U.S. Protective Coatings Demand To Reach $13.9 Billion in 2009
Demand for protective coatings in the United States is forecast to increase 4.6 percent per year to $13.4 billion in 2009, driven by an acceleration in durable good production and a rebound in nonresidential construction spending, according to "Protective Coatings," a study conducted by The Freedonia Group Inc., Cleveland.
In general, higher value coatings that provide multiple functions, exhibit favorable environmental profiles, and are used in niche applications will experience the most rapid gains.