Kerry Pianoforte, Editor 03.08.19
The Biennial Coatings Summit was held January 30-February 1at the Westin Vendone in Paris, France. The Summit began with a Welcome Reception where attendees and presenters had the opportunity to socialize and network.
The first day of the Summit began with presentations given by some of the top coatings companies in the world.
Charles Shaver, chairman of Axalta Coating Systems presented “Global Strategies for Growth.” Shaver began with an overview of the paint and coatings industry and identified opportunities for growth. He said that the paint and coatings industry remains fragmented with the top nine players taking 49 percent market share. According to Shaver, slow organic growth coupled with raw material and cost headwinds is driving market compression.
M&A activity continues to be a major growth driver. China, and particularly Millenials, are rapidly becoming a larger segment of the market.
“Other industries have adopted approaches to rapid innovation in order to respond to changing preferen
The first day of the Summit began with presentations given by some of the top coatings companies in the world.
Charles Shaver, chairman of Axalta Coating Systems presented “Global Strategies for Growth.” Shaver began with an overview of the paint and coatings industry and identified opportunities for growth. He said that the paint and coatings industry remains fragmented with the top nine players taking 49 percent market share. According to Shaver, slow organic growth coupled with raw material and cost headwinds is driving market compression.
M&A activity continues to be a major growth driver. China, and particularly Millenials, are rapidly becoming a larger segment of the market.
“Other industries have adopted approaches to rapid innovation in order to respond to changing preferen
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