China’s Anti-Corrosive Coatings Market Shows Strong Growth in Weak Economy

Research and Markets (http://www.researchandmarkets.com/research/4e0de5/assessment_of_chin) has announced the addition of the "Assessment of China's Market for Anti-corrosive Coatings" report to their offering.

This Study provides an in-depth understanding of the market for Anti-Corrosive Coatings (ACC) for marine, container and industrial applications in Mainland China. The report is based on a study of the production, sales, distribution and application of ACC based on six major product technologies, five of them resin-based (epoxy, PU, chlorinated rubber, acrylic and alkyd) and one metal-based. Included is a quantitative and qualitative assessment of the markets size, trends, development, key participants and opportunities.

This report is comprised of data and analysis of the China ACC market and presents a predominantly supply-side view in terms of market numbers. In addition to suppliers, primary research covers channel influencers, customers and end-users, and industry experts. End-users are segmented by industry and general consumption trends are provided. End-user industries are: marine, container, petrochemical, chemical, transport, construction, power, metallurgy, and Capital goods appliances.

This market study draws on a three month, in-depth primary survey of over 100 of the markets supply side and channel players. Target products are Acrylic, Polyurethane, Alkyd, Chlorinated rubber, Epoxy, and Metallic-based ACC.

Chinas market for anti-corrosive coatings (ACC) is showing robust growth in the face of weakened economic activity. Despite a drop in the number of containers and ships being produced (traditionally the biggest ACC customers), other industries such as petrochemicals, transport, construction and power have been buttressed by the Chinese governments stimulus package and are demanding higher volumes and quality. Major multi-national suppliers and several Chinese conglomerates are gearing up for sustained growth rates well in excess of GDP. However, due to uneven growth and high levels of state-ownership at the demand-side, identifying opportunities in the market requires a rigorous understanding of output, sales and consumption issues.

This market study draws on a three month, in-depth primary survey of around 100 of the markets supply side and channel players. It is essential reading for any professional needing accurate and detailed strategic information of this market.

Major areas covered include:

  • Market size and shares
  • Five-year Projections
  • Market Structure
  • New vs Recoat sales
  • Pricing trends
  • Distribution
  • Consumption
  • Assessment of key suppliers

Executive Summary:

Anti-corrosive coatings sales growing fast in China despite slump in the marine and container sectors. Market driven by government stimulus.

GCiS China Strategic Research has published a study of the China market for anti-corrosive coatings (ACC). Six product technologies sold over nine industry segments were considered and their use surveyed between Q4 2008 and Q2 2009.

The study finds that Chinese industrial are placing large and growing importance on corrosion control as a means to limit long-term costs. Domestic sales revenues grew by 10.5% in 2008 to over RMB 20 BN. This growth is expected to be sustained for the next five years and may be enhanced due to the government stimulus unveiled in late 2008, which benefits the multiple industries relying on corrosion control.

The study also found a general trend in industrial sectors (chemicals, metallurgy) towards gradual upgrading of quality standards, and growth increasingly driven by domestic demand. Recoats of existing items will be the main factor of growth in the container and marine industries however, where the global downturn had a significant impact on ACC demand.

Source: http://www.researchandmarkets.com/

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