The world paint production leveling off terminal market recovery
2013.10.16 08:18The world paint production development prospects? Although titanium pigment and other raw material prices continue to rise,make the coating industry profits are still facing a lot of pressure,but the construction of North America show signs of recovery and industrial end-markets especially strong double stimulation of the auto industry,the global paint manufacturers a growing confidence in the business growth.
Raw materials for serious challenges
The predicament of rising raw material costs in the paint manufacturers have mainly comes from the titanium white prices continue to rise.To ease the pressure,paint manufacturers are seeking through technology and new cutting dosage of titanium dioxide.Dow chemical coatings business,vice President of guangxi le,nova,said the company is currently committed to developing a new kind of polymer technology,to improve the effect of diffusion of titanium dioxide in coatings.Alexander said,PPG industries the company's goal is in the short or medium term cut in the use of titanium dioxide 4%-6%.Xuanwei CEO Christopher connor said,the company is trying to through the application of titanium sulfate,new technology and new formula to partly replace titanium dioxide,the goal is to cut the dosage of titanium dioxide 5~10%.
Terminal market recovery
American construction market began to recovery from the trough,paint manufacturers are also actively expand other markets at the same time.Dow chemical coatings business,vice President of guangxi le,nova,said in emerging markets,the rapid development of economy is stimulating coating demand is rising rapidly.Alexander said,food and beverage packaging such as terminal market demand is relatively stable,because the consumer goods market and the economic cycle correlation smaller,more independent.
By Nicole