The MarketsandMarkets report highlights the construction industry's demand for eco-friendly and healthier coating systems and the rising need to improve performance, durability, and aesthetics as key factors contributing to the predicted growth.
As the paint and coatings industry grows, there are ample opportunities for entrepreneurs to start a painting business. Whether you choose to go the franchising route or start a business from scratch, there are various factors to consider before making the big move.
Hydrophobic coatings, designed to repel water and resist wetting, find applications in sectors such as automotive, construction, electronics, and textiles. This report by Persistence Market Research discusses the trends, opportunities, and challenges with water-repellent solutions.
"We delivered significant year-over-year cash flow improvement in 2023, including a strong fourth quarter finish, which underscores our ongoing prioritization of working capital management," said Ed Breen, DuPont Executive Chairman and Chief Executive Officer.
Highlights of the results include a net sales increase of 4.9% year-over-year to $1.3 billion, a net income increase of $30 million year-over-year to $74 million, and an adjusted EBITDA increase of $43 million year-over-year to $251 million.
Highlights of the report include a 12% volume growth and 5.5% value growth in the company's Decorative Business segment in addition to showing a consistent double-digit volume growth trend on a four-year CGR basis.
RSS
