Global Radiation Cured Products Industry

Global Radiation Cured Products Industry

  • September 2020 •
  • 740 pages •
  • Report ID: 5112911 •
  • Format: PDF
The global market for Radiation cured products is projected to reach 717 thousand metric tons by 2024, valued at US$7.3 billion, driven by growing awareness over the numerous environmental and performance benefits offered by radiation curing. Also driving growth in the market are innovations in radiation curable chemistries and stringent environment safety norms that encourage environmentally-responsible curing of resins, inks, coatings and adhesives. The adoption of radcure technology in a broad range of applications is attributed to several advantages, such as quicker curing and processing time, lower VOC emissions, improved physical characteristics and cost-effectiveness. Construction, furniture, medical, and automotive industries, represent attractive end-use markets for radcure technology. Europe represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market led by strong Chinese demand for ultraviolet and electron beam curing technologies, which are rapidly replacing traditional methods in several applications such as wood coatings, industrial coatings, and electronics coatings.