The ultraviolet (UV) curing system market is experiencing growth, as per the report by market research company P&S Intelligence. The
industry growth is due to the thriving demand for automobiles, healthcare devices, and consumer electronics.
The increasing acceptance of UV curing systems in furniture production units is observed as a market trend in the current scenario. Such systems are extensively utilized for the purpose of curing the coatings on numerous substrates, including wood, for high-standard finishing and fast drying, leading to better productivity.
Additionally, UV-cured coatings provide protection to substrates from external agents, including, accidental chemical spills, moisture, and corrosion. credited to such belongings, these systems are progressively accepted in manufacturing plants.
The extensive use of UV curing for packaging is one of the major drivers of the industry growth. Such systems are being installed in the food and beverage industry due to they are best for coating, printing, and adhesive applications, wherein product quality and safety are not compromised.
Key market players are, thus, concentrating on UV curing systems for the packaging of food because of the increasing consumption of processed food and beverages.
On the basis of segment type, the conveyor category generated the major revenue share in the past. Conveyor curing offers even ink curing due to the steady speed of the conveyor guarantees that every element is cured for the same period. This surges the quantity and simplifies the process of mass production.
The conventional UV category had the largest share in the past in the industry. Conventional UV systems can treat numerous kinds of substrates and provide different UV bandwidths for deeper-level curing. Because of such factors, the wide adoption of this technology in the food & beverage industry is increasing rapidly for packaging.
On the basis of the pressure segment, the medium category had the major share. Such systems are generally used for adhesion/bonding, glass decoration, varnishing, and printed circuit board curing.
The APAC region had a significant revenue share in the ultraviolet curing system market in the recent past. This can be credited to the substantial growth in the electronics and automotive sector and considerable demand for UV curing systems for wood, plastic, and metal finishing applications.
In addition, the growing demand for consumer electronics, such as PCBs, mainly because of the growing per-capita income of the people in the countries like Thailand, Vietnam, India, and Indonesia, is boosting the growth of the industry.
Hence, the increasing acceptance of UV curing systems in furniture production, and the growing per-capita income of people in numerous countries, will contribute to the growth of the industry in the years to come.
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