THE WORLD'S FASTEST GROWING PAINT EXPORT MARKETS

Abstract

In its latest survey of the world paint scene, IRL has identified the 25 fastest-growing paint export markets from around the globe. They are:

• Albania
• Algeria
• Azerbaijan
• Bulgaria
• Costa Rica
• Cyprus
• Ecuador
• FYR Macedonia
• Georgia
• Hungary
• India
• Jordan
• Kazakhstan
• Madagascar
• Malaysia
• Malta
• Nicaragua
• Paraguay
• Qatar
• Republic of Moldova
• Singapore
• Slovakia
• Tanzania
• Togo
• Turkey

IRL's new study, The World's Fastest-Growing Export Markets provides a statistical and numerical characterisation of these markets, offering an insight into their potential. These rapid growth markets are found in all of the major economic regions, spread throughout Eastern Europe, the Middle East and Africa, as well as some parts of Asia and Central America. Where are these markets being served from and what are the relative strengths of water-based and solvent-based paint demand? The answers to these questions are also included in the data and analysis. Germany, Italy, Turkey, UAE, the UK and the USA are the leading suppliers to at least two of the above 25 paint markets but a host of regional activity also prevails, especially in the Americas, Africa and Eastern Europe.

This unique survey will be ideal for paintmakers' export and business development managers and for any companies looking to identify new growth opportunities in emerging markets. For raw materials suppliers, it will highlight all of the major economies to be active in in order to capitalise on formulated products that are delivered overseas.