The global radiation-cured coatings market is expected to reach 793 million US dollars in 2019
According to a recent report by the well-known US consulting firm TMR (Transparency Market Research), the global market value of radiation-cured coating products will increase to 793 million US dollars by 2019. Compared with the traditional thermal curing process, radiation-cured coating products require much shorter curing time and are thus widely used in various fields of industrial production.
The continuous growth of the global market demand for environmentally friendly coatings is the main driving force for the further increase in the global demand for radiation-cured coatings. Moreover, the demand for wood coatings in infrastructure construction of various countries also contributes to the continuous consolidation of the radiation-cured coatings market. For the radiation-cured coatings market, fluctuations in the prices of coating raw materials may become the main challenge faced by market participants in this field.
The advantages of radiation-cured coating products include instant curing, low energy consumption, high production efficiency, and low content of volatile organic compounds. The extremely short curing time during the use of radiation-cured coatings provides convenience for efficient manufacturing in the industry. Compared with traditional heat-cured products, radiation-cured coatings effectively reduce energy consumption and floor space, and enhance efficiency.