AkzoNobel is a leader in the manufacture of paints and coatings with operations in more than 150 countries. The company employs approximately 34,500 people around the world.
The Sherwin-Williams Co. is a global leader in coatings and related products. Selling to professional, industrial, commercial and retail customers, Sherwin-Williams branded products are sold in over 5,100 paint stores in the United States, Canada and the Caribbean.
PPG's global coatings businesses include paints, coatings and specialty materials for the aerospace, architectural, automotive OEM, automotive refinish, industrial, packaging, and protective and marine markets, along with coatings services.
This article, the third in a four-part series, discusses managing product development efforts differently before and after what we call the Moment of Commitment, and the role of an engaged executive in the process.
The global coatings additives market is witnessing increasing demand from various industries. Coatings additives are a specialized group of chemically engineered materials that find application in a number of industries. They impart excellent chemical properties to the formulation, including improved wettability, dispersion, rheology, UV protection, chemical resistance and high-temperature stability.
Research firm Global Market Insights Inc. has released a report that forecasts the market for powder coatings will exceed a revenue of $16.5 billion by 2024.
The size of the global powder coatings market in 2017 was USD 9.33 billion and is projected to reach USD 14.70 billion by 2025, growing at a CAGR of 5.8% over the forecast period. Major factors that are driving the market are increasing demand from end-use industries including automotive, consumer goods, architectural, general industries and furniture.
According to a report published by Research Cosmos, the global coatings additives market was $6.39 billion in 2015 and is likely to reach $9.19 billion by 2021.
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