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Present and Future of the Powder Coatings Industry Interview with Kevin Biller President of The Powder Coating Research Group – Columbus (OH), United States
W
e interviewed Kevin Biller, one of the
The powder coatings industry always
been buoyed by the healthy growth rates in the
leading international powder coating
shows great ferment. Could you give us an
Asia Pacific market and the slightly higher than
experts, in order to know what are
overview of its pre- and post- pandemic
GDP growth rates in the more mature markets
the most urgent current needs in the sector
situation?
in Western Europe and the Americas.
and to understand their future prospects. If
Pre-Covid, as the world ushered in a new
Consolidation during the 2010s had shrunk the
a climate of uncertainty persists, nevertheless
decade, the powder coating industry was faced
overall number of players down significantly to
considerable resources have been put in
with challenges as the economic recovery was
the point that less than ten players represent
place to combat it. In Biller’s words we find
beginning to slow down. The global market for
over 80% of the global market. This is especially
all the preconditions for the most important
powder coatings hovered around $10.5 to 11.0
true in the Western regions. North America is
challenges that the powder coating industry will
billion US and had experienced a compound
dominated by five producers: Sherwin Williams,
have to face.
annual growth rate of about 5.5% for the
PPG, AkzoNobel, ProTech and Axalta, while the
previous three to four years. That CAGR had
top players in Europe are AkzoNobel, Jotun,
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N. 69 - MAY/JUNE 2021 - international PAINT&COATING magazine
