Latest news with #PPGIndustries
Yahoo
29-05-2025
- Business
- Yahoo
Why Is PPG Industries (PPG) Up 1.6% Since Last Earnings Report?
A month has gone by since the last earnings report for PPG Industries (PPG). Shares have added about 1.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is PPG Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. It turns out, estimates revision have trended downward during the past month. Currently, PPG Industries has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, PPG Industries has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPG Industries, Inc. (PPG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
19-05-2025
- Business
- Yahoo
PPG Industries Introduces New Clearcoat Products for Repair Segments
PPG Industries, Inc. PPG recently announced the launch of new clearcoat products for the value-focused and premium collision repair segments in U.S. markets. The offerings will enable enhanced performance and productivity for bodyshops. The new launch includes two products, PPG Super Value SC300 Series and PPG DELTRON NXT DC7020 Premium Glamour Speed Clearcoat. The Super Value Series offers a fast-drying, reliable and cost-effective solution. The DELTRON NXT DC7020 delivers high-efficiency, high-quality results with significant energy savings. The launch is expected to meet the evolving customer needs in the dynamic environment. The PPG Super Value SC300 Series products are acrylic urethane clearcoats that come in different versions. The PPG Deltron NXT DC7020 Premium Glamour Speed Clearcoat, when applied with PPG ENVIROBASE High Performance waterborne or PPG Deltron NXT solvent borne basecoats, provides a high-gloss finish with fast curing time. Both of them meet the U.S. EPA National Rule requirements. PPG stock has lost 15.9% over the past year compared with the industry's 3.1% decline. Image Source: Zacks Investment Research The company reaffirmed its full-year 2025 adjusted earnings per share guidance of $7.75 to $8.05. This range is backed by the momentum of share gains and self-help efforts, as well as factors in current global economic activity, foreign exchange rates and mixed demand across PPG's many regions and businesses. PPG currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the Basic Materials space are Akzo Nobel N.V. AKZOY, Newmont Corporation NEM and Idaho Strategic Resources, Inc. IDR. While AKZOY sports a Zacks Rank #1 (Strong Buy), NEM and IDR currently carry a Zacks Rank #2 (Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Akzo Nobel's current-year earnings is pegged at $1.64 per share, implying a 17.14% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing the rest. The Zacks Consensus Estimate for NEM's current-year earnings is pegged at $3.92 per share, indicating a 12.64% year-over-year earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed it in one, with an average surprise of 32.41%. NEM's shares have soared 16% in the past year. The Zacks Consensus Estimate for IDR's 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR's earnings beat the consensus estimate in two of the trailing four quarters while missing the rest, with the average surprise being roughly 21.70%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPG Industries, Inc. (PPG) : Free Stock Analysis Report Newmont Corporation (NEM) : Free Stock Analysis Report Akzo Nobel NV (AKZOY) : Free Stock Analysis Report Idaho Strategic Resources, Inc. (IDR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
15-05-2025
- Business
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Powder Coatings Market Outlook & Forecasts Report 2025-2030: Shift Towards Eco-Friendly and Sustainable Practices, Price Volatility in Raw Materials, Growing Demand for Automotive Vehicles
The global powder coatings market is highly fragmented, with numerous players operating locally and globally across multiple product lines and application industries. The top players dominating the global powder coatings market are AkzoNobel N.V., PPG Industries, Axalta Coating Systems, The Sherwin-Williams Company, Jotun Group, and BASF SE. These companies focus on high technology, especially sustainable and low-temperature curing powder coating solutions, which meet the varied demands of customers and regulatory requirements. Furthermore, strategic collaborations and partnerships have become a necessity in a competitive market environment for the expansion of markets and enhanced service offerings. Companies are investing more in R&D to develop advanced powder coating solutions with improved performance, efficiency, and environmental compliance. Powder Coatings Market Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Powder Coatings Market - Global Outlook & Forecast 2025-2030" report has been added to Powder Coatings Market was valued at USD 15.17 billion in 2024, and is projected to reach USD 20.87 billion by 2030, rising at a CAGR of 5.46% The global powder coatings market presents relatively large regional variations as a result of industrial development, environmental regulations, and innovations in coating technologies. The APAC region dominated the global powder coatings market in 2024 with a revenue share of more than 38%. This dominance is essentially due to brisk industrialization, urbanization, and growing investment in the auto, construction, and consumer goods sectors, particularly in such countries as China, India, and Southeast Asia. Government moves for infrastructure support and growing requirements for green coatings and high-performance coatings are major drivers of the market in the America also holds a significant share of the global powder coatings market, driven by the growing demand for powder coatings in the automotive and industrial sectors. Powder coatings are encouraged due to stringent regulations on the environment, and growing awareness regarding the benefits of sustainable coatings over liquid coatings holding high percentages of VOC in it. The U.S. and Canada are major contributors with ongoing investments in advanced coating technologies to meet industry-specific requirements. Furthermore, the growth of the powder coatings market in Europe is steady and supported by stringent environmental regulations and a focus on sustainable manufacturing practices. Key markets include Germany, France, and Italy, with significant adoption in automotive, furniture, and architectural applications. This region has also focused on VOC emission reduction and the use of eco-friendly products, thereby stimulating the growth of powder Latin America, expansion in industry, urbanization, and investment in manufacturing industries of countries such as Brazil, Mexico, and Argentina form major growth factors for the powder coatings market. Furthermore, infrastructure development in MEA along with increasing demand for industrial activities in Saudi Arabia, the UAE, and South Africa are giving impetus to the use of powder coatings. The need for corrosion-resistant and durable coatings in the region's harsh climate further supports the powder coatings market growth. Also, Saudi Arabia holds a significant share of the market in the MEA region. The powder coatings market in Saudi Arabia is mainly driven by the construction, automotive, and industrial sectors. As the country continues to focus on infrastructure development and industrial diversification, more and more are being adopted based on the powder coatings' durability and efficiency. Strong regional positioning with a thorough acquisition and joint venture strategy is also an important maneuver by industry leaders in establishing an adequate hold on emerging opportunities. The continued focus on energy-efficient and VOC-free solutions corresponds to the trend toward a sustainable global scenario. As environmental regulations get stringent and industrial demand continues to gain strength, the competition in the powder coatings market will become more acute, leading to further innovation and cooperation. MARKET TRENDS & OPPORTUNITIES Shift Towards Eco-Friendly and Sustainable PracticesIndustries are shifting towards powder coatings due to the growing focus on reducing carbon footprints and environmental regulations. These coatings emit very low VOCs and have a higher material utilization rate than traditional liquid coatings. This is creating opportunities for manufacturers to develop eco-friendly, bio-based powder coatings to meet demands in the powder coatings market. For instance, in February 2025, PPG is investing in powder coatings as part of its strategy to achieve 50% of sales from sustainably advantaged solutions by 2030. Additionally, in 2024, Arkema is expanding its sustainable offerings, showcasing new products at the American Coatings Show 2024 and obtaining Mass Balance ISCC+ certification at its powder coating resins facility in Spain. Meanwhile, AkzoNobel is advancing its powder coatings technology for EV batteries, further contributing to sustainable innovation in the industry. This trend opens opportunities for manufacturers to formulate an eco-friendly, bio-based powder coating to cater to the evolving demands of the powder coatings Demand for Automotive VehiclesThe automotive industry is another big market for powder coatings. As electric vehicles (EVs) take more market share from traditional gas-fueled transportation, the sheer volume of powder needs will increase significantly. Dielectric properties of epoxy powder coatings also offer cost savings opportunities for EV battery manufacturers when compared to liquid coatings. Plus, powder coatings are more adept than liquid at handling the heat of the battery during charging. Additionally, the global automotive aftermarket is witnessing growth, as sales revenue surged by 4% last year to USD 71 RESTRAINTS Price Volatility in Raw MaterialsFluctuating raw material prices, particularly resins and pigments from petrochemical sources, are challenges to the powder coatings market. For instance, epoxy resins, an ingredient in powder coating, are already up 25% over last year. This increase is largely due to constrained supply from major producers in Asia, in addition to a rise in demand in industries like automotive and electronics. Volatility in global crude oil prices and supply chain disruptions can impact production costs and profitability. Manufacturers are compelled to adopt strategic procurement practices and explore bio-based alternatives to mitigate these INSIGHTS INSIGHTS BY RESIN TYPEThe global powder coatings market by resin type is segmented into thermoset resin and thermoplastic resin. Among these, thermoset resins emerged as the dominant segment in 2024. The popularity of thermoset resins can be attributed to their excellent mechanical properties, resistance to heat and chemicals, and ability to form strong, durable coatings upon curing. These properties make them ideal for applications in the automotive, construction, and industrial equipment industries. Additionally, the use of thermoset resins provides environmental advantages since it gives minimal VOCs, aligning with the ever-growing emphasis in the industry to be more environmentally friendly. Furthermore, in the global powder coatings market, thermoplastic resins play a significant role due to their durability, chemical resistance, and recyclability. Key global manufacturers in this segment include BASF SE, Arkema S.A., Dow Inc., LyondellBasell Industries, DSM Engineering Materials, SABIC, Evonik Industries AG, Solvay S.A., and Celanese Corporation. INSIGHTS BY THERMOSET RESINThe largest share within the thermoset resin category was polyester resins, with more than 30% of the total revenue in 2024. The polyester-based powder coatings are widely demanded due to their cost-effectiveness, resistance to weather conditions, and multiple applications. It is widely used in both interior and exterior applications, such as automotive components, garden furniture, and architectural applications like window frames and cladding. The increase in demand for high-performance and durable coatings in the infrastructure and transport sectors remains a strong catalyst for the adoption of polyester-based powder BY END USERThe global powder coatings market by end-user is segmented into consumer goods, automotive, general industrial, furniture, architectural, and others. The consumer goods segment accounted for the most dominant market share, showing that this segment is significant in the powder coatings market. Consumer goods applications include household appliance coatings, electronics coatings, furniture coatings, and metal goods coatings. The superior aesthetic appearance, durability, and corrosion- and scratch-resistance properties of powder coatings make them more preferred in this industry. In addition, the environmental benefits of powder coatings, such as solvent-free and low-waste products, align with the growing demand for eco-friendly products from consumers. With the manufacturer's emphasis on product longevity and aesthetic appeal, the consumer goods industry will continue to remain one of the stronger the automotive industry is a significant contributor to the global powder coatings market revenue. Powder coatings are increasingly being used in automotive applications because they can offer strong protection against harsh environmental conditions, such as UV exposure, salt, and road debris. The automotive industry is also increasingly focusing on sustainability and cost-effectiveness, and powder coatings offer benefits such as low environmental impact, reduced waste, and energy-efficient application processes. Also, the furniture sector is another significant end-user in the powder coatings market share. With the shift in consumer preferences toward more durable and aesthetically diverse furniture options, powder coatings are increasingly used for both metal and wooden furniture. KEY QUESTIONS ANSWERED What is the growth rate of the global powder coatings market? How big is the global powder coatings market? Which region dominates the global powder coatings market share? What are the significant trends in the powder coatings market? Who are the key players in the global powder coatings market? Key Attributes: Report Attribute Details No. of Pages 303 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $15.17 Billion Forecasted Market Value (USD) by 2030 $20.87 Billion Compound Annual Growth Rate 5.4% Regions Covered Global Premium Insights Opportunity Pockets Market Maturity Indicator Regional Insights Report Overview Recent Developments Opportunities & Challenges Segment Analysis Regional Analysis Competitive Landscape Market Opportunities & Trends Shift Toward Eco-Friendly and Sustainable Practices M&A in the Paint & Coatings Industry Focus on Low-Temperature Cure Powder Coating Technologies Market Growth Enablers Growing Demand for Automotive Vehicles Expansion of End-use Industries (Multiple Industries) Rising Popularity of Powder Coatings due to Time-Saving Benefits Market Restraints Limited Applications of Powder Coatings Raw Material Price Volatility Supply Chain Disruption in Powder Coatings Industry Powder Coatings Market Overview Powder Coating Durability Powder Coatings vs Paints Electrostatic Powder Spraying (Eps) Powder Coating Costs 2024 Common Powder Coating Challenges & Solutions The Role of Powder Coatings in Manufacturing The Need for Matte Finish Use of Powder Coatings in Outdoor Furniture, Lawn & Garden Products Key Company Profiles Akzo Nobel PPG Industries Inc. The Sherwin-Williams Company RPM International Inc. Axalta Coating Systems Other Prominent Vendors Allnex GmbH Arkema Asian Paints PPG Pvt. Ltd. BASF Berger Paints India Diamond Vogel dsm-firmenich Dulux Jotun Eastman Chemical Company Evonik Nippon Paint Industrial Coatings Co., Ltd TIGER Coatings GmbH & Co. KG Teknos Group Kansai Nerolac Paints Limited KCC Corporation Sika Wacker Chemie AG Arsonsisi S.p.A. IBA Kimya A.S. CWS - Powder Coatings Erie Powder Coatings Inc. Europolveri SPA Hentzen Coatings, Inc. IFS Coatings Keyland Polymer SAKS-POL Elite Metal Coatings PRISMATIC POWDERS Gema Switzerland GmbH Keystone Koating Rapid Engineering Co. Pvt. Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Powder Coatings Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
PPG Industries (NYSE:PPG) Invests US$380 Million In New Aerospace Facility In North Carolina
PPG Industries recently announced plans to invest $380 million in a new aerospace facility, enhancing its capacity to meet industry demands. This announcement coincides with a 10% rise in the company's share price over the last month. Meanwhile, the broader market registered a 1% climb, with stock surges following a significant U.S.-UK trade deal announcement. PPG's reaffirmed earnings guidance and recent stock buyback activities likely bolstered investor confidence, complementing the upward market trend. Additionally, improved supply chain projections at the new facility may have added weight to PPG's positive movement. We've identified 1 weakness for PPG Industries that you should be aware of. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. PPG Industries' recent announcement to invest US$380 million in a new aerospace facility is likely to play a significant role in the company's expansion efforts. This investment strengthens the narrative of PPG's strategic growth, particularly in the Aerospace and Coatings segments, which are crucial for its future revenue and earnings potential. By enhancing its production capabilities, PPG is positioning itself to better meet industry demands, potentially resulting in improved supply chain efficiency and sustained demand for its products. Over the last five years, PPG's total shareholder return, which includes share price appreciation and dividends, was 38.24%. In contrast, the company underperformed the US market, which returned 7.7% over the past year, amid challenging industry conditions. However, the company's recent steps toward expansion and the reaffirmation of its earnings guidance appear to be positive indicators for future growth. The new facility, coupled with PPG's existing strategic investments, is anticipated to positively impact revenue and earnings forecasts. Analysts expect earnings to grow annually by 10.1%, though still at a slower pace compared to the broader US market growth projection. With the current share price at US$108.56, the analyst consensus price target is US$126.33, representing a 14.1% potential upside. PPG's actions might convince investors of its capability to achieve these targets by addressing imminent challenges while capitalizing on growth opportunities. Examine PPG Industries' past performance report to understand how it has performed in prior years. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:PPG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
30-04-2025
- Business
- Yahoo
Here's Why Shares in PPG Outperformed Today
PPG's main exposure to tariffs comes from its end markets, which are holding up well enough. Merely reiterating full-year guidance is a plus for most companies in the earnings season. Shares in paints and coatings company PPG (NYSE: PPG) rose by as much as 6.1% in early trading today as investors cheered its first-quarter earnings report and full-year guidance. Given the pressure on the economy due to the uncertainty around tariffs, any company that merely restates its full-year guidance must be looked at positively. Management reiterated guidance for adjusted earnings per share (EPS) of $7.75-$8.05, as an improvement in its performance coatings segment is more than offsetting weakness in other segments. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Looking at its sales momentum across PPG's segments is a great way to get a handle on trends in the economy. On the positive side, in performance coatings (volumes up 6% in the quarter), the aerospace sector and automotive refinish (a market that tends to be less cyclical, as it's driven by crashes and repair work) indicate areas of strength in the economy. On the other hand, the 3% and 1% volume declines in global architectural and industrial coatings demonstrate the weak points, with management noting "a pause in project-related business and governmental spending in Mexico due to recent geopolitical-related uncertainty." In industrial coatings, growth in packaging volumes failed to offset a decline in the automotive original equipment manufacturer (OEM) market as automakers cut production in 2025 in response to economic uncertainty. PPG's end markets are mixed, but that's good enough for now. According to CEO Tim Knavish, "more than 95% of what we buy is locally sourced or no tariffs," and in terms of finished goods, "we're almost completely local." As such, PPG's key impact from tariffs comes from its end markets, which are holding up for now. Before you buy stock in PPG Industries, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and PPG Industries wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $607,048!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $668,193!* Now, it's worth noting Stock Advisor's total average return is 880% — a market-crushing outperformance compared to 161% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Here's Why Shares in PPG Outperformed Today was originally published by The Motley Fool Sign in to access your portfolio
