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Pursuing Profitable Growth Strategies: A Case Study in Value Creation
It seems logical that all companies would place a high priority on fully evaluating and implementing the ideal profitable growth strategies for their business, but this is not always the case. Why? The answer often lies in limited resources. Astute companies often use a team of third-party experts as an extension of their management team to expand the bandwidth needed to drive success.
U.S. Coatings Industry: Looking Behind and Ahead
The U.S. Market Analysis for the Paint and Coatings Industry, 2023-2028, written by ChemQuest in partnership with the American Coatings Association, will be released in March of this year. The previous industry analysis and forecast for the period 2019-2024 was published on March 1, 2020. We all can remember how the world — and our industry — changed just a few weeks later due to the onset of the COVID-19 pandemic and subsequent economic, manufacturing, and supply chain issues.
Three Global Megatrends Represent Opportunities for the Coatings Industry
In many ways, 2023 brought a feeling of “normalcy,” as the impacts of the COVID-19 pandemic and numerous supply chain disruptions receded further into history. Challenges certainly remain (including economic uncertainty and increasing regulatory pressures, among others), but opportunities abound for innovative companies in the coatings industry.
Replacing Materials of Concern in Your Specialty Chemicals Formulations
Volatile organic compounds (VOCs). Isocyanates. Crystalline silica. Regulations regarding materials of concern are becoming increasingly complex all around the world, and the list of “concerning” materials only continues to grow. For this reason and others (e.g., supply chain constraints), developing a protocol for materials replacement is a necessity for those operating in the specialty chemicals sector.
Focus on Sustainability has Powder Coatings Poised for Growth in the U.S.
The driver behind the impressive growth of powder coatings can be attributed to their environmentally friendly profile, combined with exceptional performance characteristics. Looking forward, powder coatings are projected for continued above-market growth, with most reports claiming a global CAGR of 5.2-6.2% through 2028 (and the U.S. market to be on the higher end of the growth range). What is driving this high CAGR in the U.S.?
Next-Generation Adhesives for Wind Turbine Blades
As the global wind energy industry continues to evolve, how will adhesive bonding adapt? Adhesives are a critical contributor to the structural load-bearing performance of the final wind blade assembly. They are therefore subject to long qualifications at blade manufacturers. The current turbine blade bonding technology may be completely reshaped by three opportunities: raw material availability, blade recyclability, and the evolution of blade designs.
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