In recent years, with the rapid development of real estate, construction and other related industries, the scale of China's paint market has expanded and it has now become the world's largest paint market.
According to the "2016-2022 China Anticorrosive Coatings Industry Market Demand Forecasting and Investment Strategic Planning Analysis Report" issued by the Industrial Development Research Institute, 2016, the sales revenue of large-scale paint enterprises in China was 435.449 billion yuan, up 5.6% year-on-year; the profit was 32.115 billion yuan Yuan, a year-on-year increase of 4.8%; the internal and external wall coating market is close to one trillion, the market demand is hitting new highs, and the market is huge.
In 2018, the annual production of paint will exceed 22 million tons, and the output value will reach 440 billion yuan.