Tim Wright01.17.07
These days there are several key issues facing additive suppliers to the paint and coatings industry. More than anything else, the rising cost of crude oil is negatively impacting all manufacturers of products that get their start in those high-priced barrels.
In addition to raw material and energy price increases, growing competition from emerging regions, and increasing regulatory restrictions are other key challenges suppliers of additives must overcome.
Industry leaders Coatings World spoke with talked about these issues and others. All agreed that, among other strategies, innovation in the development of new technologies is a vital component moving forward in the years ahead as the dynamics of the coatings industry continue to shift and take shape around these issues.
The estimated value of the global market for additives used in paint and coatings is $4.5 billion, which accounts for the sale of surfactants, biocides, thickeners and various "other" materials, according to The Chemark Consulting Group, a consulting firm focused on the coatings, adhesives and sealants industries based in Southern Pines, NC.
The North Amer
In addition to raw material and energy price increases, growing competition from emerging regions, and increasing regulatory restrictions are other key challenges suppliers of additives must overcome.
Industry leaders Coatings World spoke with talked about these issues and others. All agreed that, among other strategies, innovation in the development of new technologies is a vital component moving forward in the years ahead as the dynamics of the coatings industry continue to shift and take shape around these issues.
The estimated value of the global market for additives used in paint and coatings is $4.5 billion, which accounts for the sale of surfactants, biocides, thickeners and various "other" materials, according to The Chemark Consulting Group, a consulting firm focused on the coatings, adhesives and sealants industries based in Southern Pines, NC.
The North Amer
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