Abstract
IAL is pleased to announce the forthcoming publication of a new edition of its
report on the Markets for Polyurethane Chemicals and Products in Asia-Pacific.
This will again be a three volume report covering the major areas in the
Asia-Pacific region.
Each volume describes three distinct markets within the overall region in
detail, whilst the headline data relating to total production and raw material
consumption will be collated and summarised in a single volume Executive
Summary and presentation.
The geographical coverage is as follows:
- Far East - China, South Korea, Japan & Taiwan
- India
- South East Asia & Australia - Indonesia, Malaysia,Philippines, Singapore,
Thailand & Rest of SEA
The three volumes reflect markets at different stages of development, each
offering different opportunities for raw material and equipment suppliers. The
markets in the Far East are technically developed and fairly mature, with the
exception of China, where significant growth is still being driven by export
and domestic demand.
PU production in the smaller markets of South East Asia is growing because of
competitive labour costs compared to China and increased levels of foreign
investment. These emerging markets continue to develop and offer good growth
opportunities and in some cases the advantages of easier trading conditions
when compared to China
India has the world' s second largest population after China, and has the
world' s second highest growth rate for PU production, with aims of becoming a
major global automotive and footwear manufacturer. However, problems of poor
infrastructure and high taxes still hamper market growth.
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