Two New ACA-Published Market Analyses for the Paint & Coatings Industry Now Available

Studies Survey the U.S. and Global Market for Paints and Coatings, Offer Forecasts through 2024

Washington, D.C., April 21, 2020 — The American Coatings Association (ACA) is pleased to announce the publication and availability of two new and highly anticipated market studies: the U.S. Market Analysis for the Paint & Coatings Industry (2019–2024) and Global Market Analysis for the Paint & Coatings Industry (2019–2024). For the first time, these longstanding market studies are being published in tandem to provide a fuller view of the domestic and international markets and future direction of the industry, technology, and competitive landscape. The studies’ new chapter formats are synced and similarly scoped for ease of comparing U.S. and global market performance for the myriad segments, offering insightful analysis, with 5-year projections for sector and segment performance.

Profitably operating amid economic and geopolitical challenges, and severe supply chain pressures requires broad insight; the new U.S. and Global Market Analyses for the Paint & Coatings Industry (2019–2024) identify key market opportunities and growth drivers so purchasers can gain a competitive advantage.

These two studies are unique in that they also incorporate findings from interviews with key industry experts whose insights provide a solid base for analyzing the impact of trends and drivers in major market segments, making the studies the go-to resource for paint and coatings industry executive business planning.

Prepared by The ChemQuest Group, Inc. — a global business strategy and external technology development firm with focus and expertise specific to the specialty chemicals markets, including formulated products such as coatings, adhesives, and sealants, as well as raw materials —  the studies present the following:

• Profile of major types of paint and coatings by region and end market;
• Market and growth forecasts in volume, value and price, through 2024;
• Sector analysis and market dynamics, including end-use markets, economic and trade influences, technology trends and drivers (including R&D initiatives), regulatory and environmental influences, Porter’s Five Forces Analysis, and key buying factors; and
• Qualitative and quantitative data in updated graphic chart design, and easily digestible PowerPoint style.

The U.S. Market Analysis for the Paint & Coatings Industry (2019–2024) profiles 19 market segments in detail, from Architectural Coatings, to Rail Rolling Stock Coatings, valuing the 2019 U.S. Architectural Coatings market at $12.8 billion in 2019. A dedicated chapter on New Technology Development and Market Opportunities is accompanied by expanded coverage of Raw Material Feedstocks’ Dynamics and Trends; Appliance Finishes; Wood Furniture, Cabinet, and Fixture Finishes; Non-Wood Furniture, Fixture and Business Equipment Finishes; and Powder Coatings; as well as an updated chapter on Protective Coatings, which breaks out coatings technology and usage in the Oil and Gas Value Chain (i.e., downstream, midstream, upstream) and other key subsegments to include commercial architecture, processing and manufacturing, power generation and pent-up demand for infrastructure refurbishment and related funding sources.

The Global Market Analysis for the Paint & Coatings Industry (2019–2024) profiles three sectors – Architectural Coatings (1 segment); Industrial OEM Coatings (8 segments); and Special Purpose Coatings (3 segments) – by region: North America; Europe; Asia-Pacific; Latin America; and Middle East & Africa.

ACA is offering special bundle pricing for purchasers who buy both studies, as well as special pricing for purchase of a corporate access license. These purchasers will also receive ChemQuest’s Excel spreadsheet for the U.S. and Global studies, populated with volumes, values, and growth rates by region and market, for ease of comparing and merging their internal company data. Additionally, all purchasers of the study will receive the bonus of a free virtual consulting day with ChemQuest using cloud-based technology powered by @DTEN interactive touch-based video and whiteboard tools.

For more information, or to order the market studies, please visit www.paint.org/market.

About ACA
The American Coatings Association (ACA) is a voluntary, nonprofit trade association working to advance the needs of the paint and coatings industry and the professionals who work in it. The organization represents paint and coatings manufacturers, raw materials suppliers, distributors, and technical professionals. ACA serves as an advocate and ally for members on legislative, regulatory and judicial issues, and provides forums for the advancement and promotion of the industry through educational and professional development services. For more information, visit www.paint.org.

About the ChemQuest Group, Inc.
The ChemQuest Group Inc. is a global business strategy and external technology development firm widely recognized among raw material suppliers, formulators and financial investors with focus and expertise specific to the specialty chemicals markets. ChemQuest’s mission enables its clients to challenge established thinking to unlock new and hidden insights empowering an organization’s smart risk-taking, catalyzing innovation excellence and value creation. ChemQuest’s four service pillars include Business Strategy & Transformation; Mergers, Acquisitions & Divestiture; Commercial & Operational Efficiencies; as well as Technology & Application Development through the ChemQuest Technology Institute. ChemQuest services extend across eleven formulated product categories and over 14 end-use markets within the specialty chemicals value chain. ChemQuest’s team includes former senior managers from major manufacturers, business owners, and senior technical managers including 34 Ph.D. chemists, with a minimum of 25 years of experience in specialty chemicals, who understand the challenges of driving and managing growth in changing markets. For more information, visit www.chemquest.com.

The post Two New ACA-Published Market Analyses for the Paint & Coatings Industry Now Available appeared first on American Coatings Association.

from American Coatings Association https://www.paint.org/market-analyses/
via IFTTT