 Home > Chemicals Industry > China Chemical > Three Trees is in the competition of local brands in the Chinese coatings industry market

Three Trees is in the competition of local brands in the Chinese coatings industry market

 Last Update: 2022-03-30
 Source: Internet
 Author: User

Tags

uv coating

powder coating tulsa

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

[ Market analysis of chemical machinery equipment network ] At present, China's coatings market is mainly occupied by foreign brands.
However, in recent years, local coatings brands represented by Sankeshu, Jiabaoli and Astronergy have penetrated into market segments and tapped into the market.
The Shen market quickly seized part of the domestic coatings market.
In the TOP 10 list of Chinese companies shortlisted in "Coatings 2020", Sankeshu earned US$1.
05 billion in revenue from other local brands.

Chemical machinery and equipment network market analysis chemical machinery and equipment

Echelon competition

——Local companies are in the second echelon

As foreign brands entered my country's coatings market earlier, and foreign brands such as PPG, Sherwin-Williams, and Nippon Paint have a higher level of technology and more comprehensive product coverage, these brands occupy a larger market share in my country's coatings industry and are in the *echelon.

Most of the second tier are Chinese local brands.
In recent years, these brands have entered the market in a subdivision and set up a sinking market.
Therefore, guns quickly occupied market shares in third- and fourth-tier cities.
Representative brands include Sankeshu, Carbo-Li, Asia Chuangneng and so on.

　　The third echelon is my country's small paint manufacturers.
Most of these companies are backward in technology and have small production scales, and they mostly make profits by producing low-priced products.

　　Business competition

　　——Overall competition: Nippon*

　　Foreign brands headed by Nippon Paint occupy a major market share in my country.
According to the "2019 China Coatings" published by the paint industry, Nippon Paint continued to rank with 16.
37725 billion yuan in revenue in 2018.
PPG and Akzo Nobel ranked second and third in the list with revenue of 10.
581.
4 billion yuan and 10.
368.
9 billion yuan respectively.
The local brands of Oriental Yuhong, Jotun, Xiangjiang Paint, BASF, Axalta, Sherwin-Williams and Sankeshu entered the list.

　　Note: The data in the above figure is 2018 data.

　　——Local Brand Competition: Three Trees Far Away

　　According to the "Coatings 2020" data released by "Coatings World", a total of 26 companies in my country are on the list, of which three trees rank among domestic brands in my country, ranking 15th with a revenue of 1.
05 billion US dollars.
Shanghai Huayi, Xiangjiang Paint, Carboline and others all entered the list.

　　——Market segment competition: local brands have outstanding competitive advantages in a certain field

　　In the specific market segment competition, as mentioned above, foreign brands like Nippon, PPG, Akzo Nobel, etc.
take the road of full product lines, and most of the local brands have outstanding competitive advantages in a certain market segment, such as Dongfang Hongyu, Its competitiveness in the waterproof coating market segment*; Sankeshu is in the architectural coating market*3, and in the engineering architectural coatings market*2.

　　Industry concentration

　　-Concentration needs to be improved

　　At present, CR10 in my country's coatings industry is around 20%, far lower than 39% and 75% in the United States.
In recent years, with the introduction of environmental protection policies, the effects of my country's coatings companies have become more prominent, and there is still a lot of room for future industry concentration.

　　For more research and analysis of this industry, please refer to the "Market Demand Forecast and Investment Strategic Planning Analysis Report of China's Coating Industry" by Qianzhan Industry Research Institute.
At the same time, Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.
Wait for the solution.

　　Original title: Analysis of the market competition pattern of China's coatings industry in 2020 Sankeshu in the competition of local brands

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.