Analysis of the development prospects of the global coatings market

However, analyst Carolyn Zulandt believes that due to the increased demand for high-quality coatings in developed and developing regions, higher requirements for construction techniques have affected the overall revenue of the coatings industry, and reducing coating output is a necessary measure to achieve structural adjustment of coatings products.

The fastest growing is undoubtedly India, where the rapid expansion of investment to build or renovate residential, commercial and industrial facilities, thereby stimulating demand for coatings.

For developed countries, the United States has outstanding performance in construction and fixed investment expenditures, while Western Europe is affected by the economic boost and the recovery in the construction sector, and its coating sales will also usher in a turning point.

Under the pressure of increasingly stringent regulations, coating manufacturers around the world will continue to work to reduce the VOC content of their products.