Description

Over the next two years the Asia Pacific decorative coatings market is projected to continue to grow above the global average. The Asia Pacific region is an important and growing part of the global coatings marketplace. Unlike other regions of the world, the Asia Pacific region has continued to grow, even in the face of the global recession. In particular, China and India have shown the greatest levels of growth, with China becoming the world’s largest coatings market in terms of volume. Over the next five years these growth trends are projected to continue with China and India leading the way. From a market segment standpoint, decorative coatings are forecast to experience positive rate of growth to 2012 in the region.