Transcript
Page 1: Protective coatings market – global trends & forecast to 2019

6 OCTOBER 2014

F O C U S O N P O W D E R C O A T I N G S

continuous expansion of thepowder coatings sector in Europe.

Original Source: Coatings World, May 2014,19 (5), 20-21 (Website:http://www.coatingsworld.com) © RodmanPublishing 2014

Protective coatings market –global trends & forecast to 2019

According to the report entitled“Protective Coatings Market byResin Type (Alkyd, Acrylic, Epoxy,Polyurethane, Polyester &Others), by Technology (SolventBorne, Water Borne, Powder &Others) & by Application – GlobalTrends & Forecast to 2019” byReportlinker, the market size interms of value of protectivecoatings was estimated to be$10,594.6 M in 2013, and isprojected to grow with a CAGR of9.75% from 2014 to 2019.

Original Source: Reportlinker Inc, 2014.Found on PR Newswire, 30 Jul 2014,(Website: http://www.prnewswire.com)

Global titanium dioxide marketfrom 2014 to 2020: TMR

Transparency Market Researchhas published a new marketreport titled “Titanium DioxideMarket – Global IndustryAnalysis, Size, Share, Growth,Trends and Forecast, 2014-2020.”According to the report, the globaltitanium dioxide market wasvalued at $13.14 bn in 2013 andis anticipated to reach $17.12 bnby 2020, expanding at a CAGRof 3.8% from 2014 to 2020. In2013, paints and coatings wasthe largest application segmentfor titanium dioxide andaccounted for over 50% of themarket share. This trend isexpected to continue during theforecast period. The plasticssegment is anticipated to be thefastest growing applicationsegment owing to high growth inend-user industries such aspackaging and automotive. AsiaPacific dominated the globaltitanium dioxide market with ashare of over 40% in 2013. Thistrend is estimated to continueduring the forecast period. Asia

Pacific is also projected to be thefastest growing region in the nextfew years due to high growth inseveral end-use industries inemerging economies of India andChina. The titanium dioxidemarket is consolidated, with thetop four players constituted over50% of the global market sharein 2013. Major players in thetitanium dioxide market includeDuPont, Cristal Global, KronosWorldwide and Tronox Limited.

Original Source: Transparency Marketresearch, 2014. Found on SpecialChemCoatings and Inks Formulation, 6 Aug 2014,(Website:http://www.specialchem4coatings.com)

Powder coatings market demandto 2018: TMR

The global demand of powdercoating products was worth1,680,000 tonnes in 2011 and isexpected to reach 2,667,600tonnes by 2018, by observinggrowth at a CAGR of 6.8%. Interms of revenue, this market wasvalued at $6.5 bn in 2011,growing at a CAGR of 7.2% toreach $10.5 bn by 2018. Repre-senting nearly 20% demands inthe global industry, the cookingand household appliancessegment led the global market ofpowder coating in 2011. Demandfrom the automotive segment isexpected to observe growth at aCAGR of 7% until 2018. The AsiaPacific region, which consumedpowder coatings worth more than700,000 tonnes in 2011,represents the leading segment ofthis market on a global front. Theregion could continue to lead theglobal market of powder coatingin the coming years.

Original Source: Transparency MarketResearch, 2014. Found on SpecialChemCoatings and Inks Formulation, 5 Aug 2014,(Website:http://www.specialchem4coatings.com)

High performance and specialeffects pigments market

The high performance and specialeffect pigments market iscontinuously growing. Growth withhigh performance pigment reds

and blues is caused by SUV andautomotive sport models. Chinahas emerged as a majorconsumer of automotive pigments.The emerging markets, such asIndia, Eastern Europe and China,are still the markets where percapita gross domestic producthas the fastest growing rate.Increasing prices of raw materialsdo not affect some companies,such as BASF. The companyprevents passing along increasedraw material prices with enhancedoperational efficiency and capacityutilization. Sunfast ElastomerBlack, SunMica Exterior XC,Benda-Lutz MAXAL EC andBenda-Lutz SPLENDAL are thenew products that have beenlaunched by Sunchemical. Thenew 100% post-consumerrecycled rubber products are lowgloss black pigments that haveenhanced jetness forsolventborne, powder andwaterborne coatings. SunMicaExterior XC is a new series of 13pearlescent special effectpigments that is ideal for exteriorcoatings applications, especiallypowder coatings. Benda-LutzMAXAL EC has improved gassingstability in waterborne paint andoffers exceptional resistance toalkali and acid staining withoutaffecting the optical properties ofthe base aluminium flake.Recently, the company has addedproducts to its perylene line,which provides high transparentblue or yellow shade maroonsand works in both water andsolvent systems. Benda-LutzSPLENDAL is a microscopicallythin aluminium platelet suspensionthat allows coatings formulators tocreate dynamic liquid metal andchrome-like effects. Meanwhile,BASF has recently introducedseveral new products, includingPaliocrom line of silver dollaraluminium flake, Lumina Royalline of reduced particle sizedistribution mica pigments andGlacier line of synthetic mica.

Original Source: Coatings World, Aug 2014,19 (8), 37-38,40 (Website:http://www.coatingsworld.com) © RodmanPublishing 2014

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