Solvent-based paint market has shrunk dramatically

In 2014, the Chinese paint market will focus on environmental protection. According to statistics, Chinese solvent-based paint manufacturers still account for about 60% of the total number of paint manufacturers. With the current haze climate intensifying in various parts of the country, the country has begun to issue environmental protection regulations to limit the production and processing of industrial products that have a negative impact on the environment. For example, the “Action Plan for Prevention and Control of Atmospheric Pollution” promulgated in 2013, the “Guidance on Government Information for Environmental Impact Assessment of Construction Projects” and “Notice on Effectively Strengthening the Supervision and Administration of Environmental Impact Assessment” are all aimed at restricting the production of industrial products such as coatings. Measures.

Some experts predict that in the next 3-5 years, the solvent-based paint market will shrink dramatically. As a solvent-based paint manufacturer, it is necessary to change the market in order to survive. Some industry analysts pointed out that the state will gradually clear and rectify small paint manufacturers with poor paint production facilities and imperfect environmental protection facilities. At the same time, in the face of the future coating market, which is dominated by the market demand for environmentally friendly coatings, some paint manufacturers that do not meet environmental monitoring will be eliminated. For medium-sized manufacturers, they need to change their market strategies and conduct rational mergers and reorganizations to optimize internal resources.