Mark Temple-Smith, regional director for Asia at ITE Group PLC who was in attendance at the launch, said, “We are looking forward to having CCA2016 set the bar for solutions in coating and corrosion control technologies not only in Malaysia, but at a regional level as well. Malaysia’s economy has grown from strength to strength, and the expansion of related industries such as oil & gas, heavy industry, marine, construction, as well as others have made CCA2016 an essential tool for these industries to further develop their potential and growth.”
Coat & Corrosion Asia 2016 will feature eight main sectors:
1. Paint and coatings technology
2. Corrosion control
3. Corrosion-resistant alloys/materials
4. Raw materials for coatings, inks and adhesives
5. Inspection, testing and monitoring
8. Training and certification
“We are proud to be able to partner with ECMI ITE Asia for Coat & Corrosion 2016 to complement each other by providing strong education opportunities for the industry as well as business platforms. As a non-profit professional society that promotes good practice, professional ethics and encourages education in materials science, technology and engineering, Institute of Materials, Malaysia sees CCA2016 as a fantastic way for us
to achieve that objective. We support the exhibition’s goals of providing solutions in coating and corrosion control technologies for industries and we believe that IMM will further help CCA2016 to promote the different aspects of latest developments in products, solutions and methodologies in the industry,” said Encik Md Azmi Md Noor, Deputy President of Institute of Materials, Malaysia.
Coat & Corrosion Asia 2016 will be a biennial event, the first edition of which will be on the 17th – 19th of May 2016 at the Putra World Trade Centre. CCA2016 is also supported by Malaysia Convention & Exhibition Bureau (MyCEB), Singapore Manufacturing Federation (SMF) and the Italy Institute of Welding (IIS). For further information or inquiries, the official website for Coat & Corrosion Asia is: http://www.coatcorrosionasia.com/ .
About the Coast & Corrosion Control Market of Asia Pacific
The region represents the single largest growth opportunity for the coatings industry. In 2001 the region represented 27 percent of the global coating market compared to 33 percent for the Americas and 36 percent for Europe. In 2010 the region represented 40% of the coatings market while the Americas share declined to 26 percent and Europe declined to 28 percent. This trend is expected to continue. The total Asia Pacific region coating market is estimated to be valued at over $62 billion with an annual growth rate estimated at 12-15 percent.
Historically, Asia Pacific has been a low cost, low performance expectation market, mostly served by solvent-based systems (Japan, Australia and New Zealand being the exception). However, with the emergence of the region’s primary countries (i.e., China, India, etc.) as a major participant in the global marketplace major changes have occurred. An area of potential growth that cuts across all coating segments in Asia Pacific involves “green coatings” (i.e. environment friendly systems). The green coatings manufacturing companies and research institutions are infusing high investment for the future advancements and technology of environment friendly and nonhazardous coatings. These investments are to create coatings with similar performance as compared to conventional VOC contained coatings. Asia Pacific is the largest region followed by North America and Europe. Countries such as China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam and others are growing markets for green coatings. Major players in the green coatings industry include the same players that participate in conventional systems (i.e. AkzoNobel, PPG Industries, Henkel, Sherwin-Williams, Axalta, Valspar, BASF, Kansai and others).
The immediate focus for coating producers in the Asia Pacific will be to construct more cost competitive, environment friendly systems across all coatings segments that also offer performance such as heat resistance, dirt and mould resistance and improved adhesion to a variety of substrates.
Looking ahead, the Asia Pacific coatings market will require smart coatings – a coating that changes its properties in response to an environmental stimulus, sustainable coatings – products that protect the environment without sacrificing overall coatings performance and high performance coatings – coatings to make airplanes lighter, buildings cooler, cargo ships more fuel efficient, and wind turbines smoother and more aerodynamic. The Asia Pacific coatings market is no longer regarded as a low cost, low performance expectation market. It has truly become a dynamic force and leader in the total global coatings market.