Study Says Russian Coatings Market Boasts Strong Growth, Expansion Opportunities
LONDON - A new market report from Information Research Ltd. (IRL), London, estimates 2003 coatings demand in the Russian Federation at 880,000 metric tons, with domestic production accounting for 70% of the total and imports supplying the remaining 30%.
The first edition of "A Profile of the Russian Paint Industry" reports that most of the Russian Federation's markets are experiencing coatings demand growth of 6-8% annually.