The report "UV Adhesives Market by Resin Type (Acrylic, Cyanoacrylate, Epoxy, Silicone, Polyurethane), Application (Medical, Electronics, Glass Bonding, Packaging, Transportation, Industrial Assembly) and Region - Global Forecast to 2021", The UV adhesives market is projected to reach USD 1,222.5 Million by 2021, at a CAGR of 9.15% between 2016 and 2021. The growth of the UV adhesives market is expected to be fueled by the rising demand from end-use industries due to rapid industrialization and expansion of installed capacities.
Asia-Pacific is expected to witness the highest growth in the UV adhesives market. The increase in demand from domestic and international markets and increase in the use of UV adhesives across medical, glass bonding, and electronics applications is expected to drive the growth of the Asia-Pacific UV adhesives market in the coming years. Countries such as China, South Korea, and Taiwan, which are major hubs for the production of electronic components are expected to drive the growth of the market in Asia-Pacific.
Key players operational in the UV adhesives market are Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), Ashland Inc. (U.S.), Dymax Corporation (U.S.), The 3M Company (U.S.), and Permabond Engineering Adhesives (U.K.).
