Next few years, the growth of global demand for paints and varnishes will reach 4.7%
2014.05.29 15:30 According to foreign reports show the latest industry research firm,2014-2018 global paints and varnishes demand is expected to remain 4.7 percent growth rate.In the coming years,Argentina,China,India,Morocco and the United States is considered to be the most promising coatings market.
The report said,2007-2013 global paints and varnishes market average annual growth rate is 4.2%.Currently,in addition to the non-aqueous polymer polyester,vinyl and acrylic polymer-based paints and varnishes 36.6% of global demand,the market share of the remaining,non-vinyl and acrylic polymers,paints and varnishes City 17.8%,15.5% non-aqueous polyester varnish,a water-soluble vinyl addition polymer and an acrylic polymer-based varnish 13.4% ethylene and an acrylic polymer-based aqueous varnish 11.7%,paints and varnishes and other markets 5%.
Argentina,China,Germany,Japan and the United States in the coming years will be the most powerful development momentum paints and varnishes market,while the annual growth rate is expected to be the fastest growing region in Morocco 18.4%,12.3%,Macedonia,12.3% in Ireland,11% in Azerbaijan,and Ghana 10.1%.
By Betty