According to a new report published by Infiniti Research, the global coatings market is forecast to increase at a compound annual growth rate of 5.46 percent through to 2015, with the industry set to hit 8.7 billion gallons and $107 billion by the year 2017.
U.S. solvents demand will continue to rebound from its recessionary lows, rising 1.5 percent per year in volume terms through 2016 to 10.9 billion pounds.
A market report by London-based Visiongain indicates that the global packaging coatings, inks and additives market will reach a value of $15.27 billion in 2012, as increased demand for packaging in the emerging economies boosts the market.
The $17 billion global titanium dioxide (TiO2) pigment industry improved profitability in 2011, with figures that TZ Minerals International Pty. Ltd. (TZMI) believes are the strongest in two decades.
Nanocoatings are opening up new market opportunities in the global coatings arena. Properties such as corrosion resistance, flame retardancy, UV stability, gloss retention, and chemical and mechanical properties are improved significantly using nanomaterials.
According to a new study by consulting firm Kusumgar, Nerlfi & Growney, the global consumption of sealants was 3.6 billion pounds in 2011, worth $8.45 billion.
Biocides are used to prevent damages caused by microbes or other organisms. They protect industrial products and consumer goods as well as animals and human beings.
RSS
