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The report, titled Sustainability in the Global Paint & Coatings Industry, emphasizes the critical role coatings and the global industry play in contributing to the United Nations’ Sustainable Development Goals (SDGs), as framed by nine specific SDGs where industry can have the greatest impact.

Research and Markets’ new report projects the global market for decorative paints and coatings to 2027, including projections for products across the acrylic and vinyl segments. It features over 42 companies and includes new sections, like market presence across multiple geographies and global competitiveness.

Ten companies from the chemical industry and respective downstream sectors got together to test the digital system. Circularise’s blockchain-based digital system was tested with the ISCC PLUS certification to make auditing of certified parties more efficient, and to strengthen the integrity of certified data.

AkzoNobel has completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal that strengthens the company’s performance coatings portfolio. The acquired business will expand AkzoNobel’s existing powder coatings offering as well as the range of products the company supplies. The deal was first announced in July 2022.

Edward Bulmer Natural Paint has secured a six-figure funding deal from NatWest, and its asset finance partner Lombard, to support its continued growth. The business, which is based in Pembridge, United Kingdom, produces a range of natural paints, and employs over 20 people.

The Shepherd Color Company has hired a new regional sales manager - APAC. With 20 years of experience in account management, research & development, technical sales, and marketing roles in the coatings industry, he will support customers and distributors in several countries, including India, Korea, Indonesia, Malaysia, Singapore, Vietnam, and Thailand. 

Researchers at the National Institute for Materials Science (NIMS) in Japan have automated a complex and labor-intensive process for analyzing the results of X-ray diffraction studies, which are used to determine the structure of crystalline materials.

According to the report, the global carbon nanotubes (CNT) market has experienced renewed growth recently, driven by demand for conductive materials for lithium-ion batteries for electric vehicles and other energy storage applications, with many producers greatly increasing production capacities.

HMG Paints sponsored a new project, City of Champions, during the 2022 World Cup. Students from across North Manchester, England, have celebrated the World Cup with a football-themed event at Manchester’s newest independent cultural venue, Love Factory.

SUSBINCO, which Teknos is a part of, is a research project based on the search for sustainable and safe alternatives to current fossil-based binders and coatings. The project was launched in response to the coating industry's need to replace fossil-based raw materials, and reduce greenhouse gas emissions.