brand DuPont Colorsplash by
Prismatic. The line consists of vibrant
colors, select metallic special effect
finishes, textures and two coat colors
that add zest to automotive wheels
and bicycle and motorcycle finishes.
According to DuPont, the alliance
gives Prismatic Powder broader market reach while enabling DuPont to
add a unique product offering in
order to benefit customers. Prismatic
Powders has specialized in the
unique color niche of the powder coating market for more than 23 years.
GERMAN PAINT MAKER
SELECTS DUPONT ECOCONCEPT
Bollig & Kemper, a German manufacturer of coatings for the European auto
industry, has signed a license agreement for DuPont EcoConcept, a patented coatings technology that enables
auto manufacturers to realize reductions in energy use, environmental
emissions and capital costs. Under the
license agreement, the Cologne-based
paint maker will manufacture and sell
water-based basecoats for use in the
EcoConcept process at automotive
manufacturing plants in Germany and
elsewhere in Europe.
DuPont EcoConcept is a patented
finishing system that allows automotive manufacturers to eliminate an
entire coat in the painting process.
EcoConcept technology was recognized
New Reports
POLAND TO BECOME LARGEST
PAINT MARKET IN EASTERN EUROPE
Information Research (IRL) has recently published a
third edition of its title, “A Profile of the Central and
Eastern European Paint Industry.” The study provides
overviews and forecasts for 21 national paint and coatings markets across the continent from Central and
Eastern Europe to the republics of the Caspian region.
Paint demand across these countries has been evaluated
at 4.82 million tons, and with average market growth of
nine percent per annum, this can be expected to reach more
than 7. 7 million tons by the end of 2012. Simple drivers
underpin growth in coatings demand across the region,
including strong growth in construction markets, strong
growth in infrastructure investment, rising salaries and
greater disposable incomes, and growing industrial output.
The regional market is now dominated by two
economies whose paint demand is very similar. The markets for paint and coatings in Poland and Russia can both
be estimated at approximately 1.25 million tons for 2007.
This translates into per capita paint use of 32. 3 kg/head
in Poland (population 38. 5 million) but only 8. 8 kg/head in
Russia (population 141.3 million). Poland can be expected
to overtake Russia as the largest paint market in the
region within the next two years. Key contributors to the
future success of the Polish paint market are major construction projects with EU backing, continued investment
in manufacturing, increasing housing completions and
the country’s joint hosting of the European Cup in 2012.
Russia, in the meantime, is enjoying modest growth in the
decorative market with DIY consumers looking for
increasingly better quality paints and professionals
standing by their preferred economy types. Some of this
potential, however, is being capped by the greater popu-
larity of wallpaper and plastic-based ceilings in Russia.
Other markets which present attractive growth opportunities include Ukraine, Romania and Turkey. Of these three,
Romania is the smallest market at approximately 180,000
tons, with Ukrainian paint demand at 335,000 tons and
Turkish paint demand at more than twice that. These sizeable markets offer strong combinations of market volume,
rapid growth and population.
MAJOR GROWTH FORECAST
FOR INDIAN PAINT MARKET
Information Research (IRL) has also published “A Profile of
the Indian Paint Industry,” a new report on the Indian
paint and coatings market. The study points to phenomenal
growth prospects for Indian paint demand, which is now
estimated at 1.22 million tons. Data in the report indicates
that the entire Indian paint and coatings market will reach
approximately two million tons at the start of the next
decade.
As construction projects get under way in India in a big
way, the market is becoming even more entrenched with
architectural coatings, which according to this analysis,
account for approximately 81% of the total market. Every
sub-segment of the Indian architectural coatings market
now demonstrates double-digit percentage growth.
Given average segment growth of approximately 16% per
annum for the five years to 2011, the Indian decorative
coatings market alone will amount to more than two million tons in that year.
The industrial coatings sector in India is also expected to
demonstrate strong growth of the order of approximately
17% per annum. This growth is underpinned by construction and infrastructure on the one hand and consumer
goods demand on the other.
For more information on these reports, please contact Terry
Knowles at tknowles@brg.co.uk.