echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Where is the way forward for the coatings industry when the merger and acquisition boom hits?

    Where is the way forward for the coatings industry when the merger and acquisition boom hits?

    • Last Update: 2020-08-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Since the reform and opening up, after 30 years of rapid growth, China has become the world's largest manufacturing country and the second largest economy, but with the majority of industries have a more serious overcapacity.
    background, the wave of mergers and acquisitions in China, characterized by industry integration to eliminate overcapacity, has been brewing since previous years and has continued to develop rapidly in recent years.
    Because the word merger and acquisition is often seen in many reports over the past few years, no matter which industry can not avoid hearing such a hot ear of a word, for our
    powing
    industry, more has become a big talk after tea.
    mergers and acquisitions for enterprises is nothing but to consolidate their position in the industry and the market, and for the entire market, mergers and acquisitions is also a necessary means to accelerate the development of the market economy. Some people are happy and some people worry, small and medium-sized enterprises are very worried about this, and even some people in the industry will worry about China's paint industry will appear a monopoly of large brands.
    however, the laws of nature determine the iron law of weak meat. Therefore, the small editor instead believes that this phenomenon can stimulate the fighting spirit of small and medium-sized enterprises, in this merger and acquisition efforts to forge ahead.
    market economy, mergers and acquisitions are the best way for enterprises to optimize the allocation of resources and the extraordinary development, and also the only way to realize the restructuring of the industry.
    past few years, China's paint industry continues to develop,
    paint enterprises
    flowering every place, but in this "glossy" behind, but there is a trace of hidden dangers. At present, there is a serious waste of resources and disorderly competition in the coating industry. Even some enterprises still have low-level duplication, follow-up research and development technical support and other ills, resulting in the comprehensive competitiveness of these enterprises decreased year by year, and then affected the overall level of China's paint industry to improve.
    so the industry mergers and acquisitions phenomenon, the appropriate industry shuffle, which is also the trend.
    this is a big trend, it doesn't mean we'll just sit back and wait. Don't want to sit back and wait, what else can we do?
    is to follow the trend and push the tide. The development of the coating industry for decades, "transformation and upgrading" slogan shouted for many years, the industry around the transformation and upgrading of the attention and discussion has never stopped, but did not bring about substantial change. Now that we have reached a turning point where we can't transform, we should consider what we can use to achieve the purpose of transformation. In recent years, air pollution and energy conservation and emission reduction have become a major topic of national concern. Why don't we take advantage of this "wind mouth" to take advantage of the transition? Some experts have predicted that the next few years will be the golden period of water paint development.
    of course, water paint does not rise for no reason.
    statistics show that China's annual emissions of about 2.2 million tons of VOCs into the air, equivalent to 1Chinese3 billion consecutive hours of air inhalation, and an average annual rate of 9%. In view of the strict requirements of VOCs in coatings in Europe and America, China also pays more and more attention to the problem of VOCs in coatings. Because of the importance we attach to VOCs, the "environmental health" of coatings has also become a popular product in the paint market last year.
    , environmental health concerns and the development of laws and regulations will continue to affect the entire coating market. A comparison of existing coating technology is not difficult to find that acrylic modified water-based polyurethane as the main raw material of water paint, can provide the best, most economical, most flexible solutions. From today's development trend, the promotion of national policies to the water paint market has brought huge business opportunities. Industry insiders believe that during the 13th Five-Year Plan period, the construction of all areas of housing security coupled with the need for industrial production for water paint, not only for water paint to create a good market environment, but also for water paint technology innovation to create a prerequisite. Because water paint has the advantage of environmental protection performance, especially water-based two-component coating is in the field of corrosion prevention has a broad application prospects.
    big waves of sand to show heroic nature, mergers and acquisitions phenomenon may cause a complete change in the competitive landscape of the paint industry, whether to laugh at the tide finally depends on whether paint enterprises can make good use of the means of reform and innovation, can take advantage of the environmental protection wind to kill a blood road. Therefore, for the phenomenon of mergers and acquisitions, as long as the rational decision-making, the source of the real clear, to get vitality.
    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.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.