In 2012, revenue for the Paint Manufacturing industry in China is set to reach $44.2 billion. The construction of indemnificatory and low-rent government housing is speeding up, which is driving demand for architectural paint. Meanwhile, strong double-digit growth in the Automobile Manufacturing industry in China has been boosting sales of automotive paint. While the majority of domestic paint manufacturers lack substantial capital and only produce a small range of products, some are beginning to adopt advanced technologies and the quality of domestic products is improving.
San Francisco, CA (PRWEB) October 27, 2012
In 2012, revenue for the Paint Manufacturing industry in China is set to reach $44.2 billion. Strong performance in downstream industries has fueled 15.8% annualized growth in the industry in the past five years, says IBISWorld. However, weakening international markets due to the European debt crisis and the appreciation of the yuan have led to declines in exports and imports over the period.
The development of the Paint Manufacturing industry is largely dependent on demand from China’s automobile and real estate sectors. The construction of indemnificatory and low-rent government housing is speeding up, which is driving demand for architectural paint. Increasing urbanization is also supporting the development of the real estate markets in China's medium-sized and small cities. Meanwhile, strong double-digit growth in the Automobile Manufacturing industry in China has been boosting sales of automotive paint.
Within the Paint Manufacturing industry in China, many manufacturers operate on a small scale and are privately owned. The majority of these lack substantial capital, technology and employees, and only produce a small range of products. The top four players, Nippon, DuPont, Akzo Nobel and Chugoku Marine Paints, are all are all foreign-invested. However, more domestic manufacturers are adopting advanced technologies and the quality of domestic products is increasing, says IBISWorld.
For more information, visit IBISWorld’s Paint Manufacturing in China industry report page.
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IBISWorld Industry Report Key Topics
The Paint Manufacturing industry in China manufactures various paints, coatings and auxiliary materials for coatings.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772. Reported by PRWeb 56 minutes ago.
San Francisco, CA (PRWEB) October 27, 2012
In 2012, revenue for the Paint Manufacturing industry in China is set to reach $44.2 billion. Strong performance in downstream industries has fueled 15.8% annualized growth in the industry in the past five years, says IBISWorld. However, weakening international markets due to the European debt crisis and the appreciation of the yuan have led to declines in exports and imports over the period.
The development of the Paint Manufacturing industry is largely dependent on demand from China’s automobile and real estate sectors. The construction of indemnificatory and low-rent government housing is speeding up, which is driving demand for architectural paint. Increasing urbanization is also supporting the development of the real estate markets in China's medium-sized and small cities. Meanwhile, strong double-digit growth in the Automobile Manufacturing industry in China has been boosting sales of automotive paint.
Within the Paint Manufacturing industry in China, many manufacturers operate on a small scale and are privately owned. The majority of these lack substantial capital, technology and employees, and only produce a small range of products. The top four players, Nippon, DuPont, Akzo Nobel and Chugoku Marine Paints, are all are all foreign-invested. However, more domestic manufacturers are adopting advanced technologies and the quality of domestic products is increasing, says IBISWorld.
For more information, visit IBISWorld’s Paint Manufacturing in China industry report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld Industry Report Key Topics
The Paint Manufacturing industry in China manufactures various paints, coatings and auxiliary materials for coatings.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772. Reported by PRWeb 56 minutes ago.