Businesses in the UV curing industry may be interested in the recent market forecast from The Insight Partners.
The UV curing market was valued at US$2,817.2 million in 2021, according to industry researchers, The Insight Partners. Their latest study, “UV Curing System Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Application and End User,” estimated a compound annual growth rate of 9.0% from 2021 to 2028.
COVID Impact on Market Growth
The UV curing system market was adversely affected by the pandemic, which disrupted industries such as automotive, manufacturing and consumer electronics. However, the impact of the pandemic was reduced when production resumed.
|Market Size Value in||US$ 2,817.2 million in 2021|
|Market Size Value by||US$ 5,153.2 million by 2028|
|Growth rate||CAGR of 9.0% from 2021 to 2028.|
|Forecast Period||2021- 2028|
|Segments covered||Application and End User|
|Regional scope||North America; Europe; Asia Pacific; Latin America; MEA|
The full report is available from The Insight Partners website.
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