LATIN AMERICA’S BIGGEST MARKETS SEE SLOW BUT STEADY COATINGS SALES GROWTH

WHILE Latin America has not seen the growth witnesses by emerging markets in Asia, their paint and coatings sectors are still strengthening, and can build on a higher historic levels of prosperity than most Asian countries.And the industry is more robust than many. Despite Brazil’s economy slowing down in 2012 for instance, with GDP growth reaching a meagre 0.9% last year, the market for paint and solvents has remained strong.In fact, the Brazilian Coatings Manufacturers Association (ABRAFATI) estimates that the Brazilian paint, coatings and varnish sector will ...


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