Strong performance in downstream industries has fueled 13.4% annualized growth in the Paint Manufacturing industry in China over the five years through 2013 to reach $52.2 billion. The development of the Paint Manufacturing industry is largely dependent on demand from the Automobile Manufacturing industry and China's real estate sector, says IBISWorld.
San Francisco, CA (PRWEB) May 08, 2013
Strong performance in downstream industries has fueled 13.4% annualized growth in the Paint Manufacturing industry in China over the five years through 2013 to reach $52.2 billion. Offsetting strengthened macro-controls on China's real estate market is increasing demand from the construction of indemnificatory and low-rent houses and old house renovation, says IBISWorld.
The development of the Paint Manufacturing industry is largely dependent on demand from the Automobile Manufacturing (IBISWorld industry report 3721) industry and China's real estate sector. Although the Chinese government has been implementing strict macro-controls on the real estate market, the construction of low-income housing is speeding up, which is driving demand for architectural paint, says IBISWorld. 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 has been boosting sales of automotive paint.
The Paint Manufacturing industry in China has a low industry concentration level. This is due to the large number of small and medium-sized enterprises operating in the industry, says IBISWorld. The top four firms–Nippon, DuPont, Azko Nobel and PPG–account for about 12.1% of industry revenue in 2013.
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 4 hours ago.
San Francisco, CA (PRWEB) May 08, 2013
Strong performance in downstream industries has fueled 13.4% annualized growth in the Paint Manufacturing industry in China over the five years through 2013 to reach $52.2 billion. Offsetting strengthened macro-controls on China's real estate market is increasing demand from the construction of indemnificatory and low-rent houses and old house renovation, says IBISWorld.
The development of the Paint Manufacturing industry is largely dependent on demand from the Automobile Manufacturing (IBISWorld industry report 3721) industry and China's real estate sector. Although the Chinese government has been implementing strict macro-controls on the real estate market, the construction of low-income housing is speeding up, which is driving demand for architectural paint, says IBISWorld. 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 has been boosting sales of automotive paint.
The Paint Manufacturing industry in China has a low industry concentration level. This is due to the large number of small and medium-sized enterprises operating in the industry, says IBISWorld. The top four firms–Nippon, DuPont, Azko Nobel and PPG–account for about 12.1% of industry revenue in 2013.
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 4 hours ago.