Macroeconomic trends in a number of major industry segments including transportation, energy and electronics are creating a shift in materials usage and manufacturing technology. This migration in product design places significant emphasis on lightweight, durable engineering materials that can be molded or machined into shapes that impart energy efficiency, lower life cycle costs and esthetics. To protect the appearance of these new designs, developers are increasingly turning to specialty coatings and finishes. Recent advances that improve manufacturability and reliability have positioned radiation curable coatings as potential beneficiaries of these industry trends.
The use of coatings is being strongly influenced by the proliferation of computer-assisted manufacturing and robotics throughout the manufacturing workplace. Because they lend themselves to automated fabrication, radiation curable coatings will experience rapid growth in markets where automation of the workplace is advancing. Technical advances that are having a significant impact on the industry's growth prospects include systems designed for radiation curing of 3-D objects and microprocessor-based programmable curing systems.
To take advantage of the opportunities presented by these new technology and market developments, coatings suppliers must also be willing to pursue new opportunities by teaming with manufacturers to develop the pilot programs that will be required to bring these new applications to market. These and other conclusions are contained in a comprehensive report. The report documents and analyzes the results of a recent survey of coating applications in numerous manufacturing sectors conducted by Applied Data Research.
About Applied Data
Applied Data Research (applieddata.org) is a management consulting firm focused on market strategies, product commercialization, venture development, and market research. We assist market participants in achieving their business objectives through the creation of detailed business development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Because we make it our responsibility to cut through the clutter and the noise of modern information gathering and assessment, company decision makers turn to us for the answers they need to achieve their objectives.