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Thursday, 19 September 2019
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Markets & companies, Coatings market

The U.S. coatings industry: resetting at a lower level

Monday, 25 June 2012

The industry will come back to historical growth rates through 2016

The U.S. coatings industry is slowly recovering from the depths of the 2008-2009 recession. In 2011 consumption was 3.55 million MT of solids (which excludes water and solvent volume) worth USD 23.1 billion. The industry reached its peak in 2006 when volume was 4.33 MM metric tons worth USD 23.8 billion. Volume in 2011 is down 18 % from 2006 but value in USD is only off by 3 %. The average cost of a ton of paint solids has risen from USD 5,497 in 2006 to USD 6,507 in 2011, an increase of 18 %. Read the entire article in the upcoming July-issue of European Coatings JOURNAL.

Coatings consumption & forecast by segment (Thousand MT Solids). Source: Kusumgar, Nerlfi & Growney, Inc.

Coatings consumption & forecast by segment (Thousand MT Solids). Source: Kusumgar, Nerlfi & Growney, Inc.

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