THAI COATINGS SECTOR DISPLAYING CONTINUED ROBUSTNESS
February 1st, 2018
THAILAND maybe in political stagnation, with its military government unlikely to stage elections until November at the earliest, but its paint and coatings market is expanding robustly. Demand for coatings in Thailand, during the whole of 2017, was estimated at 510,000 tonnes worth USD1.5 billion, according to US-based consultancy for the chemical industry Kusumgar, Nerlfi & Growney. It is projecting 5% year-on-year growth in Thai sales this year (2018), noting that the paint and coatings market has been benefiting from rapid urbanisation, shorter repainting ...
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