EU Emissions Directive Influences Rheology Modifiers
LONDON - The European market for rheology modifiers in paints is gaining momentum with the gradual recovery of the European economy that began in late 2003 and continued through 2004, ending three years of economic stagnation that preceded it, according to a research overview by Frost & Sullivan, a global growth consulting company.
Many manufacturers of rheology modifiers experienced moderate growth in 2004 and expect this encouraging trend to continue for the next few years. This growth was largely due to the reasonably good performance of certain key paint and coatings segments such as architectural and waterborne industrial coatings, which account for a bulk of the demand for rheology modifiers.