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 Key Buyers Chapter
The Paint Manufacturing industry in China has a low industry concentration level. This is due to the large number of small and medium-sized enterprises operating in the industry. The top four firms account for about 12.9% of industry revenue in 2015.
There are many manufacturers that operate on a small scale and are privately owned. The majority of these lack substantial capital, technology and employees, and only produce a small range of products.
ACMR-IBISWorld anticipates that the industry concentration level will increase at a slow rate in the future. This will be due to increased merger activity and smaller firms exiting the industry... purchase to read more