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RAILWAY COATINGS MARKET ANALYSIS

Railway Coatings Market, By Product Type (Primer, Base Coat, and Topcoat), By Coating Type (Electrocoat, Liquid Coating (Solvent-borne and Waterborne), and Powder Coating), By Application Area (Interior and Exterior), by Application (OEM and Refurbishment), By End Use (Light Rail Vehicles, High Speed Railways, Locomotives, Metros, Regional Trains, Freight Wagons, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Market News

Railway Coatings Market: Key Developments

  • On December 2 2022, Akzo Nobel N.V, a company which creates paints and performance coatings, completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik, a company which offers industrial coatings, thus strengthening the company's performance coatings portfolio.
  • On June 1, 2022, AkzoNobel acquired African paints and coatings from Kansai Paint which is a chemical company. This will strengthened the AkzoNobel footprint in Africa.
  • On November 15, 2022, Sherwin-Williams, the global paint, and coatings company, unveiled the major expansion of its Sheffield production facility. The objective was to deliver a huge boost to the local economy.
  • On November 9, 2022, Sherwin-Williams the global paint, and coatings company, acquired Germany-based wood coatings companies, Oskar Nolte GmbH and Klumpp Coatings GmbH.

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