Powder Coating

Mar2016

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(CAGR) of around 7.2 percent in the next 5 years to reach approximately $11.8 billion by 2020. This is according to Global Powder Coating Equipment Market Analysis & Trends – Industry Forecast to 2020, a report from Research and Markets, an industrial market re- search firm. The report focuses on mar- ket trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. It presents detailed market analysis with in- puts derived from industry professionals. US manufacturing technology orders grew in December MCLEAN, Va.—December US man- ufacturing technology order values grew 20.4 percent over the previous month to reach $401.16 million. De- c e m b e r s a w t h e s e c o n d - h i g h e s t monthly order totals in 2015, with the most orders coming in March. This is according to the Association for Man- ufacturing Technology (AMT) as re- ported by companies participating in the United States Manufacturing Technology Orders (USMTO) pro- gram. For all of 2015, the year's total orders were down 17.4 percent com- pared to 2014. While the month-to- month gain seemingly indicates an up- turn for the manufacturing technology market, it is important to note that the average November-to-December gain since 2010 has been 22.4 percent, which means that the end of 2015 came in below average. "The fourth quarter turned out better than anticipated thanks to investment from the aerospace, automotive, and consumer electronics industries, but the overall market will remain flat through the first three quarters of this year due to market forces like the strong dollar and low oil prices," said Douglas K. Woods, AMT president. "It's typical for December orders to rise as many companies invest their year-end profits into new equipment, and technology builders and suppliers try to reduce their inventories with dis- counted products. This uptick in or- ders does not change our forecast for the year." The overall market for manufacturing technology is likely to remain soft into the third quarter of 2016, but industry forecasts predict that orders for the overall year will finish ahead 3 percent compared to 2015, with much of the activity coming in the fourth quarter. The USMTO report provides regional and national US orders data of domes- tic and imported machine tools and re- lated equipment. AMT represents and promotes US-based manufacturing technology and its members, includ- ing those who design, build, sell, and service the continuously evolving tech- nology that lies at the heart of manu- facturing. The USMTO report is compiled by AMT and all data in the report is based on the totals of actual data reported by companies participat- ing in the USMTO program. Paints and coatings market closely analyzed ALBANY, N.Y.—Driven by increase in construction activities around the world, the global paints and coatings market is projected to expand at a 5.4 percent compound annual growth rate (CAGR), growing from $100.3 billion in 2012 to $143.9 billion by 2019. This is according to Paints and Coat- ings Market by Product Segment (High Solids/Radiation Cure, Powder Coat- ings, Waterborne Coatings, Solvent Borne Technologies and Others) for Au- tomotives & Aviation, Medical & Healthcare, Residential, Commercial and Other End-users — Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019, a new mar- ket report offered by Transparency Market Research, an industrial re- search firm. On the basis of product, waterborne coatings held the largest share, ac- counting for 40 percent of global de- mand in 2012. Solvent-borne tech- nologies held the second highest share, but are anticipated to witness a declin- ing demand trend by 2019. By end user, the residential sector held the largest share of the paints and coatings market and, in 2012, made up for 33.1 percent of overall demand. Aviation and automotive is estimated to be the most rapidly developing end-user seg- ment by 2019. 38 POWDER COATING, March 2016 Preliminary steel imports decrease in December WASHINGTON, D.C.—The Ameri- can Iron and Steel Institute (AISI) has re- ported that for the month of December 2015, the US imported a total of 2,323,000 net tons (NT) of steel, includ- ing 2,017,000 NT of finished steel. Re- spectively, these totals are a decrease of 5.3 percent and increase of 3.2 percent versus November final data. Full year 2015 total and finished steel imports were 38,718,000 and 31,425,000 NT respectively, down 13 percent and 7 per- cent respectively versus 2014. Finished steel import market share was an esti- mated 26 percent in December and is es- timated at 29 percent for the full year. AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the pre- ferred material of choice. For more news about steel and its applications, visit www.steel.org. US primary aluminum production rate surveyed ARLINGTON, Va.—Based on Alu- minum Association surveys, the an- nual rate of US primary aluminum production totaled 1,255,628 metric tons (tonnes) during January 2016, a drop of 24.9 percent from the January 2015 annual rate of 1,672,748 tonnes. Compared to the previous month, the annual rate of production decreased 6.0 percent from the December 2015 annual rate of 1,335,476 tonnes. Pri- mary aluminum production totaled 1,586,518 tonnes in 2015, down 7.2 p e r c e n t f r o m t h e 2 0 1 4 t o t a l o f 1,709,668 tonnes. Actual production for the month of January 2016 totaled 106,351 tonnes. Participating compa- nies account for 100 percent of US pri- mary aluminum production. Global powder coating equipment market to reach $11.8 billion by 2020 DUBLIN, Ireland—The global powder coating equipment market is poised to grow at a compound average growth rate UPDATE: Markets

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