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

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Mar 15, 2010, 01:37 ET

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.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Media Contact:

Donna Jeremiah
Corporate Communications – Asia Pacific
P: +603 6204 5832
F: +603 6201 7402
E: [email protected]

Carrie Low
Corporate Communications – Asia Pacific
P: +603 6204 5910
E: [email protected]