Global UV Curing System Market Share Expected to Reach USD 16.45 Billion by 2030
According to recent research study published by Polaris Market Research, the global UV curing system market size and share is expected to register a CAGR of 18.9% growth and industry revenue is expected to increase from USD 3.63 Billion in 2021 to reach USD 16.45 Billion by 2030.
The increasing demand for UV LED-based curing on top of conventional curing techniques is driving the growth of the UV curing system market. The UV LED-based curing system offers more features such as adhesion, elasticity, durability, chemical resistance, and better abrasion resistance than other curing systems.
Due to these properties, this system gaining acceptance in some developing countries, and these factors is expected to boost the demand for UV Curing Systems.
Also, growing stringent guidelines about the employment of green products and rising preference for eco-friendly products are also accelerating the growth of the market.
The growing expansion of this technology in countries such as India, Japan, China, and other emerging economies is also bolstering the market growth in the approaching years.
The increasing demand for UV LED-based curing on top of conventional curing techniques is driving the growth of the UV curing system market. The UV LED-based curing system offers more features such as adhesion, elasticity, durability, chemical resistance, and better abrasion resistance than other curing systems.
Due to these properties, this system gaining acceptance in some developing countries, and these factors is expected to boost the demand for UV Curing Systems.
Also, growing stringent guidelines about the employment of green products and rising preference for eco-friendly products are also accelerating the growth of the market.
The growing expansion of this technology in countries such as India, Japan, China, and other emerging economies is also bolstering the market growth in the approaching years.
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