Rising geopolitical tensions, particularly in the Middle East, are placing increasing strain on the paints and coatings supply chain, according to Assovernici, the Italian association representing leading manufacturers in the sector, which has stepped up monitoring of market developments.
Key concerns include raw material shortages, escalating energy costs and heightened market volatility. Oil prices, now exceeding 100 dollars per barrel, are triggering knock-on effects across transport, energy and basic chemicals, making cost management and procurement increasingly challenging for companies.
Data collected by the association already point to significant disruptions, including higher shipping rates, difficulties along major trade routes and tighter insurance conditions. These issues are compounded by speculative dynamics and precautionary stockpiling, which are reducing the availability of raw materials on the market.
Further pressure comes from price instability and the growing reluctance of suppliers to commit to long-term contracts, with some also introducing surcharges and revising existing agreements.
The paints and coatings sector, a key component of the construction and industrial value chain, now faces shrinking margins and mounting challenges in managing inventories, particularly for strategic inputs such as resins and solvents. In response, Assovernici is calling for institutional support through structural measures aimed at safeguarding the industry, ensuring production continuity and maintaining the competitiveness of Italian manufacturers.