Environmental Regulations Propel Growth of Asia-Pacific Water-based Coatings Market
KUALA LUMPUR, Malaysia – According to analysis from market research firm Frost & Sullivan, environmental regulations, rising consumer awareness regarding health and the environment, and focus on sustainability have driven the Asia-Pacific water-based coatings market. Higher domestic consumption and investments in infrastructure across most Asia-Pacific countries will sustain this growth until 2016.
New analysis from Frost & Sullivan, Analysis of the Asia-Pacific Water-based Coatings Market, finds that the market earned revenues of more than $11.86 billion in 2012 and estimates this to reach $16.71 billion in 2016.