Three Hot Spots in the Coating Demand
Year:1998 ISSUE:25
COLUMN:MARKET REPORT
Click:191 DateTime:Jan.04,2006
Three Hot Spots in the Coating Demand
Wu Xinmin and Qu Ying
According to the information from the Coating Technical
Information Seminar for Central and Western Parts of China
recently closed, building coatings, automobile coatings
and wood furniture coatings are the three hot spots in
China's coating demand today.
The coating industry in China has developed fast in the
recent years and there are already more than 4 500 coating
producers. Major producers are concentrated in Jiangsu,
Guangdong, Shanghai, Zhejiang, Liaoning, Henan and Hebei.
The output of coatings in Jiangsu was 310 000 tons in 1996
, holding the first place in China, accounting for 20% of
the national total. The output in Guangdong was 230 000
tons, being the second, accounting for 15% of the national
total. The output in Shanghai was 180 000 tons, being the
third, accounting for 12% of the national total.
The total output of coatings in China reached 1. 6582
million tons in 1997, a rise of 10. 5% over the 1. 50
million tons in 1996.
Since the reform and opening up, China has introduced from
abroad production technologies and key equipment for
building coatings, automobile coatings, corrosion
-resistant coatings and wood furniture coatings, and main
production bases of special coatings have been formed.
China has taken the automobile industry and the building
industry as major economic growth points. The demand of
building coatings, automobile coatings and wood furniture
coatings will therefore have a big increase. The apparent
consumption of coatings in China reached 1.75 million tons
in 1997, a rise of 9.4% over the 1.60 million tons in 1996
.
China is a developing country. The economy has made a
sustained and stable development in the recent years. The
total output of coatings in China ranks the 4th in the
world. The per-capita annual consumption is however far
lower than industrially advanced countries. The per-capita
annual consumption in China is only a little more than 1 kg.
It is 23 kg in the United States and 16 kg in Japan. The
population in China has reached 1.3 billion, and it is
easy to see that the coating market has a great market
potential.
It is expected that the total domestic demand of coatings
in 2000 will reach 2 million tons, 900 000 tons for
building coatings, 140 000 tons for automobile coatings
and 130 000 tons for wood furniture coatings.