Kerry Pianoforte, Editor01.07.19
Coatings World: How did the pigments market perform in 2018?
BASF: Globally, there is at present a lot of uncertainty in the pigment market: the effect of potentially increased trade barriers between U.S. and China (and potentially others) is difficult to estimate and stays a reason for concern. Also, a private spending dip in China as well the environmental politics which might have an impact on availability and cost of raw materials increase uncertainty. In addition, the “diesel scandal” in Europe clearly puts a burden on European car production and hence the demand for automotive coatings. And there is the Brexit. All together lots of factors that contribute to uncertainty which will make the start into 2019 difficult. Due to this background, the growth expectations for automotive coatings throughout all regions are not positive which results in the expectations of a downturn for at least the first quarter in 2019.
Clariant: In 2018, the organic pigments market continued to develop in line with the coatings
BASF: Globally, there is at present a lot of uncertainty in the pigment market: the effect of potentially increased trade barriers between U.S. and China (and potentially others) is difficult to estimate and stays a reason for concern. Also, a private spending dip in China as well the environmental politics which might have an impact on availability and cost of raw materials increase uncertainty. In addition, the “diesel scandal” in Europe clearly puts a burden on European car production and hence the demand for automotive coatings. And there is the Brexit. All together lots of factors that contribute to uncertainty which will make the start into 2019 difficult. Due to this background, the growth expectations for automotive coatings throughout all regions are not positive which results in the expectations of a downturn for at least the first quarter in 2019.
Clariant: In 2018, the organic pigments market continued to develop in line with the coatings
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