A new study by Lux Research reports that mismatched perceptions among coating developers and potential customers are slowing the market adoption of functional coatings.
The Adhesive and Sealant Council (ASC) expects the Asia-Pacific region’s total adhesive and sealant demand to grow 5 percent annually through 2015, reaching 11 billion pounds of wet formulated product.
Publishing company Global Industry Analysts Inc. has released a study on the renewable chemicals market that reports the market for renewable chemicals is projected to reach $66.1 billion by 2018.
According to analysis from market research firm Frost & Sullivan, environmental regulations, rising consumer awareness regarding health and the environment, and focus on sustainability have driven the Asia-Pacific water-based coatings market.
A new report published by Transparency Market Research, Antimicrobial Coatings Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2012 – 2018, predicts that the market for antimicrobial coatings will reach $3.3 billion globally by 2018.
Worldwide demand for powder coatings has increased over the last few decades, due in part to their lower environmental impact when compared to other coatings.
Coating formulators are reducing solvent content to comply with more stringent environmental regulations on VOC emissions, constraining the performance of new protective and marine coatings.
Market research firm Frost & Sullivan predicts that the global chemicals market will grow at a CAGR of 4.6 percent from 2012-2015 with Asia as the fastest growing region in the world.
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