Research and Markets: Infrastructure Projects and the Automotive Refinish Paint Market Boosts Demand for Industrial Paint and Coatings in South Africa
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DUBLIN, Ireland--(Business Wire)-- Research and Markets(http://www.researchandmarkets.com/research/0f4f1b/south_african_indu) has announced the addition of Frost & Sullivan's new report "South African Industrial Paints and Coatings Market" to their offering. This Frost & Sullivan research service titled South African Industrial Paints and Coatings Market provides an analysis of the industrial paints and coatings, industrial exterior and interior paints, protective industrial coatings, automotive original equipment manufacturer (OEM) and refinishes paints. It also provides an opportunity analysis across various end-user industries. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: speciality chemicals, industrial paints, coatings and adhesives along with the following technologies: water-based and solvent-based. Market Overview The industrial exterior and interior South African paint market is growing due to the infrastructure spending and other capital-intensive projects in the manufacturing sector. Industrial paint and coatings used for various applications, add value to the constructed structures when used in the correct proportions. Efforts by construction firms to complete projects in a timely manner will result in an increased usage of industrial paint and coatings in the coming years. "The booming infrastructure and construction industry is fuelling demand for industrial paint and coatings," notes the analyst of this research. "More spending by the government on public infrastructure projects would result in extensive usage of industrial paint and coatings during the pre and post construction phases." Spiralling raw material costs will increase the total cost of industrial paints and coatings, dampening uptake. Reduced demand for automotive OEM paints, decline in consumer spending on white goods, and the rise in energy prices are making it more difficult for suppliers to sell industrial paint and coatings to end users. "Demand for industrial paints and coatings from the traditionally stronger automotive and refinish segments, coupled with increasing raw material prices are having a negative impact on the industrial paints and coating market," explains the analyst. Suppliers are conducting awareness campaigns, accrediting their products and are working on procuring long-term supplier service agreements to help increase their market share and opportunities. Low-cost, performance-driven products are crucial at this stage to improve the uptake of industrial paints and coatings by end users and garner a substantial share of the market. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: * Speciality chemicals * Industrial paints * Coatings and adhesives Technologies The following technologies are covered in this research: * Water-based coatings * Solvent-based coatings Key Topics Covered: * Executive Summary * Total Industrial Paints and Coatings Market * Industrial Exterior and Interior Paints Market * Automotive Paints Market * Other Industrial Paints and Coatings Market * Strategic Recommendations and Conclusions For more information visit http://www.researchandmarkets.com/research/0f4f1b/south_african_indu Research and Markets Laura Wood Senior Manager Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 press@researchandmarkets.com Copyright Business Wire 2009
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