Catered by a few big and nearly 200 mid- and small-scale producers, the Japanese paint and coating industry is the third largest in the Asia-Pacific region on a value basis.
The Agenda 2063 projects entail the installation of critical assets, a large share of which utilize steel as the key raw material, with some located in areas characterized by harsh environmental conditions. Hence, there is the likelihood of a steady increase in demand for coating solutions.
