| Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise


Get Paint BidTracker's Bridge Painting Opportunities of 2015

Paint and Coatings Industry News

Main News Page

Growth, Green Demand Seen For Global Protective Coatings

Thursday, February 17, 2011

More items for Coating Materials

Comment | More

From acrylic resins to protective coatings, the global paint and coatings market is rebounding, but manufacturers will have to scramble to satisfy the market’s ever-growing eco-friendly product demands, new market forecasts indicate.

The challenge will be especially great in protective coatings, where solvent-based products still dominate the market, reports An Overview of the Global Protective Coatings Market, 2nd Edition.

The report foresees 5% to 7% annual growth by protective coatings in the emerging markets but warns of a major shortfall in the greener protective coatings that are in growing global demand.

‘Lower VOC Will Be the Future’

“The overwhelming opinion by the industry is that lower-VOC coatings will be the future,” says the report by Information Research Ltd. “However, globally, only 6% of protective coatings are water-based whilst traditional solvent-based coatings are consistently indicated as the major technology.”


“This is related to two main reasons: cost and ease of application,” the report adds.

London-based IRL, a division of Business Research Group, offers marketing research and analysis services to the global paints and coatings industries.

Economic Ups and Downs

“The global economic downturn has affected virtually every industry, including protective coatings,” IRL reports. “Regional growth in the sector mirrored regional economic development, with the roaring economies of China, India and Brazil showing positive growth but at a lower rate than five years ago.”
The report analyzes the protective coatings sector in 25 key economies worldwide. It includes intumescent coatings, anti-corrosive coatings and protective coatings; mergers and acquisitions; and investments. It includes paint supply summaries, supplier reports, and technologies for countries in Europe, the Middle East and Africa, Asia Pacific and the Americas, as well as a “Wish List” for the future needs of the protective coatings industry.

Growth Seen for Acrylic Resins

Elsewhere in the industry, the global market for acrylic resins should exceed 16.4 billion pounds by the year 2015, driven by increased demand for superior-performing and cost-effective products, as well as higher demand in Asia Pacific and other developing markets.

So forecasts Acrylic Resins: A Global Strategic Business Report, by Global Industry Analysts Inc. (GIA), a California-based market intelligence firm.

New product introductions and rising demand for eco-friendly products will also ignite market growth in the paint and coatings sector, which is the largest end-user of acrylic resins.

Acrylic-based paints and coatings deliver improved color stability, flexibility, weatherability, and enhanced solid content and finishes, GIA notes.

Consumption of acrylic resins by end-use markets is projected to exceed 4.4 billion pounds by 2012. The United States will continue to represent a major market, although Europe represents the largest regional market for acrylic resins worldwide, while Asia Pacific is expected to register the fastest growth—a CAGR of more than 3% from 2007 to 2015.


Tagged categories: Corrosion control coatings; Corrosion protection; Corrosion resistance; Intumescent; Market; Market research; Protective coatings; Resins; Trends

Comment Join the Conversation:

Sign in to our community to add your comments.

Carboline Company
Fireproofing Solutions

Pyroclad® X1 Thermo-Lag® Pyrocrete® – protecting against hydrocarbon and jet fires, explosions, and cryogenic spills.

Jessup Manufacturing Company
More Traction for Extreme Marine Conditions

Jessup Safety Track® 3800 Military Grade peel-and-stick non-skid tapes and treads provide extra slip resistance for decks. MIL-PRF-24467C Type XI, Black & Gray.

International Paint LLC
New! Chartek

The next evolution in passive fire protection has arrived! Check out our new line of Chartek products.

Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

Wasser Coatings offer a complete range of Moisture Cure Urethane (NEPCOAT approved) systems in addition to Polyurea membranes and linings(NSF).

Specialty Products, Inc. (SPI)

After 40 years in the coating business, SPI has trained more industry professionals than any other polyurea manufacturer. Now offering more classes at more locations than ever before!

Polyval Coatings
Polyflex® Polyurea Linings

Polyflex™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.

Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.

Thermion Inc
Buy Back Program

We are offering $5,000
credit for your old Model
This drive system is
being discontinued by
the manufacturer.
More information at

New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films

Built for Tough Jobs

From Epoxies to Urethanes to other high solid coatings, the new Binks Airless 75 delivers a great finish using an ergonomic design. Visit for more information.

Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail