World architectural paint demand to reach 39.3 billion in 2009

摘要

World demand for architectural paints is forecast to rise 3.7°/o per year through 2009 to 19.8 million metric tonnes,valued at 39.3 billion.Worldwide architectural paint demand will benefit from stronger economic growth through 2009 combined with strong(albeit decelerating)growth in building construction expenditures over the same period.Additionally,rapid growth in the world's urban population and number of households will continue to strain the existing housing stock,prompting increased residential construction spending at both the public and private levels.These and other trends are presented in World Architectural Paints,a new study from The Freedonia Group Inc,a Cleveland-based industry research firm.