Canadian Finishing and Coatings Manufacturing

 

January 19, 2023

 

Paint Additive ReportBased on an analysis by Fact.MR, the global coating additives market is valued to be US$9.3 billion in 2023 and it is anticipated to grow at a compound annual growth rate (CAGR) of five per cent to reach US$15.1 billion by the end of 2033.
Wide-ranging advantages of coatings additives such as foam control, wetting [wet-out], and dispersion properties are expected to create healthy growth during the forecast period and the rising coatings market has an impact on the demand for additives.
The rapid growth in the application of automotive and wood and furniture coatings additives is expected to magnify the growth of coating additives in the forthcoming years.
Further, coatings ingredients are used in construction paints to enhance the viscosity and the surface effectiveness of substrates, driving the need for paints and coatings as the construction sector expands.
And as coatings additives are a class of chemically created materials that have a variety of uses in different sectors and due to performance improvements, the demand for such additives is increasing across the automotive and other end-use industries.
In addition, the coatings additives market expansion is greatly influenced by sustainability. Numerous industries and enterprises are turning to environmentally friendly materials as legislation moves closer to environmental preservation. The market for environmentally friendly coatings additives will, Fact.MR says, further expand the growth of this sector.
The report outlines these key growth timelines:

  • Short Term (2023-2026): The growing influence of eco-friendly coatings additives will add growth to the environment-friendly coating additives market.
  • Medium Term (2026-2029): Growing economies of East Asian countries and government regulations will favour the growth of the coatings additives market in medium term.
  • Long Term (2029-2033): Expanding automotive industry coupled with the paint processing systems worldwide is anticipated to create abundant growth opportunities for the coatings additives market in a long run.

This detailed research report on the global Coating Additives Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes note of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.

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CFCM slingpsychrometer 400Paul N. Gardner USA, global distributors, producers, and designers of quality physical and inspection instruments for the paint, coatings, and related industries, has introduced a new offering: The compact, portable Sling Psychrometer.

As an easy way to measure relative humidity levels quickly, this uniquely compact Bacharach Sling Psychrometer accurately determines per cent relative humidity without the necessity of consulting complex tables. There is no need to wet the wick each time a reading is taken, and it contains a slide rule calculator which correlates wet and dry bulb thermometer indications for direct reading of relative humidity. When not in use, the thermometer case telescopes into the handle for protection.

The Sling Psychrometer consists of two thermometers that are turned by vigorously swinging the handle and exposing the thermometers to rapid air movement. These two thermometers are called dry bulb and wet bulb. The bulb of one thermometer is placed in direct contact with the room air to measure dry-bulb air temperature. The bulb of the other thermometer is covered with a silk or muslin sleeve that is kept moist to record the wet bulb temperature. Evaporation cools the wet bulb more than the dry bulb, and the humidity is obtained as a function of change in temperature. The atmospheric humidity is determined by calculations, steam tables, or using a psychrometric chart. Gardco.com  

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