PCI and Chemark team up
for “Project Expand”
The Powder Coating Institute (PCI) has
completed a new study that explores new
opportunities in the powder coatings market. Titled “Project Expand” the study
was commissioned by PCI in 2010 and
awarded to The Chemark Consulting
Group, Inc. for completion.
PCI’s objective was to determine compelling needs that exist for powder coatings in the Current, Adjacent and New
powder coating spaces. The geographical
scope of the study is the United States.
Based on industry interviews along the
value chains, Chemark has identified and
quantified a total of 21 opportunity segments valued at over $4 billion. Five segments fall within the Current market
space within which powder coatings now
participates; four reside Adjacent to the
typical or current powder coatings space;
and 12 segment opportunities are found
in New spaces not heretofore penetrated
by conventional powder coating systems.
The 142-page study provides quantified
intelligence for each of the 21 identified opportunity spaces and a recommended priority ranking of those opportunities. It also
discusses issues, impediments and unmet
needs in the market plus recommended approach tactics for each.
The PCI-sponsored Project Expand
study is available to PCI members immediately through the Chemark Consulting
Group as a CD or a hard bound copy.
U.S. Powder Coatings
MM$ of US Dollar Value
Total= $4,004 Million
Source: Chemark Consulting
Prices vary depending upon PCI membership status. For the hard copy alone
Diamond members pay $650; Star members $700; and Gold members $750. For
a CD copy alone the price structure is the
same. For the CD and hardbound copy together, $50 is added to the aforementioned fee. Additional copies will be $100
for a hard copy and $50 for a CD.
Site license is available to member
companies only for $3,000. The site license will allow companies to display the
report internally on their corporate In-tranet for download by any employee of
the licensed corporation.
The PCI professional fee offered to
non-PCI members (formulators, suppliers,
investment groups, etc.) is $3,000 for either the CD or hard copy alone and will
be available December 5, 2011. The CD
plus a hardbound copy is $3,200. Additional non-member copies will be $300
for a hard copy and $150 for a CD.
For ordering information visit PCI’s
website at www.powdercoating.org and
click on the Project Expand link located
on the home page. Alternatively, contact
Jennifer Egan, program director at 832-
585-0770; Fax 832-585-0220; or email
jegan@powdercoating.org.
For questions after purchase regarding
the study content, please contact Chemark
Consulting: 910-692-2492; Fax 910-692-
2523; Email john@chemarkconsulting.net.
GCiS evaluates the Chinese
waterborne coatings market
The domestic waterborne coatings market in
China is valued at approximately USD 2.3
billion in revenues as of year-end 2010, or
roughly 1.2 million tons, according to a recent report by GCiS China Strategic Research.
Acrylic-based waterborne coatings make
up approximately 90 percent of demand in
the market and are being widely used in architectural applications, where consumers
are willing to pay a premium for low toxicity paints, and the automotive sector, which
is traditionally a key source of acrylic-based
coatings demand, the report says.
The Chinese government is stepping up
its restrictions on coatings with a high volatile
organic compound (VOC) content. This is
currently being enforced in consumer facing
industries first and is expected to spread to
industrial markets in the near future.
In real terms the market grew by approximately 11 percent in 2010, the report says. Continued adoption, by
regulatory-push or quality-pull, will see
five-year growth continue at this rate.
This GCiS market study draws on a
three-month primary survey of over 70 of
the market’s supply side and downstream
players. Major areas covered include:
market size and shares, five-year projections, market structure, value chains, pricing trends, distribution, consumption and
an assessment of key suppliers.
Reportlinker.com publishes
“Paints and Coatings: Global
Markets & Advanced
Technologies”
Reportlinker.com has published a new market research titled, “Paints and Coatings:
Global Markets & Advanced Technologies.
According to the report, the global paints
and coatings market was valued at approximately $99.5 billion at the end of 2010.
This global market figure is expected to increase with a modest compound annual
growth rate (CAGR) of 3.2 percent for the
five-year period of 2010 to 2015 and reach
$116.4 billion by the end of 2015.
The powder coating and emerging technologies segment will experience the highest
growth with a CAGR of 5. 9 percent over
the forecast period. This sector is valued at
nearly $18 billion in 2010 and is expected
to reach more than $23 billion by 2015.
Waterborne technology coatings are by
far the largest type of environmentally
friendly coatings and the market for them
was valued at $24.8 billion in 2010, and is
expected to grow to $31.6 billion in 2015,
a compound annual growth rate CAGR of
five percent. CW
