Despite some challenges the outlook is positive, with steady growth across a number of sectors, from an increase in single-family construction and residential green building, to the growing remodeling market, to the expected entrance of millennials into the home-buying market.
Driven by large and widespread feedstocks and government incentives, Southeast Asia is positioned to be a hub for biobased materials and chemicals (BBMC), according to Lux Research.
According to a new study by the market research institute Ceresana, worldwide demand for paints and varnishes accounted for almost 40 million tonnes in 2014. The report gives an analysis up to the year 2022.
BASF's new trend collection is entitled RAW. The 2015-2016 BASF collection features approaches for the display of social trends and translates them into distinctive colors.
This article discusses consolidation in the coatings industry, challenges pigment manufacturers face, steps taken to develop new products and the future direction of the pigment market.