Published By : 09 May 2016 | Published By : QYRESEARCH
The increasing building and construction industry and the rising activities of manufacturing in the region of Asia Pacific are amongst the major factors fuelling the market for paints and coatings. In addition¸ the rising demand for waterborne paints and coatings is also a major factor augmenting the growth of the market.
The prime trends seen in the market for paints and coatings have been elaborated on as under:
For example: Akzo Nobel launched an improved and new architectural warranty systems in January 2014 for the AAMA compliant category of architectural coatings. In addition, PPG has launched ELECTROCOLOR 3500 coatings in the same year. This is a lightly-tinted clear coating made particularly to be used on metal surfaces of tablets, smartphones, notebooks, and other electronic devices.