Turkey, Iran and
India: the three growing markets in terms of color industry:
Pigments, paintsand other chemicals have huge demand in developing countries like in Middle
East due to a number of projects, it requires a lot of chemicals, and so is the
maintenance factor which requires different color related chemicals. So if we
put the statement like the demand of color related chemicals is only dominant
in developing countries than it would rather be unjust to put it in this way,
however it can be said that most dominant countries are developing ones where
the potential to grow and consume the coloring paint pigments are quite high.
Most of the emerging
markets in terms of paint, pigments and other color related chemicals include Iran,
India and turkey. Perhaps one of the cheapest chemicals can be purchased from china,
but Iran, India and turkey has a huge pool of buyers and suppliers. They are
approaching each other, thanks to the internet and eCommerce which has made the
world a boundary less environment. Color paint pigments supplier of any of these countries are fully aware of the
fact that Chinese manufacturer do have a visible difference and edge over the
rest of the market in terms of price and even quality as well but the issues
related to market development are different.
The chemical
manufacturer have made the outskirt of Istanbul, Tehran, Ahmadabad, as there
hub in respective countries. Now what they are looking is to differentiate
their products not only from each other but also from their lethal competitor i.e.
Chinese manufacturers. only time will tell that whether they will survive that
patch and keep their positions intact or they will lose their market share and existence.
