Inorganic coatings market usher in new opportunities

In the current post-epidemic period, all major industries have gradually entered a recovery period, showing a trend of growth and development, and many new infrastructure projects have been gradually carried out, thus driving the rapid development of the coatings market.

On the other hand, under the background that the epidemic has caused changes in the population structure, which has led to a reduction in labor supply and increasing pressure on resources and the environment, coating companies should focus more on eliminating outdated production capacity, energy saving and emission reduction, and developing environmentally friendly, high-end products. Type, high-functionality products are coming, and inorganic coatings have become the mainstream trend in the coatings industry because of their environmental protection, health and excellent functionality.

01The rise of the prefabricated construction market accelerates the reshuffle of the coating industry

The in-depth research report on the prefabricated decoration industry pointed out that it is estimated that the scale of the prefabricated decoration market will reach 632.7 billion yuan in 2025, with an annual compound growth rate of 38.26%. The demand for prefabricated decoration in affordable housing, long-term rental apartments, leased houses, hotels, etc., has increased steadily, and the continued increase in the proportion of finished residential houses will bring great potential, which will give rise to a huge market space for prefabricated decoration in the future.

Prefabricated construction refers to the transfer of a large amount of on-site work in the traditional construction method to the factory, where the building components and accessories (such as floor slabs, wall panels, stairs, balconies, etc.) are processed in the factory, and then transported to the construction site. Reliable connection method is assembled and installed on site.

In 2020, the Ministry of Housing and Urban-Rural Development issued the "Guiding Opinions on Promoting the Reduction of Construction Waste" and again clarified that vigorously develop prefabricated buildings, actively promote steel structure prefabricated houses, and implement a construction model of factory prefabrication, assembly construction, and information management The new construction method, a series of rigid policy indicators from the state to the local, force the promotion of assembly-type development to achieve remarkable results.

According to statistics from the Ministry of Housing and Urban-Rural Development, the newly-started prefabricated decoration construction area in 2018 was 6.99 million square meters, accounting for 5.77% of the newly-started fully-furnished construction area; the newly started area in 2019 was 45.29 million square meters, an increase of 547.93% year-on-year, accounting for It was 18.97%. Although it started late, it is already on the track of rapid growth.

For coatings companies, there will be great changes in the future, whether in terms of corporate brand influence or production and R&D direction, and even a "big reshuffle" of the coatings industry.

02 The country attaches great importance to the renovation of rural dilapidated houses, and inorganic coatings are "just right"!

Recently, the Ministry of Finance and the Ministry of Housing and Urban-Rural Development jointly issued the "Notice on Issuing the Budget for the Reconstruction of Dilapidated Houses from the Central Government in 2020." The "Notice" shows that the total amount of subsidy funds in 29 provinces is 18.45 billion yuan.

The "Notice" requires all provinces (autonomous regions and municipalities) to comprehensively consider the actual needs of the counties, construction and management capabilities, local financial resources, work performance and other factors, reasonably allocate subsidy funds, guide the counties to implement detailed measures, step up project implementation, and ensure poverty alleviation The task of refining the housing safety and finishing work will be completed by the end of June 2020. This year, the newly added files will be completed for the renovation of the dilapidated houses of the poor households by the end of 2020, and the renovation of the other three types of key objects will be completed by the end of June 2021. .

It is necessary to innovate transformation methods and subsidy policies, promote appropriate transformation methods and technologies according to local conditions, build rural collective public rental houses, use idle farm houses and collective public housing replacement, etc., to strive to achieve policy support and effectively guarantee the basic housing safety of extremely poor farmers.

As early as 2016, the Ministry of Housing and Urban-Rural Development has issued the “Guiding Opinions of the Ministry of Housing and Urban-Rural Development, Ministry of Finance, and the State Council’s Poverty Alleviation Office on Strengthening the Renovation of Key Objects such as Poverty Households with Documents and Cards”. Guarantee and basically complete the mission objectives of the renovation of the existing dilapidated buildings, and put forward opinions on strengthening the renovation of the four key objects of dilapidated buildings.

The "Opinions" require ensuring that 5.85 million households with 4 types of key objects of dilapidated houses are successfully completed before 2020. It is recommended to develop and promote low-cost farm house construction technology. All localities should study and promote modern rammed-earth farm houses and other low-cost, functional, safe, and green farm house construction technologies, strengthen the research on the use of local traditional building materials, inherit and improve traditional construction methods, and explore building houses that meet the standards with local materials Technical scheme, saving renovation funds and improving residential functions.

This year is the closing year for my country to build a moderately prosperous society in an all-round way. It is the end of the 13th Five-Year Plan. my country’s fight against poverty has entered a critical period. The government attaches great importance to rural reconstruction, especially dilapidated houses. At the same time, rural dilapidated houses are renovated. The huge demand for coatings created will bring unlimited opportunities to coating companies!

Under the influence of the new crown epidemic, most domestic companies are unable to move forward, and the coatings market has also been hit hard. However, green and environmental protection are the objective requirements of the society and the people for modern coatings. In the future, with the continuous and rapid growth of China's economy, the massive construction of infrastructure, and the gradual increase of people's environmental awareness, under the support of national policies and the huge expectations of consumers, inorganic coating companies should grasp the good trend and move towards a healthy and environmentally friendly road. Coating manufacturers headed by Mulanqing will also accelerate the transformation and development of environmentally friendly products such as inorganic coatings to help every Chinese stay safely and create a healthy, fresh and safe home environment.