Paint and Coating Market Reports

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The demand for industrial coatings continues to rise, fueled by expansions in the rail, electronics, and marine industries.

The report from Jotun underlines the crucial role that maintenance, especially corrosion management, plays in ensuring the safety, profitability, and environmental sustainability of oil and gas operations.

A recent report by MarketsandMarkets forecasts the global powder coatings market to grow through 2029, propelled by demand in emerging economies and diverse industrial sectors.

Read about how the innovative protective coatings market is revolutionizing different industrial sectors.

From coatings that extend shelf life to advanced protective finishes for a variety of substrates, innovations in packaging coatings are set to boost the industry through 2028.

"Once again, we see that it pays off to invest in the future in any economic situation," says Martin Babilas, CEO of ALTANA AG.

"Our balance sheet is strong, and we will remain disciplined in our approach to allocating capital to strengthen our company for the long-term and return cash to shareholders," said Peter R. Huntsman, President and CEO.

“The company made a number of strategic investments over the past five years that are showing impressive results," said Chase Bean, President and CEO.

The company reported second quarter sales in a challenging environment amidst falling sales prices. 

"With the solid second quarter performance and better visibility into the second half of the year, we are raising our full year 2024 guidance,” said Chris Villavarayan, CEO and President.