The acrylic paint industry is developing rapidly, with water-based acrylic paint as its representative product.
Acrylic paint, also known as acrylic resin paint, refers to paint made from acrylic resin as raw material, adding weather-resistant pigments and fillers, chlorosulfonated polyethylene rubber, weather-resistant additives, etc. Acrylic paint has the advantages of excellent anti-corrosion, good weather resistance, friction resistance, convenient construction, and beautiful appearance. It is widely used in the coating process of construction, automobiles, metallurgy, ships, furniture, etc.
Acrylic resin is an important raw material for acrylic paint. Acrylic resin is a high molecular polymer with good water resistance, good light resistance and good weather resistance. It is widely used in coatings, building materials, electronic and electrical fields and other fields. Driven by market demand, my country’s acrylic resin output continues to increase, reaching 1.697 million tons in 2022. Benefiting from the continuous improvement of the technological innovation level of local enterprises, the localization process of high-end acrylic resin in my country has been accelerating, which provides favorable conditions for the development of the acrylic coating industry.
In January 2022, the State Council issued the “Comprehensive Work Plan for Energy Conservation and Emission Reduction during the 14th Five-Year Plan”. The document clearly mentioned the need to vigorously promote the use of coatings with low volatile organic compound content. Against this background, my country’s coatings industry is gradually developing in a green and environmentally friendly direction. Water-based acrylic paint is a subdivision of acrylic paint. It uses amino resin, water-based acrylic resin, etc. as the main raw materials. It has the characteristics of good adhesion, low VOC residue, and resistance to various chemicals. In the future, as the prosperity of the environmentally friendly coatings industry increases, the market penetration rate of my country’s water-based acrylic coatings will increase.
According to the “2023-2028 China Acrylic Paint Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, in recent years In recent years, my country’s acrylic coating industry has accelerated its development and has been widely used in construction, automobiles, metallurgy, ships, furniture and other fields. In the construction field, acrylic paint can be used for coating floors, indoor and outdoor walls, and roofs; in the automotive field, acrylic paint can be used for car surface protection, car surface repair, etc.; in the shipbuilding field, acrylic paint can be used as an anti-corrosion coating. Painting of inner tanks of ships, anti-corrosion of hulls, etc.
Satellite Chemical Co., Ltd., Beijing Oriental Yuhong Waterproof Technology Co., Ltd., and Beijing Gaomeng New Materials Co., Ltd. are the main manufacturers of acrylic coatings in my country. Gaomeng New Materials focuses on the R&D, production and sales of coating resins, shock-absorbing materials, and adhesive materials. Currently, Gaomeng New Materials is promoting a technical transformation project with an annual output of 6,000 tons of water-based acrylic coatings and a by-product of 4,800 tons of diethylene glycol.
Industry analysts said that as an anti-corrosion coating, acrylic coating has broad application prospects in many fields. With the gradual release of market demand, The development speed of my country’s acrylic coating industry will further accelerate. Driven by national environmental protection policies, the market share of water-based acrylic coatings has gradually increased, and it is expected to become the mainstream product of acrylic coatings in my country in the future. Overall, my country’s acrylic coating industry has huge room for development.