The final version of the revised standard for quality management systems is scheduled for release by the International Organisation for Standardisation (ISO) in autumn 2015. Many organisations have already started to address the expected changes, which are aimed at strengthening the benefits of quality management.
These suppliers share their perspectives on the current market, industry drivers, steps they take when developing new products and challenges that formulators face.
Involved as they are in widely diverse fields, these new companies have a common focus: continuous development of sustainable and environmentally acceptable products and processes.
Industry analyst firm n-tech Research has released a new report titled Markets for Self-Healing Materials: 2015-2022. According to the report, self-healing materials (reversible polymers, inorganic capsule and vascular systems, biomaterials, relevant shape memory materials and other self-healing coatings) will grow to around $2.7 billion by 2020.
GCiS China Strategic Research estimates that the domestic market for metal surface treatment chemicals in China was valued at over RMB 16.4 billion, or $2.6 billion, at the end of 2014.
According to a report by Grand View Research, the global aniline market is expected to grow due to increasing demand for MDI as an intermediate to produce sealants, elastomers, coatings and adhesives in the polyurethane industry.
World demand for dyes and organic pigments is expected to grow 6.0 percent per year to $19.5 billion in 2019. Rising consumer spending will drive increased demand for organic colorants in textiles and plastics, while strong growth in global construction activity will boost demand in paints and coatings.
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