Global consumption of radiation-cured products in 2005 was 270,000 metric tons (MT), with a value of $2.75 billion. Included in this number are products for coatings, inks and adhesives. According to the consulting firm Kusumgar, Nerlfi & Growney, a modest 6% annual rate of growth is forecast through 2010.
With the miniturization of packaging in areas such as electronics, medical devices and wafer fabrication, spatially controlled, precise-deposition of adhesives or adhesive-like materials into increasingly smaller spaces has become critically important.
In addition to conflict in the Middle East, global terrorism and political unrest, there is another factor to consider that has an impact on both the short- and long-term growth of business: the continuing development of trading blocs and trade agreements