Reset
Page 1 of 1 Pages
Posts Per Page
stevestark002 commented 8 months ago
#3287

The UV curing system market is competitive with the presence of big and small players. The market is mainly dominated by companies in North America, followed by those in Europe and Asia Pacific. While major companies dominate the market through their brand image, small players offer innovative and low-cost UV curing systems in the market. As of 2017, the overall UV curing system market was dominated by key players such as Dymax (US), Nordson (US), Baldwin Technology (US), Heraeus (Germany), Phoseon (US), Honle (Germany), Panasonic Corporation of North America (US), Delo (Germany), IST METZ (US), and American Ultraviolet (US).

These top players have strong presence in the UV curing system market, along with strong R&D facilities and presence in both mature and emerging markets. The UV curing system market was valued at USD 2.74 billion in 2017 and is expected to reach USD 5.45 billion by 2023, at a CAGR of 10.66% between 2018 and 2023.  Environmental awareness and stringent regulations driving the demand for green products, and high speed and performance compared to traditional curing systems are the major drivers for the UV curing system market.

Product launches and developments were the key strategies adopted by players to achieve growth and stay competitive in the UV curing system market. These strategies collectively accounted for 64% of all the growth strategies adopted by players in this market to expand their product portfolio, increase sales and distribution networks, and strengthen their share and position in the overall UV curing system market. Besides product launches and developments, companies adopted the strategies of partnerships, acquisition, and expansion.  Environmental protection agencies and governmental health and safety authorities are working continuously to protect environment and health nationally and internationally. UV curing system is environment-friendly and cost-effective, which is beneficial not only in curing process but also throughout the lifecycle of the product. Government officials across the globe are adopting UV curing technologies to reduce cost.

Baldwin Technology (US) held the leading position in the overall UV curing system market in 2017. Baldwin Technology is a key manufacturer and supplier of process-automation equipment and associated consumables for applications such as printing, packaging, and industrial, which includes technical textiles, chip and fiberboards, and film extrusion. The company is pushing its efforts to be line with the latest market trends by launching new innovative products. The company focuses mainly on expanding its product portfolio, owing to which it has launched a series of products in the UV curing system market.

https://www.marketsandmarkets.com/Market-Reports/uv-curing-system-market-201220731.html

Nordson (US) is one of the key players in the overall UV curing system market. The company offers UV curing systems such as cool wave 2 410 system, cool wave 2 610 system, cool wave 306 system, and bluecure UV LED curing lamp. The company also offers products and systems used for applications such as dispensing; applying and controlling adhesives; industrial coatings; sealants; paints; polymers; and biomaterials. Nordson focuses on developing innovative products that cater to the needs of consumers in different countries. Product launches are likely to help the company retain its leading position in the UV curing system market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

newsletter@marketsandmarkets.com


Information!  Use the form below to reply to this forum thread or, to reply to an individual post, use the "Quote" button on the relevant post.