The UV adhesives market is expected to reach $1.2 billion by 2021, at a compound annual growth rate (CAGR) of 9.15% between 2016 and 2021, according to a recent report from Research and Markets.
The rising use of UV adhesives in the medical, glass bonding, and electronics industry, along with high growth in emerging countries, is expected to fuel the growth of the UV adhesives market. However, the high cost of UV technology as compared to other conventional adhesives may restrain the growth of the market in the coming years.
