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Southeast Asia Coatings Market

Southeast Asia Coatings Market

The coatings industry is sensitive to the growth of gross domestic product (GDP), and tends to grow at 􂀀 to times that of Southeast Asia’s GDP.

In 2014, the member economies of Southeast Asia (ASEAN-6) experienced decelerating growth; 4 of the􂀀 recorded slowdowns that edged the subregional average down to 􂀀% in 2014. Indonesia and Thailand were both among those decelerating in 2014.

Southeast Asia is poised for a growth rebound in 2015. Aggregate growth is to rebound to 􂀀% in 2015 and 2016, as recovery in Indonesia and Thailand leads the way and most of the subregion trends up and benefits from rising exports and lower inflation.

The coatings market in Southeast Asia is expected to fare well due to impressive growth in the construction industry, a result of the development of residential & commercial buildings as well as infrastructure. The optimistic economic conditions anticipated in most Southeast Asia countries, especially Indonesia and Thailand, is expected to cause these segments to witness buoyant growth, thereby influencing the coatings market.

The SEA coatings market was worth $􂀀 billion in 2014 and is projected to reach $􂀀 billion by 2019, fueled by economic growth and rising urbanization.

In 2014, the decorative coatings segment was the largest application area, accounting for approximately 􂀀% of the total market, followed by wood, protective, and automotive OEM coatings.

Indonesia accounted for the largest share— %—with a revenue of $􂀀 billion in 2014, followed by Thailand, Vietnam, and the Philippines.

Much of the focus is now shifting towards emerging markets—mainly Indonesia, Vietnam and the Philippines—as volume is the name of the game; these countries host large population of 􂀀 million, 􂀀 million and 􂀀 million, respectively.

About this report

Coatings have diversified functionalities and application areas. Therefore, the market can be segmented into decorative coatings, automotive OEM coatings, automotive coatings, can coatings, coil coatings, marine coatings, powder coatings, protective coatings, wood coatings, and other industrial coatings. This research service covers Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The study explores the market dynamics, competitive landscapes, as well as the latest trends in the Southeast Asian coatings market. Quantitative and qualitative analyses were completed through primary interviews with key industry players, and secondary research from top quality journals, articles and other databases.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Total Southeast Asia Coatings Market
    • Market Overview-Definitions
    • Key Questions this Study will Answer
    • Market Segmentation-Total SEA Coatings Market
    • GDP Growth by Region
    • GDP Contribution in SEA
    • Urbanization in SEA
  • Drivers and Restraints-Total Coatings Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends-Total Coatings Market
    • Market Engineering Measurements
      • Table Total Coatings Market: Market Engineering Measurements, SE Asia, 2014
    • Forecast Assumptions
    • Total SE Asian Coatings Market-Volume Shipment and Revenue Forecast
      • Table Total Coatings Market: Volume Shipment and Revenue Forecast, SE Asia, 2012-2019
    • Volume Shipment and Revenue Forecast Discussion
    • Total SE Asian Coatings Market-Revenue Breakdown by Segment & Country
  • Market Forecasts and Trends-Segment Analysis
    • Automotive OEM Coatings Segment Analysis-Revenue Forecast
      • Table Automotive OEM Coatings Segment: Revenue Forecast, Southeast Asia, 2012-2019
    • Automotive OEM Coatings Segment Analysis-Percent Revenue Forecast by Country
    • Automotive OEM Coatings Segment Analysis-Revenue Forecast by Country
      • Table Automotive OEM Coatings Segment: Revenue Forecast by Country, 2012-2019
    • Automotive OEM Coatings Segment Analysis-Revenue Forecast Discussion
    • Decorative Coatings Segment Analysis-Revenue Forecast
      • Table Decorative Coatings Segment: Revenue Forecast, Southeast Asia, 2012-2019
    • Decorative Coatings Segment Analysis-Percent Revenue Forecast by Country
    • Decorative Coatings Segment Analysis-Revenue Forecast by Country
      • Table Decorative Coatings Segments: Revenue Forecast by Country, 2012-2019
    • Decorative Coatings Segment Analysis-Revenue Forecast Discussion
    • Marine Coatings Segment Analysis-Revenue Forecast
      • Table Marine Coatings Segment: Revenue Forecast, Southeast Asia, 2012-2019
    • Marine Coatings Segment Analysis-Percent Revenue Forecast by Country
    • Marine Coatings Segment Analysis-Revenue Forecast by Country
      • Table Marine Coatings Segment: Revenue Forecast by Country, 2012-2019
    • Marine Coatings Segment Analysis-Revenue Forecast Discussion
    • Protective Coatings Segment Analysis-Revenue Forecast
      • Table Protective Coatings Segment: Revenue Forecast, Southeast Asia, 2012-2019
    • Protective Coatings Segment Analysis-Percent Revenue Forecast by Country
    • Protective Coatings Segment Analysis-Revenue Forecast by Country
      • Table Protective Coatings Segment: Revenue Forecast by Country, 2012-2019
    • Protective Coatings Segment Analysis-Revenue Forecast Discussion
    • Wood Coatings Segment Analysis-Revenue Forecast
      • Table Wood Coatings Segment: Revenue Forecast, Southeast Asia, 2012-2019
    • Wood Coatings Segment Analysis-Percent Revenue Forecast by Country
    • Wood Coatings Segment Analysis-Revenue Forecast by Country
      • Table Wood Coatings Segment: Revenue Forecast by Country, 2012-2019
    • Wood Coatings Segment Analysis-Revenue Forecast Discussion
  • Market Forecasts and Trends-Country Analysis
    • Indonesian Coatings Market-Volume Shipment and Revenue Forecast
      • Table Coatings Market: Volume Shipment and Revenue Forecast, Indonesia, 2012-2019
    • Indonesian Coatings Market-Volume Shipment and Revenue Forecast Discussion
    • Indonesian Coatings Market-Top 3 Segments
    • Malaysian Coatings Market-Volume Shipment and Revenue Forecast
      • Table Coatings Market: Volume Shipment and Revenue Forecast, Malaysia, 2012-2019
    • Malaysian Coatings Market-Volume Shipment and Revenue Forecast Discussion
    • Malaysian Coatings Market-Top 3 Segments
    • Philippine Coatings Market-Volume Shipment and Revenue Forecast
      • Table Coatings Market: Volume Shipment and Revenue Forecast, The Philippines, 2012-2019
    • Philippine Coatings Market-Volume Shipment and Revenue Forecast Discussion
    • Philippine Coatings Market-Top 3 Segments
    • Singaporean Coatings Market-Volume Shipment and Revenue Forecast
      • Table Coatings Market: Volume Shipment and Revenue Forecast, Singapore, 2012-2019
    • Singaporean Coatings Market-Volume Shipment and Revenue Forecast Discussion
    • Singaporean Coatings Market-Top 3 Segments
    • Thai Coatings Market-Volume Shipment and Revenue Forecast
      • Table Coatings Market: Volume Shipment and Revenue Forecast, Thailand, 2012-2019
    • Thai Coatings Market-Volume Shipment and Revenue Forecast Discussion
    • Thai Coatings Market-Top 3 Segments
    • Vietnamese Coatings Market-Volume Shipment and Revenue Forecast
      • Table Coatings Market: Volume Shipment and Revenue Forecast, SE Asia, Vietnam, 2012-2019
    • Vietnamese Coatings Market-Volume Shipment and Revenue Forecast Discussion
    • Vietnamese Coatings Market-Top 3 Segments
  • Competitive Landscape
    • Competitive Landscape-Automotive OEM Coatings Segment
    • Market Share-Automotive OEM Coatings Segment
    • Competitive Environment-Automotive OEM Coatings Segment
    • Competitive Landscape-Decorative Coatings Segment
    • Market Share-Decorative Coatings Segment
    • Competitive Environment-Decorative Coatings Segment
    • Competitive Landscape-Marine Coatings Segment
    • Market Share-Marine Coatings Segment
    • Competitive Environment-Marine Coatings Segment
    • Competitive Landscape-Protective Coatings Segment
    • Market Share-Protective Coatings Segment
    • Competitive Environment-Protective Coatings Segment
    • Competitive Landscape-Wood Coatings Segment
    • Market Share-Wood Coatings Segment
    • Competitive Environment-Wood Coatings Segment
  • Technology Trends
    • Technology Trends by Country
    • Technology Trends-Water-Based Coatings Outlook 2014
  • Conclusion
    • The Last Word
  • Appendix
    • Market Engineering Methodology
  • Key Multinational Market Participant Profiles
    • Akzo Nobel-Company Overview
    • Akzo Nobel-Financial Performance
    • Akzo Nobel-Coatings Business Description
    • Axalta Coating Systems (Formerly known as Dupont Performance Coatings)-Company Overview
    • Axalta Coating Systems-Financial Performance
    • Axalta Coating Systems-Coatings Business Description
    • BASF Group-Company Overview
    • BASF Group-Financial Performance
    • BASF Group-Coatings Business Description
    • Chugoku Marine Paints Ltd-Company Overview
    • Chugoku Marine Paints Ltd-Financial Performance
    • Chugoku Marine Paints Ltd-Coatings Business Description
    • Hempel-Company Overview
    • Hempel-Financial Performance
    • Dulux Group-Coatings Business Description
    • Jotun-Company Overview
    • Jotun-Financial Performance
    • Jotun-Coatings Business Description
    • Kansai Paint Co., Ltd-Company Overview
    • Kansai Nerolac Paint Limited-Financial Performance
    • Kansai Nerolac Paint Limited-Coatings Business Description
    • Nippon Paint-Company Overview
    • Nippon Paint-Financial Performance
    • Nippon Paint-Coatings Business Description
    • PPG-Company Overview
    • PPG-Financial Performance
    • PPG-Coatings Business Description
    • Valspar-Company Overview
    • Valspar-Financial Performance
    • Valspar-Coatings Business Description
  • Next Steps
    • What is www.paintfrost.com?
    • PaintFrost-Key Deliverables
    • Market Segment Definitions

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