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.
The Asia-Pacific marine coatings market is expected to witness steady growth owing to robust development of the shipbuilding and offshore engineering industries in the region.
A new report by research firm MarketsandMarkets predicts that the renewable chemicals market will grow from an estimated $57.5 billion in 2012 to $83.4 billion by 2018, with a CAGR of 7.7 percent from 2013 to 2018.
It is July and along with barbeques and fireworks, it’s time for PCI’s annual listing of the top 10 global and the top 25 North American coating companies.
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