Editorial of Coatings Special by Chemical Today magazine
In the last decade, the coatings industry has seen a major change in terms of innovation and technology advancement. Moving ahead from earlier demands of improved quality, users are now asking for multi-function coatings. Hence, industrial coatings are not just a layer of colour for beautification and protection but can now also reduce heat transfer in industrial process applications, provide chemical resistance, UV weathering etc.
Other than technology advancement, the issue of sustainability is picking up pace. Along with low-VOC paints, companies are now also addressing issues such as reducing waste and minimising their carbon footprint.
Some of the user industries are working together with coatings solutions and equipment providers to improvise their paint process and make them more environment-friendly and move towards a net-zero carbon footprint.
Globally, the coatings industry is witnessing a robust growth despite various uncertainties that revolve around the industry. Analysts predict that the global demand for industrial coatings is projected to touch $105.5 billion by 2022 with Asia-Pacific as the strongest contenders in this segment.
The industrial coatings industry is majorly dominated by the automotive industry. The growth of industrial coatings can be further attributed to the extensive range of application areas like architectural steel, automobiles and other transportation media, oil and offshore structures, wood furniture and fixtures etc.
Considering India, the paints & coatings industry is growing at a faster pace coupled with latest technological development. To tap this potential, many companies have upgraded their production processes. Advancements in digital technology such as software development for paints & coatings industry to meet customised production requirement is also enabling companies to compete at an international level.
Our ‘Coatings Special’ supplement looks to bring forward the latest trends and technologies in the industrial and decorative coatings industry. The two issues annually will focus on the best practices in the industry. Keep watching this space to know more about the coatings industry!
Whether you want to give us a break, bouquet or brickbats, write to editorial@worldofchemicals.com
By Shivani Mody,
Editor In Chief.
© Chemical Today Magazine
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