U.S. Demand for Radiation-Cured Products to Increase to $1.3 Billion
CLEVELAND – The Freedonia Group predicts that demand for radiation-cured products in the United States will increase more than 10% per year to 200 million pounds in the year 2003, significantly outpacing gains in the general economy. This trend and other observations are presented in the group’s new study called Radiation-Cured Products.
Demand for radiation-cured products has consistently outpaced the general economy due to the continuing development of new products and applications. Despite average declines, prices for radiation-cured materials will remain well above those of their conventionally cured counterparts. Thus, market value will increase nearly 10% to $1.3 billion in 2003.