mestic participants will have to find a way
around investors’ hesitation, as they will
be eager for higher spending on brand development and management of products
as Asians prefer well-recognised brands.
One way to engage foreign companies is
through merger and acquisitions with the
local companies, says the analyst of this
research. Such alliances will reduce foreign investors’ cost of setting up a distribution hub in the country and enhance
their product penetration in the local market. Companies could collaborate with
national research centres to reduce the
cost of R&D and ensure that product
quality meets international standards.
Manufacturers in the more affluent
countries have a more optimistic outlook,
as consumers are highly appreciative of
product innovations. Rising environmental awareness and the demand from the
middle class population have popularised
eco-friendly paints and coatings. Most of
the decorative products available in the
market are water-based and have low or
almost zero levels of volatile organic compound (VOC) emissions. Dirt-resistant
paints that are more durable are proving
to be significant revenue generators, as are
innovative heat-reflective paints in the
tropical countries. Manufacturers will be
looking to create a type of OEM coating
product that can withstand various temperature and humidity conditions, notes
the analyst. This will save manufacturers
time and costs on the production of customized industrial products.
China’s anti-corrosion coating
industry continues fast
development
Research and Markets has published a
new report titled, “China Anti-Corrosion
Coating Industry Report, 2010-2011.”
Recent years have seen fast-growing de-
velopments in China’s anti-corrosion
coating industry, with the producers num-
bering over 650 and the varieties becom-
ing more multi-functional. In 2010, the
output of industrial anti-corrosion coat-
ing realized 2.18 million tons, up 25. 3
percent year-on-year, making up 22. 6 per-
cent of the total. In particular, the output
of heavy anti-corrosion coating increased
by 11.2 percent year-on-year to 1.59 mil-
lion tons, accounting for 72. 9 percent of
the total output of industrial anti-corrosion coating.
By application, the anti-corrosion coating consists of concrete anti-corrosion
coating, auto anti-corrosion coating, ship
anti-corrosion coating, construction steel
structure coating and wind power anti-corrosion coating. Because the concrete
anti-corrosion coating market scale is influenced by the investments in the railway,
road, bridge, port, power plant and chemical industries, the present demand approximates 50,000-100,000 tons per year.
In 2010, China’s output of auto anti-corrosion coating registered 882,000 tons,
accounting for 40. 5 percent of the total
output of industrial anti-corrosion coating. Moreover, domestic OEM coating
and plastic parts coating market is dominated by international brands, with the
market share of OEM coating occupying
75 to 80 percent. By contrast, the refinish
coating market is occupied by home-grown brands, with the market share approximating 75 percent.
In 2010, the total demand of shipping
industry of China rose by 7. 9 percent
year-on-year to 410,000 tons. In particular, the consumption for ship construction
reached 220,000 tons, while that for ship
repair touched approximately 190,000
tons. Due to the effects of the global financial crisis on the shipping industry, the
ship anti-corrosion coating market is expected to maintain growth with the development of the shipping industry.
In 2010, China’s output of container
coating attained 100,000 tons, making up
4. 6 percent of the total output of industrial anti-corrosion coating in 2010. Industrial heavyweights including COSCO
Kansai Paint & Chemicals, Hempel, KCC
and Chugoku Marine Paints have long
been occupying a more than 90 percent
market share of China’s container coating
market. However, the figure declined to
77 percent in 2009 due to the global economic chaos.
Since 2006, the construction industry
of China embraced a new era for further
development. In 2009, China’s output
value of construction steel structure coating industry hit RMB3 billion, up 12 percent year-on-year. In particular,
multinational corporations hold
the leading position. In 2009, the
combined market share of companies such as Jotun, COSCO
Kansai Paint & Chemicals, AkzoNobel,
PPG and Hempel realized 24. 8 percent.
In 2009, China’s consumption of wind
power coating market achieved 26,000
tons. Particularly, Hempel, Jotun, AkzoNobel and PPG are major tower coating providers, with Hempel ranking in
first place in terms of market share. In addition, Mankiewicz, PPG and BASF are
leading manufacturers in the blade coating market. Although Chinese equivalents
are latecomers with a focus on the wind
power coating market, many enterprises,
such as Northwest Yongxin Chemical Industry, have taken the first step towards
the industry.
Advanced ceramics market in
the US - 2011 report on the
$10.5 billion industry
Research and Markets has published a
new report titled, “Advanced Ceramics
Market in the US.” An advanced ceramic
is a value-added technical ceramic, which
is a type of ceramic exhibiting a high degree of industrial efficiency. Currently,
the industry worth is approximately
$10.5 billion, the report says. The demand for advanced ceramics in the
United States is expected to grow by almost four percent on a yearly basis
through 2012. Growth in the electronic
component market will be based on materials substitution, as ceramics gain use
over alternatives. The medical product
market will grow the fastest, benefiting
from the increasing use of ceramics in
joint implants and dental procedures.
Advanced ceramics can be used in personnel protection, E/O packaging, aero-propulsion, power generation, and
industrial processing equipment to name a
few. Examples of specific uses for advanced ceramics include gas turbine airfoils, rotors, combustors, and exhaust,
E/O laser positioning mirrors and packaging, armor, furnace radiant heaters and
fans hot gas filtration etc. Benefits reported from these applications include improvements in productivity, operating
cost, performance, and quality. CW
