TAIWAN PAINT AND COATINGS INDUSTRY FEATURE
July 1st, 2006
BY JANE MOIR, in Hong Kong
TAIWAN'S paint and coatings industry is holding steady as the economy remains solid and demand for high-quality products increases, although smaller players are finding it tougher to compete in a market dominated by a few big firms.
Industry figures put annual paint growth at around 4% to 5%, with more than 500,000 tonnes produced each year, according to Taiwanese press reports. Terence Tang, general manager of ICI Paint Taiwan however suspects a more modest growth rate across the board of about three to four per cent over the last ...
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