Development Trend and Prospect of Decorative Architectural Coatings in China

Under the planned economy, the paint industry belongs to the chemical sector and there are 115 paint manufacturers. In addition to the basic autonomous region, there are paint factories all over the country, of which Jiangsu Province is the largest, followed by Guangdong Province, Hubei Province, Heilongjiang Province and Hunan Province. In Shanxi and Shanxi provinces, there are only one coating company in Xinjiang, Ningxia, Qinghai, and Hainan.

Among these paint manufacturers, the major types of production are industrial coatings and special coatings, accounting for about 75% of the total. Architectural coatings, especially waterborne coatings, contain relatively small proportions of latex paint production, including all types of resins. After entering the market economy, the state-owned paint factory (industry enterprises) has unified the pattern of China's paint market, especially the technology, equipment, capital and marketing as one of the wholly-owned, joint-venture foreign large-scale paint companies into the Chinese market, to China The construction coating market has caused a series of shock waves. The architectural coating market has formed a state-of-the-art paint factory, building materials industry enterprises and township enterprises, and joint venture (or wholly-owned) companies. There are thousands of architectural paint production plants in China, mainly distributed in Beijing, Tianjin, Shandong, Jiangsu, Shanghai, Zhejiang, Fujian, and Guangdong provinces, accounting for about 60%. There are less than 3% of large-scale enterprises that can achieve an annual output of more than 5,000 tons, while large-scale enterprises with an annual output of more than 5,000 tons are mostly distributed in the coastal areas. Since 1990, about 16 foreign-invested companies have established wholly-owned or joint-venture construction coating factories in China, and the scale of production has reached 20,000-50,000 tons/year. The data shows that in China, according to the distribution of paint production and application level, it is more appropriate to divide into three zones, that is, the best development of paint is the first zone in East China and South Central; the output distribution is not yet balanced, showing the South North light situation. It can be seen from this that the quality and speed of the paint industry are inseparable from the economic development.

According to statistics, the annual growth rate of the Chinese decorative paint market is about 10%, the total market value is about 1.3 billion euros, and the per capita annual consumption is less than 1 liter. In Europe, the annual market value is about 11 billion euros, and the per capita annual consumption is 10 liters. In the United States, the annual market value reaches 5.8 billion euros, and the annual per capita consumption amounted to 11 liters, indicating that the Chinese decorative paint market exists. A huge space for development.

On the other hand, this cake has also been made bigger and bigger by several factors: China's GDP has increased by an average of 9.5% per year, and people's living standards have greatly improved; the construction industry has continued to develop, and industry data shows that the Chinese construction industry has grown by 7% annually, including East China. And the growth rates of major cities have reached 15% to 20%; the housing industry has grown rapidly; housing owners have increased by 30% annually; 59% of Chinese urban residents own their own properties; The transition to the use of decorative paints, along with the refurbishment of young people and urban family homes, has increased the demand for decorative paint.

The scale of the Chinese decorative paint market will grow at a rate of 10% per year. In the next decade, the scale of the European decorative paint market will decrease by 1% per year, while the US market will remain stable. Therefore, the Chinese decorative paint market will overtake Europe in 10 years, and then catch up with the United States for some time to become the world's largest decorative paint market. The future development trend of the Chinese decorative paint market will not be able to maintain a fragmented situation for a long time. Mergers and integration are the inevitable direction. The final result may be similar to the Indian decorative paint market, that is, large-scale manufacturers compete in an orderly market and small local manufacturers. Then compete in another more chaotic field.

Development trends and prospects of decorative architectural coatings in China The development trend of the decorative coatings industry The rapid development of the national economy requires the matching of high-quality coatings with special properties. The application fields of special coatings have been continuously explored, and various surface facilities such as structural facilities, instrumentation, and high-precision products have imposed higher requirements on surface coating. Aerospace coatings, aerospace coatings, stealth coatings, anti-corrosion coatings, anti-fouling coatings, high-temperature coatings, fire-retardant coatings, temperature-sensitive coatings, and nuclear-electric coatings all show significant abilities. Related companies have accumulated certain experience in production and application.