5 thoughts on “What is the future development prospects of the coating industry?”

  1. In recent years, the coating industry has not only become increasingly competitive, but also has been affected by many environmental inspections. In the face of such an environment, how to survive has become a major thing for coatings companies. The future development of the coating industry will definitely be on the road of green environmental protection.
    A paint, as a type of modern multifunctional engineering material, is an important material in the chemical industry. According to the classification of modern chemical products, coatings are fine chemical products, and their purposes are very wide. With the rapid growth of coating output and output value, the coating industry is facing huge challenges. How to cope with the intense competition environment has become the key to the survival of enterprises.
    Although China is already the world’s largest coating producer, its coating industry starts late, and the top ten coating manufacturers in the world are still concentrated in North America, Europe and Japan. Data show that in the early days of reform and opening up, the annual output of my country’s coatings was about 50,000 tons, ranking eighth in the world. By 2009, my country’s coatings overcome the adverse effects of the global financial crisis since 2008. The total output reached 7.554 million tons, and it ranked first in the world for the first time.

    The process of industrialization and urbanization of China provides opportunities for the rapid development of industrial coatings and architectural coatings. The technical level of the coating industry has improved rapidly, the varieties of coatings are also increasingly rich and perfect, and the production and sales of coatings also have the production and sales of coatings. Greatly improved. The sales of Chinese paint and coatings increased from 11.3 million tons in 2010 to 17.9 million tons in 2016, with a compound annual growth rate of 7.9%. It is expected to reach 22.3 million tons from 2021, showing that the compound annual growth from 2017 to 2021 The rate is 4.4%.
    The market capacity in China’s coating industry is broad, and the strong demand for downstream will maintain the growth momentum of the coating industry. In 2010, the sales value of the coating market was 223.6 billion yuan. By 2016, this number increased to 432.7 billion yuan, with a compound annual growth rate of 11.6%. The growth rate was 5.7%.
    At present, China’s coatings have uneven development and can be self -sufficient in architectural coatings and furniture coatings, but high -end car paint and ship coatings have basically relying on imports. The competition between technology backward and low -end products has led to poor profitability in the coating industry. In recent years, the sales profit margin in recent years is only 5%to 7%.
    The coating industry is developing in the direction of environmental protection, economy, and high performance. Therefore, the coating market in the next few years still has a lot of room for development, and its investment prospects are broad.

  2. 1. Powder coatings or market general trend

    The global requirements for environmental protection trends are a major driving force for pink paint development. Because manufacturers are looking for ways to reduce product VOC, pink powder in certain fields is therefore. Coatings naturally replaced liquid coatings. The VOC content of powder coatings is low and easy to remove. The coating that is sprayed can be recycled and reuse. After construction, the coating film basically does not produce pinholes. It is usually easier to construct than liquid coatings, and the coating film has good durability. Environmental protection and technological advantages are the key to powder coatings replacing liquid coatings.
    2, the development of water -based wood paint into industry development trends

    The furniture in many water -based wood paint, especially plate furniture, is still using formaldehyde during production, as well as non -environmentally friendly paint paint paint paint paint paint With the strengthening of consumers’ awareness of health and green consumption, the upgrading of furniture products has become the trend. Developing formaldehyde -free and rigorous environmental protection furniture will become a mainstream trend in the development of the industry.

    With the advancement of the times, after the long -term education and guidance of consumers, consumers’ environmental protection home improvement, and the increasing awareness of healthy homes. Growth, water -based wood paint is upgraded as an oily wood paint, which has achieved environmental protection technically. The huge gap between market supply and demand has begun to attract some powerful manufacturers to get involved in it. From the perspective of the development trend of the coating market, water -based wood paint will become an important trend of furniture painting and home improvement.
    3. House consumption is very low in the market market prospects in the industry

    The consumption level of Chinese per capita furniture is still relatively low. According to statistics, US per capita consumer furniture per capita is $ 236, Germans have 371 US dollars per annual consumer furniture, and the average of US $ 255 of the Japanese consumer furniture, while my country is about $ 12, and only 5%of developed countries such as Europe and the United States are less than 5%. In particular, the share of the second- and third -tier markets and the majority of rural market furniture is lower. The Chinese really buy a complete set of furniture and the sofa less than 400 million, only more than 30 million, which shows that there are still 2/3 people who have not used our modern furniture, which brings to the further development of the furniture industry. The huge opportunity also makes the coating industry a huge prospect.

  3. With the release and implementation of the national top ten industries, the strong pull of the property market, the home appliances to the countryside, and the rural policy of the countryside, the production and consumption of building coatings, anticorrosive coatings, and car paint have been greatly rebounded. Refer to the “Analysis Report on the Planning and Investment Strategic Planning Planning of the Chinese Coating Industry Market Demand Forecast and Investment Strategic Planning” shows that in 2015, the domestic coating output reached 17.1757 million tons, an increase of 4.2%year -on -year, and the total sales reached 386.757 billion yuan, an increase of 7.1%, which is the domestic coating industry for more than 10 years in the domestic coating industry for more than 10 years. The second period of low -speed growth.
    In the glory and opportunities, the merger of the coating company has also begun to enter the situation where you sing, and there is a trend of more and more. The country’s pressure on chemical production and environmental protection, and the mergers and acquisitions between coatings will intensify in the future.

  4. In the future, the demand for new materials for anti -bacterial coatings will be increased in the market. The coatings should practice with the hard skills of “source, cost reduction, increased efficiency, and hedging” under the influence of the epidemic situation. Kung Fu can come in handy in the market competition in 2021 and the unfavorable situation of the economic environment.

  5. At present, the domestic coating industry is constantly developing. Although competition is still fierce, it does not prevent the coating market expand and consumers’ attention. There have been market forecast analysis: In 2020, the coating industry is not only restricted by the price of raw materials, but also is too dependent on it. It always needs to chase hotspots such as real estate, furniture, industry and other industries. Once the industrial market attached to the decline, it will also fluctuate.
    The people now pay more and more attention to health. Safety and health have become the most concerned about life issues that people pay attention to. In order to truly develop the “low -carbon” storm, coatings companies have developed real green environmentally friendly and healthy coatings. Products, and develop their own markets in a certain field, quickly seize market share.
    In the rapid response and obvious advantages in this “health war” must mention Happiness 99 Environmental Protection Technology Co., Ltd.. Negative oxygen ion technology has developed a concentration of more than 10 years of release to the maximum guarantee of consumers to the greatest extent.

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