Transparency
Market Research Reports included a detailed market survey and analysis trends
on “Radiation Cured Adhesives Market”.
This report also includes more info about basic overview of the industry
including definitions, applications and global market industry structure.
Radiation cured
adhesives are manufactured by the process of radiation curing that uses UV
light or electrons to induce polymerization. This process of curing requires
less time as compared to heat cured adhesives and thus reduces the overall
production cost. Radiation cure adhesives offer high transparency, adhesion and
flexibility in designing products. Major applications of radiation cured
adhesives include dental fillings, laminating adhesives, pressure sensitive
decals & labels, potting, construction, interiors, wood & furniture
among others. The radiation curing process does not use solvents in the curing
process that makes it an environment compliant technology. Various advantages
of this technology are low energy consumption, instant curing, reduction in
waste, higher productivity and no release of volatile organic compounds. Due to
rising environmental issues, the companies in adhesives market are focusing on
providing sustainable solutions that include radiation cured adhesives.
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Full Report with TOC: http://www.transparencymarketresearch.com/radiation-cured-adhesives.html
Rising demand from
building & construction industry is expected to drive the radiation cured
adhesives market. Growing population and increasing construction activities in
developing countries is driving the building & construction industry. In addition,
growing investments to improve existing infrastructure and to develop new
infrastructure is driving the building & construction industry. Further,
stringent environmental regulations encouraging the use of environment-friendly
technologies are expected to fuel the market growth. Improving existing
infrastructure facilities coupled with government regulations that compel to
build energy efficient infrastructure in developed countries is further
boosting the market growth. Radiation curing process does not include any
solvents and releases no volatile organic compounds that make it an
environment-friendly product.
However, rising raw material prices and occupational hazards may hamper the market growth. Working conditions are highly stringent as it involves radiation which may have adverse effects on human health. In addition, price of the end product is high as compared to head cured products which may inhibit the market growth. Development of bio-based material and new applications areas such as medical components assembly is expected to provide immense opportunities for the players in radiation cured adhesives market in the near future. Bio based materials include naturally occurring polymers and processing of biological material to manufacture end product. Medical packaging, DVD lamination and food packaging are some of the upcoming applications.
Asia Pacific was the largest consumer of radiation cured adhesives followed by Europe. Growing construction activities and use of wood for various applications is expected to drive the market in this region. Companies are focusing on emerging economies such as China and India for setting up production facilities due to high demand,cheap labor and availability of raw materials. The companies from developed countries are shifting their manufacturing plants to China owing to low production cost and growing market. Japan had second largest market share in Asia Pacific region due to demand from packaging and electronics industry. Environment related regulations in Europe is expected to fuel the market for radiation cured adhesives due to energy efficient manufacturing process and less environmental impact. The demand for radiation cured adhesives is expected to growat a substantial rate in North America owing to energy efficient infrastructure building & construction activities and growing food packaging industry.
Some of the key players in this market include Bayer Material Science AG, Dexerials Corporation, Cytec Industries, BASAF SE, Ashland Inc., Flint Group, Lord Corporation, Evonik Industries, Fujifilm Sericol U.S.A. Inc., DIC Corporation, Dymax Corporation, PPG industries, Royal Adhesives & Sealants, and Royal DSM N.V. Vorporation among others.
However, rising raw material prices and occupational hazards may hamper the market growth. Working conditions are highly stringent as it involves radiation which may have adverse effects on human health. In addition, price of the end product is high as compared to head cured products which may inhibit the market growth. Development of bio-based material and new applications areas such as medical components assembly is expected to provide immense opportunities for the players in radiation cured adhesives market in the near future. Bio based materials include naturally occurring polymers and processing of biological material to manufacture end product. Medical packaging, DVD lamination and food packaging are some of the upcoming applications.
Asia Pacific was the largest consumer of radiation cured adhesives followed by Europe. Growing construction activities and use of wood for various applications is expected to drive the market in this region. Companies are focusing on emerging economies such as China and India for setting up production facilities due to high demand,cheap labor and availability of raw materials. The companies from developed countries are shifting their manufacturing plants to China owing to low production cost and growing market. Japan had second largest market share in Asia Pacific region due to demand from packaging and electronics industry. Environment related regulations in Europe is expected to fuel the market for radiation cured adhesives due to energy efficient manufacturing process and less environmental impact. The demand for radiation cured adhesives is expected to growat a substantial rate in North America owing to energy efficient infrastructure building & construction activities and growing food packaging industry.
Some of the key players in this market include Bayer Material Science AG, Dexerials Corporation, Cytec Industries, BASAF SE, Ashland Inc., Flint Group, Lord Corporation, Evonik Industries, Fujifilm Sericol U.S.A. Inc., DIC Corporation, Dymax Corporation, PPG industries, Royal Adhesives & Sealants, and Royal DSM N.V. Vorporation among others.
More Report on Chemical
and Materials Market: http://www.transparencymarketresearch.com/chemical-market-reports-2.html
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
· It helps in making informed business
decisions by having complete insights of market and by making in-depth analysis
of market segments.
Download PDF: Global Radiation Cured Adhesives Market
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