Wednesday, May 28, 2008

Business: Australia and New Zealand paints and coatings market

Dependent on Main End Use Sectors

Singapore (BUSINESS WIRE) - Frost & Sullivan's Chemicals and Materials Practice in Asia Pacific (http://www.chemicals.frost.com) will host an exclusive live briefing on the Australian and New Zealand Paints and Coatings Market, on June 10, 2007 at 11:00 hrs (GMT+ 08:00hrs) Singapore time.

The Australian and New Zealand paints and coatings markets have shown varying growth rates among different product segments largely due to the very different nature and dynamics at work in the end-user sectors for different coatings products.

The steady growth in architectural paints and the relatively rapid growth in the protective and powder coatings markets have been offset by stagnant to decreasing growth rates in the automotive and industrial wood coatings markets.

This briefing will provide an overview of the ANZ paints and coatings market with an analysis of the industry - examining market sizing, challenges and primary areas of growth. Highlights of the briefing include a discussion on key trends in the major end use sectors, as well as product trends in various product segments. We will also provide an update of related and upcoming research and provide an opportunity for a question and answer session with the analyst.

This briefing will benefit paints and coatings manufacturers by discussing upcoming trends, market consumption estimates and the competition in different product segments.

Sarah Wang, Industry Analyst for the Chemicals, Materials and Food division of Frost & Sullivan, Asia Pacific says that, "While the protective coatings market has been experiencing higher than average growth rates - due to increasing investment in infrastructure projects in the ANZ region - the relocation of manufacturing industries including wood furniture and automotive manufacturing to regions outside ANZ have lowered consumption of a number of coating segments such as automotive OEM coatings, industrial wood coatings and other coatings."

She adds that, "This is why, moving forward, the well being and performance of the industry is heavily dependant on the health and vigor of the main end use sectors."

Join us as Sarah Wang shares her insights on ANZ's paints and coatings scene. Those interested in registering for the interactive live 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, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & SullivanCorporate Communications - Asia Pacific Donna Jeremiah, +603 6204 5832 djeremiah@frost.com

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