echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Domestic demand to expand the paint industry or to meet the development of a turnaround

    Domestic demand to expand the paint industry or to meet the development of a turnaround

    • Last Update: 2021-03-14
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Affected by the economic environment, the current market environment of the entire home building materials industry is not optimistic, but the market environment, although some downturn,
    plasm enterprises
    can not be self-desist, blind pessimism. At some levels, there are still huge prospects for growth in the industry. According to industry insiders, the Current Ministry of Housing and Construction has issued a notice to encourage new commercial housing decoration in place or menu-style decoration, gradually to eliminate rough housing, directly to consumers to provide the goal of fully renovated finished housing, 4 trillion home improvement market is about to break out,
    paint
    industry may usher in a new opportunity for development.
    National demand expansion for the paint industry to bring new opportunities
    At present, with the rising domestic economy and people's living standards continue to improve, the domestic housing continues to increase, new residential decoration and old residential transformation to make the use of paint once reached the maximum value, hotel industry, catering and entertainment industry, office buildings and other markets accelerated development, but also to the development of the domestic paint market has brought a broad space. China's sustained and stable economic development, infrastructure into a period of vigorous and upward, domestic demand unprecedented expansion, but also for the paint industry to bring new opportunities.
    , the domestic paint industry has gone through nearly three decades of development, has become a large consumer of paint products production and manufacturing, in the international market development space is also growing. At the same time, China's accession to the WTO with the treatment of developing countries will promote the development of traditional textile building materials industry, which will further reduce the procurement costs of raw materials. Joining WTO will attract a large number of overseas capital inflows, for a large number of small and medium-sized paint enterprises to bring joint ventures, cooperation opportunities, with the help of external forces to enhance the paint enterprises marketing planning, quality management, product packaging and enterprise production standardized management level.
    national policy to help the paint industry market to open up
    At present, China has become the world's largest paint production country, but also an important paint consumption country. China has a population of 1.3 billion people, a huge potential consumer market has been the world's attention. At present Chinese consumption level of all coatings is still low. Therefore, it can be expected that the coating industry's coating production growth has great potential.
    the 21st century, our government proposes to speed up the pace of urbanization and small urbanization. We will comprehensively prosper the rural economy and speed up the process of urbanization in order to further stimulate the consumer market and expand the consumption sector. This national initiative will further promote China's housing construction, and thus will make housing-related industries to develop. The State Council, in accordance with the needs of social needs and development, put forward the industrialization of housing, which will lead to the standardization, series and industrialization of tens of thousands of products supporting housing.
    , although the current paint industry is facing the development of the "cold winter", but winter has come to spring will be far away? As long as the paint enterprises can keep up with the pace of market development, and constantly improve product quality and service, I believe that will usher in a new turning point in development!
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.