This report analyzes the worldwide markets for Radiation Cured Products and Adhesives in Metric Tons and US$ Millions The market for ‘Radiation Cured Products & Adhesives’ is analyzed by the following product segments: Radiation-Cured Coatings, Radiation-Cured Inks, and Radiation-Cured Adhesives. The report provides separate comprehensive analytics for US, Canada, Japan, Europe, Asia-Pacific, and Rest of World.  Annual forecasts are provided for each region for the period of 2006 through 2015. The report profiles 107 companies including many key and niche players worldwide such as 3M Company, Ashland, Inc., BASF SE, Bayer MaterialScience AG, Ciba Specialty Chemicals Holding, Inc., Cognis GmbH, Craig Adhesives and Coatings, Cytec Industries Inc., DIC Corporation, Sun Chemical Corporation, DYMAX Corporation, Flint Group, Jetrion LLC, XSYS Print Solutions North America, FUJIFILM Sericol UK Ltd., H.B. Fuller Company, Hexion Specialty Chemicals, LORD Corporation, PPG Industries, Inc., Rohm and Haas Company, Red Spot Paint & Varnish Company, Inc., Royal DSM N.V., Sony Chemical & Information Device Corporation, The Dow Chemical Company, Dow Corning Corporation, and Toyo Ink Mfg Co., Ltd. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TABLE OF CONTENTS

RADIATION CURED PRODUCTS & ADHESIVES
A GLOBAL STRATEGIC BUSINESS REPORT						MCP-1813


                                           CONTENTS


  I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3
       Radiation-Cured Coatings                                         I-4
       Radiation-Cured Inks                                             I-4
       Radiation-Cured Adhesives                                        I-4


 II. EXECUTIVE SUMMARY

  1. Market Overview                                                    II-1
      Radiation Cured Products – The Fastest Growing Sector             II-1
      Current & Future Analysis                                         II-1
       Volume Analysis                                                  II-1
       Value Analysis                                                   II-2
      Radiation-Cured Coatings Market Scenario                          II-2
      Radiation-Cured Inks Market Scenario                              II-3
      Radiation Cured Adhesives Market Scenario                         II-3
      Overall Demand for UV Curing Technology Products                  II-4
      UV Curing Equipment Find Wider Usage                              II-4
      Rise of UV-Cured Coatings Market                                  II-5
      Food Packaging & Commercial Spaces Offer Lucrative Growth
       Opportunities                                                    II-5
      Growth Promoters                                                  II-6
      Growth Inhibitors                                                 II-6
      Cost Factor                                                       II-6
      Market Participants                                               II-6

  2. Market Trends & Issues                                             II-7
      UV/EB Market Driven by Environmental Regulations                  II-7
      UV Curable Pressure Sensitive Adhesives – Gaining Ground          II-7
      Shift towards UV Inkjet and UV Flexo Inks                         II-7
      Paper Industry Customers Demand Deinkable Radiation Cured Inks    II-7
      Escalating Raw Material Costs Impede UV/EB Market Growth          II-8
      Variable Energy Levels of Lamps – A Major Quality Issue           II-8
      Radiation-Curable Coatings in Electronics Market                  II-8

  3. Product Overview                                                   II-9
      Radiation-Cured Products                                          II-9
       Advantages of Radiation-Cured Products                           II-9
      Radiation-Cured Coatings                                          II-9
       UV-Curable vs. EB-Curable                                        II-10
       Energy Requirements for Curing                                   II-10
       Applications of Radiation Cured Coatings                         II-10
       Radiation-Cured Coatings – Advantages                            II-10
       Constraints                                                      II-11
      Radiation-Cured Inks                                              II-11
       Classification of Radiation Curable Inks                         II-12
      Radiation-Cured Adhesives                                         II-12
       UV-Curing Adhesive Systems                                       II-13
       UV Laminating Adhesives                                          II-13
       UV Pressure Sensitive Laminating Adhesives                       II-13
       UV Post-Curing Laminating Adhesives                              II-14
       EB-Curable Laminating Adhesives                                  II-14
       New Applications of UV/EB Laminating Adhesives                   II-14
      Components of Radiation Curable Formulations                      II-15
       Monomers                                                         II-15
       Oligomers                                                        II-15
       Photoinitiators                                                  II-15
        Radical Photoinitiators                                         II-15
        Cationic Photoinitiators                                        II-15
      UV/EB Cured Materials                                             II-16
       EB/UV Acrylate Resins                                            II-16
       Applications of UV/EB Cured Materials                            II-16
       Curing of UV/EB Materials                                        II-16
      Radiation-Curable Systems – A Brief                               II-17
       Radiation-Cured Compositions                                     II-17
       Radiation-Curable Systems Vs. Standard Aqueous/ Solvent Systems  II-18
       Benefits of Radiation-Curable Systems                            II-18
        Absence of Solvents                                             II-18
        Reduction in VOC-Emissions                                      II-18
        High Energy Efficiency                                          II-18
        Lesser Floor Space                                              II-18
        Better Production Rates                                         II-19
       Radiation-Curable Systems – Constraints                          II-19
        Three-Dimensional Parts                                         II-19
        Oxygen Inhibition                                               II-19
        Cure Penetration                                                II-20
         Methods to Enhance Cure Penetration                            II-20
        Viscosity                                                       II-20
         Methods to Reduce Viscosity                                    II-20
          Low-Viscosity Reactive Diluents Addition                      II-20
          Heat Application                                              II-21
          Addition of Organic Solvent                                   II-21
        Other Disadvantages                                             II-22
      Radiation-Curable System Applications                             II-22
       Radiation-Curable Systems- Application Scenario                  II-22
        Food Packaging                                                  II-22
        Paper Conversion                                                II-23
        Graphic Inks and Arts                                           II-23
        Printing                                                        II-23
        Industrial Usage                                                II-23
        Automotive                                                      II-24
        Electrical and Electronics                                      II-24
        Health Care                                                     II-25
        Metal Coatings                                                  II-25
        Optical Coatings                                                II-25
        Plastics Coatings                                               II-26
        Release Coatings                                                II-26
        Powder Coatings                                                 II-26
        Wood Coatings                                                   II-27
      Radcure Technology – An Overview                                  II-27
       Process of UV-Curing                                             II-28
       Ultraviolet (UV) and Electron Beam (EB) Process                  II-28
        Comparison between UV and EB Curing                             II-29

  4. Product Launches & Developments                                    II-30
      RBC Develops UV 5037-A UV Curable Adhesive                        II-30
      Hexion Unveils New HexiStretch™ UV- Curable Inkjet Ink            II-30
      Lubrizol Launches Solsperse X300 Reactive Dispersant              II-30
      Cytec Introduces UCECOAT 7699 UV-Curable PUD                      II-30
      Cytec Unveils EBECRYL 5000 Series UV Curable Bioligomers          II-31
      Cytec Launches GMR 8020-02 UV Curable PSA                         II-31
      Sun Chemical Introduces SUNCURE Advantage UV Ink                  II-31
      Northwest Coatings Introduces Electron Beam (EB) Curable
       Laminating Adhesives                                             II-32
      Cytec Industries Rolls Out UCECOAT® Waterborne UV Curable Resin   II-32
      ITW Devcon Introduces Tru-Bond™ Adhesives                         II-32
      Cytec Introduces Several New Adhesive and Coating Products        II-32
      3M Launches Piezo Inkjet Ink Series 2700UV and 2200UV             II-33
      Cytec Introduces Two New Acrylate Resins                          II-33
      DYMAX Introduces UV Curing Adhesives                              II-33
      BASF Launches Two Coating Technologies for Adhesive               II-34
      Cray Valley’s Coatings Unveils CRAYMUL® 2717                      II-34
      Drew Industrial Rolls Out DREWRAD™ 150 for Food Package Printers  II-34
      Master Bond Introduces UV14-3 Curable Polymer System              II-35

  5. Recent Industry Activity                                           II-36
      DSM Desotech Takes Over Polymeric Processes                       II-36
      The Dow to Take Over Rohm & Haas                                  II-36
      Rohm & Haas Takes Over Finndisp                                   II-36
      Ashland Specialty Polymers and Adhesives Acquires Northwest
       Coatings                                                         II-36
      ALTANA Chemie Snaps Up Rad- Cure                                  II-37

  6. Focus on Select Players                                            II-38
      3M Company (US)                                                   II-38
      Ashland, Inc. (US)                                                II-38
      BASF SE (Germany)                                                 II-38
      Bayer MaterialScience AG (Germany)                                II-39
      Ciba Specialty Chemicals Holding, Inc. (Switzerland)              II-39
      Cognis GmbH (Germany)                                             II-39
      Craig Adhesives and Coatings (US)                                 II-40
      Cytec Industries Inc. (US)                                        II-40
      DIC Corporation (Japan)                                           II-40
       Sun Chemical Corporation (US)                                    II-41
      DYMAX Corporation (US)                                            II-41
      Flint Group (Luxembourg)                                          II-42
       Jetrion LLC (US)                                                 II-42
       XSYS Print Solutions North America (US)                          II-42
      FUJIFILM Sericol UK Ltd. (UK)                                     II-42
      H.B. Fuller Company (US)                                          II-42
      Hexion Specialty Chemicals (US)                                   II-43
      LORD Corporation (US)                                             II-43
      PPG Industries, Inc. (US)                                         II-44
      Rohm and Haas Company (US)                                        II-44
      Red Spot Paint & Varnish Company, Inc. (US)                       II-44
      Royal DSM N.V. (Netherlands)                                      II-45
      Sony Chemical & Information Device Corporation (Japan)            II-45
      The Dow Chemical Company (US)                                     II-45
       Dow Corning Corporation (US)                                     II-45
      Toyo Ink Mfg Co., Ltd. (Japan)                                    II-46

  7. Global Market Perspective                                          II-47
      Table 1: World Recent Past, Current & Future Analysis for
      Radiation Cured Products & Adhesives by Geographic Region –
      US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), and
      Rest of World Markets Independently Analyzed with Annual
      SalesFigures in Metric Tons for Years 2006 through 2015
      (includes corresponding Graph/Chart)                              II-47

      Table 2: World 10-Year Perspective for Radiation Cured
      Products & Adhesives by Geographic Region – Percentage
      Breakdown of Volume Sales for US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Rest of World Markets for
      Years 2006, 2009 & 2015 (includes corresponding Graph/Chart)      II-48

      Table 3: World Recent Past, Current & Future Analysis for
      Radiation Cured Coatings by Geographic Region – US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in Metric Tons for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-49

      Table 4: World 10-Year Perspective for Radiation Cured
      Coatings by Geographic Region – Percentage Breakdown of Volume
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), and Rest of World Markets for Years 2006, 2009 & 2015
      (includes corresponding Graph/Chart)                              II-50

      Table 5: World Recent Past, Current & Future Analysis for
      Radiation Cured Inks by Geographic Region – US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), and Rest of World
      Markets Independently Analyzed with Annual Sales Figures in
      Metric Tons for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-51

      Table 6: World 10-Year Perspective for Radiation Cured Inks by
      Geographic Region – Percentage Breakdown of Volume Sales for
      US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
      Rest of World Markets for Years 2006, 2009 & 2015 (includes
      corresponding Graph/Chart)                                        II-52

      Table 7: World Recent Past, Current & Future Analysis for
      Radiation Cured Adhesives by Geographic Region – US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in Metric Tons for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-53

      Table 8: World 10-Year Perspective for Radiation Cured
      Adhesives by Geographic Region – Percentage Breakdown of
      Volume Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), and Rest of World Markets for Years 2006,
      2009 & 2015 (includes corresponding Graph/Chart)                  II-54

      Table 9: World Recent Past, Current & Future Analysis for
      Radiation Cured Products & Adhesives by Geographic Region –
      US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
      Rest of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-55

      Table 10: World 10-Year Perspective for Radiation Cured
      Products & Adhesives by Geographic Region – Percentage
      Breakdown of Value Sales for US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), and Rest of World Markets for
      Years 2006, 2009 & 2015 (includes corresponding Graph/Chart)      II-56

      Table 11: World Recent Past, Current & Future Analysis for
      Radiation Cured Coatings by Geographic Region – US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in US$ Million for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-57

      Table 12: World 10-Year Perspective for Radiation Cured
      Coatings by Geographic Region – Percentage Breakdown of Value
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), and Rest of World Markets for Years 2006, 2009 & 2015
      (includes corresponding Graph/Chart)                              II-58

      Table 13: World Recent Past, Current & Future Analysis for
      Radiation Cured Inks by Geographic Region – US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), and Rest of World
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-59

      Table 14: World 10-Year Perspective for Radiation Cured Inks
      by Geographic Region – Percentage Breakdown of Value Sales for
      US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
      Rest of World Markets for Years 2006, 2009 & 2015 (includes
      corresponding Graph/Chart)                                        II-60

      Table 15: World Recent Past, Current & Future Analysis for
      Radiation Cured Adhesives by Geographic Region – US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in US$ Million for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-61

      Table 16: World 10-Year Perspective for Radiation Cured
      Adhesives by Geographic Region – Percentage Breakdown of Value
      Sales for US, Canada, Japan, Europe, Asia- Pacific (excluding
      Japan), and Rest of World Markets for Years 2006, 2009 & 2015
      (includes corresponding Graph/Chart)                              II-62


III. MARKET

  1. The United States                                                  III-1
      A.Market Analysis                                                 III-1
        Current & Future Analysis                                       III-1
         Volume Analysis                                                III-1
         Value Analysis                                                 III-1
        Environmental Concerns Accelerating Radcure Technology Adoption III-1
        Major Challenges for Radcure Coating Formulations               III-2
        Radcure Inks – A Lucrative Market                               III-2
        Product Launches                                                III-2
        Strategic Corporate Developments                                III-6
        Select Players                                                  III-7
         3M Company                                                     III-7
         Ashland, Inc.                                                  III-7
         Craig Adhesives and Coatings                                   III-8
         Cytec Industries, Inc.                                         III-8
         DYMAX Corporation                                              III-8
         H.B. Fuller Company                                            III-9
         Hexion Specialty Chemicals                                     III-9
         Jetrion LLC                                                    III-10
         LORD Corporation                                               III-10
         PPG Industries, Inc.                                           III-10
         Rohm and Haas Company                                          III-10
         Red Spot Paint & Varnish Company, Inc.                         III-11
         Sun Chemical Corporation                                       III-11
         The Dow Chemical Company                                       III-11
          Dow Corning Corporation                                       III-12
         XSYS Print Solutions North America                             III-12
      B.Market Analytics                                                III-12
        Table 17: US Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-12

        Table 18: US 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-13

        Table 19: US Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-14

        Table 20: US 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-14

  2. Canada                                                             III-15
       Market Analysis                                                  III-15
        Volume Analysis                                                 III-15
        Value Analysis                                                  III-15
        Table 21: Canadian Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in Metric Tons for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-16

        Table 22: Canadian 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-16

        Table 23: Canadian Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-17

        Table 24: Canadian 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-17

  3. Japan                                                              III-18
      A.Market Analysis                                                 III-18
        Current & Future Analysis                                       III-18
         Volume Analysis                                                III-18
         Value Analysis                                                 III-18
        Japanese Radiation Cure Products Market                         III-18
        Select Players                                                  III-19
         DIC Corporation                                                III-19
         Sony Chemical & Information Device Corporation                 III-19
         Toyo Ink Mfg Co., Ltd.                                         III-19
      B.Market Analytics                                                III-20
        Table 25: Japanese Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in Metric Tons for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-20

        Table 26: Japanese 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-21

        Table 27: Japanese Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-22

        Table 28: Japanese 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-22

  4. Europe                                                             III-23
      A.Market Analysis                                                 III-23
        Current & Future Analysis                                       III-23
         Volume Analysis                                                III-23
         Value Analysis                                                 III-23
        Established Applications in European Radcure Market Saturate    III-24
        Technological Changes in Wood Coatings                          III-24
        Photoimaging Posing Threat to UV Coatings                       III-24
        Radcure Inks Post Stable Growth                                 III-25
      B.Market Analytics                                                III-25
        Table 29: European Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Geographic
        Region – France, Germany, Italy, UK, Spain, Russia, and Rest
        of Europe Markets Independently Analyzed with Annual Sales
        Figures in Metric Tons for Years 2006 through 2015 (includes
        corresponding Graph/Chart)                                      III-25

        Table 30: European 10-Year Perspective for Radiation Cured
        Products & Adhesives by Geographic Region – Percentage
        Breakdown of Volume Sales for France, Germany, Italy, UK,
        Spain, Russia, and Rest of Europe Markets for Years 2006,
        2009 & 2015 (includes corresponding Graph/Chart)                III-26

        Table 31: European Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in Metric Tons for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-27

        Table 32: European 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-27

        Table 33: European Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Geographic
        Region – France, Germany, Italy, UK, Spain, Russia, and Rest
        of Europe Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2015 (includes
        corresponding Graph/Chart)                                      III-28

        Table 34: European 10-Year Perspective for Radiation Cured
        Products & Adhesives by Geographic Region – Percentage
        Breakdown of Dollar Sales for France, Germany, Italy, UK,
        Spain, Russia, and Rest of Europe Markets for Years 2006,
        2009 & 2015 (includes corresponding Graph/Chart)                III-29

        Table 35: European Recent Past, Current & Future Analysis
        for Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-30

        Table 36: European 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-30

  4a. France                                                            III-31
       Market Analysis                                                  III-31
        Volume Analysis                                                 III-31
        Value Analysis                                                  III-31
        Table 37: French Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-32

        Table 38: French 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-32

        Table 39: French Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-33

        Table 40: French 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-33

  4b. Germany                                                           III-34
      A.Market Analysis                                                 III-34
        Current & Future Analysis                                       III-34
         Volume Analysis                                                III-34
         Value Analysis                                                 III-34
        Product Launches                                                III-34
        Select Players                                                  III-35
         BASF SE                                                        III-35
         Bayer MaterialScience AG                                       III-36
         Cognis GmbH                                                    III-36
      B.Market Analytics                                                III-37
        Table 41: German Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-37

        Table 42: German 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-37

        Table 43: German Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-38

        Table 44: German 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-38

  4c. Italy                                                             III-39
       Market Analysis                                                  III-39
        Volume Analysis                                                 III-39
        Value Analysis                                                  III-39
        Table 45: Italian Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-40

        Table 46: Italian 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-40

        Table 47: Italian Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-41

        Table 48: Italian 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-41

  4d. United Kingdom                                                    III-42
      A.Market Analysis                                                 III-42
        Current & Future Analysis                                       III-42
         Volume Analysis                                                III-42
         Value Analysis                                                 III-42
        Product Launches                                                III-42
        FUJIFILM Sericol UK Ltd. – A Major UK Player                    III-43
      B.Market Analytics                                                III-43
        Table 49: UK Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-43

        Table 50: UK 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-44

        Table 51: UK Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-45

        Table 52: UK 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-45

  4e. Spain                                                             III-46
       Market Analysis                                                  III-46
        Volume Analysis                                                 III-46
        Value Analysis                                                  III-46
        Table 53: Spanish Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-47

        Table 54: Spanish 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-47

        Table 55: Spanish Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-48

        Table 56: Spanish 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-48

  4f. Russia                                                            III-49
       Market Analysis                                                  III-49
        Volume Analysis                                                 III-49
        Value Analysis                                                  III-49
        Table 57: Russian Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in Metric Tons for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-50

        Table 58: Russian 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-50

        Table 59: Russian Recent Past, Current & Future Analysis for
        Radiation Cured Products & Adhesives by Product Segment –
        Coatings, Inks and Adhesives Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-51

        Table 60: Russian 10-Year Perspective for Radiation Cured
        Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-51

  4g. Rest of Europe                                                    III-52
      A.Market Analysis                                                 III-52
        Current & Future Analysis                                       III-52
         Volume Analysis                                                III-52
         Value Analysis                                                 III-52
        Strategic Corporate Development                                 III-52
        Select Players                                                  III-53
         Ciba Specialty Chemicals Holding, Inc. (Switzerland)           III-53
         Flint Group (Luxembourg)                                       III-53
         Royal DSM N.V. (Netherlands)                                   III-53
      B.Market Analytics                                                III-54
        Table 61: Rest of Europe Recent Past, Current & Future
        Analysis for Radiation Cured Products & Adhesives by Product
        Segment – Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in Metric Tons for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-54

        Table 62: Rest of Europe 10-Year Perspective for Radiation
        Cured Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-54

        Table 63: Rest of Europe Recent Past, Current & Future
        Analysis for Radiation Cured Products & Adhesives by Product
        Segment – Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-55

        Table 64: Rest of Europe 10-Year Perspective for Radiation
        Cured Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-55

  5. Asia-Pacific                                                       III-56
      A.Market Analysis                                                 III-56
        Current & Future Analysis                                       III-56
         Volume Analysis                                                III-56
         Value Analysis                                                 III-56
        Fastest Growing Economies Spur Radcure Technology Growth        III-56
        Rising Popularity of UV-Curable Inkjets                         III-57
        China                                                           III-57
         Radiation Curing Market                                        III-57
         Radcure Raw Materials Growing Faster than Radcure Products     III-57
         Expansion of Radiation Curing Technology in China              III-58
         End Usage of UV Curing Technology Products                     III-58
         Opportunities in Radiation Curing Technology                   III-59
      B.Market Analytics                                                III-59
        Table 65: Asia-Pacific Recent Past, Current & Future
        Analysis for Radiation Cured Products & Adhesives by Product
        Segment – Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in Metric Tons for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-59

        Table 66: Asia-Pacific 10-Year Perspective for Radiation
        Cured Products & Adhesives by Product Segment – Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-60

        Table 67: Asia-Pacific Recent Past, Current & Future
        Analysis for Radiation Cured Products & Adhesives by Product
        Segment – Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-61

        Table 68: Asia-Pacific 10-Year Perspective for Radiation
        Cured Products & Adhesives by Product Segment – Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-61

  6. Rest of World                                                      III-62
       Market Analysis                                                  III-62
        Volume Analysis                                                 III-62
        Value Analysis                                                  III-62
        Table 69: Rest of World Recent Past, Current & Future
        Analysis for Radiation Cured Products & Adhesives by Product
        Segment - Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in Metric Tons for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-63

        Table 70: Rest of World 10-Year Perspective for Radiation
        Cured Products & Adhesives by Product Segment - Percentage
        Breakdown of Volume Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-63

        Table 71: Rest of World Recent Past, Current & Future
        Analysis for Radiation Cured Products & Adhesives by Product
        Segment - Coatings, Inks and Adhesives Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2015 (includes corresponding Graph/Chart)          III-64

        Table 72: Rest of World 10-Year Perspective for Radiation
        Cured Products & Adhesives by Product Segment - Percentage
        Breakdown of Dollar Sales for Coatings, Inks and Adhesives
        Markets for Years 2006, 2009 & 2015 (includes corresponding
        Graph/Chart)                                                    III-64


 IV. COMPETITIVE LANDSCAPE