Industry Trends

NOVEMber 2023

See what has been happening in Asia’s coating and resins industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

Coatings industry in 2050, Pigments created from crustaceans, Significance of sustainability in the printing inks and adhesives industries, and more. Find out what coating & resins journals and industry experts have been discussing in the last four weeks.

Latest Industry Articles

What Will the Coatings Industry Look Like in 2050?
Coatings World

Thinking 27 years ahead is a daunting task. But for Nigel Shewring, vice president of R&D at the coatings company Hempel, it’s part of the job.

Fraunhofer IPA Creates Pigments from Crustaceans
Ink World

Scientist at Fraunhofer IPA, the University of Paderborn in Germany and Siegwerk Druckfarben has created a biogenic pigment that they have named “Crusty Pigments” These pigments are made from chitin and other bio-based dyes.

Significance of Sustainability in the Printing Inks and Adhesives Industries
Ink World

Sustainability initiatives are being adopted across industries due to strict government regulations, coupled with increasing consumer awareness regarding environmental degradation. The coating industries, like printing ink and adhesives, which accounts for a high share of air pollution, is also adopting sustainability measures in its various functions, including manufacturing and procurement.

AkzoNobel’s Yacht Coatings Business Opens New Research Center
Coatings World

Awlgrip and International, two of AkzoNobel’s leading yacht brands, continue to set the standard in customer support and innovation with its new Application Research Center (ARC), a world-class center of excellence offering a cutting-edge location to trial and test products, systems and technology alongside first-rate product application training.

AkzoNobel Invests in Drone-based Automated Coatings Inspection Technology from Donecle
Coatings World

AkzoNobel has acquired a minority stake in Donecle, the automated inspections business whose drone technology is central to AkzoNobel’s new Aerofleet Coatings Management service that is dramatically helping airline operators to optimize their aerospace coatings replacement and maintenance schedules for individual aircraft in their fleet.

New Presses are Helping Drive Growth in Digital Textile Printing
Ink World

Although it remains a small portion of the textile printing segment, digital textile printing is growing faster than other printing processes. Improved printhead technology, enhanced software for color management and design are helping to increase speed and improve quality.

The Raw Material Market Sees Some Stabilization in 2023
Ink World

While the costs and availability of key ingredients has generally improved during the past year, most prices have not rebounded to pre-pandemic levels.

Mergers and Acquisitions in the Printing Ink Industry
Ink World

2023 has been an active year for the printing ink industry, its customers and suppliers. Well-known industry players such as Gleitsmann Security Inks, EMI Mills and Phoseon Technology were acquired, and Gans Ink sold its Energy Curable, Sublimation, and Security Ink Divisions to Precision Ink. On the printing side, the proposed combination of  Smurfit Kappa and WestRock would form the largest listed global packaging partner by revenue.

Auto Refinish Coatings Market
Coatings World

The global automotive refinish coatings market size reached $10 billion in 2022, according to market research firm IMARC Group. Their analysts predict that the market will reach $13.2 billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.

Orion Highlights Circular, Bio-based Carbon Blacks for Coatings at 36th Western Coatings Symposium

Coatings World

Orion is spotlighting several new sustainable carbon blacks for coatings at the WCS.

OXERRA to Build Complex Inorganic Color Pigments Facility in China
Coatings World

OXERRA, an iron oxide pigment manufacturer, announces its intention to build a manufacturing facility of complex inorganic color pigments (CICP) and a comprehensive research center in China before the end of 2023.

Domino Printing Sciences Opens New Subsidiary in Indonesia
Ink World

Domino Printing Sciences announces the official opening of Domino Printing Indonesia, a new subsidiary dedicated to providing complete, closed-loop coding solutions for the archipelago of Indonesia. Domino will become the first global coding and marking provider to establish a direct presence in the Indonesian market.

Emerging markets need $1.5 trillion to make buildings greener
BusinessWorld

Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions, a top economist at the World Bank’s private finance arm told Reuters. Of that $1.5 trillion, China accounts for $1.33 trillion, reflecting its size and urbanisation, and Latin America and the Caribbean, Asia, Europe and Africa most of the rest, the International Finance Corporation said in a new report.

The 2023 Asia-Pacific Ink Market
Ink World

As the world emerges from the COVID pandemic, the region is seeing growth throughout the area. The Asia-Pacific region is an important economic driver. Its printing industry, particularly on the packaging side, continues to expand, and so does its ink business.

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