Suppliers See Upside to Paints and Coatings This Year

Suppliers to the paints and coatings industry say they are optimistic about the sector’s prospects this year, despite last year’s volume declines of 20%-30% and broad exposure to continued lackluster performance in construction and automotive markets. In addition to a more stable outlook for this year, trends toward eco-friendly, low volatile-organic-compound (VOC), and higher-performing paints and coatings are buoying sales of premium products and creating opportunities to gain market share, executives say. Suppliers say their customers are expecting...

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