2017 paint new production line blowout water-based paint into the market darling.

In 2016, the pressure of coatings is huge, but the output is new high
In recent years, with the rapid development of real estate and other related industries, China's demand for
coatings
shows rapid growth, has now become the world's largest market, there are more than 20,000 large and small
coating enterprises
, of which, as of the end of 2016 the national scale of more than 2,100 paint manufacturers. Although China's paint enterprises in 2016 face "the most stringent real estate control policy", "supply-side reform", "rising raw material costs", "environmental protection policy plus code" and other pressures, a large number of small and medium-sized enterprises closed down in bulk, according to statistics in 2016 to eliminate the closure of paint enterprises and projects up to thousands, including Zhejiang Province, The phase-out of closed enterprises and projects have 205, Shanghai Guangdong and other provinces and cities to phase out the closure of 45, Anhui Province, Guangxi Zhuang Autonomous Region, part of the closed paint enterprises 27, but the production and income of large and medium-sized paint enterprises are increasing, so that the paint market in 2016 is on the rise.
according to the "2017-2022 China
septic coatings
industry market demand forecast and investment strategic planning analysis report" published by the Forward-Looking Industry Research Institute, China's large-scale coating enterprises in 2016 achieved a cumulative Sales revenue was 435.449 billion yuan, up 5.6% YoY, profit was 32.115 billion yuan, up 4.8% YoY, and paint production was 18.9978 million tons, up 7.2% YoY.
Chart 1: China's paint production, revenue, profit and growth statistics (in tons: 10,000 tons, RMB100million, %)2008-2016. Source: Forward-Looking Industry Research Institute
In 2016, the number of new production lines for coatings increased, and water-based coatings bedding
in early 2015, China's "toughest ever" Environmental Protection Law was officially implemented, and from February 1, 2015, a 4% excise tax was levied on enterprises involved in the production, commissioned processing and import of coatings. For coatings with VOC content of 420 g/L in the construction state, consumption tax may be exempted. China's paint industry under pressure began to change and shuffle, traditional high-polluting paint products accelerated the pace of elimination, new low-polluting new paint demand gradually increased.
compared with the traditional
paint
,
water-based paint
is an environmental protection paint, it saves oil and coal resources, and does not pollute the environment, is to guide consumption to achieve energy conservation and emission reduction typical, so in recent years, water-based coatings have been more and more concerned, as a low-pollution green environmental protection coatings, will become the future world paint market protagonist. According to incomplete statistics, the annual demand of China's industrial anti-corrosion coatings in about 2.5 million tons, of which can be replaced by water-based industrial anti-corrosion coatings up to 1.8 million tons, can be widely used in petrochemicals, automobiles, railways, ships, containers and other fields. And these areas before all the use of solvent-based coatings, the annual amount of organic solvent volatility of 1.2 million tons, waste of resources of more than 4 billion yuan, not only bring great environmental harm, but also waste a lot of resources. Therefore, in the "green environmental protection, energy conservation and emission reduction" in the background, the use of water-based industrial anti-corrosion coatings is imperative.
Can see that since 2016, the new production line in the paint industry is mainly water-based coatings, according to the Forward Industry Research Institute statistics, in 2016 the country's new, proposed, under construction, put into operation of 12 million tons of paint production capacity, about 5 million tons are water-based environmental protection coatings, high-performance coatings.
2: Summary of new projects for high-performance water-based environmental coatings in 2016 . Source: Forward-looking Industrial Research Institute finishing
2017 water-based coatings are still hot
January 2017 to date, China's new coating production capacity has reached more than 2 million tons, of which PPG,
three trees
(603737), Baojun emerging building materials, Libang Chenyang water paint, Shangyu Shengyu Chemical, Henan Jinhongrun coatings and other enterprises to build a total of about 950,000 tons of new water-based paint, as well as PPG Zhangjiagang, Xuanwei, Akzo Nobel, Hunan Bads, Zhejiang Zhiqiang coatings and other enterprises of high-performance coatings, environmental protection coatings projects are under construction. Overall, as of March 2017, about 70% of the projects under construction, production and planned construction in the coatings industry are water-based coatings.
3: Summary of new projects for high-performance water-based environmental coatings as of March 2017 . Note: ★-based coatings, other environmentally friendly coatings, high-performance coatings.