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2016 Coating Market Development Trend

2016 Coating Market Development Trend

  • Categories: Company News
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  • Time of issue:2021-05-11 19:19
  • Views: 88

2016 Coating Market Development Trend

(Summary description) Looking at the development of China's coatings industry in recent years, it can be described as "rapid". According to relevant data, China's coatings production has been 2.415 million tons since 2003. It increased to 17.6 million tons, with an output value of 415 billion yuan, a growth rate of 7% - 8%. Some experts predict that in 2016, China's paint output may reach 19.5 million tons, with an output value of 454 billion yuan. It can be seen that China's paint industry has developed into a thriving sunrise industry.

  • Categories: Company News
  • Author:
  • Origin:
  • Time of issue:2021-05-11 19:19
  • Views: 88
Information

Looking at the development of China's coatings industry in recent years, it can be described as "rapid". According to relevant data, China's coatings production has been 2.415 million tons since 2003. It increased to 17.6 million tons, with an output value of 415 billion yuan, a growth rate of 7% - 8%. Some experts predict that in 2016, China's paint output may reach 19.5 million tons, with an output value of 454 billion yuan. It can be seen that China's paint industry has developed into a thriving sunrise industry.

 Under such a form, the biggest beneficiaries are undoubtedly the paint companies and distributors. However, the market changes unpredictably, and any "movement" in the industry will affect its development, so both potential dealers and dealers who want to change franchise brands are all concerned about the trends of the coatings market in 2016.


The implementation of industry standards, the coating market in 2016 will be more standardized

Since 2015, industry standards have been introduced one after another. On January 1, the "strictest in history" environmental protection law was officially implemented, which intensified efforts to crack down on polluting enterprises. As a highly polluting chemical industry, coatings are inevitably constrained by environmental protection policies. Therefore, the only way out for paint companies is to upgrade and transform and produce environmentally friendly paints.
From February 1, the state began to levy a 4% paint consumption tax on paint companies, but the paint with a VOC content of ≤ 420 g/L in the construction state can be exempted from the consumption tax. If the enterprise fails to meet the standard, then this paint consumption tax will also be a big expenditure. If paint companies want to be exempt from consumption tax, they need to speed up the pace of transformation and upgrading, strictly comply with national standards, and control the content of VOCs.

After the adjustment of the whole year in 2015, by 2016, the paint market will undoubtedly become more standardized, which is a test for paint companies, but it is a good thing for the intended paint dealers. When the industry adjusts, some companies with insufficient strength will naturally be eliminated, leaving some more excellent companies, which provides convenience for dealers to choose powerful coating cooperative brands. Among them, Nippon Paint, Mickey Children's Paint, Dulux and other paint brands that have withstood the test have become the brands that many dealers intend to cooperate with.

Children's paint continues to be controversial, and the development in the coming year is worth looking forward to

 "Is children's paint really environmentally friendly?", "What's the difference between children's paint and ordinary paint?" For children's paint, consumers not only hope that there are truly environmentally friendly children's paint to protect children's health, but they are worried that the so-called children's paint enterprises are not enough specialized. Therefore, the controversy about children's paint has never stopped, but this also reflects consumers' attention to children's paint. At the same time, since the beginning of this year, many institutions have carried out various quality inspections on children's paints, proving that the harmful substances in children's paint products are indeed far lower than the national standards.

With the increasing awareness of children's paint in the market, many paint brands have joined the industry of children's paint. In recent years, Dulux has launched full-effect children's paint, and Nippon Paint has launched the "Little Prince" series of children's paint. Among them, there are also some forward-looking companies that have begun to specialize in the production of children's paint in the early years, and Mickey Children's Paint is one of them.
It is understood that Mickey Children's Paint is the first company in the industry to have a laboratory of children's paint scientific research center. By adding the refined resin from soybeans and coconut trees to the paint, it can not only improve the health and environmental protection performance of Mickey Children's Paint, but also improve the performance of children's paint. It can change the "flow performance" of the paint, and the organic substances are not easy to volatilize after the paint film is formed, which greatly reduces the indoor volatile organic substances and reduces the indoor heavy metal content.

The market share of water-based paint is increasing, and business opportunities are unlimited, but brand selection needs to be cautious

With the improvement of living standards, modern consumers pay more and more attention to environmental protection and health, so more and more people start to pay attention to the water-based paint market, which can be described as unlimited business opportunities. Therefore, when some coating companies have invested a lot of manpower and financial resources in the research and development of water-based coating products and achieved certain results, many companies swarmed and crowned their products with water-based, ultra-low VOC, zero VOC, and environmental protection. Health and other names in the hope of gaining benefits in new areas. With the increase in the market share of water-based paint, water-based paint and coatings companies are "mixed", and prospective dealers need to be more cautious when choosing cooperative brands.

For those companies that have just transformed to produce water-based coatings, it will take some time to achieve mature technology and build a brand. Some companies that have already produced water-based paint have more mature technology and have opened up the market, so it is more advantageous for dealers to choose to cooperate with them. It is worth mentioning that in addition to the production of children's paint, the aforementioned Mickey children's paint has also done a lot of research in the production of water-based paint. In terms of technology, Mickey Children's Paint adopts advanced IPS+ technology. By selecting low-odor raw materials and using reasonable formula design, on the basis of retaining the excellent functions of the all-round alkali-resistant primer, the residue in the product is greatly reduced. The odor and VOC content have passed a number of national professional tests.

Numerous "movements" in the paint industry can be said to provide a "guide" for brand selection to prospective dealers. However, as for how to choose, you still need to pay more attention to the industry trends and make your own judgment.

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