Industry Analysis & Industry Trends
Strong performance in downstream industries has fueled 13.8% annualized growth in the Paint Manufacturing industry in China over the five years through 2013. In 2013, industry revenue is set to grow 12.9% to reach $53.1 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 2013, export values fell 2.6% per year on average, and import values fell at an annualized rate of 1.9%.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Paint Manufacturing industry in China is currently in the growth phase of its life cycle. From 2008 to 2018 industry value-added is expected to grow 10.9% annually, higher than the annualized GDP growth rate of 8% during the same period.
In the past three years, many new laws and regulations relating to this industry were issued by the government. At the same time, people's awareness of environmental protection is increasing. These factors have led to increased technological innovation and new products.
Architectural coatings (especially decorative coatings) with advanced characteristics and new colors have been continuously introduced to the market. New, advanced paint and coating products are able to attract higher final prices and can be more profitable... purchase to read more