European Coatings Journal - 15.07.2024 | Markus Loy | MARKET REPORT

TRENDS AND OPPORTUNITIES FOR ENTREPRENEURS

The paint and coatings industry has faced a number of challenges in recent years. Last year was characterised by significant fluctuations in the raw materials markets, which affected the stability of the industry. Architectural paints, which experienced an upswing during the Covid pandemic, suffered a significant drop in sales in 2023. Industrial coatings, on the other hand, showed a more stable development, although these came from a low level due to the negative impact of Covid-19. The outlook for 2024 remains challenging. Due to the tense economic situation and the current high level of interest rates, there were ...
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