It is estimated that by 2020, domestic railway passenger cars, city railway buses and international rail vehicles manufactured in China will reach nearly 80,000 vehicles, and the demand for coatings is large. At present, the market share of this part is 81267 tons of solvent-based coatings, 23,424 tons of thinners, and 12.3% of water-based paints. The market potential is very large.
Affected by environmental pressures, the use of traditional solvent coatings is gradually limited, while the demand for environmentally friendly waterborne and powder coatings is improving. According to an interview with Shanghai Securities News, companies such as Shenjian (5.55, 0.00, 0.00%), which specializes in powder coatings, have adopted environmentally-friendly coatings as a key development area in the future. Currently, market demand is faster than capacity growth, and the industry is ushered in. Boom up opportunities. According to the latest data from Baichuan Information, the national coating output growth rate in July was only 3.4%, while the average growth rate of environmentally friendly coatings was close to 10%, which was significantly higher than the industry average. In addition, in late July, DuPont announced that it is planning to withdraw from the coatings business and also free up market space for domestic coatings companies.
The paint market is blowing green
Conventional solvent coatings present heavy pollutants due to the large amount of volatile organic compounds (VOCs) and heavy metals. Modern technology and medical technology have proven that organic solvents are extremely harmful to the environment and human health. The World Health Organization has included indoor air pollution as a list of the "Top Ten Human Health Killers".
China's coating industry will usher in an upgrade, environmentally friendly water-based and powder coatings will be the future development direction of the coating market. On July 20th, CCTV News Broadcasting focused on Chenyang Group. The water-based paint produced by the company is in line with the national environmental protection policy. It belongs to the key support and encouragement industries of the National Twelfth Five-Year Plan, and also indicates the propaganda-oriented intention of the policy. According to the Shanghai Coating Dyestuff Industry Association, relevant departments are formulating environmental protection policies for the coatings and dyes industries.
Europe and the United States push environmentally friendly coatings
In order to reduce the large amount of volatile organic compounds (VOCs) and heavy metals produced by traditional solvents, the EU has banned the use of oil-based coatings in home decoration since 2007. At present, environmentally-friendly water-based coatings have reached 80% in Europe. 90%.
At the same time, most European cars use coating technology for coating, and the coatings use water-based and powder coatings as much as possible. The VOCs produced by these coatings are far lower than the European emission regulations. Some advanced automotive coating lines further propose the concept of zero VOC emissions. .
The United States is also accelerating the use of environmentally friendly coatings, which is more evident in the automotive and home sectors. According to the data, from 2010 to 2015, the demand for paints and coatings in the US construction market will grow at an average annual rate of 10.8%. In 2015, the market size will exceed US$14 billion, and the automotive coatings market will also maintain a rapid increase. speed.
Environmentally friendly coating market is broad
Under the pressure of environmental protection, the use of traditional domestic solvent coatings has been gradually restricted, and environmentally friendly coatings have ushered in accelerated development, which is most obvious in the automotive field. On January 1, 2012, China officially implemented the “Regulations on the Administration of Passenger Vehicles and Products Accessâ€, and “Water-based automotive paints for intermediate coatings and topcoats†were clearly included in the “Admission Requirements for Passenger Vehicle Manufacturers and Review Requirements.
In terms of automobile repair, water-based coatings have obvious advantages over oil-based coatings. VOC emissions of water-based coatings are reduced by 60% to 70% compared with oil-based coatings, and the final repairing effect is closer to the original quality of the automobile.
According to Ni Xindi, senior vice president of PPG automotive coatings in the United States, 40% of vehicles manufactured in China currently use water-based paint, and this proportion is expected to rise to about 60% by 2015. China is currently the second largest market for PPG after the United States, with a potential market space.
It is estimated that by 2020, domestic railway passenger cars, city railway buses and international rail vehicles manufactured in China will reach nearly 80,000 vehicles, and the demand for coatings is large. At present, the market share of this part is 81267 tons of solvent-based coatings, 23,424 tons of thinners, and 12.3% of water-based paints. The market potential is very large.
Overall, environmentally friendly coating applications will usher in rapid development. In addition, DuPont of the United States withdrew from the coatings business and also vacated the market for domestic coatings companies.
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