Material science startups face unique challenges in scaling innovations for coatings, requiring significant investment, strategic partnerships and extended development timelines.
A new report by MarketsandMarkets projects the roof coating market to grow through 2029, driven by increased demand for energy-efficient and protective coatings.
The American Coatings Association has announced the release of its Global Market Analysis for the paint and coatings industry, with forecasts extending through 2029.
Environmental regulations drive the demand for VOC-free coatings, while Asia Pacific emerges as the leading producer and consumer of industrial coatings.
Significant growth of the construction industry, environmentally friendly characteristics, durability, and better aesthetic appearance are all driving architectural coatings consumption. Increasing investments in emerging markets and less-regulated regions provide growth opportunities for market players.