POSITIVE OUTLOOK FOR US PAINTS AND COATINGS MARKET IN 2016
March 1st, 2016
The 2016 outlook for the US paints and coatings industry remains positive, with experts predicting growth thanks to a resilient US economy, a strong performance by the manufacturing industry, and notable new trade agreements.
According to IBISWorld, a global market research company, the US paints and coatings industry bounced back quickly from the financial economic crisis beginning in 2008. As a result, industry revenue grew 3.1% per year on average to USD28.1 billion during the five years to 2016, and while IBISWorld expects revenues to rise more slowly this ...
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