What’s Next in the Paints & Coatings Industry?
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A world without color will be exceedingly depressing.
Filling our world with beauty that comes with a variety of colors, the paints and coatings industry stands at the forefront of change.
From the bright walls of your home/buildings to the smart colorful finish of your favorite car, and even the protective layers on heavy industrial equipment, this industry has transitioned beyond aesthetics to performance, sustainability, and innovation.
Smart coatings, recyclable coatings, VOC free coatings, multi-purpose coatings, antimicrobial paints and coatings, heat resistant paints and passive fire protection (PFP) coatings, among others are redefining the scale of what’s possible in this space.
Coatings that not only protect the surface but also perform added functions like harvesting energy from the sun will become increasingly common in the coming decade as sustainability and resource consumption become areas of focus.
It would not be wishful thinking to envision a future where energy harvesting coatings will perform the functions of a solar panel and coatings. Technologies like AI are helping create lucrative opportunities for personalization and design when it comes to decorative coatings.
Nanotechnology will continue to make huge strides perfecting self-healing coatings and nanomaterial-based durability. Aerospace, automotive, and construction, are all poised to witness the revolutionizing impact of high-performance coatings.
Thinking 10 years ahead need not be a daunting task. We at StrategyR™ - Global Industry Analysts, Inc. can help you learn what’s changing and how, identify patterns as they snowball to shape the coming future, measure opportunities, and track revenue generating potential of the industry across its entire value chain.
Access our “Paints & Coatings Industry” Ecosystem http://surl.li/utzfah which will provide access to –
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Companies shaping the industry’s future include – Sherwin-Williams Industrial Coatings AkzoNobel Nippon Paint India RPM International Inc. Axalta Industrial Coatings BASF Coatings Asian Paints Kansai Paint Co.,Ltd Masco Corporation Jotun Performance Coatings Hempel A/S SKSHU Paint Co.,Ltd. Berger Paints India Chugoku Marine Paints, Ltd Tikkurila UK Beckers Group Noroo Paints & Coatings Puerto Rico
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