FOR IMMEDIATERELEASE
[Springfield, MO,November 2019]—ArmorThane®, a leader in the protective coatings andfoam industry is excited to announce a new joint venture with BangkokIntegrated Trading (BIT) which is owned and operated by Somchai Punyapongpaetof Bangkok, Thailand. MrPunyapongpaet has more than 40 years experience in thespray foam industry and ArmorThane that recently celebrated 30 years ofbusiness in the polyurea coating industry making this alliance a perfect fit.
BITspecializes in spray polyurethane foam (SPF) whereasArmorThane has been aconsistent leader in the polyurea protective coatings and linings industry forover three decades.
BIThas established itself as a leader in the spray foam industry by developingquality products and solutions for original equipment manufacturers and sprayfoam contractors in the ASEAN (Association of Southeast Asian Nations)territory. By combining the expertise of the two companies, we forecast thenext few years to be an upward trajectory. Especially considering, recentreporting shows the Polyurea market itself to be over 1.5 billion for the nextyear and continue on at a CTGR (compound annual growth rate) of over 15%.
Polyurethanefoam itself is expected to reach over 2 billion in the coming year with a CAGRover 5%.
ArmorThaneis a multinational world leader in the spray coatings market. If you areinterested in learning more or potentially becoming an ArmorThane applicator.
GiveArmorThane a call at 1-800-227-2905 or visit http://armorthane.com/ formore information.
Contact: TroyBacon, ArmorThane USA Inc.
Phone:417-848-2255
Email:tbacon@armorthane.com
