China Powder Coatings Company put forward a new application of powder coatings
Powder coatings are solvent-free and do not release volatile organic compounds into the environment, so no additional investment is needed to purchase expensive pollution control equipment Powder coatings can easily be thicker than conventional coatings, The multiple advantages associated with this market have led to a rapid increase in the global market.The powder coatings market has enjoyed double-digit growth in China for many years, with an estimated total production of 2 million tons of powder coatings in 2016. Akzo Nobel, Axal and others The brand controls the high end of the powder coatings market in China, but Chinese powder coatings companies are rapidly catching up with technological advances and upgrading their company's production capabilities.
Domestic powder coatings companies accelerated their growth in a positive market environment
Powder coatings are often applied to metal surfaces due to their excellent protective properties and surface finishes. AkzoNobel has a presence in China and is undoubtedly the number one powder coating company in the local market. According to the company's first half financial Report, its industrial and powder coatings revenue increased 11% due to the positive trend of demand in Asia, powder coatings continue to show strong growth momentum.Akzono Bell's powder coatings in Asia, especially in China growth, and household appliances For the first half of 2017, domestic appliances sales in China reached 643 billion yuan, an increase of 15.9% over the same period in 2016. For example,
Despite the relatively low starting point of the market, powder coatings companies in China are aggressively expanding their customer base to increase capacity and expand their competitiveness through economies of scale. Fujian Wanan Group, a major domestic powder coating manufacturer in southern China, recently reported , Which saw a 36.7% increase in sales in the first half of 2017. The company is building a new 20,000-tonne powder coating plant and will start operations in 2019. Anhui Mega New Materials Co., Ltd., sales in the first half of 2017 Representing a year-on-year increase of 17.55% over the previous year, net profit rose 57.48% .Micron's clients include the United States, Oaks and Changhong and other major electrical brands.Mac Group, if you can not say the world's largest, at least, China's largest appliance maker .
China Powder Coatings introduces powder coatings to new applications
The traditional downstream market for powder coatings is becoming more competitive, with growth in some markets, such as growth in the automotive industry, slowing, so it is unavoidable that some powder coating companies are trying to penetrate new markets such as wood furniture market.
China's wood furniture market has great potential. In 2016, the revenue of the furniture industry in the PRC was 855.9 billion yuan, up 8.57% from 2015; in the first quarter of 2017, China's furniture industry's total revenue increased 12.61% over the same period of last year while its total profit increased 12.47% over the same period last year. At the same time, the environmental benefits and shorter curing times of powder coatings have driven more and more companies to conduct valuable experiments than liquid coatings.
Dongjoon Powder Co., a subsidiary of Toyo Asahi Chemical Company, is actively pushing the powder coating process into the wood furniture market, and the company now says it has the ability to paint powder coatings on medium density fiberboard (MDF) and other wood panels. , The market acceptance of powder coatings on wood surfaces is not high and Dongjoon Powder Company has done a great deal to promote its powder coating process and showcase its coated wood to its potential customers.
Similar to the U.S. market, Chinese powder coatings manufacturers are working on new applications, with companies focusing on liquid coatings as competitors for powder coatings. Technical service engineers at Liquid Coatings are reluctant to share customers with powder coating chemists Demand information, sometimes even within the same company, limits the market for powder coatings.
However, the fundamental barrier to the new application of powder coatings is the development of powder coating technology itself, which requires curing ovens, electrostatic treatment, etc. Clients may be reluctant to spend extra time and money learning new techniques, especially when they When using waterborne coatings, after all, in China, the motivation behind the transition from solventborne coatings to waterborne coatings is the promotion and compliance with environmental regulations.What should we do if waterborne coatings solve pressing environmental issues? Extra effort?
Predictably, the large-scale adoption of powder coating for wood furniture will be tedious for companies pursuing this direction and the entire market will witness this slow process.
Currently, we are still only in the initial stages of getting wood furniture manufacturers to accept powder coatings.Although some companies have pioneered the development of powder coatings for wood, most of the leading wood coatings companies such as Carpoly and Dabao are still Watch out for this new trend with caution. Mass market activities are still rare in the market.