JCT Coatingstech Magazine
June 2007
Volume 4, No. 6
Market Update
Page 60-64
Excerpts from… “Looking East:
By Cynthia Challener, JCT Coatingstech Contributing Writer
Throughout the world in 2007, people will use
approximately 7.7 billion gallons of paints and coatings worth about $94.5
billion to improve the look of their house, cars, and cell phones as well as
protect their ships, bridges, and manufacturing equipment and facilities.
….all agree that the majority of increased demand will
occur in emerging areas of the world, with the Asia Pacific region leading the
way, followed by Eastern Europe and Latin America.
The
ChemQuest Group, Inc. puts the growth
rate for architectural paints in
General industrial and auto OEM are the largest
consumers in the industrial coatings sector……….
(To read the complete article…and more comments on LOOKING EAST:
China and India top the list of Emerging markets for paints and coatings………see
JCT Coatingstech Magazine – June 2007 issue...”Emerging Markets
for Paints and Coatings”)