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    Home > Coatings News > Paints and Coatings Market > Chinese enterprises have made their debut on the top stage of the world's coatings

    Chinese enterprises have made their debut on the top stage of the world's coatings

    • Last Update: 2021-03-14
    • Source: Internet
    • Author: User
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    The 2015 World
    Coatings
    Summit, with the theme of "Shaping the Future of the Industry", was held in Miami, USA, with the world's top paint figures exploring trends, challenges and solutions for the global coatings industry. Carrie attended the summit as the only representative of China's
    coatings company
    invited to speak, the first time a Chinese company has reached the top of the world's paint stage, meaning that the world's influence of Chinese paint is growing., vice chairman of the Jiabaoli Group, delivered a keynote speech on behalf of China at the summit, "Silent Rise, Quiet Forward". He introduced Carrie's entrepreneurial story and dream-by-dream history, the survival and development of China's local paint enterprises and so on. Cao Shuchao also introduced the current situation and future trends of China's coatings, expressed confidence in the future of China's paint industry. He said china overcame the United States as the world's largest producer and consumer of paints as early as 2009, with an output value of more than 340 billion yuan in 2013. However, the concentration of China's paint industry is relatively low, the top 10 enterprises market share of only 18%, far less than the United States 71% of the market share, which is a good opportunity for large-scale enterprises to integrate. With the development of China's economy, China's paint market will continue to grow at a high rate, China's current per capita paint use is only 7.2 kg / person, still far below the Level of 25 kg / person in Europe and the United States; China's further urbanization will also bring greater demand for coatings; Young people get married to buy a house, the old house renovation of the demand for paint is also huge. It is reported that the Carberry brand was founded in 1993, the annual sales of more than 3 billion yuan. In 2014, Jiabao ranked fifth in China's top paint rankings as the number one coating company in China. Carrie was ranked 43rd in the world's top 50 paints for the first time in 2011 and has been on the list ever since, ranking 35th in 2014.
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