2014 Report on China's Market for Anti-corrosive Coatings
DUBLIN, Oct. 14, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "2014 Report on China's Market for Anti-corrosive Coatings" report to their offering.
The report estimates that the domestic market for anticorrosion coatings in China was worth over RMB 36 Bn in 2013, with sales of roughly 1.4 Mn Tons. The study finds that growth in 2013 was only 2.8%, far below the rapid, often double-digit growth seen in the previous few years. This was due in large part to the slow growth of key downstream industries, especially in the shipbuilding sector, which saw a strong decline in 2012 and 2013.
Domestic suppliers are mostly small manufacturers that are regionally active and benefit from long standing customer relations. The market leaders are a handful of foreign suppliers - AkzoNobel, Jotun, PPG, Hempel - that generate far more revenue than even their largest domestic competitors. Domestic suppliers are improving on technology and product quality, but for the moment the target market still offers better opportunities to suppliers of high-quality
coatings.
The report features in-depth analysis of seven key anticorrosion coating product segments, epoxy, polyurethane, rich zinc primer, alkyd, fluorocarbon, acrylic, and chlorinated rubber. It finds that the market is gradually shifting towards higher quality epoxy and polyurethane coatings. Shipbuilding and construction remain as the two largest end-user industries, followed by containers and the petrochemical and chemical industries.
The research shows that supplier confidence is high, mainly because of an expected recovery in demand from the shipbuilding sector. The author expects growth of the market will significantly improve starting from 2014.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Total Analysis
Chapter 3: Segment Analysis
Appendix I: Supplier Profiles
Companies Mentioned:
- 3M
- AkzoNobel
- BASF
- Beijing BSS Corrosion Protection Industry
- Carboline Dalian Paint
- China Paints (Shenzhen)
- Chongqing Sanxia Paint
- Chugoku Marine Paints (Shanghai)
- COSCO Kansai Paint & Chemicals
- Dalian Zhenbang Fluorocarbon Paint
- Dongying Lantian Plastic
- DuPont
- Guangzhou Pearl River Chemical Industry
- Hangzhou Paint
- Hempel
- Jiangsu Jinling Coatings
- Jiangsu Lanling Chemicals Group
- Jiangsu Yejian New Material
- Jotun Paint
- KCC Corporation
- Marine Chemical Research Institute
- Mega (Shanghai)
- Meron Paint (Qingdao)
- Nan Pao Resins (China)
- Nantong Omelon Heavy Anti-corrosion Coatings
- Nippon Paint
- Northwest Yongxin Coatings
- PPG
- Shaanxi Baotanshan Paint
- Shandong Lehua Paint
- Shandong Lunan Paint
- Shanghai Jiren Coatings
- Shanghai Kailin Paint
- Shanghai Zhenghua Heavy Industry - Changzhou Coatings
- Shenyang Jinfeima Paint
- Sherwin-Williams
- Sik
- SWD Polyurethane (Shanghai)
- Tianjin Beacon Paint
- Tianjin Zhongkangtaibo Anticorrosive Coatings
- Tianjing Dowill Paint Chemical
- Val spar
- Wuhan Twin Tigers Coatings
- Xi'an Li'ao Technology
- Yung Chi Paint & Varnish Mfg.(Kunshan)
- Zhejiang Tiannv Paint
- Zhejiang Yutong New Material
- Zhongke Yuandi Chemical Anti-corrosion Technology
- Zhongshan Daoqum Chemical
- Appendix II: Channel Profiles
- Chongqing Yongyida Commercial and Trading
- Hangzhou Huipeng Coating
- Ningbo Jiangdong Shitu Coating
- Ningbo Tuojie Coating
- Shanghai Hecai Industry Trading
- Shanghai Zhencai Chemical
- Shenzhen Huayingjie Industrial
- Shijianzhuang Tiancai Trade
- Wuhan Tiange Trade
- Zhangjiagang Shengang New Materials
Companies Mentioned:
-The Dow Chemical Company
-Cytec Industries Inc.
-Huntsman Corporation
-DSM
-Evonik Industries
For more information visit http://www.researchandmarkets.com/research/4qwlg8/assessment_of
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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