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Saturday, 21 September 2019
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Markets & companies, Coatings market

APIC Meeting 2013: "a more pan-Asian approach would be reasonable"

Monday, 29 April 2013

The member associations of the Asian Paint Industry Council want to speak increasingly with one voice in the future, as Asia represents an extensive paint and coatings market with comparable challenges on country level. Main themes of the 16th APIC Meeting were the eco-friendliness and sustainability of paints and coatings as well as green initiatives in buildings. Compared to some of the other Asian industries, Singapore is already some steps nearer to this goal.

The Singapore Paint Manufactureres Association welcomed the delegates of the 16th APIC meeting in Singapore.

The Singapore Paint Manufactureres Association welcomed the delegates of the 16th APIC meeting in Singapore.

The Singapore Paint Manufactureres Association (SPMA) invited all APIC members from 25 to 26 April 2013 to attend the Annual Meeting, which was held in the city-state of Singapore this time. Almost 100 participants followed this invitation. For the first time, the New Zealand Paint and Coatings Manufacturers Association was also represented and gave an overview over the challenges of this concise coatings industry.

In their country reports, the national associations showed that the development of the different national paint and coatings markets and depicted their dependence on one another. Many of these Asian countries still show high growth rates. Soon, Asia would stand for 50% of the world's paint production, stated Jeremy Rowe, Vice President of SPMA, who is responsible as Managing Director, Decorative Paints South East Asia & Pacific at AkzoNobel. Rowe said that as part of this development the relevance and influence of independent Asian paint manufacturers markets was also growing on a global basis.

Asian paint and coatings manufacturers have showed higher interest to cooperate closer with each other as they discovered more and more similar challenges. "A pan-European approach would be very reasonable as Asian countries should support each other better in their respective market growth", said Rowe. That seems useful, as partly market growth e.g. in Malaysia stems from production sites being moved away from e.g. Singapore.

The APIC Meeting 2014 will take place in Vietnam.

Read the full report on the 16th APIC Meeting in European Coatings JOURNAL (http://www.european-coatings.com/Publications/EC-JOURNAL-and-e-Journal/Subscription)

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