Asia Pacific Paint & Coatings Market Analysis – Market Revenue by Segments APAC Revenue Share (%) Market Revenue by Segments (%) Source: Frost & Sullivan
Asia Pacific Paint & Coatings Market Analysis – Market Revenue by Countries APAC Revenue Share (%) Market Revenue by Countries(%) Source: Frost & Sullivan
Industry Highlights - Key Participants by Countries in APAC Paint and Coatings Market: Top Three Participants by Country (Asia), 2010 India Asian Paint Kansai Berger South Korea KCC Samhwa International Paints Thailand TOA Akzo Nobel Nippon Paint Japan Nippon Paint Kansai SKK Malaysia Akzo Nobel Nippon Paint Jotun Taiwan Yungchi Akzo Nobel Kansai Indonesia Akzo Nobel Nippon Paint Propan Raya China Akzo Nobel PPG Nippon Paint Singapore Akzo Nobel Jotun Nippon Paint Philippines Boysen Charter Chemical Dutch Boy Hong Kong Akzo Nobel Nippon Paint SKK & Camel Paint Vietnam Akzo Nobel 4 Oranges Jotun Source: Frost & Sullivan
Industry Highlights - Key Drivers for Paint and Coatings industry in APAC Highest Impact Greater Economic Growth in APAC region Lowest Impact Growth in end-user industries sectors- construction, automotive etc Green Technology Increasing investments in infrastructure Source: Frost & Sullivan
Industry Highlights - Key Challenges for Paint and Coatings industry in APAC Competing Alternative Materials i.e.: glass, steel for exterior Slower adoption of technology Rising oil prices is a big concern! Rising Raw Material Prices Lowest Impact Highest Impact Source: Frost & Sullivan
Key Conclusions High GDP growth rate Countries in Asia Pacific are growing at a high GDP growth rate which is a promising factor for paint and coatings industry High Growth of Industry Paint and Coatings revenues in Asia Pacific have grown with a CAGR between 11-12% which is very high Key Drivers High growth of construction and automotive sectors is expected to drive the paint and coatings industry growth in the coming years Key Challenges Rising prices of raw materials is a big concern for the paints and coatings industry
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