Kerry Pianoforte, Editor06.08.16
The industrial coatings market is quite diverse owing to its varied applications. It encompasses protective coatings for architectural steel, transportation and oil and offshore structures, just to name a few segments.
Industrial coatings must protect substrates in some of the harshest conditions. Environmental legislation has added to the challenge, by forcing coatings manufacturers to develop durable coatings that both meet environmental regulations and deliver outstanding performance.
We interviewed leaders in the industrial coatings market including Axalta, Hempel, Sherwin-Williams, AkzoNobel and Hempel to see how they remain competitive in such a challenging market. Across the board these market leaders stressed the importance of understanding customers’ goals and letting that be the guide to new innovation, products and services.
According to market research firm IRL, general industrial coatings is estimated to have reached almost 7.6 million metric tons in 2015, with sales expected to reach more than 8.9 million metric tons by 2020. In terms of value, global sales of general industrial coatings reached $23 billion in 2015. Asia accounted for the largest share of the market despite having a substantially lower average price compared to Western economies. Europe followed Asia closely in terms of the revenue generated, although with a substantially lower volume sold.
Correction: The Lab and Testing Equipment Directory in the May issue had an error in it. The correct listing for Atlas Material Testing is as follows:
Atlas Material Testing Technology, LLC
Mount Prospect, IL, USA
773-327-5787 /Fax: 773-327-4520
Email: atlas.info@ametek.com / Web: www.atlas-mts.com
• Low-Temperature EMMAQUA Device
Atlas’ Low-Temperature EMMAQUA device performs natural exposure testing on materials at significantly cooler temperatures. With its patented “cool mirror” technology, the LT-EMMAQUA is ideal for materials that require a long service life, coatings applied to metal panels, and temperature-sensitive materials.
Industrial coatings must protect substrates in some of the harshest conditions. Environmental legislation has added to the challenge, by forcing coatings manufacturers to develop durable coatings that both meet environmental regulations and deliver outstanding performance.
We interviewed leaders in the industrial coatings market including Axalta, Hempel, Sherwin-Williams, AkzoNobel and Hempel to see how they remain competitive in such a challenging market. Across the board these market leaders stressed the importance of understanding customers’ goals and letting that be the guide to new innovation, products and services.
According to market research firm IRL, general industrial coatings is estimated to have reached almost 7.6 million metric tons in 2015, with sales expected to reach more than 8.9 million metric tons by 2020. In terms of value, global sales of general industrial coatings reached $23 billion in 2015. Asia accounted for the largest share of the market despite having a substantially lower average price compared to Western economies. Europe followed Asia closely in terms of the revenue generated, although with a substantially lower volume sold.
Correction: The Lab and Testing Equipment Directory in the May issue had an error in it. The correct listing for Atlas Material Testing is as follows:
Atlas Material Testing Technology, LLC
Mount Prospect, IL, USA
773-327-5787 /Fax: 773-327-4520
Email: atlas.info@ametek.com / Web: www.atlas-mts.com
• Low-Temperature EMMAQUA Device
Atlas’ Low-Temperature EMMAQUA device performs natural exposure testing on materials at significantly cooler temperatures. With its patented “cool mirror” technology, the LT-EMMAQUA is ideal for materials that require a long service life, coatings applied to metal panels, and temperature-sensitive materials.
