Luo Biao: The powder coating market is in the ascendant

Powder coating is a solid powdery synthetic resin coating composed of solid resin and pigments, fillers and additives

The market predicts that from 2018 to 2025, the compound annual growth rate of the powder coating industry is expected to reach about 10%.

In fact, the powder coating industry is vertical but involves a wide range of areas, and its rapid development is bound to drive a new round of opportunities for surrounding industries

However, as a rapidly developing emerging industry, it inevitably has its own pain points

Secondly, there is the problem of low level of intelligence in the industry

Third, big but not strong is still the overall situation of the powder coating industry

"However, according to the maturity of the industry, the concentration of the powder coating industry will increase significantly in the next 5 to 10 years

It is worth noting that the powder coatings coating branch to be organized by the China Coatings Industry Association will be established in September this year.