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"Positioning for Market Growth & Leadership through Innovations"
Against a background of global economic slowdown, the paint and coatings industry in Asia is still averaging decent rate of 6.4% for next 3 years : boosted by demand for building and industrial materials. China’s growth is mainly in petrochemicals, construction, automotive and civil engineering. Whilst in India, consumption of the strong middle class leads the growth potential coupled with expanding trade. Indonesia’s boom is from investments in petrochemicals, marine new build & power projects.
Sustainability continues to be a critical concern for the regional paints & coatings industry, particularly with the recent onset China’s new Environmental Protection Law. There is a rush to meet the increased demand for sustainable coatings to be produced more efficiently. The emphasis on “green coatings” is driving the industry to invest and innovate in technology.
Join us at CMT's 15th Asia Coatings Markets to find out how producers across applications are exploring new formula development and their strategies to overcome upcoming challenges. How will the new Environmental Protection Law change the Asian paints and coatings scene? What are the strategies for companies to seize these opportunities, produce efficiently and remain competitive? |