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    Home > Coatings News > Paints and Coatings Market > Why are foreign companies such as Nippon, PPG, Akzo Nobel, BASF and other companies investing in China one after another?

    Why are foreign companies such as Nippon, PPG, Akzo Nobel, BASF and other companies investing in China one after another?

    • Last Update: 2021-03-29
    • Source: Internet
    • Author: User
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    With the opening of China's door wider and wider, overseas companies have also entered the Chinese market.
    The strong attraction of the Chinese market has not only attracted foreign coating companies that have been in the Chinese market for many years, such as Nippon, PPG, Akzo Nobel, BASF, and Sherwin-Williams , but also a group of new foreign coating companies.
    Nippon, PPG, Akzo Nobel, BASF, Sherwin-Williams
    foreign companies have invested in the Chinese coatings market.
    Foreign companies have invested in the Chinese coatings market.New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Material Industry Forum held on September 29, and signed a new polyolefin coating (food-based inner wall water-based coating) in Lingang District Industrialization project, this project will settle in Weihai.
    New foreign companies New foreign companies (1) The Italian Metrac Group invested 1 billion yuan in the "Confucian Business Conference 2018" New Materials Industry Forum held on September 29, and signed a contract for new polyolefin coatings in Lingang District (water-based food-based inner walls) Coating) industrialization project, this project will settle in Weihai.(2) Hemmelrath, a world-renowned automotive coating company, independently invested 135 million yuan in a new automotive coating project with an annual output of 10,000 tons in the Jilin Economic and Technological Development Zone-Hemmelrath Automotive Coatings (Jilin) ​​Co.
    , Ltd.
    , Currently under construction.
    (3) South Korean paint manufacturer Jiangnan Zaifu Paint Co.
    , Ltd.
    , Canadian paint manufacturer WoodPlusTM Coating Group, and many other foreign companies are currently seeking investment to enter the Chinese market.
    (2) Hemmelrath, a world-renowned automotive coating company, independently invested 135 million yuan in a new automotive coating project with an annual output of 10,000 tons in the Jilin Economic and Technological Development Zone-Hemmelrath Automotive Coatings (Jilin) ​​Co.
    , Ltd.
    , Currently under construction.
    (3) South Korean paint manufacturer Jiangnan Zaifu Paint Co.
    , Ltd.
    , Canadian paint manufacturer WoodPlusTM Coating Group, and many other foreign companies are currently seeking investment to enter the Chinese market.
    (2) Hemmelrath, a world-renowned automotive coating company, independently invested 135 million yuan in a new automotive coating project with an annual output of 10,000 tons in the Jilin Economic and Technological Development Zone-Hemmelrath Automotive Coatings (Jilin) ​​Co.
    , Ltd.
    , Currently under construction.
    (3) South Korean paint manufacturer Jiangnan Zaifu Paint Co.
    , Ltd.
    , Canadian paint manufacturer WoodPlusTM Coating Group, and many other foreign companies are currently seeking investment to enter the Chinese market.
    (2) Hemmelrath, a world-renowned automotive coating company, independently invested 135 million yuan in a new automotive coating project with an annual output of 10,000 tons in the Jilin Economic and Technological Development Zone-Hemmelrath Automotive Coatings (Jilin) ​​Co.
    , Ltd.
    , Currently under construction.
    (3) South Korean paint manufacturer Jiangnan Zaifu Paint Co.
    , Ltd.
    , Canadian paint manufacturer WoodPlusTM Coating Group, and many other foreign companies are currently seeking investment to enter the Chinese market.  Traditional foreign company(1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
     Traditional foreign company(1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
     Traditional foreign company(1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
     Traditional foreign company Traditional foreign company Traditional foreign company Traditional foreign company Traditional foreign  companiesTraditional foreign companies(1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
    (1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
    (1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
    (1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global coating giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.
    (1) On October 30, 2018, Nippon Paint’s Xianning plant (phase I) with a total investment of 1 billion yuan was officially put into operation, and the second phase was reserved for 300,000 tons of architectural coatings per year; in addition, Nippon Paint’s Central Plains regional production base project It was also completed ahead of schedule in the first half of this year.
    The project has a total investment of 860 million yuan and an annual output of 600,000 tons of architectural coatings.
    After all, it can achieve annual sales revenue of 6 billion yuan.
    At the same time, Nippon is also stepping up the construction of new plants in Qingyuan, Guangdong, Changshu, Jiangsu, Chengdu, Sichuan, among which Nippon Changshu is expected to become the largest paint production base in China and even the world after its completion.
    It is understood that Nippon also plans to build a number of professional factories, and plans to increase its annual production capacity (including automotive coatings) in China to 3.
    6 million tons by 2020.
    (2) The global paint giant PPG has also stepped up its layout in China.
    Among them, PPG plans to invest in the construction of the world’s most advanced coatings R&D center in Tianjin; in addition, PPG has also invested more than 560 million yuan to expand the Zhangjiagang plant.
    The expansion project includes packaging coatings, automotive original equipment manufacturer (OEM) coatings, industrial coatings and automotive repairs.
    The expansion of paint production facilities will make Zhangjiagang the world's largest paint manufacturing base for PPG.

    (3) In May 2018, Akzo Nobel's world's largest powder coating plant in Changzhou officially started production.
    At the same time, Akzo Nobel is currently planning to increase investment in Changzhou to build the second phase of powder coatings and marine coatings projects.
    The goal is to build the Changzhou factory into the group's largest overseas production enterprise.

    (4) In December 2017, a new world-class automotive coating production facility invested by BASF was put into production in Caojing, Shanghai.
    It is reported that the total investment of the project is about 1.
    1 billion yuan, with an annual output of 79,000 tons of automotive coatings.
    This is the largest single investment in the history of BASF's coatings business unit.
    In addition, in August of this year, the German BASF Group’s Kemitel project signed a contract and settled in Dushan Port.
    According to reports, the total investment of the project exceeded 100 million U.
    S.
    dollars and will build the BASF Group’s largest, most advanced and most environmentally friendly surface treatment material production base.
    .

    (5) Orison Toho Coatings (Jiangsu) Co.
    , Ltd.
    has a total investment of 30 million US dollars to build a new high-performance coating project with an annual output of 10,000 tons.

    (6) German paint manufacturer Volvag invested 100 million yuan to build a new automotive coating production base with an annual output of 20,000 tons-Volvag Paint (Shenyang) Co.
    , Ltd. (7) Japan Daikin Fluorine Coatings recently signed a project investment agreement with the government department.

    Why is the Chinese coatings market sought after? Why is the Chinese coatings market sought after?
    1.
    Domestic production capacity is eliminated to provide a market for foreign companies' high-end products1.
    Domestic production capacity is eliminated to provide a market for foreign companies' high-end products1.
    Domestic production capacity is eliminated to provide a market for foreign companies' high-end products1.
    Domestic production capacity is eliminated to provide a market for foreign companies' high-end products1.
    The elimination of backward domestic production capacity provides a market for high-end products of foreign companies 1.
    The elimination of backward domestic production capacity provides a market for high-end products of foreign companiesIn recent years, the overall growth rate of my country's coatings industry has slowed down, especially since this year the market has been even more difficult.
    Data show that from January to August this year, the total output of coatings by enterprises above designated size in my country's coatings manufacturing industry was 11.
    427 million tons, a year-on-year increase of 2.
    2%, far lower than the GDP growth rate over the same period.
    Why is the overall growth rate of my country's coatings industry slowing down? This is closely related to my country’s environmental protection policy.
    Our country is in the stage of capacity reduction.
    This time we went to low-end and excess capacity.
    However, many foreign-funded companies have been focusing on user needs and high-end products to bring high-end coating products to foreign companies.
    Therefore, Also attracted foreign investment in coatings.
    With the increasing pressure of environmental protection in my country, the environmental pollution caused by the application of coating products has gradually received national attention.
    The national environmental protection department, the State Council, the taxation department, and the Ministry of Industry and Information Technology have successively introduced relevant policies to prompt the traditional coating industry to keep up with the times.
    , Embark on the road of green, healthy and sustainable development as soon as possible.
    In recent years, the overall growth rate of my country's coatings industry has slowed down, especially since this year the market has been even more difficult.
    Data show that from January to August this year, the total output of coatings by enterprises above designated size in my country's coatings manufacturing industry was 11.
    427 million tons, a year-on-year increase of 2.
    2%, far lower than the GDP growth rate over the same period.
    Why is the overall growth rate of my country's coatings industry slowing down? This is closely related to my country’s environmental protection policy.
    Our country is in the stage of capacity reduction.
    This time we went to low-end and excess capacity.
    However, many foreign-funded companies have been focusing on user needs and high-end products to bring high-end coating products to foreign companies.
    Therefore, Also attracted foreign investment in coatings.
    With the increasing pressure of environmental protection in my country, the environmental pollution caused by the application of coating products has gradually received national attention.
    The national environmental protection department, the State Council, the taxation department, and the Ministry of Industry and Information Technology have successively introduced relevant policies to prompt the traditional coating industry to keep up with the times.
    , Embark on the road of green, healthy and sustainable development as soon as possible.
    In recent years, the overall growth rate of my country's coatings industry has slowed down, especially since this year the market has been even more difficult.
    Data show that from January to August this year, the total output of coatings by enterprises above designated size in my country's coatings manufacturing industry was 11.
    427 million tons, a year-on-year increase of 2.
    2%, far lower than the GDP growth rate over the same period.
    Why is the overall growth rate of my country's coatings industry slowing down? This is closely related to my country’s environmental protection policy.
    Our country is in the stage of capacity reduction.
    This time we went to low-end and excess capacity.
    However, many foreign-funded companies have been focusing on user needs and high-end products to bring high-end coating products to foreign companies.
    Therefore, Also attracted foreign investment in coatings.
    With the increasing pressure of environmental protection in my country, the environmental pollution caused by the application of coating products has gradually received national attention.
    The national environmental protection department, the State Council, the taxation department, and the Ministry of Industry and Information Technology have successively introduced relevant policies to prompt the traditional coating industry to keep up with the times.
    , Embark on the road of green, healthy and sustainable development as soon as possible.

    2.
    The acceleration of urbanization has increased the demand for coatings .
    The acceleration of urbanization has increased the demand for coatings. At present, the urbanization rate of the permanent population in my country is 58.
    52%, while the urbanization rate of the registered population is only about 36%.
    Compared with developed countries, the urbanization rate still lags far behind.
    According to the universal law of urbanization development in the world, my country is still in the rapid development range of 30%-70% of urbanization rate, and the development potential of new urbanization is huge.
    The essence of the new urbanization is the urbanization of people, the urbanization of industries, and the urbanization of the quality of life.
    In addition to the large housing demand caused by population transfer, the development of urban agglomerations is the main body to promote my country's new urbanization in the future and the supporting foundation There is a huge demand for facilities and space construction.
    For example, the construction of urban complexes has promoted the development of infrastructure, decoration, home appliances and other industries, which will bring tremendous vitality to the coatings industry market.
    In addition, in the process of gradual increase in per capita income, people will pay more and more attention to the quality of coatings, and the average cost of coatings will gradually rise.
    At present, the urbanization rate of the permanent population in my country is 58.
    52%, while the urbanization rate of the registered population is only about 36%.
    Compared with developed countries, the urbanization rate still lags far behind.
    According to the universal law of urbanization development in the world, my country is still in the rapid development range of 30%-70% of urbanization rate, and the development potential of new urbanization is huge.
    The essence of the new urbanization is the urbanization of people, the urbanization of industries, and the urbanization of the quality of life.
    In addition to the large housing demand caused by population transfer, the development of urban agglomerations is the main body to promote my country's new urbanization in the future and the supporting foundation There is a huge demand for facilities and space construction.
    For example, the construction of urban complexes has promoted the development of infrastructure, decoration, home appliances and other industries, which will bring tremendous vitality to the coatings industry market.
    In addition, in the process of gradual increase in per capita income, people will pay more and more attention to the quality of coatings, and the average cost of coatings will gradually rise.
    At present, the urbanization rate of the permanent population in my country is 58.
    52%, while the urbanization rate of the registered population is only about 36%.
    Compared with developed countries, the urbanization rate still lags far behind.
    According to the universal law of urbanization development in the world, my country is still in the rapid development range of 30%-70% of urbanization rate, and the development potential of new urbanization is huge.
    The essence of the new urbanization is the urbanization of people, the urbanization of industries, and the urbanization of the quality of life.
    In addition to the massive housing demand caused by population transfer, the development of urban agglomerations is the main body to promote my country's new urbanization in the future, and the supporting foundation There is a huge demand for facilities and space construction.
    For example, the construction of urban complexes has driven the development of infrastructure, decoration, home appliances and other industries, which will bring tremendous vitality to the coatings industry market.
    In addition, in the process of gradual increase in per capita income, people will pay more and more attention to the quality of coatings, and the average cost of coatings will gradually rise.

    The rapid progress of urbanization is undoubtedly good news for related industries, and will provide huge market development space for industrial clusters composed of the construction industry and the coating industry.
    3.
    "Twelve consecutive championships" in the production and sales of the Chinese coatings market.
    "Twelve consecutive championships in the production and sales of the Chinese coatings market.
    "
    China is the world's largest consumer market, and the Chinese market is the world's largest growth driver for coatings.
    From the perspective of market size, my country's coatings industry is developing rapidly.
    In 2009, it reached 7.
    554 million tons and reached 20.
    36 million tons in 2017.
    Its production and sales have ranked first in the world for 12 consecutive years.

    In terms of output, according to the database of China Business Industry Research Institute, China's paint output reached 20.
    41 million tons in 2017, exceeding 20 million tons for the first time.
    In addition, China's total export of paint products in 2017 was 201,000 tons, a year-on-year increase of 12.
    9%; imports The total amount was 187,000 tons, a year-on-year increase of 7.
    6%; the apparent consumption was 20.
    396 million tons, a year-on-year increase of 12.
    3%.
    China Commercial Industry Research Institute predicts that China's paint output will reach 22.
    43 million tons in 2018.
    By 2020, China's paint output will exceed 27 million tons. In terms of sales value, the sales value of China's coatings market reached 432.
    7 billion yuan in 2016, an increase of 4.
    5% year-on-year.
    It is expected that the industry sales value will continue to increase to 460.
    7 billion yuan in 2017.
    The domestic real estate industry, automobile industry, and shipbuilding industry are all improving, and it is expected that the sales value of coatings will maintain growth in the future.
    China Commercial Industry Research Institute predicts that the sales value of China's coatings market in 2018 will be nearly 500 billion yuan.
    By 2020, the sales value of coatings will exceed 550 billion yuan.
    Future development trendFuture development trend
    01.
    The coating industry maintains growth01.
    The coating industry maintains growth01.
    The coating industry maintains growth01.
    The coating industry maintains growth01.
    The coating industry maintains growth 01.
    The coating industry maintains growthIt is mentioned in the "Thirteenth Five-Year Plan for the Coating Industry" that benefiting from both industrial and civil demand, during the "Thirteenth Five-Year Plan" period, the industry's total economic output will maintain steady growth, with an average annual growth rate of 6.
    5% in total output value.
    about.
    By 2020, the total output value of the coatings industry is expected to grow to about 560 billion yuan; the output is calculated at an average annual growth rate of 5%.
    By 2020, the total output of the coatings industry is expected to grow to about 22 million tons.
    It is mentioned in the "Thirteenth Five-Year Plan for the Coating Industry" that benefiting from both industrial and civil demand, during the "Thirteenth Five-Year Plan" period, the industry's total economic output will maintain steady growth, with an average annual growth rate of 6.
    5% in total output value.
    about.
    By 2020, the total output value of the coatings industry is expected to grow to about 560 billion yuan; the output is calculated at an average annual growth rate of 5%.
    By 2020, the total output of the coatings industry is expected to grow to about 22 million tons.
    It is mentioned in the "Thirteenth Five-Year Plan for the Coating Industry" that benefiting from both industrial and civil demand, during the "Thirteenth Five-Year Plan" period, the industry's total economic output will maintain steady growth, with an average annual growth rate of 6.
    5% in total output value.
    about.
    By 2020, the total output value of the coatings industry is expected to grow to about 560 billion yuan; the output is calculated at an average annual growth rate of 5%.
    By 2020, the total output of the coatings industry is expected to grow to about 22 million tons.
    02.
    The product structure is optimized, and environmentally friendly coatings become a trend02.
    The product structure is optimized, and environmentally friendly coatings become a trend02.
    The product structure is optimized, and environmentally friendly coatings become a trend02.
    The product structure is optimized, and environmentally friendly coatings become a trend02.
    Product structure optimization, environmentally-friendly coatings become a trend Product structure optimization, environmentally-friendly coatings become a trendWith the increase in environmental protection policies and consumers' emphasis on environmental protection and health, the future development technology of the coatings industry will develop beyond the environmental protection direction.
    At present, in addition to the traditional craftsmanship, the main products in the coatings market are also increasingly favored by consumers and companies as new environmentally-friendly coatings.
    In the future, the product structure of the coatings market will be optimized, and environmentally friendly coatings will become a trend.
    With the increase in environmental protection policies and consumers' emphasis on environmental protection and health, the future development technology of the coatings industry will develop beyond the environmental protection direction.
    At present, in addition to the traditional craftsmanship, the main products in the coatings market are also increasingly favored by consumers and companies as new environmentally-friendly coatings.
    In the future, the product structure of the coatings market will be optimized, and environmentally friendly coatings will become a trend.
    With the increase in environmental protection policies and consumers' emphasis on environmental protection and health, the future development technology of the coatings industry will develop beyond the environmental protection direction.
    At present, in addition to the traditional craftsmanship, the main products in the coatings market are also increasingly favored by consumers and companies as new environmentally-friendly coatings.
    In the future, the product structure of the coatings market will be optimized, and environmentally friendly coatings will become a trend.
    03.
    Diversified marketing methods03.
    Diversified marketing methods03.
    Diversified marketing methods03.
    Diversified marketing methods03.
    Diversified marketing methods Diversified marketing methodsIn addition to traditional offline marketing, online sales methods such as e-commerce have become one of the main shopping methods for consumers.
    In the future, paint companies will strengthen their sales through e-commerce and other channels, while optimizing offline marketing and diversifying paint sales.
    Source: Ai Tubang Public AccountIn addition to traditional offline marketing, online sales methods such as e-commerce have become one of the main shopping methods for consumers.
    In the future, paint companies will strengthen their sales through e-commerce and other channels, while optimizing offline marketing and diversifying paint sales.
    Source: Ai Tubang Public AccountIn addition to traditional offline marketing, online sales methods such as e-commerce have become one of the main shopping methods for consumers.
    In the future, paint companies will strengthen their sales through e-commerce and other channels, while optimizing offline marketing and diversifying paint sales.
    Source: Ai Tubang Public Account
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