Environmental regulations drive the demand for VOC-free coatings, while Asia Pacific emerges as the leading producer and consumer of industrial coatings.
Significant growth of the construction industry, environmentally friendly characteristics, durability, and better aesthetic appearance are all driving architectural coatings consumption. Increasing investments in emerging markets and less-regulated regions provide growth opportunities for market players.
A recent report by MarketsandMarkets forecasts the global powder coatings market to grow through 2029, propelled by demand in emerging economies and diverse industrial sectors.
Newly launched, TraQr® Reports are designed for companies that lack internal resources and prefer to receive curated U.S. market details and analysis from the experts at ChemQuest.
This month’s edition of TiPMC Solution’s TiO2 Insider focuses on the future of the TiO2 market after a difficult 2023. According to TiPMC, the impact of reduced interest rates and improving housing markets throughout the world will stimulate demand for architectural coatings, the leading consumer of TiO2.
The report, published by MarketsandMarkets, explains several factors driving the market including technological advancements, shifting consumer behaviors, favorable economic conditions, expanding applications in various industries, and growing demand.
