Key trends in the construction industry are influencing the market for protective building coatings:
- More refurbishment and renovation: In recent years, our construction market has experienced a clear shift from construction to renovation work. Whereas previously new buildings accounted for most construction work, it is now refurbishment and renovation.
- Minimizing construction-site downtime: The focus in many segments is increasingly on minimizing construction-site downtime and the associated loss of earnings for the owners or occupiers of buildings. These factors have led, among other things, to a greater demand for more efficient, long-lasting coating solutions.
- Growing demand for decorative floorings: As more and more end users call for customizable solutions, there is also a growing demand for high-class decorative floorings.
- Expanding segments: With the number of green-field shopping centers, storage facilities and logistics depots continuing to rise, more and industrial and decorative floorings are required.
- Stricter VOC regulations: As stricter VOC regulations are introduced, there is a greater need for low- to zero-emission coatings.
- Enhancing energy efficiency: Most of the world’s energy is consumed to heat or cool buildings. Fortunately this is a sector where we are making a significant contribution to enhancing energy efficiency.
