Market Overview:
The global radiation cured products (RCP) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for radiation cured coatings, inks, and adhesives in various applications. In addition, the growing demand for RCPs from emerging economies is also contributing to the growth of the market. On the basis of type, radiation cured coatings accounted for a major share of the global RCP market in 2017. This can be attributed to their high performance and durability as compared to other types of RCPs.
Product Definition:
RCP is a product that has been treated with radiation. The radiation causes the product to harden, which makes it more durable.
Radiation Cured Coatings:
The global radiation cured coatings market size was valued at USD 2.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing use in various applications including automotive, aerospace, construction equipment & machinery, electronics appliances and medical devices. The growing demand for these products on account of their superior properties including resistance towards corrosion & weathering coupled with high durability is anticipated to drive the industry growth over the next seven years.
Radiation Cured Inks:
The global radiation cured inks market is expected to witness significant growth over the forecast period. Increasing demand for high-quality products with enhanced durability and performance characteristics from end-use industries such as automotive, aerospace & defense, electronics, and packaging are anticipated to drive the market growth.
Ink manufacturers are focusing on developing new products that offer superior properties such as UV curable ink which helps in increasing product shelf life by reducing ink degradation caused due to UV light exposure.
Application Insights:
In terms of application, the market is categorized into inks, adhesives, coatings and others. The other applications include radiation-cured tapes & labels and radiation-cured rubber products. In 2017, the inks segment dominated the overall market with a share of over 40% and is expected to continue its dominance throughout the forecast period owing to increasing demand for superior quality inkjet printing ink from various end-use industries such as packaging.
The growing packaging industry across regions has created a huge demand for superior quality RCP inks that are capable of meeting high printing standards with excellent resolution while at the same time exhibiting good resistance against environmental agents such as solvents and acids without being damaged or altered in any way. This factor is expected to have a positive impact on product demand over the forecast period.
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 R&D activities and technological advancements in healthcare facilities, which will drive demand for radiation cured products. Moreover, growing awareness about cancer treatment options among patients is anticipated to fuel growth over the next eight years.
Asia Pacific is estimated to be one of the fastest-growing regions during the forecast period owing to rising investments by foreign players coupled with improving economic conditions in emerging countries such as China and India are likely boost industry growth.
Europe also held a significant share of revenue due to high demand from end-use industries such as medical devices manufacturing.
Growth Factors:
- Increasing demand for radiation cured products in the medical and dental industries due to their superior properties such as high gloss, hardness, and resistance to chemicals and solvents.
- Growing popularity of RCP among automotive manufacturers due to its ability to provide a high-quality finish that is durable and scratch resistant.
- Rising demand from the construction industry for coatings that can withstand harsh weather conditions without fading or chipping.
- Increased use of radiation cured products in food packaging due to their ability to extend shelf life while preserving the flavor and nutritional value of food items.
- Proliferation of digital printing technology, which is helping drive demand for RCPs in signage, graphic arts, and other applications where fast turnaround times are required
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiation Cured Products (RCP) Market Research Report
By Type
Radiation Cured Coatings, Radiation Cured Inks, Radiation Cured Adhesives, Others
By Application
Inks, Adhesives, Coatings, Others
By Companies
Bayer, BASF, Ashland, Fujifilm, Flint, Cytec Industries, Dexerials, Dymax, DIC, Electronics For Imaging, Lord Corporation, PPG Industries, Red Spot Paint & Varnish Company, Royal Adhesives & Sealants, Royal DSM, Toyo Ink SC Holdings
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Radiation Cured Products (RCP) Market Report Segments:
The global Radiation Cured Products (RCP) market is segmented on the basis of:
Types
Radiation Cured Coatings, Radiation Cured Inks, Radiation Cured Adhesives, Others
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
Inks, Adhesives, Coatings, Others
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
- Lord Corporation
- PPG Industries
- Red Spot Paint & Varnish Company
- Royal Adhesives & Sealants
- Royal DSM
- Toyo Ink SC Holdings
Highlights of The Radiation Cured Products (RCP) 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:
- Radiation Cured Coatings
- Radiation Cured Inks
- Radiation Cured Adhesives
- Others
- By Application:
- Inks
- Adhesives
- Coatings
- Others
- 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 Products (RCP) 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.
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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 products (RCP) are a type of medical device that use radiation to cure or prevent disease. RCPs can be used in a variety of medical procedures, including cancer treatment, heart surgery, and cataract surgery.
Some of the major players in the radiation cured products (rcp) market are Bayer, BASF, Ashland, Fujifilm, Flint, Cytec Industries, Dexerials, Dymax, DIC, Electronics For Imaging, Lord Corporation, PPG Industries, Red Spot Paint & Varnish Company, Royal Adhesives & Sealants, Royal DSM, Toyo Ink SC Holdings.
The radiation cured products (rcp) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Radiation Cured Products (RCP) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Radiation Cured Products (RCP) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Radiation Cured Products (RCP) Market - Supply Chain
4.5. Global Radiation Cured Products (RCP) Market Forecast
4.5.1. Radiation Cured Products (RCP) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Radiation Cured Products (RCP) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Radiation Cured Products (RCP) Market Absolute $ Opportunity
5. Global Radiation Cured Products (RCP) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Radiation Cured Products (RCP) Market Size and Volume Forecast by Type
5.3.1. Radiation Cured Coatings
5.3.2. Radiation Cured Inks
5.3.3. Radiation Cured Adhesives
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Radiation Cured Products (RCP) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Radiation Cured Products (RCP) Market Size and Volume Forecast by Application
6.3.1. Inks
6.3.2. Adhesives
6.3.3. Coatings
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Radiation Cured Products (RCP) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Radiation Cured Products (RCP) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Radiation Cured Products (RCP) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Radiation Cured Products (RCP) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Radiation Cured Products (RCP) Demand Share Forecast, 2019-2026
9. North America Radiation Cured Products (RCP) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Radiation Cured Products (RCP) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Radiation Cured Products (RCP) Market Size and Volume Forecast by Application
9.4.1. Inks
9.4.2. Adhesives
9.4.3. Coatings
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Radiation Cured Products (RCP) Market Size and Volume Forecast by Type
9.7.1. Radiation Cured Coatings
9.7.2. Radiation Cured Inks
9.7.3. Radiation Cured Adhesives
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Radiation Cured Products (RCP) Demand Share Forecast, 2019-2026
10. Latin America Radiation Cured Products (RCP) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Radiation Cured Products (RCP) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Radiation Cured Products (RCP) Market Size and Volume Forecast by Application
10.4.1. Inks
10.4.2. Adhesives
10.4.3. Coatings
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Radiation Cured Products (RCP) Market Size and Volume Forecast by Type
10.7.1. Radiation Cured Coatings
10.7.2. Radiation Cured Inks
10.7.3. Radiation Cured Adhesives
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Radiation Cured Products (RCP) Demand Share Forecast, 2019-2026
11. Europe Radiation Cured Products (RCP) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Radiation Cured Products (RCP) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Radiation Cured Products (RCP) Market Size and Volume Forecast by Application
11.4.1. Inks
11.4.2. Adhesives
11.4.3. Coatings
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Radiation Cured Products (RCP) Market Size and Volume Forecast by Type
11.7.1. Radiation Cured Coatings
11.7.2. Radiation Cured Inks
11.7.3. Radiation Cured Adhesives
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Radiation Cured Products (RCP) Demand Share, 2019-2026
12. Asia Pacific Radiation Cured Products (RCP) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Radiation Cured Products (RCP) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Radiation Cured Products (RCP) Market Size and Volume Forecast by Application
12.4.1. Inks
12.4.2. Adhesives
12.4.3. Coatings
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Radiation Cured Products (RCP) Market Size and Volume Forecast by Type
12.7.1. Radiation Cured Coatings
12.7.2. Radiation Cured Inks
12.7.3. Radiation Cured Adhesives
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Radiation Cured Products (RCP) Demand Share, 2019-2026
13. Middle East & Africa Radiation Cured Products (RCP) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Radiation Cured Products (RCP) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Radiation Cured Products (RCP) Market Size and Volume Forecast by Application
13.4.1. Inks
13.4.2. Adhesives
13.4.3. Coatings
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Radiation Cured Products (RCP) Market Size and Volume Forecast by Type
13.7.1. Radiation Cured Coatings
13.7.2. Radiation Cured Inks
13.7.3. Radiation Cured Adhesives
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Radiation Cured Products (RCP) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Radiation Cured Products (RCP) Market: Market Share Analysis
14.2. Radiation Cured Products (RCP) Distributors and Customers
14.3. Radiation Cured Products (RCP) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bayer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ashland
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fujifilm
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Flint
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cytec Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dexerials
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dymax
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DIC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Electronics For Imaging
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lord Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PPG Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Red Spot Paint & Varnish Company
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Royal Adhesives & Sealants
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Royal DSM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Toyo Ink SC Holdings
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook