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Eastern European paint market posts uneven performance as recovery beds in
FOCUS be "working alongside'' one another. BREEAM USA will begin to offer assessor training in October and has launched an "early adopter'' program, according to Building Green. Original Source: Durability and Design, 11 August 2016, (Website: http://www.durabilityanddesign.com) Copyright Technology Publishing Co. 2016
LUMIFLON FEVE resins provide color retention, corrosion resistance to auto coatings AGC Chemicals Americas offers LUMIFLON fluoroethylene vinyl ether (FEVE) resins to help automotive and aftermarket producers develop ultradurable coatings for cars and their components in a wide range of colors and glosses. The product is suitable for exterior coating systems that can be utilized on automobile bodies, door handles, doors, wheel emblems, bumper fascia, tail light lenses, aluminium wheels and lettering and logos. LUMIFLON-based topcoats have yielded more than five times the lifespan of acrylic urethane coatings usually used in the automotive industry. LUMIFLON resins are sold in conventional solvent grades, as well as powder coating, water-based resins and solid resins for the production of low VOC and HAPS free ecofriendly coatings. Original Source: Coatings World, Jul 2016, 21 (7), 109 (Website: http://www.coatingsworld.com), Copyright Rodman Media 2016
MARKETS Powder Coatings Market to Reach USD 12,332 Million by 2022 The powder coatings market is expected to generate $12,332 million by 2022. Powder coatings in the appliances segment occupied the major share in 2015 and is expected to maintain its lead throughout the analysis period. Powder coating provides economical, long lasting, and durable quality finish for metal parts and products. It offers benefits such as superior durability, scratch resistance, gloss retention, and resistance to chalking. It is mainly used for applications on metal parts exposed to extreme weather conditions. It adheres to the AAMA specifications and is an ecofriendly process. Powder coating are costefficient, as they do not contain solvents and volatile organic compounds (VOCs). In addition, over-sprayed powder coating can be retrieved and recycled for use, thereby reducing cost. The demand for powder coatings has increased owing to growing technological advancements and increasing demand from applications, namely, architectural; appliances; automotive; furniture; agriculture, construction, and earthmoving equipment (ACE); general industrial; and others. Strict environmental regulations also boost the growth of this market. The market has witnessed moderate growth during the past few years and is expected to
September 2016
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POWDER
grow at a CAGR of 6.3%, in terms of volume, during the forecast period. Appliances segment dominated the world powder coating market with more than 20% share in terms of volume, generating 454 kilo tons in the year 2015. This application for powder coating is expected to grow at the highest CAGR during the forecast period. The Asia-Pacific market for powder coatings is expected to grow at the highest CAGR in terms of both volume and value, due to its stable economy, increasing disposable income, and improving standards of living in countries such as China, Japan, Singapore, Malaysia, and Vietnam. The market is expected to witness rapid growth during the forecast period due to proactive government measures to promote the use of eco-friendly coating systems such as powder coatings. The Chinese metal furniture industry is expected to witness rapid growth during the forecast period, owing to availability of inexpensive raw materials. In Asia-Pacific region, the automotive industry is expected to grow, owing to growth in transportation infrastructure, changing lifestyle, and rising disposable income. China is the largest producer of refrigeration appliances. In China, the demand for electric home appliances has considerably increased due to rising disposable income and strong growth in the real estate sector. Original Source: Allied Market Research, 09 August 2016. Found on SpecialChem Coatings and Inks Formulation, (Website: http://www. specialchem4coatings.com) Copyright Allied Market Reserach 2016
Eastern European paint market posts uneven performance as recovery beds in Poland is the biggest paint and coatings market in Eastern Europe (excluding Ukraine and Russia). According to Euromonitor International, the Polish paint market expanded by 2% in 2015 and is expected to grow by 2.2% to €289 M in 2016. Growth is driven by the decorative paints segment, which increased by 2.1% to €251 M in 2015 and is predicted to expand by 2.3% to €256 M in 2016. AkzoNobel, Tikkurila Oyj, Sniezka and PPG Industries dominate Poland's paint market. In 2015, Sniezka posted an 8% year-on-year growth in revenues to €128.5 M and an 18% growth in profits to €11.4 M. The increase was nearly entirely attributed to domestic sales as export revenues fell in Russia (-24.6%), Belarus (-28.6%) and Ukraine (-14.2%). Poland's exports of varnishes, paints, lacquers and other pigments declined by 0.4% (Euro terms) in 2015 and 6.9% to 362,452 tonnes in volume terms. Exports to other European Union (EU) nations increased by 10%, while exports to all other non-EU eastern and central European countries dropped by 20%. In the Czech Republic, the paint and coatings market was valued at approximately CEK 11 bn ($459 M) in 2014, a year-on-year increase of around CEK 800 M ($33 M). Imports represented over CEK 9 bn ($376 M) of sales, with the members of Association of Paint Manufactures of the Czech Republic (AVNH CR) supplying around 30% of total domestic demand. Major market players include PPG, HET, Colorlak and Barvy a Laky Teluria.
C OAT I N G S In Baltic States Estonia and Latvia, positive performances have also been reported. Latvia has seen an over threefold rise in its active paint and varnish makers from 14 in 2012 to 48 in 2016. In Estonia, dominant market players are AS Tikkurila, Eskaro Group and AkzoNobel Baltics AS (ES Sadolin AS). In Serbia, paint and coatings output slumped by 13.3% in 2014 before rebounding in 2015 with a 2.3% growth. The Serbian paint and coatings market has an average turnover of €117 M/y, with 142 active companies and a workforce of 1487 people. Serbia's paint and coatings exports were €78 M in 2015, while imports were €117.5 M in 2015. Top players present in the country include Flint Group, Helios Group, Nevena Color and Maxima. In Croatia, paint and coatings production were 47,133 tonnes in 2015 (2014: 44,622 tonnes). The country's export rose year-on-year from €33.3 M to €36 M in 2015. Similarly, imports increased year-on-year from €118.6 M to €147.7 M in 2015. Meanwhile, Croatia's Chromos Svjetlost has invested €2.3 M for capacity expansion. Original Source: PPCJ, Polymers, Paint, Colour Journal, Jul 2016, 206 (4622), 33-34 (Website: http://www.polymerspaintcolourjournal.com/), Copyright dmg events (MEA) Ltd 2016
Top 25 paint manufactures in Europe 2016 The top 25 paint and coatings manufacturers in the Europe, Middle East and Africa (EMEA) region for the year ended Dec 2015 are enumerated. By sales and in consecutive order, the leading companies are AkzoNobel (€14,859 M), PPG ($15,330 M), BASF (€70,449 M), Axalta ($6200 M), Jotun (NKR 16,282 M), DAW (€1300 M), Hempel (€1563 M), RPM ($4595 M), Valspar ($4439 M), Sto (€1217 M), Sherwin-Williams ($11,339 M), Tikkurila (€584 M), National ($502 M), Brillux (€519 M), Kansai (Yen 328,118 M), Cromology (€752 M), Ring (€500 M), Beckers (SKR 5300 M), Yasar ($1350 M), Altana (€2059 M), Teknos (€291 M), IVM (€324 M), Meffert (€209 M), Ostendorf (€244 M) and CIN (€200 M). Coatings sales in the EMEA region, by company, are as follows: AkzoNobel (€4274 M), PPG ($3987 M), BASF (€1488 M), Axalta ($1292 M), Jotun (NKR 1146 M), DAW (€1068 M), Hempel (€891 M), RPM ($718 M), Valspar ($709 M), Sto (€686 M), SherwinWilliams ($635 M), Tikkurila (€584 M), National ($498 M), Brillux (€472 M), Kansai (Yen 439 M), Cromology (€415 M), Ring (€390 M), Beckers (SKR 368 M), Yasar ($333 M), Altana (€300 M), Teknos (€276 M), IVM (€226 M), Meffert (€201 M), Ostendorf (€195 M) and CIN (€192 M). Meanwhile, in Mar 2016, SherwinWilliams entered to a definitive deal to purchase Valspar for around $11.3 bn, with the transaction set to conclude in 1Q 2017. The combined entities will have $15.6 bn of revenues and a labour force of around 58,000 people. A table shows the top 25 coatings producers in EMEA for the year ended Dec 2015. Original Source: PPCJ, Polymers, Paint, Colour Journal, Jul 2016, 206 (4622), 35-40, 42 (Website: http://www.polymerspaintcolourjournal.com/), Copyright dmg events (MEA) Ltd 2016
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LUMIFLON FEVE resins provide color retention, corrosion resistance to auto coatings AGC Chemicals Americas offers LUMIFLON fluoroethylene vinyl ether (FEVE) resins to help automotive and aftermarket producers develop ultradurable coatings for cars and their components in a wide range of colors and glosses. The product is suitable for exterior coating systems that can be utilized on automobile bodies, door handles, doors, wheel emblems, bumper fascia, tail light lenses, aluminium wheels and lettering and logos. LUMIFLON-based topcoats have yielded more than five times the lifespan of acrylic urethane coatings usually used in the automotive industry. LUMIFLON resins are sold in conventional solvent grades, as well as powder coating, water-based resins and solid resins for the production of low VOC and HAPS free ecofriendly coatings. Original Source: Coatings World, Jul 2016, 21 (7), 109 (Website: http://www.coatingsworld.com), Copyright Rodman Media 2016
MARKETS Powder Coatings Market to Reach USD 12,332 Million by 2022 The powder coatings market is expected to generate $12,332 million by 2022. Powder coatings in the appliances segment occupied the major share in 2015 and is expected to maintain its lead throughout the analysis period. Powder coating provides economical, long lasting, and durable quality finish for metal parts and products. It offers benefits such as superior durability, scratch resistance, gloss retention, and resistance to chalking. It is mainly used for applications on metal parts exposed to extreme weather conditions. It adheres to the AAMA specifications and is an ecofriendly process. Powder coating are costefficient, as they do not contain solvents and volatile organic compounds (VOCs). In addition, over-sprayed powder coating can be retrieved and recycled for use, thereby reducing cost. The demand for powder coatings has increased owing to growing technological advancements and increasing demand from applications, namely, architectural; appliances; automotive; furniture; agriculture, construction, and earthmoving equipment (ACE); general industrial; and others. Strict environmental regulations also boost the growth of this market. The market has witnessed moderate growth during the past few years and is expected to
September 2016
ON
POWDER
grow at a CAGR of 6.3%, in terms of volume, during the forecast period. Appliances segment dominated the world powder coating market with more than 20% share in terms of volume, generating 454 kilo tons in the year 2015. This application for powder coating is expected to grow at the highest CAGR during the forecast period. The Asia-Pacific market for powder coatings is expected to grow at the highest CAGR in terms of both volume and value, due to its stable economy, increasing disposable income, and improving standards of living in countries such as China, Japan, Singapore, Malaysia, and Vietnam. The market is expected to witness rapid growth during the forecast period due to proactive government measures to promote the use of eco-friendly coating systems such as powder coatings. The Chinese metal furniture industry is expected to witness rapid growth during the forecast period, owing to availability of inexpensive raw materials. In Asia-Pacific region, the automotive industry is expected to grow, owing to growth in transportation infrastructure, changing lifestyle, and rising disposable income. China is the largest producer of refrigeration appliances. In China, the demand for electric home appliances has considerably increased due to rising disposable income and strong growth in the real estate sector. Original Source: Allied Market Research, 09 August 2016. Found on SpecialChem Coatings and Inks Formulation, (Website: http://www. specialchem4coatings.com) Copyright Allied Market Reserach 2016
Eastern European paint market posts uneven performance as recovery beds in Poland is the biggest paint and coatings market in Eastern Europe (excluding Ukraine and Russia). According to Euromonitor International, the Polish paint market expanded by 2% in 2015 and is expected to grow by 2.2% to €289 M in 2016. Growth is driven by the decorative paints segment, which increased by 2.1% to €251 M in 2015 and is predicted to expand by 2.3% to €256 M in 2016. AkzoNobel, Tikkurila Oyj, Sniezka and PPG Industries dominate Poland's paint market. In 2015, Sniezka posted an 8% year-on-year growth in revenues to €128.5 M and an 18% growth in profits to €11.4 M. The increase was nearly entirely attributed to domestic sales as export revenues fell in Russia (-24.6%), Belarus (-28.6%) and Ukraine (-14.2%). Poland's exports of varnishes, paints, lacquers and other pigments declined by 0.4% (Euro terms) in 2015 and 6.9% to 362,452 tonnes in volume terms. Exports to other European Union (EU) nations increased by 10%, while exports to all other non-EU eastern and central European countries dropped by 20%. In the Czech Republic, the paint and coatings market was valued at approximately CEK 11 bn ($459 M) in 2014, a year-on-year increase of around CEK 800 M ($33 M). Imports represented over CEK 9 bn ($376 M) of sales, with the members of Association of Paint Manufactures of the Czech Republic (AVNH CR) supplying around 30% of total domestic demand. Major market players include PPG, HET, Colorlak and Barvy a Laky Teluria.
C OAT I N G S In Baltic States Estonia and Latvia, positive performances have also been reported. Latvia has seen an over threefold rise in its active paint and varnish makers from 14 in 2012 to 48 in 2016. In Estonia, dominant market players are AS Tikkurila, Eskaro Group and AkzoNobel Baltics AS (ES Sadolin AS). In Serbia, paint and coatings output slumped by 13.3% in 2014 before rebounding in 2015 with a 2.3% growth. The Serbian paint and coatings market has an average turnover of €117 M/y, with 142 active companies and a workforce of 1487 people. Serbia's paint and coatings exports were €78 M in 2015, while imports were €117.5 M in 2015. Top players present in the country include Flint Group, Helios Group, Nevena Color and Maxima. In Croatia, paint and coatings production were 47,133 tonnes in 2015 (2014: 44,622 tonnes). The country's export rose year-on-year from €33.3 M to €36 M in 2015. Similarly, imports increased year-on-year from €118.6 M to €147.7 M in 2015. Meanwhile, Croatia's Chromos Svjetlost has invested €2.3 M for capacity expansion. Original Source: PPCJ, Polymers, Paint, Colour Journal, Jul 2016, 206 (4622), 33-34 (Website: http://www.polymerspaintcolourjournal.com/), Copyright dmg events (MEA) Ltd 2016
Top 25 paint manufactures in Europe 2016 The top 25 paint and coatings manufacturers in the Europe, Middle East and Africa (EMEA) region for the year ended Dec 2015 are enumerated. By sales and in consecutive order, the leading companies are AkzoNobel (€14,859 M), PPG ($15,330 M), BASF (€70,449 M), Axalta ($6200 M), Jotun (NKR 16,282 M), DAW (€1300 M), Hempel (€1563 M), RPM ($4595 M), Valspar ($4439 M), Sto (€1217 M), Sherwin-Williams ($11,339 M), Tikkurila (€584 M), National ($502 M), Brillux (€519 M), Kansai (Yen 328,118 M), Cromology (€752 M), Ring (€500 M), Beckers (SKR 5300 M), Yasar ($1350 M), Altana (€2059 M), Teknos (€291 M), IVM (€324 M), Meffert (€209 M), Ostendorf (€244 M) and CIN (€200 M). Coatings sales in the EMEA region, by company, are as follows: AkzoNobel (€4274 M), PPG ($3987 M), BASF (€1488 M), Axalta ($1292 M), Jotun (NKR 1146 M), DAW (€1068 M), Hempel (€891 M), RPM ($718 M), Valspar ($709 M), Sto (€686 M), SherwinWilliams ($635 M), Tikkurila (€584 M), National ($498 M), Brillux (€472 M), Kansai (Yen 439 M), Cromology (€415 M), Ring (€390 M), Beckers (SKR 368 M), Yasar ($333 M), Altana (€300 M), Teknos (€276 M), IVM (€226 M), Meffert (€201 M), Ostendorf (€195 M) and CIN (€192 M). Meanwhile, in Mar 2016, SherwinWilliams entered to a definitive deal to purchase Valspar for around $11.3 bn, with the transaction set to conclude in 1Q 2017. The combined entities will have $15.6 bn of revenues and a labour force of around 58,000 people. A table shows the top 25 coatings producers in EMEA for the year ended Dec 2015. Original Source: PPCJ, Polymers, Paint, Colour Journal, Jul 2016, 206 (4622), 35-40, 42 (Website: http://www.polymerspaintcolourjournal.com/), Copyright dmg events (MEA) Ltd 2016
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