IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Asian Coatings Demand to Rise

11:33 AM MDT | October 3, 2008 | Chemical Week Editorial Staff

Coatings demand in Asia keeps rising and totaled 21.4 million lbs last year, worth $29.5 billion, says a new study by Kusumgar, Nerlfi & Growney (KNG; West Caldwell, NJ). Demand is expected to climb 8%/year through 2012 with the emerging economies leading the way, KNG says. “Coatings consumption in the region [in 2007] was nearly 6 pounds per capita,” KNG says. “In comparison, the U.S. per capita consumption of coatings was over 50 pounds per...

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