Analysis of the development trend of the coating industry1

According to the data provided by the China National Coatings Industry Association, in the first half of 2014, the total output of coatings in China was 7.7116 million tons, a year-on-year increase of 10.3%; the main business income increased by 13.2% year-on-year; the total profit increased by 25.7% year-on-year; the main economic indicators are higher than the industry Average. Industry insiders pointed out that the large increase in the profit of the coating industry was mainly due to the decline in the prices of bulk raw materials. From the perspective of subdivided application fields, the operating conditions of civil coatings are better than that of industrial coatings. The original pattern of low profits for civil coatings and high profits for industrial coatings is changing, and the two are gradually converging. According to industry experts, with the accelerated pace of urbanization in China, some natural villages are disappearing, and the demand for coatings for new buildings not only increases rapidly for architectural coatings, but also for home appliances and furniture. In addition, the market demand for interior and exterior wall repainting has a lot of room for growth. In sharp contrast, the growth in demand for industrial coatings has slowed due to the slowdown in domestic industrial investment growth. Therefore, civilian coatings will become an important engine driving the growth of the industry. To sum up, the pattern of high profits for industrial coatings and low profits for civilian coatings is changing. Since the growth rate of demand for civilian coatings has been higher than that of industrial coatings, the“close to the people”The route is becoming an important direction for the structural adjustment of the coatings industry. At the same time, green products such as water-based coatings, high-curing coatings, water-based UV-curable coatings and powder coatings will be an important direction for future development. Article source: (Hong Kong) Co., Ltd.