CHINA, KOREA AND JAPAN FACE SIMILAR CHALLENGES IN MARINE COATINGS SECTOR

THREE of the world’s biggest marine coatings markets - China, South Korea and Japan – have a lot in common even though they face diverse market conditions across Asia, according to market analysts. China’s shipyards will power growth in the Asia-Pacific marine coatings market, but it is the major international coatings companies and their China-based joint ventures that remain in prime position to benefit, according to new research from consultancy Frost & Sullivan.  A steady pick-up in both global shipping trade and Chinese domestic demand is ...


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