Chinese Water-based Coating Sector Assessed by ResearchInChina in In-demand Report Published at MarketPublishers.com23 Sep 2015 • by Natalie Aster
LONDON – In spite of fast-paced development, the Chinese coating industry remains at an initial stage, with a penetration rate being low as against developed nations. In 2014, China’s production of water-based coatings amounted to around 1,648 kt, accounting for 10% of total coatings, and the market size approximated USD 7.30 billion. Fuelled by good policies, specifically the Notice of Taxation on Battery and Coating Consumption issued by the China State Administration of Taxation (SAT), the domestic water-based coating sector is poised for rapid development, with the penetration rate expected to improve as well.
China’s water-based coating marketplace is currently dominated by such overseas brands as BASF, AkzoNobel and Axalta. Furthermore, these top brands continue to expand their water-based coating capacities in the country to further increase their competitiveness.
Meantime, the domestic water-based coating producers are less competitive, and are represented by such enterprises as Shanghai Kinlita Chemical Co., Ltd., Shenzhen Rainbow Fine Chemical Industry Co., Ltd., SKSHU Paint Co., Ltd. and Zhanchen Paints Co., Ltd.
In-demand research study “China Water-based Coating Industry Report, 2014-2018” drawn up by ResearchInChina provides an up-close look at the water-based coating industry and marketplace. It covers the current performance of the industry on a global level, including development status, market sizing, etc. The report further tracks the development of the water-based coating industry in China, including its development status, associated policies, market size data, exports and imports, competitive scene, among other themes. It gives an overview of the development of downstream and upstream sectors of the country’s water-based coating industry. The research publication provides deep insights into the operations and water-based coating businesses of the 10 leading players in China. Additionally, the future outlook and forecasts of China’s water-based coating industry can be found in the study.
China Water-based Coating Industry Report, 2014-2018
Published: August, 2015
Price: US$ 2,100.00
More reports by the publisher can be found at ResearchInChina page.