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As widespread U.S. import tariffs become a reality and various international tensions escalate (e.g., Russia and Ukraine, China and Taiwan), understanding global dynamics is more important than ever when developing effective business strategy. After all, it is exceedingly difficult to hit the bullseye if you can’t see the whole board. Luckily, numerous resources are available that provide both detail and context.
For example, I highly recommend that you watch our recent webinar, hosted by the American Coatings Association (ACA), where my colleague George Pilcher shared his insights regarding Geopolitical Considerations for the Global Supply Chain. George covers a lot of ground in this webinar, including best practices for raw materials sourcing and strategies such as reshoring/near-shoring. A few additional resources to expand your understanding are highlighted below.
International Events
I consider myself extremely fortunate to be invited to participate in key industry events all around the world. The perspectives gained and relationships built in these face-to-face interactions are invaluable. And I’m not alone. From specialty chemicals-focused events such as the SOCMA Show to M&A meetings like the Smart Business Dealmakers conference series, members of our global team attend numerous events to meet colleagues both old and new, discuss their challenges, identify potential opportunities, and – perhaps most importantly – continue to build the meaningful relationships that help us all thrive.
Next week’s World Petrochemical Conference is a perfect example. Now in its 40th year, the conference brings together thought leaders and key players who will share their perspectives on the key feedstocks that drive the specialty chemicals sector. We are also honored to serve as a sponsor for the upcoming Pennsylvania Chemical Industry Council Winter Meeting, being held March 24-25. If you plan to attend either event, please reach out to info@chemquest.com to schedule a meeting with our on-site representatives.
From March 25-27, the European Coatings Show will provide attendees with a wonderful opportunity to gain an international perspective by interacting with fellow professionals from around the world. Please consider joining us at our ChemQuest Cocktail Reception on March 25, from 4:30-6:30 p.m. at the Foyer Brüssel, located on the second floor near the NürnbergMesse Entrance Mitte. We look forward to insightful conversation and collaboration over a cocktail and light fare. And be sure to stop by our booth at Hall 3C-135 – our team is excited to meet you and hear your perspectives.
In-Depth Global Study
The Global Market Analysis for the Paint & Coatings Industry (2024-2029) provides a detailed look at the data and trends that are shaping the industry internationally, as well as forecasts to inform your strategic planning. Developed by ChemQuest on behalf of the World Coatings Council and the ACA, the comprehensive Global Market Analysis explores the Decorative Architectural, OEM, and Special Purpose Coatings sectors. In addition, regional chapters focus on North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific. Additional chapters cover Coil Coatings and Powder Coatings, Raw Materials Feedstock Dynamics and Trends, and Global M&A Activity.
To see a preview of the report and learn how you can utilize its insight for strategic business planning, I invite you to watch the recording of a webinar I presented to ACA members. Please also keep in mind that purchasers of the Global Market Analysis are eligible for a free day of virtual consulting from ChemQuest to address your study-related questions. We are happy to provide explanations and additional context regarding specific issues that are important to your business.
Actionable Insights on a Global Scale
In order to thrive in today’s evolving geopolitical climate, you must fully understand the international trends and drivers impacting your business. This entails comprehensive study of global issues related to markets, technologies, regulations, consumer trends, and so much more.
The ChemQuest team is positioned – both geographically and through our deep bench of experts and contacts – to assist you in these complex endeavors. Please get in touch and let us know your needs.
How can we help you? Let’s start talking: https://chemquest.com/lets-start-talking/
