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Thursday, 19 September 2019
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Markets & companies, Raw materials market

Demand for Paint in Japan to grow in 2010

Monday, 22 March 2010

The new data published by the Japan Paint Manufacturers Association show an overall growth in the demand for paint for fiscal 2010.

The Japan Paint Manufacturers Association expects the demand for paint in the market sector Industrial Machinery to grow by 18.4 %. Source: Frank Eckgold - Fotolia.com
The Japan Paint Manufacturers Association expects the demand for paint in the market sector Industrial Machinery to grow by 18.4 %. Source: Frank E...

The Japan Paint Manufacturers Association has published the data for the demand for paint in Japan for the fiscal year 2010. The predicted total volume is 1,434,000 tons, which is 1.1 % more than in the fiscal year 2009. Especially the market sectors New Vehicles (226,000 tons, +9.7 %), Electrical Appliances (67,000 tons, +6.3 %), Metallic Products (97,000 tons, +5.4 %), and Industrial Machinery (58,000 tons, +18.4 %) are predicted to grow in 2010. The market sectors Buildings (364,000 tons, -0.8 %), Steel Structures (76,000 tons, -1.3 %), Marine Usage (111,000 tons, -7.5 %), Wooden Products (26,000 tons, -7.1 %) and DIY Usage (25,000 tons, -7.4 %) are expected to show a decline in 2010.

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