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  1. Paints and coatings in 2020: restrained optimism

    ... Organic Synthesis Division, presented a report on the current market environment. According to the report, in 2020, the paints and coatings segment was influenced by the drop in oil prices, economic volatility, trade restrictions and COVID-19. Widespread lockdowns led to a decrease in demand, GDP reduction in many countries and a global recession. The pandemic hit hard on the main consumers of paints and coatings: the construction and automotive industries. By year-end, the slowdown in the automotive ...