In a report released by ResearchandMarkets, the PU coatings market was valued at $18.26 billion in 2022 and is anticipated to grow with a CAGR of 5.21% through 2028.
Over the last few years, businesses of all sizes have faced significant challenges, from labor shortages to high inflation, and ongoing supply chain challenges. The NACD worked with PCI to convene members for a roundtable discussion to examine these pressing distribution issues, enhanced sustainability expectations, and the implementation of innovative technology into business practices.
Although sustainability isn’t a new concept, its integration into daily business practices is prevalent, and important to shareholders, investors, customers, and employees. The NACD recognizes the great responsibility of applying and developing commonsense, sustainable business practices and supply chain operations. The organization describes its ongoing progress to reaffirm to industry partners and customers that it is focused on building a business that delivers a better future.
In 2019, the coatings industry did not anticipate any problems surrounding raw material supplies and availability. Then COVID and the global supply chain crisis hit. This article offers an analysis of the current and future outlook of the raw materials market, highlighting lingering issues with raw material production, pricing, transportation, and delivery.
A more sustainable industry requires the discovery and utilization of new raw materials and technologies, presenting an opportunity to develop products with unique properties not previously explored in the additives sector.
SunCoal Industries GmbH is a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials.
A specialty chemicals and minerals supplier offers a case study to compare its novel architectural colorants to industry-standard colorants. Utilizing tests such as viscosity drop, blocking resistance, open time, and base compatibility, these colorants deliver superior performance, an extended shelf life, and offer global compliance, while showcasing their low-VOC and high-pigment-loading capabilities.
This article explores the expertise, steadfast commitment to safety, and overarching mindset of responsibility that is invested to get chemical ingredients where they need to go.