The Architectural Coatings Market

Architectural coatings manufacturers Coatings World spoke with reported that overall, 2012 showed improvements in sales and demand. Several factors have contributed to this increased demand, including an improvement in the U.S. housing market and overall economy. 

“The interior architectural coatings market has shown a positive upward trend through 2012 as the housing market and economy are starting to recover,” said Sean Morris, brand manager at Valspar. “This recovery is giving consumers more confidence in investing in new home purchases and home improvement projects such as painting. We foresee this upward trend continuing through 2013.”

“The third quarter was a solid quarter for Sherwin-Williams in terms of both sales and profit improvement,” Chris Connor, chairman and CEO, The Sherwin-Williams Company said at a recent Q3 earnings call. “Consolidated sales increased almost five percent, despite soft market conditions and currency headwinds across most of our non-domestic markets. We also had to overcome the diminishing effect from last year’s price increases and a strong revenue growth comparison