PRZOOM - /newswire/ -
Singapore, Singapore, 2007/06/11 - Frost & Sullivan's Chemicals, Food & Materials practice in Asia Pacific (APAC) will host an analyst briefing on the Asian Wood Coatings Market on June 21 2007, at 11:00 hrs (GMT +08:00hrs) Singapore time.
The wood coatings sector has benefited considerably due to favorable economic conditions in Asia. Asian countries are amongst the top exporters of wooden furniture in the world and furniture exports have picked up and grown steadily since 2001. The said growth was exacerbated when exports plummeted after the 9/11 attacks and the subsequent recession of the US economy. China is spearheading the growth in exports of wooden furniture and is bolstered by the fast emerging furniture industry in South East Asia and Vietnam. India’s share of the Asian wood furniture and wood coatings industries however, is not as significant as its architectural coatings.
This briefing will provide an overview of the wood coatings market in Asia, including a regional outlook, general and technological trends, drivers and restraints. Highlights of the briefing include a snapshot of the competitive structure - key players and corresponding competitive factors. We will also provide an update of related and upcoming research topics, along with an opportunity for a question and answer session with the analyst. This briefing will benefit paint manufacturers, resin suppliers, OEMs using coatings, distributors, investment bankers and those who are actively involved in the Asian wood coatings market.
"Growth of wood coatings market will be seen in all countries in Asia although China and Vietnam are seen as high growth markets for wood coatings, "observes Frost and Sullivan’s Industry Manager Cynthia Su. "With Asia continuing to be one of the most cost competitive regions for manufacture of furniture for export to developed countries, demand for wood coatings is expected to increase steadily in tandem to cater to this demand." However, Cynthia points out that exponential growth has relative conditions - "As the furniture industry in Asia is export oriented, it is important for local manufacturers and regional manufacturers of wood coatings to keep track of the export trends of furniture."
Join us as Cynthia shares her insights on the growth of the Asian Wood Coatings Market. Those interested in registering for the interactive briefing should send an email to Corporate Communications - Donna Jeremiah at djeremiah[.]frost.com with the following information: full name, company name, title, telephone number, email address, city, state and country. The registration details will be emailed to you upon receipt of the above information.
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Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.