The Symposium began with a state of the industry update from Phil Phillips of the Chemark Consulting Group. His presentation, “State of the Industry…Where Will the Coatings Technologies be in 2015?” offered a broad view of the global coatings market. “The global paint and coatings market reached an estimated $89.5 billion through the end of 2010,” said Phillips. “This global market figure is forecasted to increase with a modest compound annual growth rate (CAGR) of 3.1 percent for the period of 2010 to 2015 and reach $104.2 billion by the end of 2015.”
“Waterborne paint and coating technologies are the largest environmentally friendly single technologies globally,” he continued
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