Freedonia In The News

Article Title: Global market for paints to reach $ 186 bn in 2017: Freedonia
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Publication: Business Standard, 3/29/2014
Freedonia Study: World Paint & Coatings (3135)

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Global demand for paint and coatings is forecast to rise 5.2% per year to 51.6 million metric tonnes in 2017, valued at $186 billion, according to The Freedonia Group’s new study, ‘World paint & coatings’. Kent Furst, Analyst, Freedonia, said, “Advances will be driven by a strong rebound in global building construction, particularly in North America, Europe, and Japan, which will fuel increased demand for architectural paint.”
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Article Title: Global demand for paint & coatings to reach 51.6 million metric tons
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Publication: European Coatings, 4/2/2014
Freedonia Study: World Paint & Coatings (3135)

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"Advances will be driven by a strong rebound in global building construction, particularly in North America, Europe, and Japan, which will fuel increased demand for architectural paint”, according to analyst Kent Furst of The Freedonia Group. Manufacturing and specialty coatings demand will also grow at a more rapid pace compared to recent historical trends, benefiting from an improved outlook for motor vehicle production and overall industrial output. However, gains will be limited by the increased use of higher quality coatings in both the developed and developing world, reducing the volumes necessary to complete a given paint job.
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