Industry Analysis & Industry Trends
Strong performance in downstream industries has fueled 8.9% annualized growth in the Paint Manufacturing industry in China over the five years through 2016. In 2016, industry revenue is set to grow 2.8% to reach $70.5 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 2016, export values grew 3.5% per year on average, and import values grew at an annualized rate of 7.6%.... 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.
Architectural paints and coatings
The architectural coating 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. Thi.. purchase to read more