Latest industry survey by Fact MR, predicts Radiation Cured Products sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The report offers actionable and valuable market insights of Radiation Cured Products. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Radiation Cured Products across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Radiation Cured Products. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Radiation Cured Products
This newly published and insightful report sheds light on Market Insights of Radiation Cured Products, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Radiation Cured Products.
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Key Takeaways from Market Study
- Market for radiation cured products anticipated to grow 2.5X in value by 2031.
- Ultraviolet cured products have been gaining traction owing to various advantages they offer, resulting in the segment set to expand at a CAGR of 7.1%.
- Key players such as Allnex, Ashland Inc., BASF SE., Bayer Material Science, DIC Corporation, and Cytech Industries have been consistently increasing their production capacities.
- Radiation cured coatings to occupy huge piece of market share owing to growing demand from the automotive industry.
- Among the applications, wood has been gaining traction over the past half-decade, and the scenario to about take a major turn allowing plastic to acquire a higher share.
“Reinforcing production facilities and fine-tuning distribution capabilities to provide tailwinds for leading manufacturers,” says a Fact.MR analyst.
Competitive landscape
Out of these manufacturers, BASF SE, Sartomer, and 3M Company are holding dominance, not only over technology but also in terms of production capacity and supply across the globe. Alongside, with top-end technology & facilities, tier 1 players contribute significant share at the global level.
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Radiation Cured Products Industry Key Segments
- By Type
- Coatings
- Inks
- Adhesives
- By Formulation
- Electron Beam Curing
- Ultraviolet Curing
- By Application
- Radiation Cured Products for Paper & Film
- Radiation Cured Products for Plastic
- Radiation Cured Products for Wood
- Radiation Cured Products for Glass
- Radiation Cured Products for Metal
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