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Analysis of the supply and demand status of China's anti-corrosion coating industry in 2020

  • Categories:Industry News
  • Author:
  • Origin:Forward-looking economist
  • Time of issue:2020-04-14
  • Views:0

Analysis of the supply and demand status of China's anti-corrosion coating industry in 2020

(Summary description)With the rapid development of China's economic construction, there have been unconventional growth in many fields such as construction, transportation, petrochemicals, hydropower, etc., which has driven the rapid growth of the demand for related products. Under this situation, the anti-corrosion coatings market in China has seen a gratifying situation in recent years, and the market scale has continued to expand.

  • Categories:Industry News
  • Author:
  • Origin:Forward-looking economist
  • Time of issue:2020-04-14
  • Views:0
Information

With the rapid development of China's economic construction, there have been unconventional growth in many fields such as construction, transportation, petrochemicals, hydropower, etc., which has driven the rapid growth of the demand for related products. Under this situation, the anti-corrosion coatings market in China has seen a gratifying situation in recent years, and the market scale has continued to expand. At present, China's anti-corrosion coating products are in a stage of relatively balanced supply and demand. For many years, the production and sales balance rate has been above 95%. Among them, Guangzhou is the main production and sales area of anti-corrosion coatings, and the proportion of production and sales revenue accounts for more than 20% of the national coating online. coatingol.com.

The supply of anti-corrosion coating industry grows faster

In recent years, China's anti-corrosion coatings have developed rapidly. From 2010 to 2019, China's overall supply of anti-corrosion coatings has shown a rapid growth trend. Only in 2018, production has declined. 25.7%; in 2019, China’s total output of anticorrosive coatings was 5.35 million tons, a year-on-year increase of 18.4%, accounting for 22.2% of total coatings output.

The largest proportion of output in Guangzhou

In terms of the regional distribution of production, according to the data released by the National Bureau of Statistics, in 2018, the output of the anticorrosion coating industry ranked first in Guangdong Province, with 1.013 million tons, accounting for 22.41% of the national proportion; followed by Shanghai, 2018 The annual output is 514,100 tons, accounting for 11.37% of the national total.

Industry sales scale exceeded 100 billion yuan

From 2010 to 2017, the sales revenue of China's anti-corrosion coatings industry showed an overall growth trend, and the growth rate fluctuated. In 2017, the industry achieved sales revenue of 104.51 billion yuan, an increase of 5.11% year-on-year. Realized sales income of 85.721 billion yuan, a year-on-year decline of 17.98%. According to forward-looking estimates, in 2019, the anti-corrosion coatings industry will achieve sales revenue of approximately 101.2 billion yuan, an increase of 18% year-on-year.

The total sales revenue of the top ten regions accounted for more than 80%

According to the statistics released by the National Bureau of Statistics, the province and city with the highest sales revenue in China's anti-corrosion coatings industry in 2018 was Guangdong, with a total of 21.15 billion yuan, accounting for 23.15% of the industry's sales revenue, and sales revenue ranking The total sales revenue of the top ten regions was 76.99 billion yuan, accounting for 84.82% of the industry's sales revenue

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