Nowadays, more and more coatings companies are paying attention to the market of water-based coatings, investing a lot of manpower and financial resources in the development of water-based technologies, striving to completely replace the position of oil-based coatings in the market, and allowing more consumers to enjoy low-carbon as soon as possible. Green healthy life. Water-based paint refers to paint that uses water as a solvent or as a dispersion medium. Its health, environmental protection, safety, simplicity, and energy-saving features have attracted many paint manufacturers and consumers.
Rapid growth of architectural coatings led to the development of waterborne coatings According to unofficial data, China's total coating production in 2010 reached 9.666 million tons, an increase of 22.8% year-on-year; total architectural coatings production was 3.519 million tons, an increase of 23.7% year-on-year. From the data point of view, the development of China's paint market can be described as booming, and there are no two moments. However, in fact, the Chinese paint market is not always smooth on its development path. From the rise in raw material prices, the control of the real estate market, the “State of the Eightâ€, and the central bank’s interest rate increase, ** Setting the economic growth expectation target at around 8% has added a lot of obstacles to the development of the paint market. However, in the face of a rising industry, even if there are obstacles, it is still possible to foresee that the opportunities for the architectural paint market in 2011 will outweigh the risks. .
Despite the numerous twists and turns in the development of architectural coatings, a series of salvation policies issued by the state in 2010 also provided great opportunities for the development of architectural coatings, such as the 23 key projects for the start of the Western Development and the total investment scale is 6822. Billion-dollar projects cover railways, highways, airport construction and many other aspects, undoubtedly opening up new market space for paint products. The acceleration of the pace of urbanization in China and the construction of new industrial zones have all promoted the rapid development of the Chinese coatings industry in different aspects. As a branch of the coatings industry, water-based coatings will also be driven by this trend and occupy more market share.
The market share of waterborne coatings in China will reach 60% in the next five years
In 2010, China's total production of paint was 9.666 million tons, and water-based paint production was about 4.16 million tons. Water-based paints in China have achieved remarkable development under the general trend of paint development. In the past two years, affected by the sharp rise in crude oil prices, the price of solvent-based paints for oil-based paints has been on the rise. This has brought tremendous cost pressures to enterprises. At the same time, with the response to the environmental protection demands of the paint industry, more and more paint companies are beginning to transform. , take the water-based road. It has played an important role in the development of the water-based paint industry in China.
Nowadays, the demand for water-based coatings in the Chinese market is increasing. It has become an indispensable auxiliary material for the construction, furniture, and automotive industries. In addition, with the increasingly powerful development of China's paint industry, the water-based paint market will inevitably be driven by the overall upward trend of the paint and gain a share. In the next five years, the market share of waterborne coatings in the Chinese market may reach around 60%.
In addition to the above, water-based paints are also widely used in paper coatings, plastic coatings, glass coatings, and the like. However, at present, many paint companies have increasingly consistent product technology performance, and it is difficult for enterprises to implement differentiated strategies. Many companies have neglected independent technological innovation. However, fortunately, the Chinese paint product market has great potential for development and there is a lot of room for development. Enterprises should also grasp technological innovations so that they can maintain their leading position in the industry, improve their competitiveness and increase their economic efficiency. With China's sustained and rapid economic growth and the massive construction of infrastructure, people's awareness of environmental protection has gradually increased, and coatings will surely be on the path of being healthy, environmentally friendly and water-based, and the water-based paint industry will surely usher in a broader space for development.
Rapid growth of architectural coatings led to the development of waterborne coatings According to unofficial data, China's total coating production in 2010 reached 9.666 million tons, an increase of 22.8% year-on-year; total architectural coatings production was 3.519 million tons, an increase of 23.7% year-on-year. From the data point of view, the development of China's paint market can be described as booming, and there are no two moments. However, in fact, the Chinese paint market is not always smooth on its development path. From the rise in raw material prices, the control of the real estate market, the “State of the Eightâ€, and the central bank’s interest rate increase, ** Setting the economic growth expectation target at around 8% has added a lot of obstacles to the development of the paint market. However, in the face of a rising industry, even if there are obstacles, it is still possible to foresee that the opportunities for the architectural paint market in 2011 will outweigh the risks. .
Despite the numerous twists and turns in the development of architectural coatings, a series of salvation policies issued by the state in 2010 also provided great opportunities for the development of architectural coatings, such as the 23 key projects for the start of the Western Development and the total investment scale is 6822. Billion-dollar projects cover railways, highways, airport construction and many other aspects, undoubtedly opening up new market space for paint products. The acceleration of the pace of urbanization in China and the construction of new industrial zones have all promoted the rapid development of the Chinese coatings industry in different aspects. As a branch of the coatings industry, water-based coatings will also be driven by this trend and occupy more market share.
The market share of waterborne coatings in China will reach 60% in the next five years
In 2010, China's total production of paint was 9.666 million tons, and water-based paint production was about 4.16 million tons. Water-based paints in China have achieved remarkable development under the general trend of paint development. In the past two years, affected by the sharp rise in crude oil prices, the price of solvent-based paints for oil-based paints has been on the rise. This has brought tremendous cost pressures to enterprises. At the same time, with the response to the environmental protection demands of the paint industry, more and more paint companies are beginning to transform. , take the water-based road. It has played an important role in the development of the water-based paint industry in China.
Nowadays, the demand for water-based coatings in the Chinese market is increasing. It has become an indispensable auxiliary material for the construction, furniture, and automotive industries. In addition, with the increasingly powerful development of China's paint industry, the water-based paint market will inevitably be driven by the overall upward trend of the paint and gain a share. In the next five years, the market share of waterborne coatings in the Chinese market may reach around 60%.
In addition to the above, water-based paints are also widely used in paper coatings, plastic coatings, glass coatings, and the like. However, at present, many paint companies have increasingly consistent product technology performance, and it is difficult for enterprises to implement differentiated strategies. Many companies have neglected independent technological innovation. However, fortunately, the Chinese paint product market has great potential for development and there is a lot of room for development. Enterprises should also grasp technological innovations so that they can maintain their leading position in the industry, improve their competitiveness and increase their economic efficiency. With China's sustained and rapid economic growth and the massive construction of infrastructure, people's awareness of environmental protection has gradually increased, and coatings will surely be on the path of being healthy, environmentally friendly and water-based, and the water-based paint industry will surely usher in a broader space for development.
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