Tim Wright04.02.07
Today's global radcure market is stimulated by several trends, in particular, its emergence in growing regions around the world. In addition to greater off-shore capacity, growth is also driven by environmental issues such as the EU's environmental stewardship requirement. As company's adjust to these "greener" standards, and industry continues to innovate uses for growing application areas, the radcure market is looking healthy for the future.
Representing 1.8% of all coatings globally, and predicted to increase to a 2.2% share by 2012, the total value of global radcure coatings in 2006 was $1.325 billion, according to The Chemark Consulting Group, a consulting firm focused on the coatings, adhesives and sealants industries based in Southern Pines, NC.
Demand for radcure coatings in North America was strongest at 51,872 tons valued at $485 million. In the EU demand was just behind at 50,000 tons valued at $465 million. Growth rates for the North American and EU markets for 2006 were 4.1% and 3.8% respectively.
Rest of the world (ROW) markets for radcure coatings were valued at $325 million last year. Together the ROW markets are growing
Representing 1.8% of all coatings globally, and predicted to increase to a 2.2% share by 2012, the total value of global radcure coatings in 2006 was $1.325 billion, according to The Chemark Consulting Group, a consulting firm focused on the coatings, adhesives and sealants industries based in Southern Pines, NC.
Demand for radcure coatings in North America was strongest at 51,872 tons valued at $485 million. In the EU demand was just behind at 50,000 tons valued at $465 million. Growth rates for the North American and EU markets for 2006 were 4.1% and 3.8% respectively.
Rest of the world (ROW) markets for radcure coatings were valued at $325 million last year. Together the ROW markets are growing
Continue reading this story and get 24/7 access to Coatings World for FREE
FREE SUBSCRIPTION
