Industry News

New Applications Vital to Ensure Maximum Growth in European Radcure Coatings Market

Published on 2007-02-14. Author : SpecialChem

Frost & Sullivan will host an exclusive interactive briefing on February 15, 2007, at 3 p.m. GMT, to provide an insight into the Radcure Coatings Market in Europe. Highlights of the event include a detailed analysis of five end-user markets and their emerging applications, as well as a segmentation of the market by resin chemistry and coating formulation.

Currently, the market has to face some critical challenges. Following its increasing maturity, some applications have become saturated and growth rates have slowed. Additionally, coating formulators have to deal with global relocation of their customer base to cheaper regions and rising raw materials costs.

During the briefing, Dr Elizabeth Duplock, Frost & Sullivan Research Analyst Performance Materials, will outline end-user markets where penetration of radcure products is low and potential for growth is high. Maximum growth also relies on identifying new applications for radcure products, and the desire to be first to market with new products is ensuring high competition in this industry.

"Emerging markets and new applications are the key to continued growth in the European radcure coatings market" concludes Dr. Duplock.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

Source: Frost & Sullivan

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