A new industry forecast points to improving demand, but returning European production, Chinese expansion and weak housing markets could complicate the pricing outlook.
A global outlook points to continued pressure from geopolitical uncertainty, manufacturing costs and transportation, creating additional challenges for materials-intensive businesses.
Global coating resins demand is rising as sustainability regulations, emerging markets and bio-based technologies reshape binder innovation and coatings formulation strategies.
In a report by Precedence Research, industrial coatings demand is projected to expand as regulatory pressure and material innovation influence end-use markets.
Future Market Insights announced that demand is accelerating as electrification, PFAS reformulation and infrastructure durability mandates reshape specifications.
