Coatings industry profit growth expected to be 8-10% in 2015

China Coatings Network
News: China
Coatings
Industry Association held on the 25th-27th of 2015 China's paint, pigment industry annual meeting, said that the forecast for 2015 full-year output of 17.6 million tons, growth rate of about 7%, output value of about 415 billion yuan, growth rate of 7%-8%, profits are expected to exceed 30 billion yuan, to achieve 8%-10% growth.
According to statistics from the China Coatings Industry Association, the overall trend of output growth in China's paint industry slowed in 2014, but better than in 2013, output growth fluctuated by 10%-15%, output growth in 2014 was 7.9%, output growth was 11.9%, of which the growth rate of various taxes and fees in 2014 was higher than in 2012 and 2013.
, domestic paint-related listed companies have JinLitai, Yu Three Gorges A, rainbow refining, transfer shares and so on. Industry insiders pointed out that among them, Jinlitai
water-based coatings
(environmentally friendly coatings) accounted for more than 70%, with the increase of environmental pressure, will be good environmental protection upgrade faster leading enterprises.