Chinese Anti-Corrosive Coatings Market Report 2014

DUBLIN, IRELAND, Jul. 2 (Korea Bizwire) – Research and Markets (http://bit.ly/TEpTpK) has announced the addition of the the “Chinese Anti-corrosive Coatings Market Report 2014″ report to their offering.

This study provides an in-depth understanding of the anti-corrosive coating market in Mainland China. This study focuses on the coatings market, broken down into its main product segments by resin type – epoxy, polyurethane, rich zinc primer, alkyd, fluorocarbon, acrylic resin, and chlorinated rubber. The report is based on a study of the production, sales, distribution and application of anti-corrosive coatings across China, and in their predominant end-user industries (target market). Included is a quantitative and qualitative assessment of the market’s size, trends, development, key participants and opportunities.

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

Companies Mentioned:

–  3M
–  AkzoNobel
–  BASF
–  Beijing BSS Corrosion Protection Industry
–  COSCO Kansai Paint & Chemicals
–  Carboline Dalian Paint
–  China Paints (Shenzhen)
–  Chongqing Sanxia Paint
–  Chugoku Marine Paints (Shanghai)
–  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

For more information visit http://www.researchandmarkets.com/research/6hf4pm/assessment_of

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Source: Research and Markets (via Marketwired)