Latest Developments in Global Metal Coatings Market

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Latest Developments in Global Metal Coatings Market

  • Chemical and Materials
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • In March 2024, the global metal coatings market saw a major shift toward eco-friendly solutions. Stricter environmental regulations fueled demand for water-borne and powder coatings, aligning with the industry's commitment to reducing ecological footprints. Consumers increasingly preferred sustainable products, pushing manufacturers to innovate with greener technologies. This transition highlights a broader trend where durability and aesthetics meet sustainability in industrial coatings. Companies are investing in advanced resin technologies to comply with regulations while enhancing performance 
  • In July 2024, the European Union introduced provisional anti-dumping tariffs of up to 39.7% on Chinese titanium dioxide (TiO2) imports. This move aimed to counter unfair pricing practices but raised concerns among EU paint manufacturers about rising production costs and potential financial strain. The tariffs, which primarily target TiO2 used in coatings, are scheduled for review by EU member states in January 2025
  • In November 2023, Clariant presented its latest advancements at ChinaCoat 2023 in Shanghai, highlighting environmentally friendly and sustainably formulated coatings. The company showcased solutions designed to protect human health and the environment, reinforcing its commitment to global sustainability trends. Clariant introduced PTFE-free additives and water-based formulations aimed at improving performance while reducing ecological impact. The event also featured discussions on light stabilizers, flame retardants, and dispersants for industrial coatings
  • In February 2023, AkzoNobel finalized a €21 million expansion at its Powder Coatings facility in Como, Italy. The project introduced four new production lines—two dedicated to automotive primers and two for architectural coatings—to address rising demand across Africa, the Middle East, and Europe. The facility now features advanced bonding equipment to enhance product quality and consistency. Additionally, the expansion repurposed an existing building, promoting sustainable manufacturing while supporting AkzoNobel’s goal of reducing carbon emissions by 50% by 2030
  • In November 2023, AkzoNobel launched Interpon D1036 Low-E, an architectural powder coating designed to cure at temperatures as low as 150°C. This breakthrough reduces energy consumption by up to 20% and speeds up the curing process by 25%, improving production efficiency. The product holds Qualicoat Class 1 certification, ensuring compliance with sustainable building practices. AkzoNobel developed this innovation to support carbon reduction goals, aiming for a 50% decrease in emissions across the value chain by 2030