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'IRFAB' Powder Coatings Study: "Powder Coatings Markets 2003-2013 Central & Eastern Europe, Middle East & Africa"

Published on 2004-09-10. Author : SpecialChem

 

BRUSSELS, Belgium -- To date, only generic and fragmentary data have been published on the CENTRAL & EAST EUROPEAN, MIDDLE EASTERN & AFRICAN Paint and Coatings markets.

In 2003, the Powder Coatings market in the Central & East European countries is over 50,000 Tonnes valued at more than EUR 160 million. About 50% is locally manufactured and the balance imported, approaching 30 Powder Coatings manufacturers in the countries analysed. The Powder Coatings market in the Middle East & Africa is at the same level of well over 50,000 Tonnes. Penetration of powder coatings differs by country from 4% up to 10%. Irfab reports there is still plenty of room for increased penetration of Powder Coatings in the entire Region. With growth rates that vary by country and Region from 7% and more per year, by the year 2013, the Powder Coatings market in CENTRAL & EASTERN EUROPE, MIDDLE EAST & AFRICA will pierce the two hundred thousand (200,000) Tonnes mark.

These are some of the striking conclusions from the long awaited strategic market and technology assessment study conducted by Irfab Chemical Consultants, and sponsored by major Chemical, Paint and Powder Coatings companies world wide, with the title "POWDER COATINGS MARKETS IN CENTRAL & EASTERN EUROPE, MIDDLE EAST & AFRICA 2003-2013'', covering more than 25 countries.

The study reports imports/exports by individual country, shares of market participants, both local producers and importers, sourcing of selected raw materials, trends in novel powder coating technologies: MDF, UV, thin-film technology, listing of traders/importers. Issues like shift of powder coatings manufacturing from West Europe to Eastern Europe and joint ventures and/or commercial agreements are examined in the study. The study provides key market information by country, by application, by chemistry and profiles of powder coatings manufacturers. In our analysis, Turkey, - because of its geographic position, and generally regarded as such by the main Companies -, has been considered under the 'Middle East'.

The report is a worthy document for corporate business planning and R&D decision makers and provides tools for strategic decision making to identify untapped opportunities and explore new geographical markets.

IMPORTANT REMARK: Concurrently with this Powder Coatings study, a similar study of the "ASIAN POWDER COATINGS MARKETS 2003-2013" is being published, covering all countries in the Asia Pacific Region.

Irfab Chemical Consultants is an international and global marketing consultancy company, since 30 years involved exclusively in highly specialised market assessment and long-term technology forecasting in the Paint and Coatings sector and related raw materials.

Source: Irfab Chemical Consultants


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