Welcome Guest to Coatings World    Login || Register
Last Updated Tuesday, May 21 2013
Print

National Presentation: Thai Coatings Industry Overview



By Tim Wright



Published November 18, 2009
Related Searches: Automotive Coatings Paint
During the first of two schedule National Presentations at CHINACOAT 2009, Mrs. Bai Eason, president of the Thai Paint Manufacturers Association, presented a summary of the Thailand's paint industry. She said at present there are approximately 120 registered coatings manufacturers in Thailand producing more than 400,000 tons valued at US$730 million. More than 50% of the market volume is produced by just five major international paint companies—TOA, Nippon, AkzoNobel, Kansai and Jotun. The proportion of architectural paint produced in Thailand declined from more than 90% in 1980 to 60% in 2007 due to the continuous expansion of the automotive industry, electrical/electronic goods, toy manufacturing, a growing furniture market and the food industry. These industries represent approximately 50% of the total market value. In 2008 the Thai paint industry reported 5-10% growth, double the size of the country’s GDP. Despite domestic turmoil and global economic downturn, the business atmosphere seems to be better in the second quarter of this year, according to Mrs. Eason.

Mrs. Eason earned her bachelor of sciences and executive MBA master degree in Thailand. She was a chairman of the Chemical Industry Club (CIC), Federation of Thai Industry and also founder and chairman of the Thai Paint Manufacturers Association (TPMA). During her four year term as chair of CIC and president of TPMA, she represented Thailand in many international forums and seminars related to the chemical and paint industries.



blog comments powered by Disqus
Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Buhler Group (Nanotechnology)
13105 12th Ave. North
Plymouth, MN, 55441-4509

View Profile
Follow Coatings World On