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[China Epoxy Industry Online] News on April 18, 2005: At present, low-cost, low-grade coatings in the Chinese market occupy most of the market, while the market share of high-quality coatings is very small.
We believe that the future of coatings The market will turn and develop in the direction of high quality and high value.
In terms of industrial coatings, a few years ago, it began to develop from low-grade, low-priced to high-grade, high-priced, and it has now tended to balance.
But architectural coatings are far from reaching this balance, because there are so many low-grade, low-priced products.
Therefore, it will take some time to develop in the direction of high grade and high price.
Judging from market experience, this time will get faster and faster.
In the market, judging from our customer feedback, many customers are willing to pay more for high-quality coatings.
I estimate that in the next 10 years, more and more customers will make comparisons and trade-offs on cost performance, and are willing to spend more to buy better raw materials and produce better products.
The relevant government departments will also consider Factors such as product quality and cost performance.
In Germany, 30 years ago, such high-quality, high-value, and high-weatherability products were basically zero, and no one used them.
But 30 years later, this kind of high-quality, high-value, and high-weatherability coatings accounted for 26% of the market and became the mainstream consumer in the market.