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From the President

From the President

From the President

A couple of weeks ago, I was talking to a resin manufacturer who told me that his company’s output was not constrained by plant capacity but rather by the availability of monomers. To me, that is an illustration of the fact that, since petrochemicals are by products of the oil industry, when demand for fuel decreases (telecommuting, travel restrictions), petrochemicals become scarce.

Non-petroleum based raw materials, such as our Greephase(TM) line of resins, are not subject to this type of supply disruption.

For more information, click the “Industrial Products” button above or contact us at info@polymerphases.com.

 

 

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POWDER COATINGS’ MARKET

POWDER COATINGS’ MARKET

According to an article published by the American Coatings Association (www.coatingstech-digital.org/coatingstech/july_2020/MobilePagedArticle.action?articleId=1600482&app=false#articleId1600482), the market for powder coatings was estimated at $ 11 billion in 2019 . Once the Covid-19 pandemic recedes, the market is estimated to grow at a compound annual growth rate ranging from 3.9 to 5.4%, depending on the source. At 5.4%, the global market would reach an annual value of $ 19 billion by 2026.

Industry revenues are expected to reach pre-COVID-19 levels by Q2 2021.