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Von Dungen M.,Chemical Research GmbH | Maier C.,German Paint and Printing Ink Industry Association VdL
European Coatings Journal | Year: 2013

Industrial coatings emulated the drop in industrial production, with most sectors experiencing lower sales volumes. In 2012, total sales of wood coatings fell by 1 % in volume but were unchanged in value terms. In early 2013, demand for furniture remained weak. The production index for shipbuilding, excluding boats and yachts, for 2012 shows a further decline of 0.8 0/ compared to that in 2011. The current crisis in important segments of shipping travel is also proving to be very deep and longer-lasting than usual. So the fact that the German marine paints market in 2012 stayed at the level of the previous year must be viewed as a success. Current estimates for 2013 expect GDP to grow by 0.8 %. Given such weak growth, a further decline in the market volume for paints and coatings in Germany must be expected.


Von Dungen M.,Chemical Research GmbH | Maier C.,German Paint and Printing Ink Industry Association VdL
European Coatings Journal | Year: 2013

The measurement of the global market value increase over time is complex due to distortions caused by the currency exchange fluctuations. Thus, the definition of market size and growth in terms of volume offers a more accurate measurement of organic growth. Important factors influencing the growth of the paint and coatings market are the state of the world economy and the development of fast growing nations, in particular BRICS. Since the financial crisis of 2007-2008 the geographic markets around the world have evolved at varying paces and taken different directions. The consolidation process continues not only among the leading global players but also between the medium- sized and smaller paint companies with specific business focus such as Beckers, RPM and Teknos, as examples. While the leading companies are publicly traded corporations the next tier of companies tend to be privately held.


Von Dungen M.,German Paint and Printing Ink Industry Association VdL | Maier C.,German Paint and Printing Ink Industry Association VdL
European Coatings Journal | Year: 2011

The global paints and coatings market continues to recover and is expected to grow by 4% until the end of 2011. The comparison of both the GOP growth and that of the global coatings market shows the impact of the emerging economies' coatings demand since 2003. Since the emergence of the fast growing economies and their large demand for building paints and industrial coatings the world demand is shifting geographically and the global coatings demand is growing faster, at a rate exceeding that of GDP. From an end-use demand standpoint and in terms of value building paints represent the largest paint usage sector with a 41 % share in 2011. On the other hand the fragmented industrial and special-purpose coatings market hold 59 % of the market, in which general industry accounts for the largest share.

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