UV Curing Systems Market Research Report and Forecast up to 2025 UV Curing Systems Market | Page 2

UV curing systems also finds its application across various end user segments
including automotive, electronics, telecommunication, graphic arts and others.
Geographically, the global UV curing systems market has been further divided into
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America is expected to hold the largest share of the UV curing systems
market among the different regions in 2016. The UV curing systems market of North
America is majorly driven by the U.S owing to increasing demand for electric
vehicle. Tesla, one of the major car electric manufacturer sells nearly 6,500 electric
car every month in U.S. Government is also encouraging sale of electric car by
giving discounts and providing incentives due to the decreasing oil resources and
increasing demand for petrol. On the flip side, the Asia Pacific UV curing systems
market is expected to witness the highest growth rate during the forecast period.
UV curing system is widely used in Indonesia and are mostly in the wood based
industry such as coating of parquet, table top fancy plywood and others.
Some of the key vendors operating in the global UV curing systems market includes
BASF SE (Germany), DSM AGI Corporation (Taipei), Nippon Gohsei ( Japan), Wanhua
Chemical Group Co. Ltd.( China), Toagosei Co. Ltd (Japan), Jiangsu Sanmu Group
Corporation (China) and many more
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projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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