Created with Sketch.

19. Nov 2020 | Raw materials

Growth in the global paints and coatings market in Q3 2020

According to the B2B market research institute Chem Research, the global market for coatings and inks grew by +1 % on a volume basis in the third quarter of 2020 compared to 2019.

A graphic symbolises economic growth.

The industrial coatings market is not expected to recover until 2021. Image source: William_Alexander . stock.adobe.com (symbol image).

Compared to the previous quarter (Q2-2020), this represents an increase of + 9 %. Architectural coatings grew by + 6.5 %, while industrial coatings lost - 6.5 % compared to the previous year.

Strong demand in the DIY segment

The growth in architectural coatings is largely the result of strong demand in Europe and North America in the DIY segment. The industrial coatings market is not expected to recover until 2021.

Detailed information on the development of the market and the TOP global players can be found in the Chem-Research study "TOP 11 Global Paint and Coating Producers Quarterly Review".

Chem Research is a B2B market research and consulting institute specializing in paints & coatings, adhesives & sealants. Since 1991, it has been producing analyses and concepts as the basis for successful marketing strategies and sustainable business development.

Additives for water-borne coatings

Books

Additives for Water-borne Coatings

Water-borne systems are the coatings of the future. The market is developing an insatiable appetite for ecologically sound coatings based on renewable raw materials. The demands on coating performance are at least as high as those on environmental compatibility. Additives help to protect the environment by effectively reducing the use of organic solvents. Many of today’s water-borne coatings could not be formulated without them. When incorporated into water-borne paints, coatings and printing inks, they enhance both the production process and the performance of the applied inks and coating materials. Additives for water-borne coatings is a must read for formulators wishing to brush up on water-borne coating systems, as well as experts seeking to have detailed knowledge at their finger tips.

Tags

This could also be interesting for you!

0 Comments

You are currently not logged in

To leave a comment, please log in.

Login
For continuously improving and optimizing our websites, we use cookies. By using our website, you agree to the usage of cookies. For more information, please visit our Privacy policy.
Accept