Ultra Violet (UV) adhesives are adhesives which cure (i.e. toughen or harden by crosslinking) on exposure to UV light. It is a photochemical reaction that eliminates the need for heat or solvents for curing. This method offers various advantages over conventional curing methods such as rapid cure speed and easy application. Enhanced physical properties such as high bond strength, abrasion resistance, and chemical resistance offer better product performance than alternatives.
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On the basis of geography, Asia Pacific is the significant growing market due to brisk growth in the medical and electronics industries. This is driven by emergence of this region as a manufacturing hub due to cheap raw material and low labor costs. Various government initiations such as ‘Digital India’ and ‘Make in India’ program will support various electronic industries to setup their plants in India.
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Some of the key players in UV Adhesives Market include The Dow Chemical Company, Cartell (UK) Ltd, Ashland, Inc., Sika AG, 3M Company, Henkel AG & Co. KGaA, DELO Industrial Adhesives, Dymax Corporation, H.B. Fuller Company, Permabond LLC, Loxeal S.r.l, Beacon Adhesives, Inc., BASF SE, Bostik, Epoxy Technology, Inc, Panacol-Elosol GmbH, and Excelitas Technologies Corp.
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