Frost & Sullivan: Asia Pacific Paint & Coatings Market - Back on Track?

SINGAPORE, March 15 /PRNewswire/ -- Frost & Sullivan's Chemicals & Materials Practice (http://www.chemicals.frost.com) will host an analyst briefing via webinar on the Asia Pacific Paint & Coatings Market – Back on Track? on Wednesday, March 31st 2010, at 11:00 hrs (GMT+08:00hrs) Singapore time.

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Despite being hit hard by the economic downturn and having to face some major challenges along the way, Asia Pacific have managed to rebound nicely back on track. According to IMF, "Asian economies swiftly deployed stimulus packages to boost government spending, reduce interest rates, and stabilize financial markets"- which have aided in its rapid recovery.

The Paint and Coatings industry in Asia is expected to expand at a moderate rate with China and India remaining the engines of growth. The industry also forecasts vast growth opportunities in key developing Southeast Asian countries such as Indonesia and Vietnam. Although, the Asian paint industry seems to be faring better than its western counterparts, industry players still need to be wary of continued weak global demand and focus on remaining competitive in the market.

This briefing will provide an overview of the APAC paint and coatings market with an analysis of the industry – examining market sizing, challenges and primary areas of growth. Highlights of the briefing include a discussion on key trends in the major end use sectors, as well as product trends in various product segments. We will also provide an update of related and upcoming research as well as provide an opportunity for a question and answer session with the analyst.

Program Manager, Chemicals & Materials Practice of Frost & Sullivan, Sheila Senathirajah, observes, "The APAC Paint & Coatings industry continues to gain momentum despite facing major challenges in 2009. With China and India leading the way, followed by key Southeast Asian countries, the industry is forecast to expand moderately this year with the promise of rapid growth expected in the coming years."

This briefing will benefit paint manufacturers and raw material suppliers to the industry, such as latex, additives, solvents and pigments manufacturers by discussing emerging trends and providing outlooks into the APAC Paint & Coatings Industry.

Join us as Sheila shares some invaluable insights on the economic impact on the APAC paint & coatings market. Those interested in registering for the interactive webinar should send an email to Donna Jeremiah – Corporate Communications at [email protected] or to Carrie Low at [email protected] with the following information: full name, company name, title, telephone number, e-mail address, city, state and country.

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SOURCE Frost & Sullivan