• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Pigments Market

    The Architectural Paint Market Enjoys a Strong 2022

    The Buyers’ Guide

    Auto Refinish Market

    The 2022 Protective Additives Directory
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    Caren Hoffmann Appointed Vice President for BASF Mining Solutions

    Microban International Announces Four Senior Hires

    PPG Completes COLORFUL COMMUNITIES Project in Denmark

    10 Partners of the Automotive Industry Form JV, Cofinity-X

    BASF Recognized as Top Company for Supplier Diversity
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    PPG Completes COLORFUL COMMUNITIES Project in Denmark

    PPG’s SEM Products Business Launches VCS Hybrid Cup System for the Refinish Market

    Mankiewicz Selects ‘Feel Good’ Hues for 2023 Colors of the Year

    ROSS Offers Heavy-Duty Three Roll Mills for High Viscosity Dispersions

    PPG Achieves ISO 14001 Certification of Environmental Management System
    Additives
    Binders
    Pigments
    Solvents

    SAFIC-ALCAN to Distribute Scott Bader Acrylics & Rheology Modifiers in France

    EPS Launches New Acrylic DIrect-to-Metal Polymer

    Evonik, Partners Launch PlasCO₂ Project for C4 Chemicals Production

    Dr. Ranjini Murthy to Join Azelis Americas as SVP of Commercial and Digital Excellence

    Univar Solutions Announces New Distribution Relationship
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Active Minerals

    W. R. Grace & Co.

    Arkema

    Clariant Additives

    Shepherd Color Company, The
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Saudi Arabia Coatings Show

    Southern Society for Coatings Technology Annual Meeting and Technology Conference

    Eastern Coatings Show

    CPCA Annual Conference

    66th Annual Sink or Swim
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Active Minerals

    W. R. Grace & Co.

    Arkema

    Clariant Additives

    Shepherd Color Company, The
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Freedonia Group's report forecasts global demand for paint and coatings to rise 5.4 percent per year

    ...

    02.15.12
    Global demand for paint and coatings is forecast to rise 5.4 percent per year to 45.6 million metric tons in 2015, valued at $142 billion, according to Freedonia Group's report, "World Paint & Coatings." Advances will be driven by a strong acceleration in world building construction spending, particularly residential construction, which is expected to rebound in North America and Western Europe.

    Healthy growth in global manufacturing activity will also fuel increased demand for coatings used in the production of motor vehicles and other durable goods, as well as industrial maintenance applications. Solvent-based paint and coatings will continue to see their share of the market decline in both developed and developing markets, as ongoing efforts to reduce the emission of volatile organic compounds (VOCs) are favoring alternative formulations.

    The Asia Pacific region will remain the leading consumer of paints and coatings through 2015, and will also see the most rapid gains. Regional demand will be fueled by China and India, the two largest markets in Asia and two of the fastest-growing coatings markets in the world.

    Above-average gains are also forecast for North America, rebounding strongly from the declining demand of the 2005-2010 period. Coatings demand in the region will benefit from a greatly improved outlook for building construction and manufacturing activity in the United States.

    While paint and coatings demand in Western Europe will see a similar recovery from recent declines, the region will remain the world's slowest-growing market. Among the other areas of the world, best opportunities are expected in the Africa/Mideast region, where paint demand per capita is the lowest in the world.

    Architectural markets will continue to account for a majority of global paint and coatings demand in 2015. Demand for architectural paint will be fueled by healthy growth in residential construction spending, particularly in the United States, Western Europe and Japan. Coatings demand in manufacturing applications will benefit from a pickup in world motor vehicle production, as well as an improvement in building construction activity, which will drive demand for furniture coatings. Maintenance and specialty coatings markets will see moderately slower gains, restrained by a downturn in marine applications, as well as a more negative outlook for vehicle refinish coatings in the developed countries of the world.

    Regulatory and environmental issues are driving continued reformulation efforts in the paint and coatings industry. As paintmakers increasingly seek to reduce the VOC content of their products, water-based coatings, powder coatings and other high-solids formulations will gain market share at the expense of solvent-based coatings. However, developing countries with little or no VOC regulation will see a slower trend toward water-based coatings than elsewhere in the world. Additionally, many markets will continue to be dominated by solvent-based formulations for the foreseeable future, including marine coatings, automotive refinishes and corrosion protection coatings.
    Related Searches
    • paints
    • Powder Coatings
    • Marine Coatings
    • voc
    Related Knowledge Center
    • Marine Coatings
    • Powder Coatings
      Loading, Please Wait..
      Trending
      • Minwax Brand Announces Gentle Olive As Its 2022 Color Of The Year
      • PPG Reports Fourth Quarter, Full-Year 2022 Financial Results
      • 10 Partners Of The Automotive Industry Form JV, Cofinity-X
      • BASF Recognized As Top Company For Supplier Diversity
      • Eastman Acquires Dalian Ai-Red Technology
      Breaking News
      • Caren Hoffmann Appointed Vice President for BASF Mining Solutions
      • Microban International Announces Four Senior Hires
      • PPG Completes COLORFUL COMMUNITIES Project in Denmark
      • 10 Partners of the Automotive Industry Form JV, Cofinity-X
      • BASF Recognized as Top Company for Supplier Diversity
      View Breaking News >
      CURRENT ISSUE

      January 2023

      • Pigments Market
      • The Architectural Paint Market Enjoys a Strong 2022
      • View More >

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      NPA Announces Annual Capitol Hill Advocacy ‘Fly-In’ Day
      GOED Elects New Board Officers for 2023
      Aspire Hires Darrec Jones as VP of Business Development
      Coatings World

      Latest Breaking News From Coatings World

      Caren Hoffmann Appointed Vice President for BASF Mining Solutions
      Microban International Announces Four Senior Hires
      PPG Completes COLORFUL COMMUNITIES Project in Denmark
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      Freudenberg Medical Adds Silicone Extrusion Capabilities in Massachusetts
      Positive Long-Term Prospects for Japanese Diabetes Care Market
      Digital X-Ray is as Effective as Lung Ventilation Perfusion in Detecting CTEPH
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Bristol Myers Squibb 4Q Results
      Actinium, NCI Partner to Develop Actimab-A in AML
      Astellas Announces New President and CEO and Management Structure
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Old Spice Introduces New Mascot and Launches ‘Smelf-Confidence’ Campaign
      KVD Beauty Launches Good Apple Serum Foundation
      Interpack 2023 to Focus on Sustainability
      Happi

      Latest Breaking News From Happi

      EvaClean Promotes Nicole Slacik to Executive Vice President, Healthcare
      Personal Care Brand Odele Expands into Ulta Beauty
      Clorox’s Eric Reynolds Elected Chair of American Cleaning Institute’s Board of Directors
      Ink World

      Latest Breaking News From Ink World

      Mexar Limited Awarded OEKO-TEX ECO PASSPORT Certification
      Graphic Packaging Named to Fortune's List of World's Most Admired Companies
      CDP Awards Amcor an A- for Ongoing Work on Climate Change Disclosure
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Fujifilm expands RxD inkjet pigment dispersions color range
      Anderson & Vreeland acquires flexo consumable assets from Grimco
      Hamillroad Software's Bellissima DMS honored in Brazil
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Avgol to Showcase Algaeing Colorants and Fibers at Filtech
      Uster to Host Webinar on Zero-Level Contamination Control
      Typar Expands Drainable Wrap Line
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      Steady Growth Forecast for Global Orthobiologics Market
      ODT's Most-Read Stories This Week—Feb. 4
      Toetal Solutions Secures $1.8 Million in New Financing
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      onsemi Exceeds 4Q 2022 Expectations
      Emerson Launches Ovation Green Software Portfolio
      Graphene Flagship Researchers Examine Applications for Space

      Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login