European Coatings Journal - 16.09.2022 | Damir Gagro | BINDERS AND ADDITIVES MARKET REPORT

TENSE AND DIFFICULT

The Covid-19 outbreak caused disruptions in the supply chain. Prices and availability of raw materials came under pressure. For many binders, such as epoxy resins, prices exploded significantly. An increase in the high double-digit percentage range was no longer the exception. This development began in the last quarter of 2020 and continues today. Prices remain at a high level. There is no relief in sight, as other factors besides the pandemic are now affecting the market. According to the market research company Allied Market Research, for example, uncertain demand from sectors such as the automotive industry and construction led to ...
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