U.S. demand for paint and coatings is forecast to rise 4.2 percent annually to 1.5 billion gallons in 2017, valued at $30.6 billion. This will be a notable improvement over the volume declines recorded during the 2007-2012 period, supported by an improving economic outlook and increased consumer confidence. In particular, advances will be driven by a strong rebound in construction activity, which will propel demand for architectural paint and for metal building component coatings. These and other trends are presented in "Paint & Coatings," a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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