A Profile of the Russian Paint Industry – 2nd edition

Citation

(2006), "A Profile of the Russian Paint Industry – 2nd edition", Anti-Corrosion Methods and Materials, Vol. 53 No. 3. https://doi.org/10.1108/acmm.2006.12853cac.003

A Profile of the Russian Paint Industry – 2nd edition

A Profile of the Russian Paint Industry – 2nd edition

Keywords: Paints, Pigments, Colour technology

Information research (IRL) is pleased to announce the publication of a second edition of one of its most popular titles, A Profile of the Russian Paint Industry.

Paint demand in Russia will have crossed the one-million tonne mark in 2005 and is estimated at 1,050,000 tonnes. Russian paint output is climbing as a result of limited investment across the top tier of industry and imports are spiralling to help fill the technology gap especially in some of the most important economic areas such as Moscow and St Petersburg. The performance of the industry in the future is expected to be good, growing at an average of 7.1 per cent pa between 2005 and 2010, when Russian paint demand will approach 1.5 million tonnes.

Although Russian GDP growth is beginning to soften one of the major growth markets will be the rapidly- growing automotive industry as foreign carmakers invest on Russian soil. It is expected that the level of car output in Russia will soar from 165,000 units in 2004 to 900,000 units by 2010 and that demand for automotive OEM coatings will multiply rapidly, possibly by as much as 30 per cent pa from the present level of about 40,000 tonnes. There is a long waiting list for foreign car models in Russia and with purchasing power rising there will be associated increases in refinish consumption within the coming years.

One of the key difficulties for the Russian paint and coatings sector, and the Russian chemical sector in its widest sense, is a lack of investment interest. At present, the level of investment in the Russian chemical industry is insufficient while for most the paint sector remains unattractive. Some major paint companies have been able to expand production capacity but most are in need of new manufacturing equipment, ideally with a degree of cost- effectiveness. Most consumers would prefer to see the quality of Russian paint output rise rather than being able to choose from a wider range of colours or being offered new formulations.

Also, with regard to raw materials supply:

• •

  There is a major shortage of good quality binder, resin and paint additive production in Russia.

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  There is a limited degree of good quality pigment production and Indian and Chinese sources are now penetrating the Russian paint pigment market with pigments of rising quality and steady price, which has made them attractive.

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  Appreciable volumes of titanium dioxide are imported from Ukrainian sources such as Sumykhimprom and GAK Titan but Kemira, Kronos and Du Pont are also major suppliers.

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  High-quality pure solvents are only manufactured by a handful of major chemical producers while mixed solvents are more widely available.

Terry Knowles, Business Manager at IRL and author of the report said “The outlook is good for the Russian paint market but only for as long as the Russian economy is stable. The dependence of the Russian economy upon the exportation of oil (and metal) is cause for concern and there is a need for these sectors to be diversified, which is potentially very good for the paint industry itself. Any collapse of the US dollar or a bursting of the oil- price bubble would be very unwelcome news. What is more, is that although the market potential is good, the industry will need much better indigenous material supplies and correspondingly better output if it is to withstand any entry of Russia into the World Trade Organisation. The threat of competition from outside will be too great if the industry fails to protect its own interests to a sufficient degree.”

A Profile of the Russian Paint Industry, 2nd Edition has the following contents:

1. 1.

   Introduction

2. 2.

   Executive summary.

3. 3.

   Background.

4. 4.

   The Russian paint industry.

5. 5.

   Russian paint production, trade and consumption.

6. 6.

   Russian paint market data (general overview, decorative coatings, general industrial coatings, industrial wood coatings, protective coatings, automotive OEM coatings, automotive refinishes, powder coatings and coil coatings).

7. 7.

   Statistics and performance indicators for end-user industries (general, construction and automotive).

8. 8.

   Market forecast and future of the Russian paint industry.

9. 9.

   Directory of Russian paintmakers.

A Profile of the Russian Paint Industry (94 pp. and 51 tables), which includes a completely-revised 11-page directory of paint companies in Russia, is now available from IRL priced €2,750 for a single hard copy edition.

Sections of the report, priced individually, will soon be available to purchase online at our web site: www.informationresearch.co.uk

For more information on this report, please contact Terry Knowles at: tknowles@brg.co.uk

Information Research (A Division of BRG UK Ltd), CP House, 97-107 Uxbridge Road, Ealing London W5 5TL United Kingdom. Tel: +44 (0) 20 8832 7830; Fax: +44 (0) 20 8566 4931; E-mail: irl@brg.co.uk; web site: www.informationresearch.co.uk