Information Research (IRL) has published the eighth edition of its “Profile of the Asia-Pacific Paint Industry,” a new 300-page study that provides a detailed overview of 10 paint markets across the Asian region.
LONDON - Information Research (IRL) has published the eighth edition of its “Profile of the Asia-Pacific Paint Industry,” a new 300-page study that provides a detailed overview of 10 paint markets across the Asian region. Collective paint demand for the 10 countries covered has been estimated at 10.6 million tons, with China providing the highest demand at 5,137,500 tons, followed by Japan (1,854,000 tons), India (1,225,000 tons) and South Korea (884,800 tons). Indonesia (282,900 tons), Malaysia (132,600 tons), the Philippines (250,000 tons), Singapore (173,000 tons), Thailand (439,700 tons) and Vietnam (233,600 tons) round out the list.
Average annual growth for the paint and coatings markets across these countries is placed at 8.8 percent, which will add another 5.5 million tons of paint demand by 2011. This reflects double-digit growth in the Chinese and Indian paint and coatings markets, tempered by more modest growth in other key locations such as Vietnam, Thailand, South Korea and Malaysia.
IRL has also published a third edition of its industry report, “The Top 50 Paint Companies in Asia.” This volume provides a short numerical summary of the paint and coatings statistics for the region and a directory-style overview of the top 50 paint companies across the region. It contains key contacts, selected corporate information, product ranges and recent developments. For more information, visit www.informationresearch.co.uk.
Information Research Publishes Two Studies on the Asian Paint Industry
July 1, 2008