Industry Analysis & Industry Trends
Strong performance in downstream industries has fueled 9.6% annualized growth in the Paint Manufacturing industry in China over the five years through 2015. In 2015, industry revenue is set to grow 6% to reach $63 billion. Offsetting strengthened macro-controls on China's real estate market is increasing demand from the construction of indemnificatory and low-rent houses and old house renovation.
Weakening international markets due to the European debt crisis and the appreciation of the yuan have led to a slowdown in exports and imports. Over the five years through 2015, export values grew 7.4% per year on average, and import values fell at an annualized rate of 2.4%.... purchase to read more
Industry Report - Industry Locations Chapter
The industry is dominant in the coastal regions of China due to the historical development of the industry, and access to raw materials, workers, domestic downstream markets and foreign markets. Industry activity is concentrated in Guangdong province, Jiangsu province and Shanghai, which jointly account for an estimated 52.2% of industry revenue in 2015.
Jiangsu province is expected to generate the largest proportion of industry revenue with 26.7% of the total in 2015. The share of its employment in the industry is 18.6%, with 18.2% of enterprises. The manufacturing industries in Jiangsu province have developed quickly, including the upstream industries of the Paint Manufacturing industry, such as paint manufacturing equipment... purchase to read more