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    Home > Coatings News > Paints and Coatings Market > In the first half of 2015, the new paints bucked the trend.

    In the first half of 2015, the new paints bucked the trend.

    • Last Update: 2020-09-25
    • Source: Internet
    • Author: User
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    China Coatings Network
    News: In April 2015, the country's total monthly production of
    coatings
    fell 4.95 percent year-on-year, the first negative growth in 13 months, while the cumulative production of coatings in January-April increased by only 3.9 percent year-on-year. According to the latest data, in May 2015, the total amount of paint production in China was 1.4003 million tons, down 0.78% YoY, and negative growth has been again since the previous month, while in January-May, China's cumulative total paint production was 6.2384 million tons, down to 0.94% YoY.
    Behind the overall decline in the paint market, independent brands and joint-venture brands with the opposite growth momentum, as well as new paint products that are reversing a sharp rise, are brewing a new market pattern in this market shock.
    a little attention is not difficult to find that the overall decline of the paint market in the background, is not a clear color of the "sad red all over the field."
    Oriental Yuhong released its first half 2015 results report, the company achieved operating income of RMB2,196,039,683.29 in the first half of 2015, a slight decrease of 6.97% compared with the same period a year earlier, and realized a net profit attributable to shareholders of listed companies of RMB284,052,032.60, up 27.22% from a year earlier.
    Fujian
    Thye Tree Coatings Co., Ltd.
    in the first half of this year sales revenue, profit growth, tax three indicators have achieved substantial growth, of which, sales, profits have reached more than 30% growth.
    July 28-30, 2015, classic paint real estate business seminar and real estate business department's mid-year performance report will be held in Shenzhen. It was revealed that the first half of the classic paint real estate business successfully completed the sales target completion rate of 107%, year-on-year growth of 60%.
    fact, the high growth of the new
    coal coating enterprises
    of the above three independent brands is a microcosm of the overall ups and downs of the independent brands.
    some surprises, in the paint industry as a whole market weakness at the same time, new paint products are rise.
    that the water paint industry market entered an explosive period in 2015 due to the impact of the introduction of the national consumption tax policy on atmospheric governance and
    paint
    At present, China's annual production of nearly 16 million tons of paint, environmentally friendly water-based paint accounted for less than 50%, and Europe and the United States the proportion of up to 90%. In the domestic environmental protection trend, water paint will replace the traditional paint ushered in an accelerated promotion period, related enterprises ushered in market expansion opportunities.
    Relative to traditional coatings, water paint ushered in the spring of industry development, such as in recent years, the rise of water-based science days, morning yang water paint, Covins, etc., have entered the domestic market, become recognized by the people of water paint products.
    industry experts said that the future of water paint will become the mainstream of the development of the paint market, traditional coatings will gradually withdraw from the historical stage. In the future, China's coatings market will become the largest market for new coatings. And either are optimistic about the
    water-based paint
    trend to a good market, paint companies are scrambling to throw heavy gold to promote the development of water-based paint, coupled with some column policy benefits, the rise of new paint water paint is also expected.
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