Market Overview:
The global radiation cured adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for radiation cured adhesives from end-use industries such as automotive, construction, and packaging. In addition, the growing demand for lightweight and fuel-efficient vehicles is also driving the growth of the global radiation cured adhesives market. The acrylic epoxy resin segment is projected to lead the global radiation cured adhesives market during the forecast period from 2018 to 2030. This segment is expected to account for a major share of the overall market due to its superior properties such as high strength, chemical resistance, and thermal stability.
Product Definition:
Radiation cured adhesives are adhesives that are cured or dried using radiation. This type of adhesive is used in a variety of applications, including bonding metal to metal, glass to glass, and plastic to plastic. Radiation cured adhesives offer many benefits over other types of adhesives, including high strength and durability, resistance to corrosion and weathering, and the ability to bond dissimilar materials.
Acrylic Epoxy Resin:
Acrylic epoxy resin is a thermosetting polymer, which contains an epoxide group. It has high heat resistance and good adhesion properties to substrates like metal, glass fiber reinforced plastics (FRP), natural fibers like cellulose, wood among others. Acrylic epoxy resins are widely used in the construction industry as well as for manufacturing automotive components such as chassis rails and body side cladding systems among others.
Acrylic Polyether Resin:
Acrylic polyether resin is a thermoplastic elastomer that contains units of ethylene and propylene. It has high heat resistance, good chemical resistance, and excellent mechanical properties. The resins are processed to form block or pre-form which is then heated to cure the mixture into an article useful for bonding applications in various end-use industries such as automotive aftermarket parts manufacturing industry and electrical & electronics industry among others.
Application Insights:
The plastic application segment led the market and accounted for more than 35% of the global revenue share in 2017. The product is widely used to bond plastics such as polypropylene, polystyrene, and PVC. Plastic is one of the most commonly used materials in various end-use industries owing to its lightweight properties, low cost, high durability and versatility.
Stone lamination was the second largest application segment that year accounting for a significant share of over 15%. Stones are heavy; therefore they require strong bonding to construction materials while flooring or walling applications. Radiation cured adhesives offer superior strength against impact damage along with easy installation on uneven surfaces due to their flexibility property without any additional tools required during curing process.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from several end-use industries, such as automotive, packaging and construction. In addition, growing awareness regarding radiation injury treatment options is projected to fuel product demand in North America.
Asia Pacific is anticipated to witness significant growth over the coming years due to rising disposable income coupled with increased spending on household goods and automobiles in emerging economies of India and China. Moreover, rapid industrialization along with government support aimed at promoting investments through various incentives has resulted into high growth potential for this market across Asia Pacific region during the forecast period from 2018 To 2030 (USD X million).
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Rising demand for medical adhesives owing to the growing awareness about their benefits over traditional methods of wound closure
- Growing popularity of radiation cured adhesives in electronics manufacturing owing to their superior performance characteristics
- Rising demand from construction industry for high-performance adhesive tapes and sealants
- Technological advancements that have led to the development of novel radiation cured adhesive formulations with better performance properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiation Cured Adhesives Market Research Report
By Type
Acrylic Epoxy Resin, Acrylic Polyether Resin, Acrylic Amino Resin, Epoxy Resin, Other
By Application
Plastic, Metal, Stone, Paper, Other
By Companies
Bayer, BASF, Ashland, Fujifilm, Flint, Cytec Industries, Dexerials, Dymax, DIC, Electronics For Imaging, Bayer, PPG Industries, Red Spot Paint & Varnish Company, Royal Adhesives & Sealants, Royal DSM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Radiation Cured Adhesives Market Report Segments:
The global Radiation Cured Adhesives market is segmented on the basis of:
Types
Acrylic Epoxy Resin, Acrylic Polyether Resin, Acrylic Amino Resin, Epoxy Resin, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plastic, Metal, Stone, Paper, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bayer
- BASF
- Ashland
- Fujifilm
- Flint
- Cytec Industries
- Dexerials
- Dymax
- DIC
- Electronics For Imaging
- Bayer
- PPG Industries
- Red Spot Paint & Varnish Company
- Royal Adhesives & Sealants
- Royal DSM
Highlights of The Radiation Cured Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Epoxy Resin
- Acrylic Polyether Resin
- Acrylic Amino Resin
- Epoxy Resin
- Other
- By Application:
- Plastic
- Metal
- Stone
- Paper
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radiation Cured Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Radiation cured adhesives are a type of adhesive that is cured by exposure to radiation. This type of adhesive is used in applications where a strong bond between the two surfaces is required, such as in the construction industry.
Some of the key players operating in the radiation cured adhesives market are Bayer, BASF, Ashland, Fujifilm, Flint, Cytec Industries, Dexerials, Dymax, DIC, Electronics For Imaging, Bayer, PPG Industries, Red Spot Paint & Varnish Company, Royal Adhesives & Sealants, Royal DSM.
The radiation cured adhesives market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiation Cured Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Radiation Cured Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radiation Cured Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Radiation Cured Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Radiation Cured Adhesives Market Size & Forecast, 2020-2028
4.5.1 Radiation Cured Adhesives Market Size and Y-o-Y Growth
4.5.2 Radiation Cured Adhesives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Acrylic Epoxy Resin
5.2.2 Acrylic Polyether Resin
5.2.3 Acrylic Amino Resin
5.2.4 Epoxy Resin
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Plastic
6.2.2 Metal
6.2.3 Stone
6.2.4 Paper
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiation Cured Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Radiation Cured Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Acrylic Epoxy Resin
9.6.2 Acrylic Polyether Resin
9.6.3 Acrylic Amino Resin
9.6.4 Epoxy Resin
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Plastic
9.10.2 Metal
9.10.3 Stone
9.10.4 Paper
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Acrylic Epoxy Resin
10.6.2 Acrylic Polyether Resin
10.6.3 Acrylic Amino Resin
10.6.4 Epoxy Resin
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Plastic
10.10.2 Metal
10.10.3 Stone
10.10.4 Paper
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Acrylic Epoxy Resin
11.6.2 Acrylic Polyether Resin
11.6.3 Acrylic Amino Resin
11.6.4 Epoxy Resin
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Plastic
11.10.2 Metal
11.10.3 Stone
11.10.4 Paper
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Acrylic Epoxy Resin
12.6.2 Acrylic Polyether Resin
12.6.3 Acrylic Amino Resin
12.6.4 Epoxy Resin
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Plastic
12.10.2 Metal
12.10.3 Stone
12.10.4 Paper
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Acrylic Epoxy Resin
13.6.2 Acrylic Polyether Resin
13.6.3 Acrylic Amino Resin
13.6.4 Epoxy Resin
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Plastic
13.10.2 Metal
13.10.3 Stone
13.10.4 Paper
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Radiation Cured Adhesives Market: Competitive Dashboard
14.2 Global Radiation Cured Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bayer
14.3.2 BASF
14.3.3 Ashland
14.3.4 Fujifilm
14.3.5 Flint
14.3.6 Cytec Industries
14.3.7 Dexerials
14.3.8 Dymax
14.3.9 DIC
14.3.10 Electronics For Imaging
14.3.11 Bayer
14.3.12 PPG Industries
14.3.13 Red Spot Paint & Varnish Company
14.3.14 Royal Adhesives & Sealants
14.3.15 Royal DSM
