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Analysis on the trend of domestic paint market

ECHEMI 2019-12-02

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Industry change, the general trend. The way of exchanging economic benefits at the expense of the environment is only a dead end at present when environmental protection issues are highly valued. Using new technologies such as Internet, big data and artificial intelligence to promote the intelligent and clean transformation of traditional industries; speeding up the development of clean technology, improving the level of clean energy utilization, and developing clean energy; advocating simple, moderate, green and low-carbon lifestyle, and promoting the formation of a virtuous circular economy with expanding domestic demand and improving ecological environment to win survival and achieve sustainable development Coatingol.com. Coating related market analysis of real estate industry: last year, the national real estate development investment was 12026.4 billion yuan, an increase of 9.5% over the previous year. In December, the real estate development prosperity index was 101.85, and the industry market was still good. Building coatings closely related to real estate are the fastest water-based replacement of all kinds of coatings. At present, about 80% of building coatings in China use water-based emulsion paint. Automobile industry: in the whole year of last year, the year-on-year decline of China's automobile production and sales is still significant.

Production and sales volume decreased by 18.4% and 13% respectively year on year. Benefiting from the rapid development of the automobile industry in the past 10 years, China's automobile paint market is one of the fastest-growing subdivision varieties in the paint industry market, with the consumption only second to that of the construction paint, and also the paint with the highest performance requirements. With the continuous increase of domestic car ownership, there is still a large market space for domestic car coatings. It is expected that the repair coating will usher in a new leap after 4-5 years of automobile sales boom. Shipbuilding Industry: in the whole year of last year, the completion volume of shipbuilding decreased from last month. However, the volume of new orders has increased significantly compared with last month, which will directly drive the market demand of industrial coatings such as marine coatings after the Spring Festival. Last year, China's shipbuilding industry completed 3458 deadweight tons, down 14% year-on-year; new ship orders, 36.67 million deadweight tons, up 8.7% year-on-year; hand-held ship orders, 89.31 million deadweight tons, up 1.1% year-on-year. With the U.S. increasing tariffs on China, the export of automobile, furniture, toys and other industries dropped sharply, indirectly affecting the paint production.

It can be seen that the coating industry is highly dependent on the downstream application market. According to the requirements of the 13th five year plan for the prevention and control of VOC pollution, "oil to water" will become the general trend of paint industry in the next few years. In 2020, on the whole, coating products will develop towards water-based, powdered and highly solid differentiation, and environmental protection coatings such as water-based materials and activated carbon wall materials will be the first choice. At present, the global coating enterprises are still relatively scattered. With the intensified competition in the coating industry, mergers and acquisitions integration and capital operation are increasingly frequent. The world's top enterprises continue to devour small enterprises, and large-scale M & A is also taking place among major large enterprises. The market pattern is constantly changing. In the next few years, M & A integration will still be the main trend of the development and expansion of coating industry enterprises.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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