Toluene diisocyanate manufacturer News my country’s anti-corrosion coatings market continues to grow, and the industry still has much room for improvement

my country’s anti-corrosion coatings market continues to grow, and the industry still has much room for improvement

The scale of my country's anti-corrosion coatings market maintains a growth trend, and the industry still has great room for improvement

Anticorrosive coatings refer to coatings that are coated on the surface of objects and can form a thin film under certain conditions to protect, insulate, mildew, and rust. Anti-corrosion paint can be divided into conventional anti-corrosion paint and heavy-duty anti-corrosion paint according to different anti-corrosion capabilities; according to different chemical compositions, it can be divided into acrylic anti-corrosion paint, epoxy anti-corrosion paint, polyurethane anti-corrosion paint, high chlorinated polyethylene anti-corrosion paint, etc.; according to different uses, it can be divided into It is divided into anticorrosive paint for metal, anticorrosive paint for automobiles, anticorrosive paint for ships, etc.
The upstream of the anti-corrosion coating industry chain is the supply of alkyd resins, acrylic resins, antioxidants, fillers, pigments and other materials; the midstream is the production of subdivided products; the downstream is widely used in railways, petrochemicals, marine engineering, automobile industry, energy Industry and other fields. Among them, the petrochemical industry accounts for about 16% of the downstream market demand, the railway industry accounts for about 14%, and the automotive industry and offshore engineering fields both account for about 12%.
According to the “2023-2028 China Anticorrosive Coating Project Investment Feasibility Research Report” released by the Industrial Research Center, with the growth of my country’s economy With continuous development, continuous improvement of social infrastructure construction, and continuous expansion of the scale of energy, automobile and other industries, my country’s anti-corrosion coating market has maintained a growth trend in recent years, and the industry development prospects are good. In 2017, the market size of my country’s anti-corrosion coatings was approximately 120 billion yuan. In 2022, the market size will exceed 190 billion yuan, with a compound annual growth rate of approximately 9.6% from 2017 to 2022.
From the perspective of market structure, heavy-duty anti-corrosion coatings have better anti-corrosion properties than conventional anti-corrosion coatings, can be used in harsher environments, and have a longer protection period. They account for more than 10% of the anti-corrosion coating market. 65%, which is the mainstream product in the market. As my country’s economic development level continues to improve and the pace of industrial transformation and upgrading gradually accelerates, the demand for high-quality anti-corrosion coatings in shipping, petrochemical and other fields continues to grow, driving the production of heavy-duty anti-corrosion coatings to continue to increase. In 2022, China’s heavy anti-corrosion coating production will be approximately 4.8 million tons, and the demand will be approximately 4.2 million tons.
At present, there are a large number of anti-corrosion coating manufacturers in our country, and the market competition is fierce. Foreign companies have strong competitive advantages in production technology, product quality, etc., and occupy the majority of the domestic anti-corrosion coating market share. Representative companies include Jotun Paint, Hempel, AkzoNobel, etc. Most domestic anti-corrosion coating manufacturers are small in scale, and there is a certain gap between the overall production technology and the international advanced level. There is still a lot of room for improvement in the industry. Domestic anti-corrosion coating manufacturers mainly include Lanling Chemical, Shuanghu Paint, Three Gorges Paint, etc.
Industry analysts said that as my country’s investment in infrastructure construction continues to increase and the scale of industrial production continues to expand, the market demand for anti-corrosion coatings will still be To maintain the growth trend, the industry has broad prospects for development. As market competition continues to intensify and social awareness of environmental protection continues to increase, domestic anti-corrosion coating manufacturers need to continuously improve production technology, improve product quality and environmental performance, and promote the development of the industry in a sustainable and high-quality direction.
This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.chemicalchem.com/archives/4520

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