CoatingsTech Archives
Resins Roundtable Resins Suppliers Navigate in Uncertain Time
February 2005
By Cynthia Challener
The rapidly evolving market conditions for paint and coating resins have left many manufacturers in a difficult situation. High raw material costs and shortages of key commodity chemicals and other ancillary goods such as steel and aluminum have already begun to have a significant impact on the industry.
These economic factors and the recent exemption of tertiary butyl acetate have diminished the impact of ever-increasing VOC restrictions and other regulatory pressures as the main issue for the coatings industry. Most analysts do not expect the conditions to be alleviated in 2005. Suppliers of resins to the paint and coatings marketplace must react quickly and decisively in order to remain successful during this challenging period.