China’s Coating Industry

The coating markets in developed countries are saturated and are now developing towards maturity after a rapid development.The developing countries and regions，however，have turned to be the new increase point of global coating industry considering the huge market potentials.It is estimated that some 70%increase will appear in Asia coating markets in the next 5-10 years while China is going to be the most active market with the fastest development.

The national economy decides the coating market development.China’s economy will witness a continually steady growth in the future.As for the downstream industries，the rapid development of automotive and real estate industry is about to bring great business opportunities for coating manufacturers and dealers.

Furthermore，huge potential demand may happen on green and energy-saving coatings.

According to the statistics of Ministry of Construction，China has 40 billion square meters of existing buildings，and of these，nearly one-third（about more than 13 billion square meters）needs an energy-saving reconstruction.It will cost about RMB 2.6 trillion calculated by RMB 200 per square meter，which means huge business opportunities in green and energy-saving coating market.

With the data sourced from National Bureau of Statistics，China Customs，Bureau of Statistics of Light Industry，China National Coatings Industry Association and coating manufacturers，the report makes an in-depth analysis on the economic feature，competition and future development of China’s coating industry.It is a good reference for coating manufacturers，retail firms and investment institutes to understand the industry and make the right decision.

hancheng

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