Catherine Diamond, Associate Editor03.31.17
The resins market has continued to exhibit signs of growth over the last several years. Multiple factors have contributed to this market’s expansion, including the global health of the coatings market as a whole. According to Sheryl Southwell, president of Specialty Polymers, increased residential and commercial construction activity is a major driver of growth both domestically and globally.
“It seems like every mid-size to large city I visit has several multi-family housing developments under construction,” she said. “There is also increased activity in the packaging industry that is propelled by expanding food, beer and wine markets. Add to this the expectation of increased spending for repair and replacement of aging infrastructure.”
Globally, home and commercial construction is rising, something Arkema, Eric Dumain, North American commercial director for Coatings, said benefits not only the coatings industry, but the adhesives and sealants markets as well.
“The economy in general is growing stronger and we are seeing the ‘wealth effect’ directly influence the sale of coatings,&rdqu
“It seems like every mid-size to large city I visit has several multi-family housing developments under construction,” she said. “There is also increased activity in the packaging industry that is propelled by expanding food, beer and wine markets. Add to this the expectation of increased spending for repair and replacement of aging infrastructure.”
Globally, home and commercial construction is rising, something Arkema, Eric Dumain, North American commercial director for Coatings, said benefits not only the coatings industry, but the adhesives and sealants markets as well.
“The economy in general is growing stronger and we are seeing the ‘wealth effect’ directly influence the sale of coatings,&rdqu
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