World paint and ink market grows in scale

Industry figures predict that by 2004, the world paint and ink market will grow to 14.2 billion US dollars. According to the latest market research report released, demand for coatings in the Asian market continues to rise, and demand for cheap products is high. According to statistics, cheap coatings in China and India have a great impact on the market. Moreover, these two countries have a large population and a large number of needs. In recent years, the development rate has been the fastest. It is expected that future water-based inks and coatings as well as powder and UV-curable inks and coatings will have a promising future.