Doug Bohn, Consultant Orr and Boss08.10.18
Over the last several years, the Asian paint and coatings market has undergone several changes. The growth has slightly decreased, there has been stricter enforcement of environmental regulations and countries like India and Indonesia have begun to grow faster than the historical growth leader of China. Will these trends continue into the second half of 2018 and beyond? The short answer is yes. Orr & Boss expects many of the trends that have been impacting the Asian paint and coatings market to continue with growth gradually slowing, stricter environmental regulations continuing to take hold and countries like India and Indonesia continuing to grow at strong rates. The rest of this article provides our views of the Asian coatings market.
Global and Asian Coatings Markets
Before discussing, the Asian paint and coatings market, we would like to summarize the global paint and coatings market. Orr & Boss estimates the 2017 global coating market to be $147 billion and 41.8 billion liters. The value of the global market grew at 5.2 percent and volume grew at a ra
Global and Asian Coatings Markets
Before discussing, the Asian paint and coatings market, we would like to summarize the global paint and coatings market. Orr & Boss estimates the 2017 global coating market to be $147 billion and 41.8 billion liters. The value of the global market grew at 5.2 percent and volume grew at a ra
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