The Industrial
Coatings Market
Photo courtesy of Valspar.
The market for industrial coatings was impacted by economic uncertainty and unsteady
demand, but there are indications that certain segments such as agriculture and
construction equipment will see growth.
Kerry Pianoforte, Editor
The market for industrial coatings was a mixed bag this past year. While economic uncertainly continued to im- pact the market, there were certain bright spots.
“The overall industrial coatings market grew by mid-single
digits in 2012, but varied widely by sub-segment,” said Roeland
Polet, senior vice president, global industrial for Valspar. “The
end of 2012 was not as strong. It was marked by economic
uncertainty and bumpy demand as macro decisions either on
economic stimulus packages or austerity impacted infrastruc-
ture and equipment markets that are heavy consumers of indus-
trial coatings. Nevertheless, many segments show strong drivers
for growth in the coming quarters.”
“With the exception of the wind power generation industry
that still faces a few challenges in U.S., China and Europe,
the other segments performed well overall,” said Dimitris
Likouressis, protective business director, group marketing,
26 | Coatings World
www.coatingsworld.com
June 2013
