According to a report by research company Global Market Insights, the size of the automotive coatings market was estimated at more than 3.7 million tons in 2014 and is likely to exceed 5.5 million tons by 2022, with a growth rate of above 4.8%.
U.S. demand for solvents is forecast to rise 1.1% per year through 2020 to 9.6 billion pounds, reflecting continued economic growth and, in particular, ongoing healthy increases in construction activity.
Global Market Insights, an industry research firm based in Ocean View, Delaware, has released a new study that reports the global protective coatings market was valued at over $12.5 billion in 2015, growing at a CAGR of more than 9% from 2016 to 2023.
A new report by Allied Market Research, titled, World Smart Material Market, projects that the world smart materials market is expected to generate revenue of $72.63 billion by 2022, with an estimated CAGR of 14.9% from 2016 to 2022.
The Global Top 10 and PCI 25 is a ranking of the top global and North American coatings manufacturers. Rankings are based on 2015 coatings sales. Sales of other, non-coating products are not included.
Given the increased sales volumes so far in 2016, the TiO2 market has begun to feel tighter than it has in years, which is providing confidence to some producers that the worst is behind the industry for the near term.
Big Market Research has added a new report covering the global green/biobased solvents market. The report, titled World Green/Bio-Based Solvents Market - Opportunities and Forecast, 2014-2020, offers in-depth industry insights with short- and mid-term impact analysis of key drivers, restraining factors and growth opportunities of the market.
According to a soon-to-be released study by the consulting firm Kusumgar, Nerlfi & Growney, U.S. coating consumption was 8.4 billion pound solids (dry weight) worth $26.6 billion in 2015 and is growing at a mature 1 percent annual rate.
According to a new report from MarketsandMarkets, the global anti-fouling coatings market is projected to reach $9.22 billion by 2021, growing at a CAGR of 8.6% from 2016 to 2021.
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