Southeast Asia Surface Treatment Chemicals Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023-2028)
The Southeast Asia surface treatment chemicals market is expected to register a CAGR of over 6% during the forecast period.
The COVID-19 pandemic outbreak resulted in substantial production losses for the industrial sector owing to prolonged lockdowns, lack of labor, and strict social distancing norms. Many plant expansion projects were put on hold during this period, leading to hindrances in the market demand for surface treatment chemicals. However, with the industrial sector making a steady recovery post-pandemic, order for the surface treatment chemicals market is anticipated to grow during the forecast period.
Key HighlightsThe surface treatment chemicals market in Southeast Asia is fragmented in nature. Some key players in the market are Nippon Paint Holdings Co. Ltd., Henkel AG & Co. KGa, PPG Industries Inc., NOF CORPORATION, and The Sherwin-Williams Company, among others.
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