. Whereas, the North-American and European regions are projected to witness higher growth rate due to rise in advancements in technology over the forecast period. In upcoming years, it is expected that the market will be reached at rapid pace caused by growth in aerospace industry and increase in use of electronics devices, medical devices and glass bonding during the forecast period.
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Ankur Gupta, Head Marketing & Communications