Asia Coatings Markets to Explore Opportunities in Marine Sector

The 13th series of the Asia Coatings Markets in Singapore to be held on 7-8 November 2013, will bring together the who’s who of the coatings industry. This year, the event focuses on the increasing opportunities in Asia for the paints and coatings industry, which is primarily fueled by – steady growth in APAC marine coatings market, the progress in automotive sector, booming decorative sector and the gradual move towards green buildings.

In addition, this regional event also examines the marine coatings market that is poised to witness steady growth fuelled by robust development in shipbuilding, offshore engineering industry and petrochemical sectors.

According to Frost & Sullivan’s Asia-Pacific Marine Coatings Market Outlook report, the market is worth US$4.84 billion in 2012 and estimates this to reach US$6.69 billion in 2016. A focused marine coatings presentation will be delivered by the Managing Director of Chugoku Paints (India) Pvt. Ltd. – Mr. Krishan Lal Batra. He will share his views on the ‘Trends and Challenges Governing the Marine Coatings Landscape’ with a review of Asia’s marine coatings sector; the key health and environmental awareness as well as provide a price and market review of crude and bunker fuel. He will discuss the future of the marine coatings sector while focusing on the upcoming regulations that will impact the future landscape for marine coatings. Mr. Chris de Lavigne, Global VP, Industrial Practices, Frost & Sullivan will provide an overview on ‘High Growth Sectors Driving Asia’s Paints and Coatings Market,’ providing insights on macroeconomic and demand growth analysis of key Asian markets; the trends in the decorative, protective, industrial and marine sectors; optimising distribution channels and pricing models for effective market segmentation.

Other prominent companies speaking at the event include: The Valspar (Singapore) Corporation, TOA Paint Co., Nippon Paint (India), Shanghai Partners Co., Eason Paint Public Co., TIGER Coatings, Innov-Coat, and more.

Among those expected to participate as delegates are C-level executives, Marketing Managers, Product Managers, Project Managers, Sales Managers, Technical/R&D Managers from Paint & Coating Manufacturers, Traders, Raw Material Producers/ Traders, Consultants, Chemicals & Additives Suppliers/Technology Providers/ End-users.

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Press Release, September 24, 2013