Radiation Cured Products Market to Exhibit 7.0% CAGR through 2019 with Infrastructure Boom in Developed Regions

By 2019, the global radiation cured products market will be worth US$ 7,930.1 million, states a recent study by Transparency Market Research. The U.S.-based market intelligence firm projects that the global radiation cured products market, generated revenues of US$4,938.5 million in 2012, will exhibit a 7.0% CAGR from 2013 through 2019. Coatings, adhesives, inks and paints have to often be cured using radiation to ensure that they adhere well to a surface and last long. These radiation cured products are typically used in a variety of end-user industries such as metal, paper, wood, glass, and more. These findings are further analyzed in the report titled ‘Radiation Cured Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019’.

For the purpose of this study, the market has been segmented based on radiation cured product types as: coatings, inks and adhesives. Of these, the largest market share-in terms of both revenues and volume-was held by radiation cured coatings, as of 2012. The next largest product segment was that of radiation cured inks, while radiation cured adhesives took the third spot in the global radiation cured products market. Backward integration prevails to a significant degree in the RCP industry because for the most part, RCP producers are also engaged in ancillary business lines such as the production of RCP feedstock material. This puts companies in the radiation cured products market in an advantageous competitive position because they wield a higher control over the procurement and supply of raw material without having to depending excessively on third parties.

View Exclusive Global Strategic Business Report:

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1805

Further, the report states that the greatest advantage that the global radiation cured products market possesses is that it is a faster curing method, especially as compared to traditionally-used thermal curing processes. The radiation curing process is more compliant to the latest environmental regulations, and has thus been witnessing higher demand over the last few years. The report identifies the other key growth driver for the global radiation cured products market as an augmentation in infrastructure activities in major developing regions of the world.

The need for wood coatings, especially, has risen, thus proving favorable to the overall global radiation cured products market. End-users are also especially attracted to radiation cure (radcure) technology because it ensures optimum material utilization and any waste generate through this process can be disposed of in according to general waste disposal guidelines.

Browse The Full Article Here:

http://www.transparencymarketresearch.com/radiation-cured-products.html

Radiation cured inks have a promising future, the report states. According to TMR analysts, this is because industries are moving toward high-value digital inks and energy cured inks that will offer an impetus to the global market for radcure inks (especially in the printing and packaging industries).However, the global radiation cured products market will have to face headwinds in the form of an escalation in raw material prices. The most vital raw materials in the radiation curing process are monomers and oligomers, which are derived from crude oils. The frequent and sudden fluctuations in the global crude oil prices create a certain degree of instability in this market.

The largest regional markets within the global radiation cured products market, as of 2012, were Asia Pacific and Europe. About 40% of the total demand in the global radiation cured products market came from Asia Pacific in the aforementioned year, making it the leading regional player. This will lead to more investment dollars being pumped into the APAC region over the next few years.

Capacity expansion will be a core competitive strategy for players in the global radiation cured products market. This has been prompted by growth in industries such as wood coatings, textiles, and packaging. The report contains profiles of key market leaders such as Ashland Inc., Bayer MaterialScience, BASF SE, Cytech Industries, DIC Corporation, and others.

Key Product Segments of Radiation Cured Products Market:

Coatings
Inks
Adhesives

Oil and Gas Pipeline Leak Detection Equipment Market Driven by Stringent Government Regulations

Although renewable resources of energy have gained substantial popularity in the recent past, there is no foreseeable limitation to the escalating demand for oil and gas, with the growing population and rapid urbanization. Consequently, the demand in the global market for oil and gas pipeline leak detection equipment is projected for a robust CAGR of 6.8% during the forecast period of 2016 to 2024, according to a recent report by Transparency Market Research (TMR). As per the estimations of the TMR report, the global oil and gas pipeline leak detection equipment market will be worth US$3.65 bn by the end of 2024, significantly up from its evaluated valuation of US$2.02 bn in 2015. Some of the key factors augmenting the demand in the oil and gas pipeline leak detection equipment market are: development and expansion of existing pipelines and construction of new pipelines, increasing incidents of oil and gas leakages in pipeline and storage tanks at production facilities, and

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Market Research Reports

Search This Blog