Coating industry is an important role for the national economy in many industries to serve and support. Coatings are widely used in machinery manufacturing, transportation, light industry, chemical industry, construction and other industries, are indispensable functional materials. Since 2006, China Coatings The overall production volume maintained a steady growth trend. From 2006 to 2016, China's total paint output increased by 3.74 times, which is a decade of gold development.
According to the "Industry Market Demand Forecast and Investment Strategy Analysis Report of Coating Industry" released by Qianzhan Industry Research Institute, the output of China's coatings reached 20.41 million tons in 2017, surpassing 20 million tons for the first time in 2017. In the same period, the total export volume of China's coatings products was 201,000 tons, an increase of 12.9% over the same period of last year; total imports of 187,000 tons, an increase of 7.6%; apparent consumption of 20,396,000 tons, after adjustment, an increase of 12.3%.
China's annual output of paint and growth
Source: Looking forward to the database
In recent years, the requirements for VOC emissions have been very strict in the country, and local governments have also issued the plaintext requirements to control total VOC emissions, and since January 1st, 1818, VTCs such as benzene and toluene have also been subject to environmental taxes. Therefore, the use of solvent types continues. The external cost of the coating will increase dramatically, and the economics of waterborne coatings will begin to appear.
Seen from the upstream raw materials, there are many types of raw materials for coatings, which can be broadly divided into several categories: resin, emulsion, pigment, filler, and solvent. Each category includes many types. Among them, the main resin is polyurethane. Oxygen resins; pigments are divided into organic pigments and inorganic pigments, inorganic pigments are mainly titanium dioxide, iron oxides, etc. In 2017, under the reform of the supply side and environmental protection policies, the raw materials of titanium dioxide, solvents, TDI, resins and other coatings increased significantly , caused a lot of attention.