In late 1960s, UV glue was invented, but surprisingly it took 50 years for manufacturers to unravel the UV glue potential. Back in the days, consumers were aware about limited applications of UV glue such as, using UV glue on glass, plastic and other materials. At that time, UV glue was primarily used for residential purpose. With the development in technology, several industries including medical and automotive, understood the benefit of UV glue over the time. In past few years, the UV glue sales boosted, owing to its properties like formation of strong bond when exposed to UV rays, thereby named likewise.
The new report by “Fact.MR, A Market Research and Competitive Intelligence Provider” tracks UV Glue Demand and Sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The report examines the UV Glue market key trends, growth opportunities and UV Glue market size and share.
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By Product Technology
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Key questions answered in UV Glue Market Survey Report :
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Essential Takeaways from the Market Report
Europe Demand Outlook for UV Glue
Similar to their North American counterpart, the demand of UV glue has been increasing at a rapid pace in European countries, owing to growth in automotive industry. Some of the European countries including Germany, U.K, Italy, and Spain are witnessing significant growth in the UV glue sales due to well established automotive manufacturers. Similarly, the European UV glue demand is growing due to constant investment in R&D in automotive sector. For instance, according to European Automobile Manufacturers Association, EU automotive investment in R&D has increased by 6.1% to reach US $72 billion annually. This has positively influenced the Europe UV glue demand.
The Report Covers Exhaustive Analysis On:
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