Rising costs How do paint companies "winter"?

Recently, due to rising raw materials, transportation costs, home building materials industry has become restless, the market situation is already depressed, and make such a fire is not fueled by fire. For this big shuffle,
paint
industry will be like other industries to raise product prices, or will it respond in a constant state of change? The answer remains to be seen.More than
paint enterprises announced to raise product prices
At present, there are a number of paint raw materials enterprises officially announced that they will increase product prices, and the large-scale price increase of paint raw materials, will prompt
coating enterprises
to raise product prices to maintain the pressure of rising costs, or an uncertain factor, but with the changes in the coating upstream and downstream market, the paint industry may once again usher in market changes. In these two days, TDI soared 6000 yuan! This is a data that scares people inside the line!!! It is reported that the global production capacity led to TDI, MDI supply and demand imbalance, the future rise will only remain high.
In Japan Mitsui announced the permanent closure of Kashima 120,000 tons of TDI device, France's Vencorex shut down its 126,000 tons of TDI device, Mitsui Mitsui, Basf Korea Lishui and China Yantai jumbo device centralized maintenance, and Covestro U.S. Baytown device force majeir stop, the major chemical giants have announced force maje resistance to European MDI and TDI! With these chemical giants have "parking", with the chemical industry has close ties to the paint industry to ask how can not be spared. This foreshadows the paint industry's "winter" is now coming.
Acceleration of the coatings industry structural adjustment transformation and upgrading to come
This year, due to real estate, automotive and other important market adjustments, the paint industry is facing the downward pressure of economic growth and rising costs, employment, environmental protection, safety requirements are getting higher and higher, but also exacerbated the harsh competition in the paint market, the survival of the fittest, the trend of mergers and reorganization of the industry is gradually becoming clear. In such a complex economic environment, but also accelerated China's paint industry is in the structural adjustment and transformation and upgrading of the key period of arrival: domestic demand will continue to expand, technological innovation will become the main theme of industry development, clean production, energy conservation and environmental protection, circular economy, high functionality and other processes or products will become a new growth point of industry development.
, however, "winter" is not the end, because hope is around the corner. The so-called "cold winter" is just one adjustment integration season that has shifted under the policy adjustment. Such a season contains infinite hope. We can look beyond the "winter" hope: regardless of the current industry by the impact of various pressures on raw materials,
building coatings
,
ship coatings
and other areas of the situation is bad, China's paint industry is still a high growth of a large number of business opportunities and hope industries.
The shift from a single feature for coating products to a diversified function
experts say that even if it's cold, high-growth businesses will emerge in the industry, or start-ups and new business models. So how on earth do these companies recognize their winters and develop effective winter plans that suit them and continue to grow? Faced with the current industry downturn, the mainstream paint enterprises are working hard to improve products, energy conservation, environmental protection gradually become an industry trend, industrial upgrading is also accelerating, which will help China's paint industry a solid foundation to enhance competitiveness.
With the improvement of consumption level and the change of consumption concept, consumer demand for coatings is gradually changing from the original single function, a single product to a diversified function, so that consumers can feel the charm of science and technology, access to color and emotional experience and in line with the green trend of coating products will be more popular in the market.
Regardless of the results of the shuffle, paint enterprises should always understand that product quality is the core needs of consumers, continuous innovation, improve their own comprehensive competitiveness, walk in the forefront of the times, even if the cost rises, paint enterprises must be able to increase prices can also be recognized by consumers.