Adhesives Mag logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Adhesives Mag logo
  • NEW PRODUCTS
  • NEWS
    • Adhesives & Sealants Headlines
    • Mergers/Acquisitions
    • Events Calendar
    • Market Trends
  • TOPICS
    • Finished Adhesives and Sealants
    • Pressure-Sensitive Adhesives (PSAs)
    • Coatings
    • Raw Materials and Chemicals
    • Materials Handling/Processing
    • Meter/Mix/Dispense
    • Curing
    • Testing/Quality Control
    • Packaging of Adhesives & Sealants
    • Converting/Packaging
    • Composites
    • Sustainability
  • COLUMNS
    • European Perspectives
    • Strategic Solutions
    • Supply Chain Strategies
    • Tape Talk
  • TOP 20
  • MULTIMEDIA
    • Videos
    • Podcasts
    • Webinars
    • eBooks
  • EXPLORE
    • Adhesives in Action
    • Blog
    • ASI Store
    • Industry Links
    • Market Research
    • Classifieds
  • DIRECTORIES
    • Buyers' Guide
    • Global Adhesives & Sealants Directory
    • Raw Materials, Chemicals, Polymers and Additives Handbook
    • Equipment Handbook
    • Distributor Directory
  • EMAGAZINE
    • EMAGAZINE
    • ARCHIVE ISSUES
    • ADVERTISE
      • Custom Content & Marketing Services
    • CONTACT
  • SIGN UP!
Market TrendsCoatingsSustainabilityEnd User Features

Market Trends

Environmental Coatings Consumption Continues to Rise

Many developed economies are now reportedly using a significant percentage of “green” technologies

figure 1
November 24, 2017

Global consumption of coatings was 90.4 billion lbs in 2016, valued at $121 billion, according to “Global Paint and Coatings,” a recent report from Kusumgar, Nerlfi & Growney. A 4% annual rate of growth is forecast through 2021.  Volume is reportedly up 54% from the low of the 2009 global recession and 44% from the pre-recession level.

The Asia-Pacific region is the leading coating consumer, with 47% of the volume and 45% of the value in 2016; growth there is placed at 6% per year. While the emerging economies of the region have been the engine of growth for the industry, the high growth of the recent past is now slowing as increases in China (59% of the volume) have fallen to a more modest mid-single-digit rate. India is now among the leaders in growth in the region, representing just over 10% per year.

The global coatings industry continues its move to water-based and other more environmentally friendly technologies, particularly in emerging economies. Many developed economies now reportedly use a significant percentage of these technologies. Figure 1 shows recent consumption of coatings by technology. Water-based technology has increased its share from one-half of the volume in 2008 to 55% in 2016, and it is projected to garner a 57% share in 2021. ASI


For more information, phone (201) 773-0785, email nerlfikng@cs.com or visit www.kusumgar-nerlfi-growney.com.

KEYWORDS: architectural coatings market reports waterborne coatings

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • mouse in hole

    Using Foam Sealants for Pest Prevention

    According to the National Pest Management Association,...
    Finished Adhesives and Sealants
    By: Kevin Corcoran
  • linked network nodes

    Using the Power of AI for Adhesive and Sealant Formulation

    With the help of software solutions, adhesive formulators...
    Adhesives and Sealants Topics
    By: Karen Parker
  • top20-hero.jpg

    2024 ASI Top 20: Leading Global Manufacturers of Adhesives and Sealants

    ASI's annual ranking of the top 20 global adhesive and...
    Finished Adhesives and Sealants
Manage My Account
  • eMagazine Issues
  • eNewsletter
  • Online Registration
  • Manage My Preferences
  • Subscription Customer Service

More Videos

Popular Stories

Picture of a tub and a tube of an epoxy

CREATIVE MATERIALS INC.: Conductive Epoxies

cardboard packaging

Utilizing Biobased Materials to Enable Sustainability in Hot-Melt Pressure-Sensitive Adhesives

rolls of tape

What’s Next in Tapes: A Look at Industry Trends

ASI Top 20 website

Events

January 1, 2030

Webinar Sponsorship Information

For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

View All Submit An Event

Products

Structural Adhesives: Properties, Characterization and Applications

Structural Adhesives: Properties, Characterization and Applications

See More Products

ASI CASE EBOOK

Related Articles

  • FinishedAdhesives.jpg

    Automotive Coatings Market Continues to Rise

    See More
  • China's Anti-Corrosion Coatings Industry Continues to Rise

    See More
  • Coatings.jpg

    Global Coatings Consumption on the Rise

    See More

Related Products

See More Products
  • 9780367877118.jpg

    Corrosion Control Through Organic Coatings

  • orgainic.jpg

    Organic Coatings: Science and Technology, 4th Edition

  • linings.jpg

    Corrosion of Linings & Coatings

See More Products

Related Directories

  • Dyna-Tech Adhesives Inc.

    Manufacturer of environmentally friendly water-based adhesives and coatings, hot-melt adhesives, advanced resin dispersions, and energy-curable coatings and adhesives.
×

Keep the info flowing with our eNewsletters!

Get the latest industry updates tailored your way.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • eNewsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey & Sample
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Youtube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing