According to a report released by Research and Markets, there is a major shift in the production of global paints and coatings, which is moving away from developed regions, such as Europe and the U.S., to developing economies, such as China and India.
CHEM Research, a specialized market research and consultancy firm, completed a recent analysis of the growth of the global market for paints and coatings in the first half of 2020.
For the first time, ACA is offering two of its longstanding industry studies in tandem to provide a fuller view of the domestic and international markets; and the future direction of the industry, technology, and the competitive landscape.
According to a newly released market study, U.S. demand for paint and coatings is forecast to grow 3.8 percent annually to 1.4 billion gallons in 2019, valued at $31.5 billion.
The American Coatings Association (ACA) announced the publication and availability of its ACA Industry Market Analysis, 9th Edition (2014-2019). The market study profiles the performance of the coatings industry’s 19 market sectors, offering insightful analysis, and provides projections for sector performance for the five-year period.
In some cases, a company has a product and knows immediately where it should go. GVD Corp. was not one of those cases. The MIT spinoff had developed a new approach to making polymer coatings, which had substantial industry interest. The problem was finding the specific market.
According to a new report by research firm RNCOS, the industrial paint market in India is growing at a high rate backed by a boost in demand for automobiles.