Radiation-cured products predicted to grow by 6% annually.The global consumption of radiation-cured products is expected to grow by 6% annually through the year 2010, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study published by Kusumgar, Nerlfi & Growney. Entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: Radiation-Cured Products, 2005-2010, the study covers radiation-cured products in the coatings, inks, and adhesives markets. In 2005, the global consumption of these products was 270,000 metric tons, with a value of $2.75 billion. The top two regions that consume the most radiation-cured products are North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe, respectively, and together account for nearly two-thirds of the dollar value. However, the Asian market is gaining significant ground on these two regions, according to the report. An annual growth rate of 9% is forecasted for Asia, with China continuing to lead the way. By 2010, it is projected that the Asian region will be the leader in both radiation-cured products consumed con·sume v. con·sumed, con·sum·ing, con·sumes v.tr. 1. To take in as food; eat or drink up. See Synonyms at eat. 2. a. and dollar value. Coatings are the largest segment of radiation-cured products, representing about three-quarters of the worldwide volume consumed in 2005 and over half of the dollar figure cited, states the report. Wood (furniture and flooring) is the leading application for radiation-cured coatings, in terms of both volume and dollars, with Europe currently responsible for about 40% of the consumed volume. The second largest application category for radiation-cured coatings is paper overprints, with North America consuming approximately 40% of these products. Other leading applications are optical fibers, CDs, PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. flooring, and other plastic substrates. In regards to radiation-cured products for the inks market, less than 20% of the total amount consumed in 2005 were used in the inks market, yet they account for nearly 40% of the dollar value. Radiation-cured inkjet inks is a market segment that is expected to "surge in usage" in the upcoming years, predicts the report. Adhesives accounted for 5% of the global consumption volume and 9% of the dollars in 2005. The largest adhesive adhesive, substance capable of sticking to surfaces of other substances and bonding them to one another. The term adhesive cement is sometimes used in place of adhesive, especially when referring to a synthetic adhesive. product, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. lamination lamination a laminar structure or arrangement. , represented nearly 40% of the adhesives volume and dollars. Information about the Radiation-Cured Products, 2005-2010 report can be obtained by contacting 973.439.0030 or nerlfikng@cs.com.
Radiation-Cured Product Consumption by Region
2005 2010
Region MT MM$ MT MM$ AGR
North America 72,000 950 90,000 1,180 5
Europe 100,000 820 115,000 980 3
Asia 87,000 900 135,000 110 9
South America 11,000 80 15,000 110 6
TOTAL 270,000 2,750 355,000 3,530 6
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