As mentioned by Frost & Sullivan in its latest report “2016 Top Technologies in Chemicals and Advanced Materials”, following areas remained dominant in field of research:
- Novel chemistries
- Reduced raw material consumption
- Low volatile organic compounds content
- Environmentally benign chemicals and materials
Rapid advances in materials such as graphene, carbon fibers and nanocoatings took innovation to a higher level, attracting a host of investors that are eager to fund research in materials and coatings.
So far, 2016 has seen some of the key acquisitions, investments in sustainability, environmental regulations and top technologies.
Let’s take a look at these key trends and updates seen in 2016 in paints and coatings industry!