2020 China powder coating industry statistics preliminary report released, thermoset powder coating sales increased by 10.4% over the previous year

On May 14, the professional committee of coating and painting of the Chinese Chemical Society held a meeting to announce the statistical results of the powder coating industry in 2020.

According to the industry statistics results released by Coating and Painting Professional Committee of China Chemical Society, it shows that.

The sales volume of polyester resin for powder coating of representative enterprises in China in 2020 increased by 12.3% year-on-year, the sales revenue decreased by 6.3% year-on-year, and the average price of polyester resin decreased by about 1871 CNY/ton year-on-year.

The sales volume of epoxy resin for powder coating of representative enterprises in China in 2020 will increase by 6.6% year-on-year, the sales revenue will increase by 3% year-on-year, and the average price of epoxy resin will decrease by about RMB 505/ton year-on-year.

The sales volume of TGIC curing agent for powder coating of representative enterprises in China in 2020 will increase by 11.8% year-on-year, the sales revenue will increase by 22.4%, and the average price of TGIC curing agent will increase by about RMB3,533/ton year-on-year.

In 2020, the sales volume of HAA curing agent for powder coatings of representative enterprises in China will increase by 30.7% year-on-year, the sales revenue will increase by 27.4% year-on-year, and the average price of HAA curing agent will decrease by about RMB 493/ton year-on-year.

In 2020, the sales volume of additives for powder coatings of representative enterprises in China will increase by 9.2%, sales revenue will increase by 4.3%, and the average price will decrease by about RMB 1,332/ton.

In 2020, the sales volume of powder coating for representative enterprises in China will increase by 8.3% year-on-year, sales revenue will increase by 6.2% year-on-year, and the average price of powder coating will decrease by about RMB231/ton year-on-year.

According to the sales of polyester resin, epoxy resin, additives, curing agent, NPG, etc. and the development of downstream industries, a comprehensive analysis, in 2020 China's thermosetting powder coating sales of about 2.12 million tons, an increase of 10.4% over the previous year.