Demand for Biomaterials to Increase in Europe

摘要

Analysts in Europe are predicting that once more normal economic conditions return,hopefully in the first half of next year,as the coronavirus pandemic wanes,the big pacesetters during the recovery will be companies still financially strong enough to revive the premium ends of their market.In sectors like coatings,the main differentiators between companies will be their ability to demonstrate sustainability,which in its broad definition covers the three pillars of finance and economics,environment and society and ethics.For coatings producers,financial strength is of prime importance competitively.A surprisingly large proportion of leading coatings players in Europe look likely to emerge from COVID-19 with healthy-looking balance sheets.Despite decreases in sales,they have managed to maintain relatively high-profit margins.