Global Radiation Cured Products Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

Global Radiation Cured Products Market Overview

"The Radiation Cured Products Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."

This report is based on the synthesis, analysis, and interpretation of various sources of information gathered regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Radiation cured products are produced by radiation curing process that can be changed to fit in a wide range of end-use applications. Radiation cured products are used in inks, coatings, and adhesives applications. These inks, coatings, and adhesives find further end-use applications in industries such as paper, glass, wood, and metal. Radiation curable formulations, used in electronics, coatings, adhesives, and inks are cross-linked with the high-intensity electron beam or ultraviolet light energy sources.

Increasing demand for radiation cured products owing to its functionality and superior properties as compared to other traditional products is a major factor driving the global radiation cured products market growth over the forecast period. Favorable government regulations owing to environmental benefits such as lower energy consumption are projected to drive the global radiation cured products substantially.

However, fluctuating raw-material prices in developed and developing economics is a major factor expected to hamper growth of the global radiation cured products market to a certain extent.

Target audience for the global radiation cured products market include industry associations, radiation cured products producers, radiation cured products traders, radiation cured products suppliers, and radiation cured products distributors, government and research organizations, industrial, association bodies, raw material suppliers, radiation cured products distributors, and others.

Asia Pacific radiation cured products market is estimated to account for largest share in terms of revenue in 2017, and is projected to maintain its dominance over the forecast period, owing to rising demand for radiation cured products from various sectors such as wood coatings, food packaging, automotive, and electronics market in this region. Asia Pacific radiation cured products market is also anticipated to register fastest growth in terms of revenue in next ten years.

Global Radiation Cured Products Market Segmentation:

Segmentation by raw material:

• Oligomers
• Additives
• Monomers
• Photoinitiators

Segmentation by type:

• Ultraviolet Curing
• Electron Beam Curing

Segmentation by application:

• Metal
• Plastic
• Wood
• Paper
• Glass

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa