Although enormous efforts have been made to find sustainable solutions for making commercially successful products, the quest for environment-friendly coatings is still in its infancy. The new health and safety regulations imposed on chemicals and coating manufacturing will certainly motivate industry in the direction of sustainable development. Although the slow recovery of the worldwide economy has severely affected the ongoing efforts to sustainable research and development, the pace of innovation and invention has not been affected.
While the United States and Canada are like-minded on the importance of strong economic linkages, which will likely be the case for the foreseeable future, there will be differences in how each addresses other issues like the environment.
A report on the global paints and coatings market by Persistence Market Research, titled Global Market Study on Paints and Coatings: Industrial Paints and Coatings to Witness Highest Growth by 2020, states that the global market for paints and coatings in 2013 accounted for $121.9 billion and is predicted to expand at a CAGR of 5.5% in the forecast period from 2014 to 2020, to reach an expected value worth $176.5 billion in the year 2020.
The ChemQuest Group Inc., a business strategy firm in specialty chemicals, and the Adhesive and Sealant Council (ASC) jointly announced that the 2015-2019 Water Based Adhesives in North America Market Report is now available for purchase through the ASC storefront.
According to research firm Allied Market Research, the powder coatings market in Southeast Asia is expected to reach $295.9 million by 2022, up from $222.7 million in 2015, with a CAGR of 4.2% from 2016 to 2022.
Our March issue features a new eco-friendly carbon black, a fast-dry DTM alkyd emulsion with excellent corrosion resistance, and information on evaluating the flow behavior of coatings. March is also our European Coatings Show issue, which pre-show coverage and Exhibits-in-Print.