Kerry Pianoforte, Editor11.11.19
The global exterior architectural coatings market size was valued at $20.92 billion in 2017 and is projected to surpass $29 billion by 2025, according to a study by Adroit Market Research. This can be attributed to increased demand for paint and coatings in the construction industry. Architecture accounts for the majority of the demand for coatings, paint tand varnishes.
According to Adroit, demand for architectural coatings will be fueled by the healthy growth in residential construction spending, particularly in developing regions.
“Overall in PPG’s architectural coatings business, the Comex business continues to perform very well and continues its growth by adding nearly 100 concessionaire locations year-to-date,” said Paul Fagley, PPG global finance director, architectural coatings. “Organic sales growth continued for the architectural coatings EMEA business, driven by higher selling prices. Sales volumes were slightly down and mixed by country. Overall, fourth-quarter net sales are expected to be lower sequentially due to normal seasonal patterns and one less shipping day versus the prior-year quarter. Industry dem
According to Adroit, demand for architectural coatings will be fueled by the healthy growth in residential construction spending, particularly in developing regions.
“Overall in PPG’s architectural coatings business, the Comex business continues to perform very well and continues its growth by adding nearly 100 concessionaire locations year-to-date,” said Paul Fagley, PPG global finance director, architectural coatings. “Organic sales growth continued for the architectural coatings EMEA business, driven by higher selling prices. Sales volumes were slightly down and mixed by country. Overall, fourth-quarter net sales are expected to be lower sequentially due to normal seasonal patterns and one less shipping day versus the prior-year quarter. Industry dem
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