Industry Analysis & Industry Trends
Development of the Paint and Coating Manufacturing industry in China is expected to be influenced by the Automobile Manufacturing and Real Estate industries in 2011. The government will implement even stricter macro-control policy to the real estate market and the construction of indemnificatory housing and low-rent housing will speed up. The acceleration of urbanization will also drive development of the real estate markets in middle and small-size cities, thus increasing demand for paint and coating. The continual development of automobile manufacturing will also stimulate the industry.
Industry revenue is expected to increase by 12.4% to $40.3 billion in 2011. This growth is slower than that of previous years, particularly the 32.1% growth of 2006.... purchase to read more
Industry Report - Industry Products Chapter
There are two major product categories in this industry: architectural coatings and general industrial coatings. General industrial coatings can be divided into five segments: Marine and heavy-duty anti-corrosion coatings, automobile coatings, machine coatings, furniture coatings and transportation coatings.
The Architectural coatings segment has always accounted for the largest share of industry revenue. However, since 2006, the market share structure has changed dramatically. Architectural coatings accounted for 53.6% of the total industry in 2005, before dropping to 30.1% in 2008. This was largely due to a dramatic increase in demand for industrial coatings, particularly from the Ship Manufacturing industry and the Automobile Manufacturing industry... purchase to read more