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Study examines additives consumption in Asia.(INDUSTRY NEWS)
- Article from:
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Paint & Coatings Industry
- Article date:
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June 1, 2008
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WEST CALDWELL, NJ--Consumption in Asia of seven leading coatings additives was 655 million lbs., worth $1.5 billion, according to the consulting firm of Kusumgar, Nerlfi & Growney. This compares to U.S. consumption of $800 million for the same additive types, which include biocides, rheology modifiers, dispersants, foam control, wetting, and slip and rub materials. Coatings additives growth in Asia is forecast to be nine percent per year through 2012, more than four times that of the United States.
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China is the largest consumer of coatings additives in Asia, spending 37 percent of all dollars. Continued growth in building and manufacturing ...