In 2010, the global coating market hit about $90 billion and is expected to grow about 10 percent to $99 billion in 2011. This information is presented in “Global and China Coating Industry Report, 2010-2011,” a new research report developed by ResearchInChina that has been recently published by Market Publishers Ltd.
The demand for coatings is expected to present countless opportunities for suppliers of raw materials and finished products in the Sub-Saharan Africa (SSA) region. Increasing urbanization and the growth of the middle class are also set to promote market prospects.
Industry analyst firm NanoMarkets announced the addition of a new report to its January publication schedule titled “Conductive Coatings in Electronics and Related Applications.” The report will be released the week of January 23.
The Battelle-R&D Magazine’s annual Global R&D Funding Forecast shows global research and development (R&D) spending is expected to grow by about 5.2 percent in 2012 to more than $1.4 trillion.
The Western European market for construction adhesives will grow by 1.8 percent in terms of value in 2011. The recovery from the economic crisis, which hit the construction industry significantly in 2008, began in 2010 and continues in 2011. A new study by Interconnection Consulting shows that the gradual upswing of the construction industry in Germany is the main driver of this turnaround.
Ceresana Research has released its autumn survey of the chemical industry. The survey reveals an optimistic business climate in highly competitive markets, and reports that growing competition and considerable increases in R&D expenditures will dominate global chemical markets during the next months.
Global demand for thermoplastic elastomers (TPEs) is forecast to rise 6.3 percent per year to 5.6 million metric tons in 2015. Gains will represent acceleration from the pace of the 2005-2010 period, as motor vehicle production − the leading outlet for TPEs − rebounds in the United States and Western Europe.
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