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Coatings: the hard way from blue-collar to white-collar

 Last Update: 2021-04-27
 Source: Internet
 Author: User

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[China Epoxy Industry Online] News on March 31, 2005: According to observations, there are more than 8,000 domestic polyurethane coating companies, mainly in the Yangtze River Delta and the Pearl River Delta.
Due to technical and financial reasons, wholly foreign-owned enterprises, joint ventures, and large-scale domestic manufacturers are positioned in the market for mid-to-high-end products, and individual, small township and village enterprises generally produce low-end products.

From the perspective of economic benefits, the current coating industry is not satisfactory.

According to the news from Guangdong, the profits of many coating companies are already below 10%, which exceeds the normal profit warning line of the industry (it is generally believed that the profit of the coating industry should be 20-30%, at least higher than 10%).

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