Asian paint and ink market has good development prospects

Frost & Sullivan's Department of Chemistry, Materials, and Food Practices will host a seminar on the Asian coatings and ink market survey analysis on June 29, 2006.

The newsletter provides detailed analysis of the Asian coatings and inks market and assesses current market trends and potential development directions. Also listed are some of the challenges that need to be addressed in the coating ink market.

In 2002, the paint and ink market grew rapidly in Asia's favorable economic environment. Despite the soaring oil prices in 2005, many Asian countries still look forward to the rapid development of coatings and other industries. There are many countries in Asia with different economic levels. Therefore, the development of the paint market will also change with the national GDP index. So only the right investment can be harvested.

This newsletter can be of great help to paint manufacturers, resin suppliers, paint OEMs, distributors, investors and others interested in investing in the Asian paint market.

The Asian paint market began to develop from the embryonic stage of the Chinese market. India and Southeast Asia play a complementary role, but the saturated Japanese market has constrained the development of the entire Asian market and the existing Japanese market. The development of paint markets in different regions is diversified. It is an important factor for the success of new investors looking for markets and established manufacturers to choose the right region.

`The Asian paint market has entered a sound stage of development in recent years, especially after China's accession to the WTO, other industries have also been restored after the economic downturn in 2001, and the global economic environment supports continuous Investment flows into Asia. The paint and ink market is also affected by the overall economic changes. The budding growth that Asian countries have demonstrated indicates that the paint market can continue to develop. D.Ashwin Kumar, senior research analyst at Frost & Sullivan.

Frost & Sullivan is a global development consulting company that provides clients with more than 40 years of experience in development and innovation development strategy consulting.

Source: China Chemical News