BCF Survey Reports Uptick in Coatings Industry Confidence
COVENTRY, UK — As with many other manufacturing sectors, the UK coatings, printing inks and wallcoverings industries have experienced an uncertain year with COVID-19, not helped by the continued lack of clarity on a trade deal with the EU.
As expected, the British Coatings Federations’ (BCF) members are more positive than they were in June, but confidence is still weaker than average and far lower than the pre-Brexit levels. While decorative coatings have seen strong growth this year, sales in the printing inks and industrial coatings markets are down by between 15% and 20%.