Articles Tagged with ''architectural coatings''

Market Trends

Environmental Coatings Consumption Continues to Rise

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

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.

Remodeling Market Maintains Strength in 2017 Third Quarter

For 18 consecutive quarters, the RMI has been at or above 50, which indicates that more remodelers report market activity is higher compared to the prior quarter than report it is lower.

October 31, 2017

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the third quarter of 2017, up two points from the previous quarter.

AkzoNobel to Open Sustainable Factory

The factory will reportedly be capable of doubling current UK production levels.

September 19, 2017

AkzoNobel recently announced plans to open what’s reportedly the world's most advanced and sustainable paint factory, in Ashington, Northeast England.

AkzoNobel Placed in Top Ranking on Dow Jones Sustainability Index

The company has now been featured in the top 10 for 12 consecutive years.

September 12, 2017

AkzoNobel has returned to the top of the influential Dow Jones Sustainability Index (DJSI) to lead the rankings for the fifth time in six years.

Builder Confidence Remains Solid in July, Despite Slip

All three HMI components reportedly registered losses in July, but are still in solid territory.

July 31, 2017

Builder confidence in the market for newly built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Fumed Silica Market to Jump 7%

North America, Asia-Pacific and Europe are key regions in the fumed silica market.

July 17, 2017

The fumed silica market is projected to reach $2.26 billion by 2022, at a compound annual growth rate (CAGR) of 7.1% between 2017 and 2022.

Top 5 News that Sticks

Readers Were Most Interested in RPM’s Financial Results

Last week, news about RPM’s third quarter revenue garnered the most reader interest.

Teresa McPherson

April 24, 2017

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.

Axalta Coating Systems to Acquire Valspar Wood Coatings Business

The business had revenues of approximately $225 million in 2016.

April 17, 2017

Axalta Coating Systems recently announced that it has entered into a definitive agreement to acquire the assets related to Valspar’s North American Industrial Wood Coatings business.

PPG Begins Colorful Communities Project

The Colorful Communities program intends to bring color and vitality to various communities.

March 31, 2017

PPG recently announced the start of a Colorful Communities™ project in Huntsville, Ala.

U.S. Coatings Sales to Reach 1.4 Billion Gal in 2020

Demand will be bolstered by the continuing recovery of the construction industry.

March 21, 2017

Growth in the architectural paint market, spurred by healthy increases in residential construction spending, will provide the majority of coatings gains.

The Polyurethanes Technical Conference, hosted by the American Chemistry Council’s Center for the Polyurethanes Industry (CPI), will feature educational sessions and the latest innovations in polyurethane chemistry.

Join 16,000+ engineers, executives, and innovators for four days of hands-on learning, strategic networking, and direct access to the technologies shaping the future of batteries and EVs.