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Silicone-based UV adhesives market is predicted to record revenue of over USD 320 million by 2032. These adhesives possess several supreme properties, such as their ability to produce bonds that can withstand high temperatures, remain flexible after curing, and offer strong resistance against water and chemicals.
UV-cured silicone adhesives can decrease reliance on additional heating sources by using UV lamps, preventing excessive heat generation. They also comprise excellent electrical properties and can be formulated to be insulative with high dielectric strength. Silicon-based UV adhesives can also be formulated to become electrically conductive, showcasing their flexibility and consequently bolstering product consumption.
UV adhesives market from the cosmetics end-use segment is set to observe more than 8% CAGR through 2032. The cosmetics sector is expanding at a considerable rate amid the rapid shift in preference toward high-end cosmetic products, especially among younger populations.
UV adhesive products that have acrylic and cyanoacrylate formulations are utilized on a large scale in different cosmetics and beauty items including eyeliner pencils, decorative glassware, and gel nail polishes. UV adhesives offer several benefits when used in cosmetic products, including strong bonding, quick curing time, reduced chemical exposure, improved appearance, and water resistance. This in turn is promoting product consumption within the industry.
North America UV adhesives market is anticipated to reach USD 388.5 million by 2032. UV adhesives are also used for the assembly of complex medical instruments and devices, such as disposable needles & syringes, facemasks, tube sets, catheters, reservoirs & housings, oxygenators, respiratory machines, and others. The demand for medical devices in the United States has been consistently high in recent years, with the market projected to continue growing. The COVID-19 pandemic has also contributed to an increase in demand for medical devices as healthcare providers have needed to expand their capacity and capabilities to treat patients. Factors such as these may create a favorable environment for regional market expansion.