Recently, "Coating World", one of the most authoritative magazines in the global coatings industry, announced the "2012 Top Coatings Companies in the World", and four Chinese companies from Jiabaoli, Shanghai Coatings, Taiwan Yongji Lacquer and Dabao Chemical entered List.
In the past ten years, the rapid development of real estate has driven the development of upstream and downstream industries, especially the building materials industry, and it has experienced a “golden decadeâ€. Due to the strong demand for architectural coatings, both furniture coatings and industrial coatings have achieved substantial development, which has led to the development of the entire coatings industry in China.
According to the “2012-2016 China Coatings Industry Production and Sales Demand and Investment Forecast Analysis Report†released by Prospective Industry Research Institute, in 2011, the total output of China's coatings reached 10.795 million tons, an increase of 16.44% year-on-year, and the total output value was 272.976 billion yuan, a year-on-year increase of 25.6. %. In 2011, global coatings sales reached 106.7 billion US dollars, and China's coatings sales have exceeded one-third of global coatings, making it a veritable coating country.
China's coating production and growth rate (unit: 10,000 tons,%)
Source: Prospective Industry Research Institute “2012-2016 China Coatings Industry Production and Sales Demand and Investment Forecast Analysis Reportâ€
The Chinese coatings market is highly competitive. Private enterprises and foreign-funded enterprises have strong competitive strength and occupy a large market share. In 2010, the proportion of private enterprises accounted for more than 50% of the total number of enterprises in the coatings industry. The sales revenue of private enterprises accounted for 38.21% of the sales revenue of the industry, which was 4.05 percentage points higher than that of 2009. The sales revenue of foreign-funded enterprises accounted for 41.04 of the sales revenue of the industry. %, a decrease of 1.50 percentage points from 2009. With the development of China's coatings industry, many multinational companies have invested in China, such as Akzo Nobel, PPG Industries, DuPont, Sherwin-Williams, BASF, etc., making the competition in the Chinese coatings market more intense. .
Prospective Industry Research Institute Coatings Industry Research Group believes that the construction of the northwest and the development of heavy industry in Northeast China will drive the development of housing construction and supporting projects, thus driving the development of the entire coatings industry. The demand trend of domestic coatings is still strong, there is great room for development, and the central and western regions will become the consumption center of coatings. It is estimated that coating production will maintain an annual growth rate of more than 10%, and coating production is expected to reach 22 million tons by 2015.
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