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Tuesday, 20 August 2019
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Markets & companies, Coatings market

China’s paint and coatings market poised for gradual revival

Thursday, 2 July 2009

The Chinese paint and coatings market is expected to have a medium annual growth rate of about 5 %.

Frost & Sullivan expect that the architecture coating and automotive coating markets will have high growth rates in the second half of 2009. Source: erdquadrat_www.fotolia.de
Frost & Sullivan expect that the architecture coating and automotive coating markets will have high growth rates in the second half of 2009. So...

In 2009, the total paint and coatings market in China is expected to have a medium annual growth rate of about 5 %, in terms of production shipment. A new study by Frost & Sullivan forecasts the end application industries of the paint and coatings market to revive gradually in the second half of 2009. End-user industries, including building, automotive, marine, oil, natural gas, chemical, furniture, and coil, will have different growth scenarios in the second half of 2009. For instance, the oil and natural gas industry will see a normal growth rate while building and automotive industries are estimated to grow quickly in the coming months due to governmental stimuli. As a result, architecture coating and automotive coating markets are expected to have high growth rates in the second half of 2009.

related links:

http://www.frost.com

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