Performance requirements for carbon black pigments are increasingly important in the development of advanced coating, ink and polymer formulations as the need for more eco-friendly products grows.
According to a new report by Ceresana, Konstanz, Germany, global demand for coatings is likely to reach 48 million metric tons in 2019, due to a rise in demand and increasing application possibilities for functional coatings.
According to an upcoming study by the consulting firm Kusumgar, Nerlfi, & Growney, global consumption of coatings in 2012 is projected to come in at 67 billion pounds, worth $120 billion.