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Market Reports

U.S. Market Analysis for the Paint & Coatings Industry (2023 – 2028)

2023 2028 USMA Report 2 13 24

Global Market Analysis for the Paint & Coatings Industry (2024 – 2029)

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Articles

The State of the U.S. Paint and Coatings Market 2023-2025: Slow and “Steady as She Goes”

The year 2024 is expected to be a mixed year for the paint and coatings industry in the United States. The year 2023 ended with production of 1.33 billion gallons valued at $32.8 billion, down from 2022 by 1.8% in volume but up 1.4% in value. The outlook for 2024e suggests a slight increase in full-year production, totaling 1.36 billion gallons, and an increase in value to $34.5 billion.

Optimizing Your Strategic Planning with Business Cycle Analysis

Leveraging sophisticated market intelligence tools like business cycle analysis can enhance the efficacy of your data-driven decision-making process, facilitating the attainment of your strategic objectives. By harnessing the power of visualizing market trends through BCA and forecasting crucial industry indicators, you gain a pivotal piece of the puzzle that sets you apart from your competitors.

Achieving Success through Data-Driven Decision Making

Several variables, including a company’s objectives and the available types and quality of data, affect how precisely data may be incorporated into the decision-making process. Every contemporary company should work to optimize their data-driven decision making to ensure profitable growth.

Emerging Technical Trends in the Powder Coating Industry

Emerging Technical Trends in the Powder Coating Industry

Innovation in powder coating technology is alive and well thanks to the creativity and hard work of powder formulators and polymer scientists. The emerging needs of the dynamic industrial coatings industry are being met by a renewed effort to innovate and provide ecologically friendly and sustainable powder technology. The latest advancements are opening up new opportunities in alternative substrates, e-transportation, highly corrosive environments, and thin film powder coatings.

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WEBINAR: Process Optimization and Overall Equipment Effectiveness

WEBINAR: Process Optimization and Overall Equipment Effectiveness

The first webinar in our Operational and Manufacturing Excellence limited webinar series in partnership with the American Coatings Association, “Process Optimization & Overall Equipment Effectiveness (OEE),” was held June 22. ChemQuest director Robert Kramer detailed operational efficiency, yields, margins, and quality that translate to increased EBITDA. Attendees gained an understanding of the development and implementation of key performance indicators (KPIs) for maximum profitability (ROI), as well as methods to implement and sustain improvements in manufacturing operations, processes, SKUs, and production.

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Business Strategy: Tips for Optimizing Digital Tool Implementation

Business Strategy: Tips for Optimizing Digital Tool Implementation

Digital strategy has become a common industry catchphrase. In reality, digital strategy and all of its semantic offshoots (i.e., digitization, digitalization, digital engagement, etc.) should serve as implementation tools of your overall business strategy. While proponents have prepared many well-developed visions of a future that digital can enable, it can be difficult to know where to start. To ensure success, fully explore the most effective timing and method(s) for your digital tools to trigger various human interactions. Digital tools should integrate with existing systems and processes such that the entire operation works effectively with minimal involvement of your personnel while achieving maximum customer impact.

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The Sticky Business of Adhesives Sourcing and Replacement

The Sticky Business of Adhesives Sourcing and Replacement

Manufacturers have dealt with numerous supply chain disruptions over the past several years. Identifying alternative sources for materials and products used in the manufacturing process is a necessary strategy for any company trying to limit the ramifications of these disruptions on its production capacity and end-product quality. The process can be complicated with adhesives, as adhesive performance varies quite broadly depending on the base chemistry and specific product formulation. Finding the optimal balance of properties for each application is therefore key when sourcing adhesive products.

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Developing CASE Sector Resiliency and New Growth Opportunities

Developing CASE Sector Resiliency and New Growth Opportunities

While recent trends represent good news for the CASE sector, it is important to come to the realization that the economic and industry conditions that existed prior to the COVID-19 pandemic are gone. In addition to numerous concerns, this “new normal” landscape offers opportunities for differentiation and growth for organizations that can build on the lessons they have learned.

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