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In the past few years, the global chemical industry has carried out a series of mergers and acquisitions.
At present, although the concentration of some sub-sectors, especially the industrial gas and agrochemical industries, is close to a high point, there are still opportunities for continued integration in some sub-sectors.
Relevant industry executives have recently stated that they are still facing pressure from business development and business portfolio optimization this year.
Most observers believe that the near-term integration will be a hot spot in the coatings industry.
There may be some giants in the international coatings industry with a market value of up to 135 billion US dollars .
Coatings industry
recently, PPG announced on December 14 that it has reached a final agreement with the acquisition of Whitford Worldwide Company, and the transaction is expected to be completed in the first quarter of 2019.
PPG's research and development organization will use Whitford's leadership in the field of low friction and non-stick coatings to provide a strategic complement to PPG's strong portfolio of industrial coating solutions.
Not long ago, Nippon Paint and Mecca Coatings Shanghai held a cooperation signing ceremony.
Nippon Paint China will acquire Mecca Coatings Co.
, Ltd.
and Mecca Coatings (Nantong) Co.
, Ltd.
(collectively referred to as "Mecca") 70% of the shares.
After the acquisition, Nippon Paint China will fully enter the field of container and wind power infrastructure.
Both of these areas have strong growth potential in the Chinese industrial coatings market.
Coincidentally, Guangxin Materials acquired the entire equity of Changxing (Guangzhou) Fine Coatings Co.
, Ltd.
, more than 60% of the equity of Chuangxing Fine Chemicals (Shanghai) Co.
, Ltd.
, and Jiangsu Hongtai, the leader in UV curing coatings.
These three acquisitions can be described as "fast, ruthless and accurate".
Especially the acquisition of Hongtai shows that Guangxin Materials attaches great importance to the coatings business.
This year, the domestic demand for UV-curable coatings has increased by 18% compared with last year.
The market space is very promising.
After the acquisition of Jiangsu Hongtai, the business scope of Guangxin Materials will be expanded to the field of UV-curing coatings.
At the “415” industrial conference held earlier, Zhejiang Baibu Economic Development Zone (Baibu Town) actively promoted Zhejiang Delphi New Building Materials Co.
, Ltd.
and the world's leading paint company Kansai Paint to reach a strategic cooperation, and the acquisition of Delphi New Building Materials 51 % Of the equity is developing new material projects in the district (town).
Delphi New Building Materials is mainly engaged in the research and development, production and sales of exterior wall coatings.
Therefore, this acquisition also reflects Kansai Paint's confidence in the development of exterior wall coatings.
In the coatings industry, leading companies continue to acquire small companies, and large-scale mergers and acquisitions are also being conducted among large companies.
The integration of the coatings industry is to meet the needs of the global development of the business.
According to statistics, the demand for coatings in Asia is growing faster than other regions, and the consumption in this region accounts for 50% to 55%.
In the Asia-Pacific region, small and medium-sized manufacturers with annual sales of less than US$500 million account for approximately 60% of the coatings market.
The Asia-Pacific region is the world's largest consumer market for coatings.
In the future, this situation is expected to gradually change with the acquisition of small companies by large companies and the in-depth implementation of the globalization strategy of industry giants.
In the coatings industry, leading companies continue to acquire small companies, and large-scale mergers and acquisitions are also being conducted among large companies.
The integration of the coating industry is to meet the needs of the global development of the business.
According to statistics, the demand for coatings in Asia is growing faster than other regions, and the consumption in this region accounts for 50% to 55%.
In the Asia-Pacific region, small and medium-sized manufacturers with annual sales of less than US$500 million account for approximately 60% of the coatings market.
The Asia-Pacific region is the world's largest consumer market for coatings.
In the future, this situation is expected to gradually change with the acquisition of small companies by large companies and the in-depth implementation of the globalization strategy of industry giants.
At present, although the concentration of some sub-sectors, especially the industrial gas and agrochemical industries, is close to a high point, there are still opportunities for continued integration in some sub-sectors.
Relevant industry executives have recently stated that they are still facing pressure from business development and business portfolio optimization this year.
Most observers believe that the near-term integration will be a hot spot in the coatings industry.
There may be some giants in the international coatings industry with a market value of up to 135 billion US dollars .
Coatings industry
recently, PPG announced on December 14 that it has reached a final agreement with the acquisition of Whitford Worldwide Company, and the transaction is expected to be completed in the first quarter of 2019.
PPG's research and development organization will use Whitford's leadership in the field of low friction and non-stick coatings to provide a strategic complement to PPG's strong portfolio of industrial coating solutions.
Not long ago, Nippon Paint and Mecca Coatings Shanghai held a cooperation signing ceremony.
Nippon Paint China will acquire Mecca Coatings Co.
, Ltd.
and Mecca Coatings (Nantong) Co.
, Ltd.
(collectively referred to as "Mecca") 70% of the shares.
After the acquisition, Nippon Paint China will fully enter the field of container and wind power infrastructure.
Both of these areas have strong growth potential in the Chinese industrial coatings market.
Coincidentally, Guangxin Materials acquired the entire equity of Changxing (Guangzhou) Fine Coatings Co.
, Ltd.
, more than 60% of the equity of Chuangxing Fine Chemicals (Shanghai) Co.
, Ltd.
, and Jiangsu Hongtai, the leader in UV curing coatings.
These three acquisitions can be described as "fast, ruthless and accurate".
Especially the acquisition of Hongtai shows that Guangxin Materials attaches great importance to the coatings business.
This year, the domestic demand for UV-curable coatings has increased by 18% compared with last year.
The market space is very promising.
After the acquisition of Jiangsu Hongtai, the business scope of Guangxin Materials will be expanded to the field of UV-curing coatings.
At the “415” industrial conference held earlier, Zhejiang Baibu Economic Development Zone (Baibu Town) actively promoted Zhejiang Delphi New Building Materials Co.
, Ltd.
and the world's leading paint company Kansai Paint to reach a strategic cooperation, and the acquisition of Delphi New Building Materials 51 % Of the equity is developing new material projects in the district (town).
Delphi New Building Materials is mainly engaged in the research and development, production and sales of exterior wall coatings.
Therefore, this acquisition also reflects Kansai Paint's confidence in the development of exterior wall coatings.
In the coatings industry, leading companies continue to acquire small companies, and large-scale mergers and acquisitions are also being conducted among large companies.
The integration of the coatings industry is to meet the needs of the global development of the business.
According to statistics, the demand for coatings in Asia is growing faster than other regions, and the consumption in this region accounts for 50% to 55%.
In the Asia-Pacific region, small and medium-sized manufacturers with annual sales of less than US$500 million account for approximately 60% of the coatings market.
The Asia-Pacific region is the world's largest consumer market for coatings.
In the future, this situation is expected to gradually change with the acquisition of small companies by large companies and the in-depth implementation of the globalization strategy of industry giants.
In the coatings industry, leading companies continue to acquire small companies, and large-scale mergers and acquisitions are also being conducted among large companies.
The integration of the coating industry is to meet the needs of the global development of the business.
According to statistics, the demand for coatings in Asia is growing faster than other regions, and the consumption in this region accounts for 50% to 55%.
In the Asia-Pacific region, small and medium-sized manufacturers with annual sales of less than US$500 million account for approximately 60% of the coatings market.
The Asia-Pacific region is the world's largest consumer market for coatings.
In the future, this situation is expected to gradually change with the acquisition of small companies by large companies and the in-depth implementation of the globalization strategy of industry giants.
