FOCUS New Book on Chemistry, Materials and Properties of Surface Coatings DEStech Publications, Inc. announces the publication of "Chemistry, Materials, and Properties of Surface Coatings: Traditional and Evolving Technologies'', by Güngör Gündüz, Ph.D., Middle East Technical University, Turkey, ISBN 9781605950662. This 752 page hardcover professional reference is a unified account of the chemistry and materials science of virtually all major resins, paints, polymeric and inorganic coatings. It offers uniform analyses of the chemical formulations and molecular structures of widely used solventand water-based paints and coatings, including discussions of binders, pigments and fillers. In the context of a scientific analysis of structure-property relations the book addresses adhesion, shelf-life, durability, volatility, hardness, mechanical, optical and other engineered qualities. Emerging active coatings such as conductive, self-cleaning, self-healing paints/coatings, plus eco-friendly powder coatings, are included. Original Source: DEStech Publications, May 27, 2015, (website: www.destechpub.com), © DEStech Publications 2015.
MARKETS The Industrial Coatings Market Grew by an Estimated Three Percent in 2014 The market for industrial coatings is a highly segmented market that includes such diverse segments as offshore oil and gas, commercial architecture, general industrial and industrial maintenance. Industrial coatings manufacturers interviewed by Coatings World reported that while growth rates have slowed in some segments, others segments, such as oil and gas, are driving growth. Michael Cash, senior vice president and president, industrial coatings, Axalta Coating Systems. "Our best estimate based on aggregated third party data is that the global industrial coatings end markets grew by three to four percent in 2014. By working closely with our customers, and by welcoming many new customers to the Axalta family in 2014, we were able to grow faster than the overall size of a number of our end use markets last year.'' Shelley J. Bausch, vice president, Global Industrial Coatings, PPG. While growth rates have slowed in some of these segments due to end market reductions (such as heavy duty equipment), others continue to deliver strong growth performance. With PPG's global capabilities, we have been able to
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leverage these areas of growth to continue to outpace the market. Sherwin-Williams has seen growth in several areas, including wood finishing, general finishing, heavy equipment and building products. "One market that we're particularly excited about is OEM prefinished residential and commercial wood flooring coatings market in which we just announced our participation,'' said Nick Bartoszek, global marketing director – liquid and powder products, Sherwin-Williams. "In all of the markets we serve, customers are asking for products that offer low or zeroVOC solutions, as well as ways to improve their finishing processes. We look for ways to become a true partner with our customers, providing expertise that offers guidance well beyond the product.'' According to Klaus Moller, Hempel group vice president of marketing and business development, the general market for industrial coatings grew by approximately three percent between 2013 and 2014. "In general, the industry was boosted by government investment in infrastructure projects, especially in the Middle East and Asia, he said. "We expect the overall industrial coatings market to grow in line with global GDP. We foresee that commercial architecture will show a growth rate above that of the overall market while oil and gas growth rates look more uncertain due to the current low oil and gas prices.'' Industrial coatings manufacturers continue to be challenged to meet cost and performance requirements. First and foremost, customers expect their coatings to meet the most stringent performance requirements. Original Source: Coatings World, June 17, 2015, online version, (website: http://www. coatingsworld.com), © Rodman Media 2015
Industry and Trade Ministry Intends to Curb Powder Paint Imports by 20% Russia intends to reduce its powder coatings imports to 40% by 2020. Industry and Trade Ministry data suggest that the country currently imports 60% of its powder coatings consumption. The plan aims to promote substituting imports with domestic industry products, but it does not outline planned market share distribution and if 'domestic' production will include facilities operated by foreign firms in the country. Original Source: RCCnews, 6 May 2015, (website: http://www.rccnews.ru/Eng), © RCCnews.ru 2015
Powder Coatings Market in Italy to Grow at a CAGR of 1.61% from 2014–2019 Technavio, an independent tech-focused global research firm, has announced the
C OAT I N G S publication of its market research report on the powder coatings market in Italy 2015– 2019. One of the latest trends emerging in the market is the increased demand from coil coatings applications. Such applications are relatively new and account for a minor share of the powder coatings market in Italy, since alternative technologies are predominantly used for coil coating purposes. The powder coatings market in Italy is expected to grow at a CAGR of 1.61% during the forecast period 2014– 2019. Increase in demand for application on medium-density fibreboard (MDF) is expected to drive the market growth during 2014–2019. Vendors of MDF are increasingly opting for thermoset powder coatings over liquid-based alternatives, as they offer durability and design freedom. Original Source: TechNavio, 15 May 2015, (website: http://www.specialchem4coatings. com), © Infinity Research Ltd
IRL Releases Profile of Indian Paint Industry According to a new edition of IRL's single country report, entitled "A Profile of the Indian Paint Industry,'' India consumed over 2,770,000 tonnes in 2013, making it the second-largest paint market in Asia after China. At times, the paints and coatings demand has a growth rate of 1.5 to two times higher compared to the GDP growth. In 2014, the rural market grew by as much as 20%, which was driven by increasing popularity of emulsion paints in the decorative segment. It is projected that the decorative and architectural paints segment will have good growth rates in the future. It is expected that the industrial coatings demand will slowly grow. Protective coatings demand will be driven by increasing investments in the country's infrastructure, while automotive coatings demand will be driven by greater demand for cars and consumer goods. Indian companies Kansai Nerolac, Asian Paints, Berger and Shalimar Paints, AkzoNobel India, plus multinationals such as Nippon Paint, Axalta, Jotun and BASF Coatings dominate the market and belong to the socalled "organized'' (large-scale) sector. In 2013, India's per capita consumption of coatings remained very low at only 2.2 kg/ head, indicating the enormous potential for increased demand as the country develops. Despite recent difficulties, all the major paint producers are undergoing or have recently undergone expansions, and/or are launching new facilities as they see growth opportunities in the country. The report highlights the market data for 2013 and forecasts for 2018 for nine mainstream paints and coatings segments: industrial wood coatings, architectural/decorative, marine coatings, protective coatings, automotive refinishes, automotive OEM coatings, general industrial coatings
July 2015