Frost & Sullivan’s Department of Chemistry, Materials, and Food Practices will host a seminar on the analysis and analysis of the Asian coatings and inks market on June 29, 2006.
The newsletter provides detailed analysis of the Asian coatings and inks market and assesses current market trends and potential development directions. Also listed are some of the challenges that need to be addressed in the coating ink market.
In 2002, the paint and ink market grew rapidly in Asia's favorable economic environment. Despite the soaring oil prices in 2005, many countries in Asia still look forward to the rapid development of coatings and other industries. There are many countries in Asia with different economic levels. Therefore, the development of the paint market also varies with the GDP index of each country. So only the right investment can be harvested.
This newsletter can be of great help to paint manufacturers, resin suppliers, paint OEMs, distributors, investors and others interested in investing in the Asian paint market.
The Asian paint market began to develop from the embryonic stage of the Chinese market. India and Southeast Asia play a complementary role, but the saturated Japanese market has constrained the development of the entire Asian market and the existing Japanese market. The development of paint markets in different regions is diversified. It is an important factor for the success of new investors looking for markets and established manufacturers to choose the right region.
“The Asian coatings market has entered a virtuous development stage in recent years. Especially after China’s accession to the WTO, other industries are also recovering after the economic downturn in 2001. The global economic environment supports continuous development. Investments have flowed into Asia. The paint and ink market has also been affected by the overall economic changes. The budding growth that Asian countries have demonstrated indicates that the paint market can continue to grow,†said D. Ashwin Kumar, senior research analyst at Frost & Sullivan.
Frost & Sullivan is a global development consulting company that provides clients with more than 40 years of experience in development and innovation development strategy consulting.
Source: China Chemical Network