- Email: [email protected]
Epoxy coatings market worth $33.97 bn by 2021
FOCUS entered into a joint venture with Eagle Ink Systems and Continental Printing Inks for packaging and print media in South Africa and Sub-Saharan Africa.
Original Source: PPCJ, Polymers, Paint, Colour Journal, May 2016, 206 (4620), 35-37 (Website: http://www. polymerspaintcolourjournal.com/) Copyright dmg events (MEA) Ltd 2016
ICIS top M&A: global valuations accelerate in 2016 Global market conditions have recovered from a tumultuous 1Q 2016, paving the way for more chemical mergers and acquisitions (M&A) as transactions surged $16 bn from 2014 levels to $65 bn in 2015. Asia-based firms have taken a commanding share in global M&As with 51% of acquisitions in 2015. The largest deals include Air Liquide/Airgas, CF Industries/OCI, ChemChina/Syngenta ($43 bn) and Dow/DuPont. Major acquisitions include AkzoNobel (€475 M for BASF's business), Evonik ($3.8 bn for Air Products' specialty and coatings additives business), Sherwin-Williams ($11.3 bn for Valspar) and Westlake ($23.35/share for Axiall). Upcoming spin-offs include Ingevity (specialty chemicals business of WestRock), Versum Materials (electronic materials business of Air Products) and Valvoline (lubricants business of Ashland). In Apr 2016, Chemours (a DuPont spin-off) secured the $230 M divestment of its Clean and Disinfect business to LANXESS. ARLANXEO will be formed as a synthetic rubber joint venture of Saudi Aramco and LANXESS. A bar graph shows chemical M&A valuations based on multiples of last 12 months EBITDA for specialties and commodities during 2013-2015. Another bar graph shows acquisitions of worldwide chemical companies based on equity value ($bn) from 2001 to 2015.
Original Source: ICIS Chemical Business, 2329 May 2016, 289 (19), 34-37 (Website: http://www.icis.com) Copyright Reed Business Information Limited 2016
Market intelligence: 1Q 2016 volumes boost. Global chemical output rose 3.0%/y in 1Q 2016, but this could be threatened by falling cost of products and feedstock entering 2Q 2016. BASF's forecast for 2016 includes growth in chemicals output of 3.4% and average oil price of $40/barrel. BASF reported flat volume sales due to petrochemical losses in North America. ExxonMobil raised its profit by $80 M as lower feedstock cost generated $250 M. Dow Chemical recorded a 4% volume growth, mainly in North America (6%) and Asia-Pacific nations (3%) like China (5%) and India (13%). LyondellBasell reported
July 2016
ON
POWDER
flat volume sales in Asia, Europe and North America, as a plant shutdown in France slashed the value outside North America. Shell recorded a 3% drop in volume sales due to plant outages in Bukom, Singapore and Moerdijk, the Netherlands. Total reported high petrochemical margins brought by strong polymer demand. AkzoNobel raised its volume sales by 2% driven by decorative paints (6%), performance coatings and speciality chemicals (1%). PPG raised its volume sales by 1%, as operations in Europe outpaced the US and Canada. Lastly, Evonik reported 'substantial' gain in volume sales.
Original Source: ICIS Chemical Business, 16-22 May 2016, 289 (18), 12-13 (Website: http://www.icis.com) Copyright Reed Business Information Limited 2016
Aerospace coatings market A report by Markets and Markets, entitled "Aerospace Coatings Market by End-user Industry (Commercial, Military & General Aviation), by User Type (Original Equipment Manufacturer (OEM) & Maintenance, Repair & Overhaul (MRO)), & by Region (North America, Europe, AsiaPacific, & Row) - Global Forecast to 2019'', revealed that the global aerospace market is anticipated to reach around $2991.38 M by 2019. It is expected that Asia Pacific and North America will increase at CAGR of 7.79% and 5.05%, respectively, during 2014-2019. China, the US, France, Japan, India, Russia and Germany are anticipated to continue growth in the aerospace coatings markets. The Indian and Chinese markets are driving the aerospace coatings market in Asia-Pacific because of increasing number of air travelers, international trade and expanding cargo traffic. In value terms, the market size of the global aerospace coatings market is expected to increase from $2109.64 M in 2013 to $2991.38 M by 2019, at a CAGR of 5.96% from 2014. New innovations from select coatings producers are described. AkzoNobel has created innovative technologies to resolve the problems of obtaining chromate-free anti-corrosion products. Hentzen has recently launched BCCC, chrome-free primers and heat absorption coatings for the commercial market. PPG has recently introduced Aerocron electrocoat primer for the aerospace industry. The company has also unveiled Desoprime CF/7521 chrome-free primer for structural and exterior primer applications. The company's Desoprime CF/7530 chrome free wash primer is ideal for aftermarket and OEM applications. Sherwin-Williams has recently introduced JCX polyester urethane and SKYscapes general aviation basecoat 855 Series (SG, SGE, SGM and SGP Colors) for exterior aircraft applications. The new General Aviation Clearcoat CM0850CC1 provides
C OAT I N G S increased speed, while CM0850180 offers enhanced fluid and chemical resistance.
Original Source: Coatings World, May 2016, 21 (5), 28, 30-33 (Website: http://www. coatingsworld.com) Copyright Rodman Media 2016
Epoxy coatings market worth $33.97 bn by 2021 The report "Epoxy Coatings Market by Technology (Solvent borne, Waterborne, and Powder-Based) and Application (Construction, Transportation, General Industrial, and Others) - Forecast to 2021'', published by MarketsandMarkets, the global market size is projected to reach $33.97 bn by 2021, at a CAGR of 5.22% from 2016.
Original Source: MarketsandMarkets, 2016. Found on PR Newswire, 12 May 2016, (Website: http://www.prnewswire.com) Copyright MarketsandMarkets 2016
Antimicrobial coatings market size estimated to reach $4520 M by 2020 According to a report titled "Antimicrobial Coatings Market Analysis by Product (Systems, Tags), and Segment Forecasts To 2020'' by Grand View Research Inc., the antimicrobial coatings market is anticipated to garner $4520 M by 2020. The global market is trifurcated into products, applications, and geographies. Product segments comprise surface modification & coatings and powder coatings. The former led the market in 2013, accounting for more than 50% demand. It is also split on the basis of listeria, EColi, pseudomonas, and others. Powder coatings are likely to remain the most swiftly growing product during the forecast period. Applications in the antimicrobial coatings market consist of mold remediation, indoor air quality, construction, medical, textiles, and others. Indoor air quality dominated the market and contributed over 25 volumes in 2013. Apart from being the biggest, it may also be the fastest expanding application in the six years ahead. Indoor air quality could record around 10.4% CAGR in the future. Construction application is predicted to register nearly 11.5% CAGR during 2014 to 2020. Geographical segments encompass Europe, North America, Asia Pacific, and rest of the world. North America led the market in 2013. It contributed over 35% of the overall demand. Furthermore, this region would grow most rapidly in the six years ahead. Escalating medical expenses and better life styles in the US is its key propeller. The worldwide antimicrobial coatings market is oligopolistic and moderately concentrated. Its top four firms captured little below than 50% shares in 2013.
Original Source: Grand View Research Inc., 2016. Found on Marketwired, 16 May 2016, (Website: http://www.marketwired.com) Copyright Grand View Research Inc. 2016
7
Original Source: PPCJ, Polymers, Paint, Colour Journal, May 2016, 206 (4620), 35-37 (Website: http://www. polymerspaintcolourjournal.com/) Copyright dmg events (MEA) Ltd 2016
ICIS top M&A: global valuations accelerate in 2016 Global market conditions have recovered from a tumultuous 1Q 2016, paving the way for more chemical mergers and acquisitions (M&A) as transactions surged $16 bn from 2014 levels to $65 bn in 2015. Asia-based firms have taken a commanding share in global M&As with 51% of acquisitions in 2015. The largest deals include Air Liquide/Airgas, CF Industries/OCI, ChemChina/Syngenta ($43 bn) and Dow/DuPont. Major acquisitions include AkzoNobel (€475 M for BASF's business), Evonik ($3.8 bn for Air Products' specialty and coatings additives business), Sherwin-Williams ($11.3 bn for Valspar) and Westlake ($23.35/share for Axiall). Upcoming spin-offs include Ingevity (specialty chemicals business of WestRock), Versum Materials (electronic materials business of Air Products) and Valvoline (lubricants business of Ashland). In Apr 2016, Chemours (a DuPont spin-off) secured the $230 M divestment of its Clean and Disinfect business to LANXESS. ARLANXEO will be formed as a synthetic rubber joint venture of Saudi Aramco and LANXESS. A bar graph shows chemical M&A valuations based on multiples of last 12 months EBITDA for specialties and commodities during 2013-2015. Another bar graph shows acquisitions of worldwide chemical companies based on equity value ($bn) from 2001 to 2015.
Original Source: ICIS Chemical Business, 2329 May 2016, 289 (19), 34-37 (Website: http://www.icis.com) Copyright Reed Business Information Limited 2016
Market intelligence: 1Q 2016 volumes boost. Global chemical output rose 3.0%/y in 1Q 2016, but this could be threatened by falling cost of products and feedstock entering 2Q 2016. BASF's forecast for 2016 includes growth in chemicals output of 3.4% and average oil price of $40/barrel. BASF reported flat volume sales due to petrochemical losses in North America. ExxonMobil raised its profit by $80 M as lower feedstock cost generated $250 M. Dow Chemical recorded a 4% volume growth, mainly in North America (6%) and Asia-Pacific nations (3%) like China (5%) and India (13%). LyondellBasell reported
July 2016
ON
POWDER
flat volume sales in Asia, Europe and North America, as a plant shutdown in France slashed the value outside North America. Shell recorded a 3% drop in volume sales due to plant outages in Bukom, Singapore and Moerdijk, the Netherlands. Total reported high petrochemical margins brought by strong polymer demand. AkzoNobel raised its volume sales by 2% driven by decorative paints (6%), performance coatings and speciality chemicals (1%). PPG raised its volume sales by 1%, as operations in Europe outpaced the US and Canada. Lastly, Evonik reported 'substantial' gain in volume sales.
Original Source: ICIS Chemical Business, 16-22 May 2016, 289 (18), 12-13 (Website: http://www.icis.com) Copyright Reed Business Information Limited 2016
Aerospace coatings market A report by Markets and Markets, entitled "Aerospace Coatings Market by End-user Industry (Commercial, Military & General Aviation), by User Type (Original Equipment Manufacturer (OEM) & Maintenance, Repair & Overhaul (MRO)), & by Region (North America, Europe, AsiaPacific, & Row) - Global Forecast to 2019'', revealed that the global aerospace market is anticipated to reach around $2991.38 M by 2019. It is expected that Asia Pacific and North America will increase at CAGR of 7.79% and 5.05%, respectively, during 2014-2019. China, the US, France, Japan, India, Russia and Germany are anticipated to continue growth in the aerospace coatings markets. The Indian and Chinese markets are driving the aerospace coatings market in Asia-Pacific because of increasing number of air travelers, international trade and expanding cargo traffic. In value terms, the market size of the global aerospace coatings market is expected to increase from $2109.64 M in 2013 to $2991.38 M by 2019, at a CAGR of 5.96% from 2014. New innovations from select coatings producers are described. AkzoNobel has created innovative technologies to resolve the problems of obtaining chromate-free anti-corrosion products. Hentzen has recently launched BCCC, chrome-free primers and heat absorption coatings for the commercial market. PPG has recently introduced Aerocron electrocoat primer for the aerospace industry. The company has also unveiled Desoprime CF/7521 chrome-free primer for structural and exterior primer applications. The company's Desoprime CF/7530 chrome free wash primer is ideal for aftermarket and OEM applications. Sherwin-Williams has recently introduced JCX polyester urethane and SKYscapes general aviation basecoat 855 Series (SG, SGE, SGM and SGP Colors) for exterior aircraft applications. The new General Aviation Clearcoat CM0850CC1 provides
C OAT I N G S increased speed, while CM0850180 offers enhanced fluid and chemical resistance.
Original Source: Coatings World, May 2016, 21 (5), 28, 30-33 (Website: http://www. coatingsworld.com) Copyright Rodman Media 2016
Epoxy coatings market worth $33.97 bn by 2021 The report "Epoxy Coatings Market by Technology (Solvent borne, Waterborne, and Powder-Based) and Application (Construction, Transportation, General Industrial, and Others) - Forecast to 2021'', published by MarketsandMarkets, the global market size is projected to reach $33.97 bn by 2021, at a CAGR of 5.22% from 2016.
Original Source: MarketsandMarkets, 2016. Found on PR Newswire, 12 May 2016, (Website: http://www.prnewswire.com) Copyright MarketsandMarkets 2016
Antimicrobial coatings market size estimated to reach $4520 M by 2020 According to a report titled "Antimicrobial Coatings Market Analysis by Product (Systems, Tags), and Segment Forecasts To 2020'' by Grand View Research Inc., the antimicrobial coatings market is anticipated to garner $4520 M by 2020. The global market is trifurcated into products, applications, and geographies. Product segments comprise surface modification & coatings and powder coatings. The former led the market in 2013, accounting for more than 50% demand. It is also split on the basis of listeria, EColi, pseudomonas, and others. Powder coatings are likely to remain the most swiftly growing product during the forecast period. Applications in the antimicrobial coatings market consist of mold remediation, indoor air quality, construction, medical, textiles, and others. Indoor air quality dominated the market and contributed over 25 volumes in 2013. Apart from being the biggest, it may also be the fastest expanding application in the six years ahead. Indoor air quality could record around 10.4% CAGR in the future. Construction application is predicted to register nearly 11.5% CAGR during 2014 to 2020. Geographical segments encompass Europe, North America, Asia Pacific, and rest of the world. North America led the market in 2013. It contributed over 35% of the overall demand. Furthermore, this region would grow most rapidly in the six years ahead. Escalating medical expenses and better life styles in the US is its key propeller. The worldwide antimicrobial coatings market is oligopolistic and moderately concentrated. Its top four firms captured little below than 50% shares in 2013.
Original Source: Grand View Research Inc., 2016. Found on Marketwired, 16 May 2016, (Website: http://www.marketwired.com) Copyright Grand View Research Inc. 2016
7