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“Improve Market Share & Seeking New Sector Growth in Current Tough Economy”
The key end-user industries for the Paints & Coatings market include Building & Construction, Automotive, and Medical & Healthcare. In Asia, a strong growth in construction is likely to surge demand for paints and coatings across residential and commercial segments; Singapore expects to spend $34 billion on construction contracts this year alone. Increasing vehicle production in countries such as China, Indonesia, and India are contributing to growth in the automotive coatings sector, as well as a growing demand for well-maintained used vehicles. In addition, rapid economic progression, increasing government spending, and advancements in road infrastructure will also drive growth for the coatings industry.
Stricter environmental mindfulness and the move towards low or zero VOC regulations, have motivated scientists and technicians to adopt greener routes for developing coating formulations. The new rules are causing a transition from various solvent-based paints to a greater use of waterborne coatings. The global market for coatings with low or zero VOC content is forecast to reach $85.7 billion by 2018, spurred by the expansion by major manufacturers in China and India. The marine industry can also expect improvements in operational, cost and environmental efficiency, thanks to high-performing antifouling coatings.
Join us in August as we return to Bangkok for the 16th Asia Coatings Market. Our authoritative program offers an effective platform to network with global paints and coatings players, including Nippon Group, AkzoNobel, Beckers Group and Sherwin Williams Asia-Pacific. Plus, discover the latest on emerging markets, demand trends, technological innovations and applications to meet tightening environmental regulations. |
Network With Industry Peers At Informative Sessions That Examine:
- Challenges incorporating ‘green’ facades and how they can influence the environment
- Trend of green and sustainable cities on paint system demand
- Evolution of Coil Coatings from Asia to Middle East
- New trends in design and construction of Coil Coatings
- What’s next for ASEAN’s Powder Coatings sector
- Sustainability in supply chain and the impact of renewable energy
- Key drivers of growth and market size in Asia’s automotive OEM industry
- Enhanced applications to meet VOC compliance and improved performance
- Latest global and regional outlook by an economist
- Impact of Myanmar’s new condominium law on decorative paint demand
- Establishing raw material supply chain and distributing network
- Outlook on furniture industry demand in driving the Wood Coatings sector
- Competitiveness of local producers in China
To be in step with latest industry trends and manage risk in this shifting sector – register NOW for CMT's 16th Asia Coatings Markets.
Online registration here, or email huiyan@cmtsp.com.sg |
