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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