CLEVELAND - Market research firm Frost & Sullivan has released a new report, Strategic Analysis of the Paint and Coatings Market. The report predicts that the $43.52 billion paint and coatings market in the Asia-Pacific region will reach $53.55 billion in 2011, growing at a CAGR of 11 percent. The paint and coatings market in the Asia-Pacific region has improved due to growth in the end-user segments of con- struction, commercial, public buildings and residential real estate. The buoyant economic conditions in most Asia-Pacific countries, especially in China and India, have had a bearing on the investment in these sectors and thereby on the paint and coatings market.
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