POLITICIAL INSTABILITY HAS NOT PREVENTED THAI COATINGS MARKET EXPANDING AND GREENING
August 1st, 2011
BY KARRYN MILLER
DESPITE the political unrest that has plagued Thailand this year and in 2009, and 2010; the country's economy has stayed reasonably strong. Key players in the paint and coatings market have responded, expanding their product range.
According to Chroong Kanjchanapoomi, managing director of Netherlands-based paint and coatings giant AkzoNobel Thailand, the growth of the Thai paint industry has closely tracked that of the country's GDP, increasing as the economy grows - indicating the importance of the domestic market in this middle-income south ...
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