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    Home > Coatings News > Paints and Coatings Market > What makes the coating giants eye-catching on the industrial coatings market?

    What makes the coating giants eye-catching on the industrial coatings market?

    • Last Update: 2021-05-01
    • Source: Internet
    • Author: User
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    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">After acquiring a 70% stake in Mecca Paint, a container and wind power paint manufacturer, in November this year, Nippon Paint has once again increased its size in the industrial paint market , which has attracted widespread attention from the industry.
    On December 12, Nippon Paint China officially announced that it will invest approximately RMB 960 million in the construction of industrial coatings and coating resin projects in Tianjin Nangang Industrial Zone.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">After acquiring a 70% stake in Mecca Paint, a container and wind power paint manufacturer, in November this year, Nippon Paint has once again increased its size in the industrial paint market , which has attracted widespread attention from the industry.


    On December 12, Nippon Paint China officially announced that it will invest approximately RMB 960 million in the construction of industrial coatings and coating resin projects in Tianjin Nangang Industrial Zone.


    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">After acquiring a 70% stake in Mecca Paint, a container and wind power paint manufacturer, in November this year, Nippon Paint has once again increased its size in the industrial paint market , which has attracted widespread attention from the industry.


    On December 12, Nippon Paint China officially announced that it will invest approximately RMB 960 million in the construction of industrial coatings and coating resin projects in Tianjin Nangang Industrial Zone.


    After acquiring a 70% stake in Mecca Paint, a container and wind power paint manufacturer, in November this year, Nippon Paint has once again increased its size in the industrial paint market , which has attracted widespread attention from the industry.



    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Status: Giants are overweighting the industrial market

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Status: Giants are overweighting the industrial market

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Status: Giants are overweighting the industrial market

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Status: Giants are overweighting the industrial market

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Status: Giants are overweighting the industrial market

    Status: Giants increase the size of the industrial market Status: Giants increase the size of the industrial market

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Since the beginning of this year, there are not a few giants that have placed their bargaining chips on the Chinese industrial coatings market.


    Recently, BASF has joined hands with Shilihe to launch a high-end automotive refinish technical center in Foshan, Guangdong , and Axalta has officially opened a new West China district in Chengdu , Sichuan.
    Headquarters and West District Refinish Training Center ; from a long-term perspective, PPG Global Coatings Innovation Center is located in Tianjin , and Akzo Nobel's global* powder coatings factory is put into operation in Changzhou .

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">What is even more concerning is that Dabao Chemical , which has always focused on wood coatings business, has also reported this year that it will enter industrial paints and become the third "not doing business properly" after Zhanchen and Jiabaoli.


    So the question is, why do these coating giants overweight the Chinese coatings market? The editor estimates the following factors:

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Since the beginning of this year, there are not a few giants that have placed their bargaining chips on the Chinese industrial coatings market.


    Recently, BASF has joined hands with Shilihe to launch a high-end automotive refinish technical center in Foshan, Guangdong , and Axalta has officially opened a new West China district in Chengdu , Sichuan.


    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">What is even more concerning is that Dabao Chemical , which has always focused on wood coatings business, has also reported this year that it will enter industrial paints and become the third "not doing business properly" after Zhanchen and Jiabaoli.


    So the question is, why do these coating giants overweight the Chinese coatings market? The editor estimates the following factors:

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Since the beginning of this year, there are not a few giants that have placed their bargaining chips on the Chinese industrial coatings market.


    Recently, BASF has joined hands with Shilihe to launch a high-end automotive refinish technical center in Foshan, Guangdong , and Axalta has officially opened a new West China district in Chengdu , Sichuan.


    Since the beginning of this year, there are not a few giants that have placed their bargaining chips on the Chinese industrial coatings market.
    Recently, BASF has joined hands with Shilihe to launch a high-end automotive refinish technical center in Foshan, Guangdong , and Axalta has officially opened a new West China district in Chengdu , Sichuan.



    What is even more concerning is that Dabao Chemical , which has always focused on wood coatings business, has also reported this year that it will enter industrial paints and become the third "not doing business properly" after Zhanchen and Jiabaoli.
    So the question is, why do these coating giants overweight the Chinese coatings market? The editor estimates the following factors: Dabao Chemical also reported this year that it is going to enter the industrial paint industry.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">1.


    The market is vast and continues to grow

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">1.
    The market is vast and continues to grow

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">1.
    The market is vast and continues to grow

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">1.
    The market is vast and continues to grow

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">1.
    The market is vast and continues to grow

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">1.
    The market is vast and continues to grow

    1.
    The market is vast and continues to grow

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The industrial coatings market has always been a battleground for coatings companies, just like Jingzhou during the Three Kingdoms period.
    Although architectural coatings provide people with a beautiful living environment and are mainly responsible for housing functions, industrial coatings are more extensive, covering all aspects of clothing, food, housing, and transportation.
    Therefore, industrial coatings have always been the backbone of my country's coatings industry.
    According to market applications, industrial coatings are subdivided into marine coatings, automotive coatings, coil coatings, protective coatings, wood coatings and packaging coatings.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The Asia-Pacific region is one of the main markets for industrial coatings and the fastest growing region in the global coatings market.
    Among them, China accounts for more than half of the consumption in the Asia-Pacific region.
    In 2017, China's paint output reached 20.
    36 million tons, with an output value of about 64 billion US dollars, which is close to one-third of the global scale.
    The importance of the Chinese market to the coating giants is self-evident.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Moreover, the Chinese coatings market is far from being saturated and has been growing steadily.
    There are several factors driving the increase in the demand for industrial coatings in China: first, the continued improvement of the macro economy; second, the continuous acceleration of the process of industrialization; third, the demand for automotive, furniture, aerospace and other end markets stimulates The gradual recovery of the oil and gas market; fourth, the continuous progress of industrial coating technology.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The industrial coatings market has always been a battleground for coatings companies, just like Jingzhou during the Three Kingdoms period.
    Although architectural coatings provide people with a beautiful living environment and are mainly responsible for housing functions, industrial coatings are more extensive, covering all aspects of clothing, food, housing, and transportation.
    Therefore, industrial coatings have always been the backbone of my country's coatings industry.
    According to market applications, industrial coatings are subdivided into marine coatings, automotive coatings, coil coatings, protective coatings, wood coatings and packaging coatings.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The Asia-Pacific region is one of the main markets for industrial coatings and the fastest growing region in the global coatings market.
    Among them, China accounts for more than half of the consumption in the Asia-Pacific region.
    In 2017, China's paint output reached 20.
    36 million tons, with an output value of about 64 billion US dollars, which is close to one-third of the global scale.
    The importance of the Chinese market to the coating giants is self-evident.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Moreover, the Chinese coatings market is far from being saturated and has been growing steadily.
    There are several factors driving the increase in the demand for industrial coatings in China: first, the continued improvement of the macro economy; second, the continuous acceleration of the process of industrialization; third, the demand for automotive, furniture, aerospace and other end markets stimulates The gradual recovery of the oil and gas market; fourth, the continuous progress of industrial coating technology.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The industrial coatings market has always been a battleground for coatings companies, just like Jingzhou during the Three Kingdoms period.
    Although architectural coatings provide people with a beautiful living environment and are mainly responsible for housing functions, industrial coatings are more extensive, covering all aspects of clothing, food, housing, and transportation.
    Therefore, industrial coatings have always been the backbone of my country's coatings industry.
    According to market applications, industrial coatings are subdivided into marine coatings, automotive coatings, coil coatings, protective coatings, wood coatings and packaging coatings.

    The industrial coatings market has always been a battleground for coatings companies, just like Jingzhou during the Three Kingdoms period.
    Although architectural coatings provide people with a beautiful living environment and are mainly responsible for housing functions, industrial coatings are more extensive, covering all aspects of clothing, food, housing, and transportation.
    Therefore, industrial coatings have always been the backbone of my country's coatings industry.
    According to market applications, industrial coatings are subdivided into marine coatings, automotive coatings, coil coatings, protective coatings, wood coatings and packaging coatings.

    According to market applications, industrial coatings are subdivided into marine coatings, automotive coatings, coil coatings, protective coatings, wood coatings and packaging coatings.


    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The Asia-Pacific region is one of the main markets for industrial coatings and the fastest growing region in the global coatings market.
    Among them, China accounts for more than half of the consumption in the Asia-Pacific region.
    In 2017, China's paint output reached 20.
    36 million tons, with an output value of about 64 billion US dollars, which is close to one-third of the global scale.
    The importance of the Chinese market to the coating giants is self-evident.

    The Asia-Pacific region is one of the main markets for industrial coatings and the fastest growing region in the global coatings market.
    Among them, China accounts for more than half of consumption in the Asia-Pacific region.
    In 2017, China's paint output reached 20.
    36 million tons, with an output value of about 64 billion US dollars, which is close to one-third of the global scale.
    The importance of the Chinese market to the coating giants is self-evident.
    The Asia-Pacific region is one of the main markets for industrial coatings and the fastest growing region in the global coatings market.
    Among them, China accounts for more than half of consumption in the Asia-Pacific region.
    In 2017, China's paint output reached 20.
    36 million tons, with an output value of about 64 billion US dollars, which is close to one-third of the global scale.
    The importance of the Chinese market to the coating giants is self-evident.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Moreover, the Chinese coatings market is far from being saturated and has been growing steadily.
    There are several factors driving the increase in the demand for industrial coatings in China: first, the continued improvement of the macro economy; second, the continuous acceleration of the process of industrialization; third, the demand for automotive, furniture, aerospace and other end markets stimulates The gradual recovery of the oil and gas market; fourth, the continuous progress of industrial coating technology.

    Moreover, the Chinese coatings market is far from being saturated and has been growing steadily.
    There are several factors driving the increase in the demand for industrial coatings in China: first, the continued improvement of the macro economy; second, the continuous acceleration of the process of industrialization; third, the demand for automotive, furniture, aerospace and other end markets stimulates The gradual recovery of the oil and gas market; fourth, the continuous progress of industrial coating technology.
    First, the continued improvement of the macro-economy; second, the continuous acceleration of the industrialization process; third, the stimulus of demand in the automobile, furniture, aerospace and other end markets, and the gradual recovery of the shipping and oil and gas markets; fourth, the industrial coating technology Continuous progress.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">2.
    Large market competition space

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">2.
    Large market competition space

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">2.
    Large market competition space

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">2.
    Large market competition space

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">2.
    Large market competition space

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">2.
    Large market competition space

    2.
    Large market competition space

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Compared with the raging architectural coatings market, which is fighting with the help of brand, price, marketing and other means, the competition in the industrial coatings market has always been true to the point.
    Due to the complex use environment, the technical content of industrial coatings is higher than that of architectural coatings, the development technology is more difficult, and the barriers to entry are higher.
    Therefore, the industry concentration is relatively higher, but the overall market is still tending to be fragmented, and the market competition space is large.
    .

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">However, the high-end market of industrial coatings is almost entirely occupied by international coating companies, and domestic companies are mainly concentrated in the low-end market.
    If coating companies without a technical basis rush into it, it will inevitably be extremely difficult.
    According to the faction, the companies that belong to the industrial masters include PPG, Axalta, Akzo Nobel, Sherwin-Williams, Kansai, BASF, Nippon, Jordan, Haihong, etc.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">There are also some domestic companies that have been well-known for a long time and have gradually grown into the backbone of the country, such as: Hunan Xiangjiang, Jiangsu Dewei, Lanling Chemical, Sifang Weikai, Tianjin Lighthouse Paint, etc.
    As for companies that are new to the industrial coatings market, such as Zhanchen, Carboline, and Dabao Chemical, they can only be regarded as rookies in the industry.
    The specific performance remains to be seen.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Compared with the raging architectural coatings market, which is fighting with the help of brand, price, marketing and other means, the competition in the industrial coatings market has always been true to the point.
    Due to the complex use environment, the technical content of industrial coatings is higher than that of architectural coatings, the development technology is more difficult, and the barriers to entry are higher.
    Therefore, the industry concentration is relatively higher, but the overall market is still tending to be fragmented, and the market competition space is large.
    .

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">However, the high-end market of industrial coatings is almost entirely occupied by international coating companies, and domestic companies are mainly concentrated in the low-end market.
    If coating companies without a technical basis rush into it, it will inevitably be extremely difficult.
    According to the faction, the companies that belong to the industrial masters include PPG, Axalta, Akzo Nobel, Sherwin-Williams, Kansai, BASF, Nippon, Jordan, Haihong, etc.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">There are also some domestic companies that have been well-known for a long time and have gradually grown into the backbone of the country, such as: Hunan Xiangjiang, Jiangsu Dewei, Lanling Chemical, Sifang Weikai, Tianjin Lighthouse Paint, etc.
    As for companies that are new to the industrial coatings market, such as Zhanchen, Carboline, and Dabao Chemical, they can only be regarded as rookies in the industry.
    The specific performance remains to be seen.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Compared with the raging architectural coatings market, which is fighting with the help of brand, price, marketing and other means, the competition in the industrial coatings market has always been true to the point.
    Due to the complex use environment, the technical content of industrial coatings is higher than that of architectural coatings, the development technology is more difficult, and the barriers to entry are higher.
    Therefore, the industry concentration is relatively higher, but the overall market is still tending to be fragmented, and the market competition space is large.
    .

    Compared with the raging architectural coatings market, which is fighting with the help of brand, price, marketing and other means, the competition in the industrial coatings market has always been true to the point.
    Due to the complex use environment, the technical content of industrial coatings is higher than that of architectural coatings, the development technology is more difficult, and the barriers to entry are higher.
    Therefore, the industry concentration is relatively higher, but the overall market is still tending to be fragmented, and the market competition space is large.
    .
    The technical content of industrial coatings is higher than that of architectural coatings, the development technology is more difficult, and the barriers to entry are higher.
    Therefore, the industry concentration is relatively higher, but the overall market is still tending to be fragmented and the market competition space is large.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">However, the high-end market of industrial coatings is almost entirely occupied by international coating companies, and domestic companies are mainly concentrated in the low-end market.
    If coating companies without a technical basis rush into it, it will inevitably be extremely difficult.
    According to the faction, the companies that belong to the industrial masters include PPG, Axalta, Akzo Nobel, Sherwin-Williams, Kansai, BASF, Nippon, Jordan, Haihong, etc.

    However, the high-end market of industrial coatings is almost entirely occupied by international coating companies, and domestic companies are mainly concentrated in the low-end market.
    If coating companies without a technical basis rush into it, it will inevitably be extremely difficult.
    According to the faction, the companies that belong to the industrial masters include PPG, Axalta, Akzo Nobel, Sherwin-Williams, Kansai, BASF, Nippon, Jordan, Haihong, etc.
    According to the faction, the companies that belong to the industrial masters include PPG, Axalta, Akzo Nobel, Sherwin-Williams, Kansai, BASF, Nippon, Jordan, Haihong, etc.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">There are also some domestic companies that have been well-known for a long time and have gradually grown into the backbone of the country, such as: Hunan Xiangjiang, Jiangsu Dewei, Lanling Chemical, Sifang Weikai, Tianjin Lighthouse Paint, etc.
    As for companies that are new to the industrial coatings market, such as Zhanchen, Carboline, and Dabao Chemical, they can only be regarded as rookies in the industry.
    The specific performance remains to be seen.

    There are also some domestic companies that have been well-known for a long time and have gradually grown into the backbone of the country, such as: Hunan Xiangjiang, Jiangsu Dewei, Lanling Chemical, Sifang Weikai, Tianjin Lighthouse Paint, etc.
    As for companies that are new to the industrial coatings market, such as Zhanchen, Carboline, and Dabao Chemical, they can only be regarded as rookies in the industry.
    The specific performance remains to be seen.
    There are also some domestic companies that have been well-known for a long time and have gradually grown into the backbone of the country, such as: Hunan Xiangjiang, Jiangsu Dewei, Lanling Chemical, Sifang Weikai, Tianjin Lighthouse Paint, etc.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Three to tap new business growth points

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Three to tap new business growth points

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Three to tap new business growth points

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Three to tap new business growth points

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Three to tap new business growth points

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Three to tap new business growth points

    Three to tap new business growth points

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">In the past two years, under the background of regulatory policies such as purchase restrictions, loan restrictions, and sales restrictions, the real estate market has significantly cooled down, which has also had a certain impact on the profitability of companies that are mainly engaged in architectural coatings.
    Although Nippon and other companies are already focusing their efforts on repainting the market, risks are everywhere and cannot put eggs in one basket.
    This is one of the reasons why Nippon has frequently increased its industrial coatings market in recent years.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The main business growth space is shrinking, and new business growth points need to be tapped.
    Companies such as Carpoli and Dabao Chemical may face such a situation.
    The home improvement wood lacquer market is shrinking day by day.
    In the past, wood lacquer was used in many home decorations.
    Today, wood lacquer has become an accessory product in home improvement paint sales, and wood lacquer is basically not used in home decoration.
    In 2016, Jiabaoli's home improvement wood paint sales fell by tens of millions.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">At the same time, under the influence of external factors such as continuous increase in raw material prices and stricter environmental protection, the profit growth of coatings companies is facing tremendous pressure, and they have to explore new business growth points and seek greater development space.
    Based on the first two factors mentioned above, entering the industrial coatings market is a good choice.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Moreover, with the continuous acceleration of the "oil-to-water" process and the maturity of water- based industrial paint technology, water-based industrial paints have gradually been promoted and applied to the fields of containers, automobiles, furniture, and construction machinery.
    The development prospects of water-based industrial paints are promising.
    Attracted many coating companies to join.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">In the past two years, under the background of regulatory policies such as purchase restrictions, loan restrictions, and sales restrictions, the real estate market has significantly cooled down, which has also had a certain impact on the profitability of companies that are mainly engaged in architectural coatings.
    Although Nippon and other companies are already focusing their efforts on repainting the market, risks are everywhere and cannot put eggs in one basket.
    This is one of the reasons why Nippon has frequently increased its industrial coatings market in recent years.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The main business growth space is shrinking, and new business growth points need to be tapped.
    Companies such as Carpoli and Dabao Chemical may face such a situation.
    The home improvement wood lacquer market is shrinking day by day.
    In the past, wood lacquer was used in many home decorations.
    Today, wood lacquer has become an accessory product in home improvement paint sales, and wood lacquer is basically not used in home decoration.
    In 2016, Jiabaoli's home improvement wood paint sales fell by tens of millions.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">At the same time, under the influence of external factors such as continuous increase in raw material prices and stricter environmental protection, the profit growth of coatings companies is facing tremendous pressure, and they have to explore new business growth points and seek greater development space.
    Based on the first two factors mentioned above, entering the industrial coatings market is a good choice.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">Moreover, with the continuous acceleration of the "oil-to-water" process and the maturity of water- based industrial paint technology, water-based industrial paints have gradually been promoted and applied to the fields of containers, automobiles, furniture, and construction machinery.
    The development prospects of water-based industrial paints are promising.
    Attracted many coating companies to join.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">In the past two years, under the background of regulatory policies such as purchase restrictions, loan restrictions, and sales restrictions, the real estate market has significantly cooled down, which has also had a certain impact on the profitability of companies that are mainly engaged in architectural coatings.
    Although Nippon and other companies are already focusing their efforts on repainting the market, risks are everywhere and cannot put eggs in one basket.
    This is one of the reasons why Nippon has frequently increased its industrial coatings market in recent years.

    In the past two years, under the background of regulatory policies such as purchase restrictions, loan restrictions, and sales restrictions, the real estate market has significantly cooled down, which has also had a certain impact on the profitability of companies that are mainly engaged in architectural coatings.
    Although Nippon and other companies are already focusing their efforts on repainting the market, risks are everywhere and cannot put eggs in one basket.
    This is one of the reasons why Nippon has frequently increased its industrial coatings market in recent years.

    Although Nippon and other companies are already focusing their efforts on repainting the market, risks are everywhere and cannot put eggs in one basket.
    This is one of the reasons why Nippon has frequently increased its industrial coatings market in recent years.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">The main business growth space is shrinking, and new business growth points need to be tapped.
    Companies such as Carpoli and Dabao Chemical may face such a situation.
    The home improvement wood lacquer market is shrinking day by day.
    In the past, wood lacquer was used in many home decorations.
    Today, wood lacquer has become an accessory product in home improvement paint sales, and wood lacquer is basically not used in home decoration.
    In 2016, Jiabaoli's home improvement wood paint sales fell by tens of millions.

    The main business growth space is shrinking, and new business growth points need to be tapped.
    Companies such as Carpoli and Dabao Chemical may face such a situation.
    The home improvement wood lacquer market is shrinking day by day.
    In the past, wood lacquer was used in many home decorations.
    Today, wood lacquer has become an accessory product in home improvement paint sales, and wood lacquer is basically not used in home decoration.
    In 2016, Jiabaoli's home improvement wood paint sales fell by tens of millions.

    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">At the same time, under the influence of external factors such as continuous increase in raw material prices and stricter environmental protection, the profit growth of coatings companies is facing tremendous pressure, and they have to explore new business growth points and seek greater development space.
    Based on the first two factors mentioned above, entering the industrial coatings market is a good choice.

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    75em; clear: both; margin-top: 0px; margin-bottom: 0px; -ms-word-wrap: break-word ; min-height: 1em; max-width: 100%; box-sizing: border-box;">,“”,、、、,,。

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