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Chemicals, plastics and rubber industries

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Markt f r Farben wird bunter

Article Abstract:

Vietnam's per capita consumption of paints and varnishes is forecast to rise to 2 kg per year in the next five years from 0.3 kg in 1995. Total consumption in 1996 is estimated at 30,000 tonnes. Vietnam's production of architectural paints is forecast to grow at an annual rate of 15% in the next five years. Keen demand is forecast also for high-quality industrial coatings, of which there has so far been no local production. The production of alkyd and oil paints in 1996 is estimated at 10,000 tonnes, with Bach Tuyet Paint Co accounting for 40% of the total and Hanoi General Paint Co 20%. Jotun AS of Norway, Nippon Paint , Prezioso of France and Urai Phanich of Thailand have set up production plants in Vietnam, while Akzo Nobel Coating of the Netherlands, Courtaulds Coatings Singapore Pte Ltd, Eurodep of France, ICI Paints Holding of Singapore, and Pacific Strategy and Toa Paint of Thailand are involved in joint ventures. Toa Thailand and Thai Dutch Boy are building a 6,000-tpy factory for water-based architectural coatings in Vietnam.

Comment:

Vietnam: Per capita consumption of paints & varnishes is projected to rise to 2 kg per yr in next 5 yrs from 0.3 kg in 1995

Publisher: Curt R Vincentz Verlag
Publication Name: Farbe & Lack
Subject: Chemicals, plastics and rubber industries
ISSN: 0014-7699
Year: 1998
Forecasts, trends, outlooks, Vietnam

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Wachstum wird sich beschleunigen

Article Abstract:

A report by the Freedonia Group of Cleveland, US, predicts the worldwide demand for paints and coatings to grow at an annual rate of 2.1% in the 1997-2001 period from 21.85mn tonnes to 25.5mn tonnes, compared with 2% annually in 1988-96. In value terms, demand is forecast to grow 5.7% annually to US$ 72bn. Expected annual growth rates in 1997-2001 (1988-96) by region: Latin America, Caribbean 5.1% (5.4%) China 5% (6%) rest of Asia-Pacific 3.4% (7.4%) rest of the world 3.4% (-3.8%) North America, Mexico 3.2% (3.0%) Western Europe 2.6% (1.4%) Japan 0.7% (0.8%) Growth will be led by high solids and powder coatings.

Comment:

World: Freedonia Group (US) predicts paints & coatings demand to grow at an annual rate of 2.1% in 1997-2001 period

Publisher: Curt R Vincentz Verlag
Publication Name: Farbe & Lack
Subject: Chemicals, plastics and rubber industries
ISSN: 0014-7699
Year: 1998

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Starkes Wachstum f r strahlenh rtende Druckfarben weltweit

Article Abstract:

US forecasts put the annual growth of the world market for printing inks in the next few years at 2-3%. Demand for radiation-cured flexo printing inks and litho printing inks is forecast to grow at twice the rate of the overall market. In 1996 worldwide demand was estimated at US$ 11.3bn, with North America accounting for 39%, western Europe 33%, Asia 20% and the rest of the world 8%. *

Comment:

World: Annual growth of market for printing inks in next few years will be at 2-3% according to US forecasts

Publisher: Curt R Vincentz Verlag
Publication Name: Farbe & Lack
Subject: Chemicals, plastics and rubber industries
ISSN: 0014-7699
Year: 1998
Printing Ink, Printing Ink Manufacturing, Printing inks

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Subjects list: Coatings, Paints, Article
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