The Sherwin-Williams Co. was founded in 1866 by Henry Sherwin and Edward Williams. The company provides coatings and related products to professional, industrial, commercial, and retail customers in paint stores in the United States, Canada, and the Caribbean.
The report from MarketsandMarkets projects market growth driven by a surge in demand attributed to stringent regulations imposed by various governments on the permissible levels of VOCs.
A recent study by Grand View Research explores over 1,000 markets at regional and global levels, highlighting the CASE, paint and coatings, and packaging industries, among others, as drivers.
New companies are investing heavily in R&D to introduce innovative titanium dioxide, including a start-up that has developed a cellulose-based titanium dioxide.
As we reach the mid-point of 2024, there are a lot of questions surrounding market strength, trends, and challenges in the coatings industry. PCI recently interviewed Renata Rodrigues, Head of LANXESS Inorganic Pigments Americas, to get her input on the current state of the pigments segment of our industry.
The textile coatings market is witnessing substantial growth. Technological advancements are driving the demand for textile coatings in various end-use industries such as transportation, building and construction, protective clothing, industrial, medical, and other industries.
The rapid growth of the automotive EV sector, growing urbanization, increasing disposable income, and increasing gross domestic product drive the powder coatings market, according to the report from MarketsandMarkets.
While the company saw a decline in revenue over sales generated in the same quarter of the previous year, the gross profit margin of 15.3%, was similar to Q1/2023.
The new report from Allied Market Research shows that economic growth, urbanization, and increasing construction activities continue to drive demand in flooring, furniture, doors, windows, and other architectural woodwork.
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