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Breaking News

Research and Markets Adds New Study to Offerings

September 5, 2011

DUBLIN - Research and Markets announced the addition of "China Anti-Corrosion Coating Industry Report, 2010-2011" to its offerings.

Recent years have seen fast-growing developments in China's anti-corrosion coatings industry, with producers numbering over 650, and the varieties becoming more multifunctional. In 2010, the output of industrial anti-corrosion coatings realized 2.18 million tons, up 25.3 percent year-on-year, making up 22.6 percent of the total. In particular, the output of heavy anti-corrosion coatings increased by 11.2 percent year-on-year to 1.59 million tons, accounting for 72.9 percent of the total output of industrial anti-corrosion coatings.

By application, anti-corrosion coatings consist of concrete anti-corrosion coatings, automotive anti-corrosion coatings, ship anti-corrosion coatings, construction steel structure coatings and wind-power anti-corrosion coatings. Because the concrete anti-corrosion coatings market scale is influenced by investments in railway, road, bridge, port, power plant and chemical industries, the present demand approximates 50,000-100,000 tons per year.

In 2010, China's output of automotive anti-corrosion coatings registered 882,000 tons, accounting for 40.5 percent of the total output of industrial anti-corrosion coatings.

Coatings demand for the shipping industry in China rose by 7.9 percent year-on-year to 410,000 tons in 2010. In particular, the consumption for ship construction reached 220,000 tons, while that for ship repair touched approximately 190,000 tons.

In 2010, China's output of container coatings attained 100,000 tons, making up 4.6 percent of the total output of industrial anti-corrosion coatings in 2010.

Since 2006, the Chinese construction industry embraced a new era of development. In 2009, China's output value of construction steel structure coatings hit RMB3 billion, up 12 percent year-on-year. Multinational corporations held the leading position. In 2009, the combined market share of companies such as Jotun, COSCO Kansai Paint & Chemicals, AkzoNobel, PPG and Hempel realized 24.8 percent.

In 2009, China's consumption of wind-power coatings achieved 26,000 tons. Hempel, Jotun, AkzoNobel and PPG are major tower coating providers, with Hempel ranking first in terms of market share. Mankiewicz, PPG and BASF are leading manufacturers in the blade coating market.

For more information, visit http://www.researchandmarkets.com/research/4b89f1/china_anti_corrosion_coating_industry_report.  

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