The five largest coatings suppliers in the Asia-Pacific Region are projected to capture 28% of worldwide sales in 2013.
Coating consumption in the Asia-Pacific region is projected to be 16.45 million tons worth $48.3 billion in 2013, according to the consulting firm Kusumgar, Nerlfi & Growney.
PPG Industries recently announced it has expanded its aerospace business operations in Japan with the relocation of its application support center to a site in Miyoshi.
AkzoNobel recently announced plans to optimize the manufacturing footprint of its Coil Coatings sites in Europe and Russia by concentrating production at three strategic sites.
CVC Thermoset Specialties, a business group of Emerald Performance Materials, recently announced it will increase capacity of its line of ERISYS™ epoxy-functional monomers.
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