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    Home > Coatings News > Paints and Coatings Market > Market Trend of my country's Waterborne Industrial Coatings Industry

    Market Trend of my country's Waterborne Industrial Coatings Industry

    • Last Update: 2021-05-01
    • Source: Internet
    • Author: User
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    Water-based industrial coatings use water as a dispersion medium and have low VOC emissions.
    Currently widely used in machinery, ships, automobiles, bridges, pipelines, steel structures, containers and other fields.
    It is an environmentally friendly green coating product that replaces paint.
    Overview ofChina's Waterborne Industrial Coatings Industry DevelopmentOverview of China's Waterborne Industrial Coatings Industry Development Coatings IndustryNow China is the world's largest paint producer.
    At the beginning of reform and opening up, the annual output of China's coatings was about 50,000 tons, ranking eighth in the world.
    After experiencing the global financial crisis in 2008, by 2009, China's total paint output reached 7.
    689 million tons, ranking first in the world for the first time.
    As of 2018, China's paint output has reached 17.
    598 million tons.
    According to statistics, the global industrial coatings market in 2018 was about 104.
    9 billion U.
    S.
    dollars.
    Among the 100 companies in 2018, the annual output of industrial coatings was 3.
    9176 million tons, and the annual output of architectural decoration coatings was 4.
    3777 million tons; the main business income of industrial coatings was 70.
    038 billion yuan, and the main business income of architectural decoration coatings was 38.
    668 billion yuan.
    From the data point of view, the output of industrial coatings is lower than that of architectural decoration coatings, but the main business income is much higher than that of architectural decoration coatings.
    On the whole, the main business income of industrial coatings has increased simultaneously.
    Future water-based industrial coatings industry market size forecastfuture water-based industrial coatings industry market size forecast coatings industryAccording to the research report, the global water-based paint is expected to reach 32.
    71 million tons by 2022, the market value is expected to reach $ 146.
    1 billion, an annual six years The growth rate is expected to be 6%.
    And it is expected that the water paint market in the Asia-Pacific region will reach the fastest growth of 7.
    9% between 2016 and 2022.
    The main factor driving the growth of demand in the region is the increase in infrastructure projects in India, China and Indonesia.
    The Asia-Pacific region is expected to replace Europe as the largest regional market for water-based coatings in 2022.
      According to the "Thirteenth Five-Year Plan for China's Coatings Industry", by 2020, my country's environmentally friendly coatings will account for 57% of the total coating output, of which: powder coatings account for more than 10%, and water-based industrial coatings account for more than 30%.
    China is expected water-based industrial coatings market coatings market more than 2 million tons, in order to estimate water-based industrial coatings compound annual growth rate will exceed 25%.
    There is huge room for development.
      Prospects for the development of  water-based industrial coatings industry    Prospects for the development of water-based industrial coatings industry   During the "13th Five-Year Plan" period, environmental protection has become the main theme of the industry's development.
    China's coatings market will undergo a "water-in-oil retreat" reform in the coatings market , and water-based industrial coatings are in a golden opportunity for strategic development.
      "One Belt One Road" will involve a lot of infrastructure construction and stimulate paint consumption.
    Water-based industrial coatings will play an important role of green "makeup artist" with their advantages in safety, health, and environmental protection.
      Water-based industrial paints have been successfully applied in industries such as automobiles, rolling stock, construction machinery, steel structures, wind power, and containers.
    In "Thirteen Five" late, more than 80% of industrial paint coating will be using water-based industrial coatings industrial coatings .
      Since 2016, the newly-built production lines of the coatings industry are mainly based on water-based coatings.
    Among them, PPG, Sankeshu, Baojun Xinxing Building Materials, Nippon, Chenyang Water Paint, Shangyu Shenghui Chemical, Henan Jinhongrun Coatings and other companies have built a total of 950,000 tons of water-based coatings.
    Coatings; Akzo Nobel, Zhongtu Chemical, Shanghai International Paint, Wuhan Shuanghu, Zhejiang Bridge, Nanjing Yangtze River and other well-known domestic and foreign companies are committed to the development of industrial coatings for water-based industrial coatings .
    It can be seen that the era of water-based industrial coatings is coming.
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