Paint production 17.5979 million tons! 2018 China paint industry data release

On March 27, 2019, "2019 China Coatings Conference" with the theme of "innovation driven green development" was successfully held in Puyang, Henan Province. At the meeting, Liu Jie, Deputy Secretary General of China Coating Industry Association, delivered a keynote speech on "analysis of economic operation and future trend of China coating industry in 2018", and released a series of key data on economic operation of China coating industry in 2018. Liu Jie, Deputy Secretary General of China Coating Industry Association 2018, China's coating and pigment industry has experienced a year of extremely severe test in history. The requirements of environmental protection laws and regulations are more and more strict, which strictly regulate the production and operation behavior of enterprises, the investment in environmental protection facilities and safety production continues to grow, and the upstream raw materials prices rise rapidly, which further increases the survival pressure of coating enterprises.

In this year, more and more enterprises realized that promoting transformation by environmental protection and seeking development by green is the only way for enterprises in the future, and the whole industry has greatly accelerated the pace of transformation and upgrading. Liu Jie first introduced the characteristics of China's economic development in 2018. In 2018, the gross domestic product was 90030.9 billion yuan, ranking second in the world, achieving the expected growth goal; the contribution rate of final consumption expenditure to economic growth was 76.2%, keeping above 50% for three consecutive years; the added value of the three industries accounted for 7.2%, 40.7% and 52.2% respectively, and the economic structure continued to be optimized. The added value of strategic emerging industries and high-tech industries increased by 8.9% and 11.7% respectively. From the perspective of the development situation of the upstream and downstream major industries of coatings in 2018. Real estate industry: in 2018, the national real estate development investment increased by 9.5% over the previous year; the residential investment increased by 13.4%, accounting for 70.8% of the real estate development investment; the housing reform and critical reform projects are in continuous progress.

Furniture industry: the annual main business income reached 70.19 billion yuan, an increase of 4.3% over 2017; the annual total profit reached 42.59 billion yuan, an increase of 4.3% over 2017. Automobile industry: the production and sales volume decreased by 4.2% and 2.8% respectively compared with the same period of last year; the production and sales volume of passenger vehicles was lower than the industry as a whole, down by 5.2% and 4.1% respectively; the growth rate of commercial vehicles fell, and the production and sales volume of freight cars increased by 2.9% and 6.9% respectively, especially for heavy trucks, which reached a record high. Petrochemical Industry: the main revenue increased by 8.6% year-on-year, and the total profit increased by 16.3%; the total output of chemicals increased by 2.3%, which was one of the low growth rates in history, and the demand growth of chemicals market was generally weak; the annual growth rate of investment in chemical raw materials and chemical products manufacturing industry was only 6.0%, lower than the national average growth rate. From the perspective of the economic operation of the national coating industry in 2018. In 2018, the output of 1336 Enterprises above the designated size in China's paint industry reached 17.5979 million tons, an increase of 5.9% year-on-year (the 2017 paint output data was revised to 16.618 million tons). In 2018, in terms of main business income, the total amount of Industrial Enterprises above Designated Size in 1998 reached 326.81 billion yuan, a year-on-year increase of 6.5%, realizing a total profit of 23.648 billion yuan, a year-on-year increase of 5.1%. Among them, the loss amount of loss making enterprises increased by 27.4% year on year, and the growth rate decreased by 17.7 percentage points.

Accounts receivable of industrial enterprises increased by 6.3% year on year, reaching more than 60.7 billion yuan, accounting for 18% of the main business income of the whole industry. The total amount of interest expenditure was 1.869 billion yuan, an increase of 35.4% over the same period last year, and an increase of 47.6 percentage points, indicating that the difficulty of financing for enterprises in the industry increased rapidly this year. From the perspective of coating production, the production in March 2018 was lower than that in the same period, with a growth rate of - 5.0%. From April to December, the cumulative growth rate of production is also gradually increasing. In the second, third and fourth quarters, the supply and demand of China's coating industry and downstream industries are stable, and the growth rate of production is relatively reasonable. July and August are the most concentrated periods of coating construction, with the growth rate reaching 10.8%. From the perspective of the main business income and profit of the enterprise, from September to October, the enterprise generally feels the pressure of operation. The government decisively issued the policy of stabilizing growth and interviewed key enterprises, which played an important role in stabilizing growth in the fourth quarter.

As the industry faced greater operating pressure in the second half of the year, enterprises generally reduced their expenditure to ensure profits, ensuring the final annual growth rate of 5.1%. In 2018, there were 1906 Enterprises above Designated Size in the national coating industry, ranking the top 100, with the total revenue of main business of 159.998 billion yuan, accounting for 48.91% of the industry. The "100 index" enterprises selected according to the revenue sequence of main business in 2018 accounted for 61% of the total output in 2018, 43% of the total revenue of main business (converted by coating business); the growth rate of output decreased from 14% to 3%; the average growth rate of main business revenue was 1.5%; the profit decreased by 23% in 2017 and 3% in 2018. In 2018, the growth rate of main business of nearly 20% of the 100 enterprises was over 20%, and that of nearly 40% of the enterprises was 0-20%. The main business income of nearly 40% of the enterprises declined. In 2018, among 100 enterprises, the annual output of building decoration coating is 4.3777 million tons, the annual output of industrial coating is 3.9176 million tons; the main business income of building decoration coating is 38.668 billion yuan, and the main business income of industrial coating is 7.038 billion yuan.

The output of industrial coatings is lower than that of architectural decorative coatings, but the main business income is much higher than that of architectural decorative coatings. The main business income of industrial coatings increased simultaneously with the production. Although the production of building decoration coatings increased, the main business income decreased. From the perspective of titanium dioxide, the development of raw material industry in inorganic industry. In 2018, the total capacity of titanium dioxide in China was 3.4 million tons, the actual output was 2.9543 million tons, an increase of 84800 tons, or 2.95%. In 2018, the import volume of titanium dioxide nationwide was 209200 tons, a year-on-year decrease of 2.70%; the export volume of titanium dioxide nationwide was 908300 tons, a year-on-year increase of 9.30%. In 2018, the apparent consumption of titanium dioxide in China was 2255000 tons, the same as that in 2017. Liu Jie pointed out that in 2018, the economy of China's coating industry was slow, moderate and stable, with some changes in stability, while changing, maintaining and optimizing.