An emerging market place for paint & coating industry
About The Show
Paint & Coating Expo Bangladesh 2021
November 18-20, 2021; from 11:00 AM – 7:00 PM
International Convention City Bashundhara (ICCB) Dhaka, Bangladesh
Know-How of The Exhibition
The paint and coating industry of Bangladesh is rapidly growing due to the increasing demand of the construction sector. Manufacturing in the binuclear paint industry of Bangladesh mainly takes place in megacities like Dhaka and Chattogram. This industry has virtually doubled in size over the last 10 years. A study on the industry states that approximate market size based on demand is estimated at USD 4.35 Billion (approx.).
In Bangladesh, the annual consumption of paints currently stands at about 180,000 tones. The sector recorded an over 6 percent year-on-year growth in recent times due to the rapid urbanisation in a country of around 167.8 million people. The experts and real estate sector leaders believe local and foreign investments have enabled the paint industry to achieve an annual growth of around 7-8 percent on average.
Paint is not a luxurious item, rather it’s a necessary item. The paint Industry is playing an important role in the infrastructure development of the country by ensuring protection to fixed assets. The protection enabled by the paint coatings contributes to the longevity of the structure, resulting in GDP growth of the country. The environmental protection paint is the most in demand recently. With the progress in formulation and technology, there are more and more investments in the ﬁeld of non-hazardous chemical materials.