Russia
by Vladislav Vorotnikov
Russia Correspondent
The volume of production of water-dis- persible paints in Russia will steadily grow in the coming years adding nearly
1.5 percent per year or 9. 4 percent in total in
the period from 2016 till 2020, reaching the
figure of 604,500 metric tons by that time, the
basic industry forecast from Julia Kislova, the
senior expert of Russia’s Coatings Producers
Association Centrlak has showed.
She indicated that the industry was under
heavy pressure due to the country’s economic
crisis and the fall in the volume of building
works over the past few years, so sales went
down from the peak of 555,200 metric tons in
2013 to 525,100 metric tons in 2015.
Although, the country’s Economy Ministry
promises the revival of the Russian economy
starting from this year with the growth in the
building, woodworking and metal industries.
Centrlak believes that this optimism could not
be fully justified, so in the pessimistic scenario
of the forecast with the negative factors still in
place, the domestic market will reach the vol-
ume of 554,700 metric tons only by 2020.
Still, there is a possibility of faster recovery
of the country’s economy, Kislova suggested,
adding that this will encourage domestic and
international companies to expand and modernize production capacities. In this case, the
industry’s output has the real chance to grow
to a record-breaking height of 652,500 metric
tons by 2020 and this is the optimistic version
of the forecast.
The common industry
challenges
In 2016 Centrlak reported that the coating industry was in heavy depression as the domestic
The volume of
production of
water-dispersible
paints in Russia
will steadily grow
in the coming
years – reaching
604,500 metric
tons by 2020.
Russia’s Industry for Water-Dispersible
Paints is on the Recovery Track
