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How to Improve Paints and Coatings Processing Operations

How to Improve Paints and Coatings Processing Operations
01/09/2019

An Overview of the Paints and Coatings Market From solvent-based paints and pigments, to water-based paints and resin, the paints and coatings industry is expected to exceed $204 billion US dollars by 2023, growing at a CAGR of 4.92% 2023. Factors accelerating the growth include increasing urban population and rising household consumption expenditure.

The growing automotive industry and improving economic conditions are also contributing to the overall market expansion.

Many Challenges Impacting the Margins of Paint and Coatings Manufacturers Despite the growth, in recent years the paint and coatings industry has faced numerous challenges.

As well as being one of the most regulated industry sectors in the world, issues such as sustainability challenges, concerns over safety and lower Volatile Organic Compound (VOC) regulations have put huge pressure on paints and coatings processing operations. Paints and coatings manufacturers have also been hit by increasing raw material prices which have had a significant impact on margins.

Many paints and coatings manufacturers are responding to these challenges through responsible manufacturing practices and innovative technologies and processes such as product recovery (‘pigging‘) and liquid transfer solutions.

In this blog article, we’ll explore some of the ways pigging and liquid transfer technologies such as the HPS Automatrix and HPS Rotomatrix can help paints and coatings manufacturers improve their processing operations and boost their bottom line.

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