Catherine Diamond, Associate Editor
Though the additives market has been unstable in recent years, global economic stability has given suppliers in this industry cause for optimism.
According to Charles Giaudrone, general manager of
Coatings at Eastman Chemical Company, the global market for
additives grew in 2014 but varied by region.
“Above global average growth occurred in Asia, North
America and portions of the Middle East and Eastern Europe,”
Giaudrone said.
Shenton King, director of marketing at King Industries, said
that his company expects to see overall growth in the coming year.
“We experienced healthy growth in 2014 and remain optimistic for a successful 2015,” he said. “We experienced continued
interest and growth in our core technologies as well as increased
Pricing stability and a unique market position have industry suppliers hopeful for the
coming year.
ADDITIVES INDUSTRY
Update