U.S. demand for construction chemicals like adhesives and grouts is expected to shift toward higher-value formulations and technologies.
Domestic demand for construction chemicals used in on-site applications is projected to grow 8.2% per year through 2018 to $12.1 billion, according to “Construction Chemicals,” a recent study from The Freedonia Group Inc.
The recent sharp drop in oil prices could force coatings prices lower if continued.
Kusumgar, Nerlfi & Growney recently announced it has begun its fifth “U.S. Paint & Coatings Industry” study. The industry is reportedly continuing its recovery from the global recession of 2008-2009.
About 40% of all TPE products consumed worldwide are used in the manufacturing of vehicles.
In the course of several product innovations, thermoplastic elastomers (TPEs) are increasingly replacing standard plastics and conventional elastomers.