Demand for water-based coatings formulations continues to increase.
October 3, 2016
U.S. coatings consumption was 8.4 billion lbs solids (dry weight) worth $26.6 billion in 2015, and is growing at a mature 1% annual rate, according to “The U.S. Paint & Coatings Industry, 2015-2020,” a recent study from Kusumgar, Nerlfi & Growney. The architectural segment leads in volume with 47% of the dry weight and is equal to the OEM segment in value, with each representing 38% of the value. The OEM segment was 28% of the dry poundage. Special-purpose coatings were just over one-quarter of the volume and 24% of the value. The coatings industry is still recovering from the effects of the 2009 recession, with volume off more than 10% from the 2006 total.
Innovation, sustainability and collaboration can increase the value of pine chemicals for adhesives and sealants formulations.
July 1, 2016
Pine chemicals add tremendous value to customers and society. In addition to their use in adhesives and sealants, our products are found in flavors, fragrances, lubricants, inks, tires, pharmaceuticals, and many additional applications.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
Sustainability initiatives are becoming an expectation across all industries, especially construction. In fact, homebuilders report that, by 2020, more than 60% of their projects will incorporate green building materials.