Global per capita paints and coatings consumption grew from $XX in 2011 to $XX in 2015 at a CAGR of XX% and is expected to grow to $XX in 2019 at a CAGR of XX%. Per capita consumption is increasing because of increase in consumption of paint and coatings in developing countries such as China and India for construction and manufacturing industries.
PET technology enables homogenous distribution of mineral particles during painting. It is an acrylic polymer capable of encapsulating mineral pigments used as paint formulators. The main performance of the coatings comes from the bulk of the binder composition, however additional polymer features such as crosslinking, oxidative or UV(Ultra Violet) curing and specific morphology can boost overall performance, improving the dirt pick up resistance in most cases.
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