zero by 2018 as the country loses its vehicle manufacturing capabilities.
The relative importance of the
protective coatings segment is underpinned by the considerable activities in
terms of oil and gas production, energy
generation and mining that take place
in many of the Asia-Pacific countries.
Protective coatings have a particularly
large share of the market in China due
to the fast growth of sectors such as
civil engineering, marine engineering
and container manufacturing.
Marine coatings have a very high
share of the national paints and coatings market in Singapore, reflecting that
country’s importance as a regional hub
for maritime transportation, and also in
South Korea, which remains a key shipbuilding nation despite losing some business in recent years to China and other
low-cost countries such as Indonesia.
Industrial wood coatings are an especially dominant end-use segment in
Vietnam, thanks to the importance of
the wood processing industry and the
strong demand for Vietnamese-made
furniture from export markets around
the world.
Although the market for plastic coatings is relatively small in all countries
covered in this report, it is of greater
relative importance in Japan and Taiwan,
since those countries are key manufacturers of electrical and electronic goods.
‘A Profile of the Asia-Pacific Paint
Industry’ gives an insight into the
market changes in the past few years,
as well as outlining the key trends affecting the decorative and industrial
coatings segments for each individual
country covered. The scope of the
study covers Australia, China, India,
Indonesia, Japan, Malaysia, New
Zealand, Philippines, Singapore, South
Korea, Taiwan, Thailand and Vietnam.
It provides 2013 market data on nine
mainstream paints and coatings segments: architectural/decorative, industrial wood coatings, protective coatings,
marine coatings, automotive OEM
coatings, automotive refinishes, powder coatings, general industrial coatings
and plastic coatings. Forecasts on these
are also presented for the year 2018.
The cost of the full report is € 4,500
(four thousand five hundred Euros).
Sections of the report, priced individually, will soon be available to purchase
online at www.informationresearch.
co.uk.
Hot Melt Adhesive Market
in China to Reach RMB 15
Billion in 2019
GCiS China Strategic Research estimates
that the domestic market of hot melt adhesives in China is valued at over RMB
10.1 Bn, or USD 1.6 Bn, as of the end
of 2014. The study finds that the market will continue to grow at above GDP
growth rate in the next few years, driven
by China’s continued rapid development
in key end-user industries.
Recently there has been a strong regulatory push to incentivize use of envi-ronmentally-friendly products, which in
combination with an increased environmental consciousness among the public
has put pressure on adhesive using manufacturers to opt for HMA, which has no
VOC emissions, over alternate solvent-based adhesives. While HMA has key applications to textile, packaging, furniture,
and hygiene products industries, GCiS
forecasts electronics will continue to have
the highest growth, where hot melts are
used for the manufacturing and assembly, of electronic components, chips and
boards, cell phones, and computers. In total, these end-user industries are reported
to have consumed over 400,000 metric
tons of HMA in China currently.
Despite the overall economic slowdown, which will impact many downstream industries, suppliers are generally
optimistic about demand for hot melt adhesives in the coming years. Multinational
suppliers hold a very dominant position
in the market, especially in industries that
demand reliable high quality adhesive
products. Both domestic and foreign suppliers are prepared to introduce products
suitable for specific applications, temperature and bonding requirements.
This GCiS market study draws on a
three month in-depth primary survey of 82
of the market’s suppliers, channel players
and experts. The report features in-depth
analysis of the 7 key hot melt adhesive
products, EVA, SBS/SIS, PA, TPU,
PUR, and PES hot melts. Major
areas for each product segment
covered include: market size and
shares, five-year projections, market struc-
ture, pricing trends, distribution, an assess-
ment of key suppliers and more. Recent
developments to product technology, the
dynamics of end-user demands, and appli-
cation trends, are all addressed and thor-
oughly examined.
Global Waterborne
Coatings Market to Grow
by 3. 34 Percent from 2014-
2019
Technavio, an independent tech-focused
global research firm, has published a report on the Global Waterborne Coatings
Market 2015-2019, which is expected to
grow at a CAGR of 3. 34 percent during
the forecast period of 2014-2019.
“Nowadays, governments are focusing
more on the health concerns of people,
which has forced vendors to introduce
PU-based coatings that have less impact
on the environment,” said Faisal Ghaus,
vice president of TechNavio. “These coat-
ings have many properties such as pro-
tection from severe stone damage, high
electrical insulation, vibration-resistance,
noise reduction and anti-corrosive prop-
erties, therefore creating a huge demand
for PU-based coatings worldwide.”
Key Market Drivers:
• Stringent Government Regulations
• Properties
• Increase in Consumer Preference for
Eco-friendly Products
Key Market Trends:
• Advances in Technology
• Usage of PU-based Coatings
•Application of Dehumidification
Systems
To define the market circumstances in
the next three to four years, Technavio
analysts have conducted in-depth anal-
ysis of the impact of market drivers,
challenges and trends featuring data on
product segmentations, vendor shares,
growth rate by revenue and an evaluation
of the different buying criteria in the or-
der of importance. CW
