{"id":16072,"date":"2023-11-29T08:00:47","date_gmt":"2023-11-29T14:00:47","guid":{"rendered":"https:\/\/www.ulprospector.com\/knowledge\/?p=16072"},"modified":"2023-11-29T09:02:18","modified_gmt":"2023-11-29T15:02:18","slug":"pc-2023-wrap-up-and-predictions-for-2024","status":"publish","type":"post","link":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/","title":{"rendered":"2023 wrap up and predictions for 2024"},"content":{"rendered":"<p>In continuation for the focus on R&amp;D several main topics can be identified, such as the preference for <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=Intumescent+Coatings+&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>Intumescent Coatings<\/strong><\/a> over Cementitious Coatings: Intumescent coatings are known for their fire-resistant properties, which makes them highly valuable in the construction industry. Intumescent coatings provide passive fire protection, and their popularity is expected to continue to grow as safety regulations and the need for long-lasting construction materials increase.<\/p>\n<p>Here are some reasons for this preference:<\/p>\n<p>Fire Resistance: <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=Intumescent+Coatings+&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">Intumescent coatings<\/a> are specifically designed for fire protection. When exposed to high temperatures, they expand and form a char layer, which insulates the underlying substrate. This expansion and char formation can delay the spread of fire and protect structural elements. In comparison, cementitious coatings might provide some fire resistance, but intumescent coatings are generally more effective in fire scenarios.<\/p>\n<p>Thickness and Weight: This reduced thickness and weight make them more attractive in construction and retrofitting projects because they don&#8217;t add as much load to the structure. In some cases, the weight of cementitious coatings can be a concern, especially in applications where structural integrity is paramount.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16073\" src=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions1-300x277.png\" alt=\"\" width=\"300\" height=\"277\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions1-300x277.png 300w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions1.png 537w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><a href=\"#_ftn1\" name=\"_ftnref1\">[1]<\/a><\/p>\n<p>Other benefits of <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=Intumescent+Coatings+&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">intumescent coatings<\/a> are:<\/p>\n<ul>\n<li>Aesthetic Considerations<\/li>\n<li>Ease of Application<\/li>\n<li>Flexibility and Compatibility<\/li>\n<li>Regulatory Compliance<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Formulation\/search?k=%22Waterborne+Coating%22&amp;st=31&amp;so=k_0&amp;sl=258892615&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>Water-Borne Coatings<\/strong><\/a> as the &#8220;Green&#8221; Option: Water-borne coatings have gained market share because they are positioned as an environmentally friendly or &#8220;green&#8221; option. They have a lower volatile organic compound (VOC) content, which is better for the environment and human health. This trend reflects a broader shift in consumer and industry preferences toward more sustainable and eco-friendly products.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16074\" src=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions2.png-300x149.jpg\" alt=\"\" width=\"300\" height=\"149\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions2.png-300x149.jpg 300w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions2.png-768x382.jpg 768w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions2.png.jpg 942w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The continued investment in <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Formulation\/search?k=anticorrosion+coatings&amp;st=31&amp;so=k_0&amp;sl=258893523&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>anti-corrosion smart coatings<\/strong><\/a> reflects the need for protective solutions, particularly for metals used in various applications, from fasteners to architectural, engineering, and construction (AEC) components. These coatings are designed to prevent corrosion and extend the lifespan of metal structures and components. The use of &#8220;smart&#8221; coatings suggests the incorporation of advanced technologies, such as sensors and monitoring systems, to provide real-time data on corrosion and coating performance. This aligns with the industry&#8217;s focus on longevity, maintenance, and efficiency.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16075\" src=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions3-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions3-300x200.jpg 300w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions3-768x512.jpg 768w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions3.jpg 985w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22architectural+coating%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>architectural coatings<\/strong><\/a> industry is indeed experiencing significant technological advancements, primarily driven by environmental concerns and the need for more efficient and <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22Sustainable%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">sustainable<\/a> solutions. Here are some notable developments:<\/p>\n<p><strong>Pigging Technology<\/strong>: Pigging technology is becoming a must-have for paint and coatings manufacturers. It involves using a pig (a device) to recover residual liquid products from pipelines, reducing waste and increasing yields. This technology is particularly valuable in the context of water- and solvent-based paints, pigments, and coatings. It not only helps minimize waste but also results in cost savings. By optimizing product recovery, pigging technology aligns with the industry&#8217;s focus on sustainability and efficiency.<\/p>\n<p><a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=hydrophobic+coating&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>Hydrophobic Coatings<\/strong><\/a>: Hydrophobic coatings are another area of significant innovation in the industry. These coatings are designed to repel water, making surfaces water-resistant and easier to clean. They find applications in various sectors, from the fenestration industry (windows and glass) to the fabrication of more durable steel and wood substrates. By preventing moisture-related issues and enhancing the durability of substrates, <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=hydrophobic+coating&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">hydrophobic coatings<\/a> are becoming increasingly important in construction and manufacturing.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16076\" src=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions4-300x76.jpg\" alt=\"\" width=\"300\" height=\"76\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions4-300x76.jpg 300w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions4.jpg 396w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>These technological advances are driven by a combination of environmental awareness, efficiency goals, and the need for more durable and effective coatings. As the industry continues to evolve, we can expect to see even more innovations that address these concerns and improve the performance of architectural coatings.<\/p>\n<p>In the <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22architectural+coating%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">architectural coatings<\/a> industry, a significant portion of greenhouse gas emissions stems from indirect sources in the value chain, including the production of raw materials.<\/p>\n<p>Recently <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Suppliers\/479\/3821\/4968\/105527\/search?sug=1&amp;st=31&amp;so=bs_479+bs_3821+bs_4968&amp;sl=258897739&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\"><strong>BASF<\/strong><\/a> has launched a new series of renewable sourced <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Suppliers\/479\/BASF-Dispersions-and-Resins\/search?k=acrylic+binders&amp;st=1&amp;so=k_0&amp;sl=258897575&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">acrylic binders<\/a>. By incorporating Acronal\u00ae MB acrylic binders, which are produced with sustainably sourced bio-feedstocks, into architectural formulations, BASF helps its customers reduce the product carbon footprint in their paints.<\/p>\n<p>One of the key advantages of this approach is that the resulting Acronal\u00ae MB binder is chemically equivalent to its fossil-based counterpart. This means that no reformulation is required in the production process. This is significant because it simplifies the transition to more sustainable materials without compromising product quality or performance.<\/p>\n<p><a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Suppliers\/17368\/Wanhua-Chemical-Group-Co--Ltd\/search?sug=1&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>Wanhua&#8217;s<\/strong><\/a> focus on developing new <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=Wanhua+polyisocyanate&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">polyisocyanate grades<\/a> with low volatile organic compounds (VOCs) and enhanced properties is a significant contribution to the coatings industry.<\/p>\n<p>The development of polyisocyanate grades with 100% solid content and low viscosity is a crucial step toward reducing VOC levels in coatings. \u00a0Some of these new polyisocyanate grades offer additional properties such as improved pot life and enhanced flexibility.<\/p>\n<p><strong>Thor<\/strong> as a leading manufacturer of isothiazolinone based confirmed a particular interest, during the ECS 2023, in the use of ACTICIDE\u00ae C 1, a new product utilizing Thor\u2019s unique pure CIT technology now authorized for use in all member states of the EU, especially for raw materials and intermediates.\u00a0 Also the ACTICIDE\u00ae products from the MK series based on Thor\u2019s AMME\u2122 technology, using the proven active substance encapsulation technology to support the EU market with modern sustainable dry-film preservation solutions such as ACTICIDE\u00ae MKN 10.<\/p>\n<p>The regulation of <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=biocides&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">biocides<\/a>, including acticides, in paints and coatings varies by region and is subject to different laws and standards, such as the EPA in the United states and the BRP in Europe.<\/p>\n<p>In summary, customer preferences in the paint and coatings industry are increasingly influenced by factors like safety, sustainability, raw material prices and technology. These trends are likely to persist and evolve further.<\/p>\n<h2>Predictions 2024<\/h2>\n<p>The paint and coatings industry continues to innovate in response to various factors, including environmental concerns, regulatory changes, and evolving consumer preferences.<\/p>\n<p><strong>Sustainability and Green Chemistry<\/strong>: Environmental sustainability remains a major driver of innovation. Paint and coatings manufacturers are focusing on reducing volatile organic compounds (VOCs) and incorporating more sustainable, bio-based raw materials into their formulations. <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Formulation\/search?k=%22Waterborne+Coating%22&amp;st=31&amp;so=k_0&amp;sl=258892615&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>Water-Borne Coatings<\/strong><\/a>, <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Product\/search?k=Powder+Coatings&amp;sug=1&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">powder coatings<\/a>, and <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22UV-curable+coating%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">UV-curable coatings<\/a> are gaining popularity due to their lower environmental impact.<\/p>\n<p><strong>Smart Coatings<\/strong>: The development of smart coatings is on the rise. These coatings can change their properties in response to environmental conditions, such as temperature, moisture, or light. They have applications in self-healing coatings, <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22anti-fouling%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">anti-fouling<\/a> coatings for ships, and coatings that change color with temperature or light exposure.<\/p>\n<p><strong>Nanotechnology<\/strong> is being used to create coatings with improved properties such as enhanced scratch resistance, UV protection, and antibacterial properties. They are also used in transparent coatings for electronic displays and windows.<\/p>\n<p><a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Formulation\/search?k=anticorrosion+coatings&amp;st=31&amp;so=k_0&amp;sl=258893523&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\"><strong>Anti-corrosion coatings<\/strong><\/a>, especially for metal substrates, continue to see innovation. New formulations offer longer-lasting protection against corrosion, reducing maintenance costs and increasing the lifespan of structures and equipment.<\/p>\n<p><strong>Digital technologies<\/strong> are being applied to the paint and coatings industry. This includes the use of artificial intelligence (AI) for color matching and quality control, as well as automated systems for paint application, reducing waste and improving consistency.<\/p>\n<p><strong>Bio-Based and Recycled Raw Materials<\/strong>: The use of renewable and <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22%25+Recycled%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">recycled materials<\/a> in coatings is becoming more common. Bio-based resins and binders, as well as recycled pigments and fillers, are being incorporated into formulations to reduce the reliance on fossil-based resources.<\/p>\n<p><strong>Health and Safety Innovations<\/strong>: Worker safety and product safety are significant concerns. Innovations in <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/search?k=%22low-emission+coating%22&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">low-emission coatings<\/a>, as well as coatings with reduced health risks for workers, are emerging.<\/p>\n<p><strong>Aesthetic Innovations<\/strong>: Coatings are not just about protection; aesthetics matter too. New pigments, <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Product\/search?k=Special+Effects+%2F+Color+Transition&amp;sug=1&amp;st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">color effects<\/a>, and texturing technologies are continuously being developed to meet changing consumer demands for unique and visually appealing finishes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16077\" src=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5-300x225.jpg 300w, https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg 594w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><a href=\"#_ftn2\" name=\"_ftnref2\">[2]<\/a><\/p>\n<p><a href=\"https:\/\/ulprospector.ul.com\/search\/Regulatory+Compliance\" target=\"_blank\" rel=\"noopener\"><strong>Regulatory Compliance<\/strong><\/a>: The industry is continually adapting to evolving regulations, such as stricter limits on VOCs, hazardous substances, and labeling requirements. Innovation in compliance solutions is crucial for manufacturers.<\/p>\n<p>The paint and coatings industry is highly dynamic, with ongoing efforts to balance aesthetics, performance, and sustainability. As environmental concerns and regulations continue to shape the industry, innovation in <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Formulation?st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">formulations<\/a>, <a href=\"https:\/\/www.ulprospector.com\/en\/na\/Coatings\/Product?st=31&amp;utm_source=Knowledge+Center&amp;utm_medium=article&amp;utm_campaign=Coatings&amp;utm_term=2023PC&amp;utm_content=Geelen\" target=\"_blank\" rel=\"noopener\">raw materials<\/a>, and application technologies will play a central role in meeting the demands of both businesses and consumers.<\/p>\n<p><a href=\"#_ftnref1\" name=\"_ftn1\">[1]<\/a> Source: https:\/\/flameoffcoatings.com\/applying-fire-rated-intumescent-paint-on-steel<\/p>\n<p><a href=\"#_ftnref2\" name=\"_ftn2\">[2]<\/a> Source: https:\/\/en.wikipedia.org\/wiki\/ChromaFlair<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In continuation for the focus on R&amp;D several main topics can be identified, such as the preference for Intumescent Coatings over Cementitious Coatings: Intumescent coatings are known for their fire-resistant properties, which makes them highly valuable in the construction industry. &hellip; <a href=\"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/\">Continued<\/a><\/p>\n","protected":false},"author":96,"featured_media":16077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[16,1],"tags":[124,495],"ppma_author":[1293],"class_list":{"0":"post-16072","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-paint-coatings","8":"category-featured","9":"tag-trends","10":"tag-paints-and-coatings","11":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2023 wrap up and predictions for 2024<\/title>\n<meta name=\"description\" content=\"The paint and coatings industry continues to innovate in response to various factors, environmental concerns, regulatory changes, and consumer preferences.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2023 wrap up and predictions for 2024\" \/>\n<meta property=\"og:description\" content=\"The paint and coatings industry continues to innovate in response to various factors, environmental concerns, regulatory changes, and consumer preferences.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Prospector Knowledge Center\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T14:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-29T15:02:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"594\" \/>\n\t<meta property=\"og:image:height\" content=\"446\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Patricia Geelen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patricia Geelen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/\"},\"author\":{\"name\":\"Patricia Geelen\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/#\\\/schema\\\/person\\\/b5eea6e909198a2b6a7394afc45ed2ce\"},\"headline\":\"2023 wrap up and predictions for 2024\",\"datePublished\":\"2023-11-29T14:00:47+00:00\",\"dateModified\":\"2023-11-29T15:02:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/\"},\"wordCount\":1309,\"image\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/coatings2024predictions5.jpg\",\"keywords\":[\"Trends\",\"Paints and Coatings\"],\"articleSection\":[\"Paint &amp; Coatings\",\"Featured\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/\",\"url\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/\",\"name\":\"2023 wrap up and predictions for 2024\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/coatings2024predictions5.jpg\",\"datePublished\":\"2023-11-29T14:00:47+00:00\",\"dateModified\":\"2023-11-29T15:02:18+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/#\\\/schema\\\/person\\\/b5eea6e909198a2b6a7394afc45ed2ce\"},\"description\":\"The paint and coatings industry continues to innovate in response to various factors, environmental concerns, regulatory changes, and consumer preferences.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/coatings2024predictions5.jpg\",\"contentUrl\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/coatings2024predictions5.jpg\",\"width\":594,\"height\":446},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/16072\\\/pc-2023-wrap-up-and-predictions-for-2024\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ulprospector.ul.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2023 wrap up and predictions for 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/#website\",\"url\":\"https:\\\/\\\/ulprospector.ul.com\\\/\",\"name\":\"Prospector Knowledge Center\",\"description\":\"Welcome to the blog for UL Prospector, the most comprehensive raw material search engine for product developers.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ulprospector.ul.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/#\\\/schema\\\/person\\\/b5eea6e909198a2b6a7394afc45ed2ce\",\"name\":\"Patricia Geelen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/cropped-patricia2.jpge684e4d5691c2a5b418f46736936fa5c\",\"url\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/cropped-patricia2.jpg\",\"contentUrl\":\"https:\\\/\\\/ulprospector.ul.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/cropped-patricia2.jpg\",\"caption\":\"Patricia Geelen\"},\"description\":\"Dr. Ing. Patricia Geelen is the founder of CoPo Solutions (www.coposolutions.com), where the focus is on consulting in the field of coatings and polymer chemistry. She offers services such as paint formulation, feasibility studies and new product development. In 2008 she obtained her PhD, at the Technical University of Eindhoven (The Netherlands), working on \u201clight switchable coatings\u201d in the field of polymer chemistry. Afterward, she gained a lot of experience, as a senior specialist, working with various small and large companies such as AkzoNobel, Interpolymer, Trespa, Black Bear Carbon and ICL specialty fertilizers. Her expertise includes emulsion polymerization, polymer design and controlled radical polymerization, formulation and evaluation of functional coatings and paints, corrosion protection, carbon black, polyurethanes and acrylics (UV and EB curing). Major projects that she worked on were focused on innovation and new product development. Starting from idea generation, project planning and management till final production implementation and scale-up.\",\"sameAs\":[\"https:\\\/\\\/coposolutions.com\\\/\"],\"url\":\"https:\\\/\\\/ulprospector.ul.com\\\/author\\\/patriciageelan\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2023 wrap up and predictions for 2024","description":"The paint and coatings industry continues to innovate in response to various factors, environmental concerns, regulatory changes, and consumer preferences.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/","og_locale":"en_US","og_type":"article","og_title":"2023 wrap up and predictions for 2024","og_description":"The paint and coatings industry continues to innovate in response to various factors, environmental concerns, regulatory changes, and consumer preferences.","og_url":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/","og_site_name":"Prospector Knowledge Center","article_published_time":"2023-11-29T14:00:47+00:00","article_modified_time":"2023-11-29T15:02:18+00:00","og_image":[{"width":594,"height":446,"url":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg","type":"image\/jpeg"}],"author":"Patricia Geelen","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Patricia Geelen","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#article","isPartOf":{"@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/"},"author":{"name":"Patricia Geelen","@id":"https:\/\/ulprospector.ul.com\/#\/schema\/person\/b5eea6e909198a2b6a7394afc45ed2ce"},"headline":"2023 wrap up and predictions for 2024","datePublished":"2023-11-29T14:00:47+00:00","dateModified":"2023-11-29T15:02:18+00:00","mainEntityOfPage":{"@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/"},"wordCount":1309,"image":{"@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg","keywords":["Trends","Paints and Coatings"],"articleSection":["Paint &amp; Coatings","Featured"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/","url":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/","name":"2023 wrap up and predictions for 2024","isPartOf":{"@id":"https:\/\/ulprospector.ul.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#primaryimage"},"image":{"@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg","datePublished":"2023-11-29T14:00:47+00:00","dateModified":"2023-11-29T15:02:18+00:00","author":{"@id":"https:\/\/ulprospector.ul.com\/#\/schema\/person\/b5eea6e909198a2b6a7394afc45ed2ce"},"description":"The paint and coatings industry continues to innovate in response to various factors, environmental concerns, regulatory changes, and consumer preferences.","breadcrumb":{"@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#primaryimage","url":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg","contentUrl":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/10\/coatings2024predictions5.jpg","width":594,"height":446},{"@type":"BreadcrumbList","@id":"https:\/\/ulprospector.ul.com\/16072\/pc-2023-wrap-up-and-predictions-for-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ulprospector.ul.com\/"},{"@type":"ListItem","position":2,"name":"2023 wrap up and predictions for 2024"}]},{"@type":"WebSite","@id":"https:\/\/ulprospector.ul.com\/#website","url":"https:\/\/ulprospector.ul.com\/","name":"Prospector Knowledge Center","description":"Welcome to the blog for UL Prospector, the most comprehensive raw material search engine for product developers.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ulprospector.ul.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ulprospector.ul.com\/#\/schema\/person\/b5eea6e909198a2b6a7394afc45ed2ce","name":"Patricia Geelen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/05\/cropped-patricia2.jpge684e4d5691c2a5b418f46736936fa5c","url":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/05\/cropped-patricia2.jpg","contentUrl":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/05\/cropped-patricia2.jpg","caption":"Patricia Geelen"},"description":"Dr. Ing. Patricia Geelen is the founder of CoPo Solutions (www.coposolutions.com), where the focus is on consulting in the field of coatings and polymer chemistry. She offers services such as paint formulation, feasibility studies and new product development. In 2008 she obtained her PhD, at the Technical University of Eindhoven (The Netherlands), working on \u201clight switchable coatings\u201d in the field of polymer chemistry. Afterward, she gained a lot of experience, as a senior specialist, working with various small and large companies such as AkzoNobel, Interpolymer, Trespa, Black Bear Carbon and ICL specialty fertilizers. Her expertise includes emulsion polymerization, polymer design and controlled radical polymerization, formulation and evaluation of functional coatings and paints, corrosion protection, carbon black, polyurethanes and acrylics (UV and EB curing). Major projects that she worked on were focused on innovation and new product development. Starting from idea generation, project planning and management till final production implementation and scale-up.","sameAs":["https:\/\/coposolutions.com\/"],"url":"https:\/\/ulprospector.ul.com\/author\/patriciageelan\/"}]}},"authors":[{"term_id":1293,"user_id":96,"is_guest":0,"slug":"patriciageelan","display_name":"Patricia Geelen","avatar_url":"https:\/\/ulprospector.ul.com\/wp-content\/uploads\/2023\/05\/cropped-patricia2.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/posts\/16072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/users\/96"}],"replies":[{"embeddable":true,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/comments?post=16072"}],"version-history":[{"count":0,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/posts\/16072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/media\/16077"}],"wp:attachment":[{"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/media?parent=16072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/categories?post=16072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/tags?post=16072"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/ulprospector.ul.com\/wp-json\/wp\/v2\/ppma_author?post=16072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}