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Kusumgar
Market Trends

Sustainability Drives Coatings Consumption

Demand for water-based coatings formulations continues to increase.
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.
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Assembly Show

The Assembly Show is Back!

The Assembly Show returns to Rosemont, Ill., for its fourth edition to exhibit assembly equipment in manufacturing.
The Assembly Show will return October 25-27 to the Donald E. Stephens Convention Center in Rosemont, Ill., for its fourth consecutive annual show focused on anything and everything assembly.
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DeVries-Shurtape

DeVries Named Shurtape Senior Vice President

Shurtape Technologies LLC recently announced Rob DeVries as senior vice president of sales.
In this role, DeVries is responsible for leading Shurtape’s North American industrial sales team.
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SMTA Announces New Board Members

The SMTA recently announced its election results for the Board of Directors.
Terms will begin during SMTA International, which takes place September 25-29 in Rosemont, Ill.
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