In high growth regions demand for architectural coatings continues to grow, but in the mature markets of North America and Western Europe difficult conditions remain.
Although still not back to pre-recession levels, the pigments market has continued to
recover. Pigment companies are reporting a decrease in supply issues and an increase in demand for certain market segments, such as automotive coatings.
Environmental pressures and the growing shift toward water-based paint systems are fueling demand for paint and coating additives, providing tremendous growth potential for additives suppliers.