Exploring Chinese Architectural Functional Coating Market: Identifying High-Growth Provinces
WEST HARTFORD, Conn., April 15, 2014 /PRNewswire-iReach/ -- Global Information Inc. announces the addition of a new market research report "Exploring Chinese Architectural Functional Coating Market: Identifying High-Growth Provinces" at GIIResearch.com
Chinese architectural coating market will maintain its stable growth in the near future, due to the country's ongoing urbanization as well as the huge floor space of existing buildings needing refurbishing. Functional coatings provide a way to overcome the undifferentiated and fragmented nature of the coatings segment to earn higher profit margins. We expect insulating, solar reflective, and photocatalytic coatings to grow significantly because of their low current market penetration, wide applicability to all kinds of buildings, potential to improve building efficiency and indoor environment, and supportive government policies. Insulation coatings present a better opportunity in regions with harsh winters, such as Heilongjiang, whereas solar reflective coating should target regions with high cooling energy demand, such as Guangdong, and photocatalytic coating should focus on regions with serious air pollution and high air-quality improvement targets, such as Hebei.
Table of Contents
In the growing functional coatings market, insulating, solar reflective, and photocatalytic coatings have seen high level of research activity and positive government policy drivers.
Insulating coating developers should target North China, while solar reflective and photocatalytic coatings have better opportunities in the Yangtze River Delta and Pearl River Delta.
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SOURCE Global Information, Inc.