Arnold Wang, China Correspondent
Based on the report released by China National Coatings Industry Association, the total coatings out- put of China reached 13.03 million tons in 2013, an
increase of 3. 6 percent from 2012, but this is the lowest
growth rate in the last ten years. It is estimated that the
Chinese coatings industry is difficult to return to double
digit growth in the next two years, and the adjustment of
the structure of China’s coatings industry will continue and
might even speed up with the government releasing more
and more regulation policies.
China National Coatings Industry Association also dis-
closed that the Chinese government is planning to impose
consuming tax on restricted solvent-based coatings so that the
release of VOC can be reduced. If the policy is implemented,
the pro;t of solvent-based coatings producers will be under
more pressure, so a transition period of two to three years
will be given to these coatings producers. In large cities such
as Beijing, Shanghai, Guangzhou, Chengdu and Shenzhen,
the producers of home furniture, decorating materials, auto-
motive, re;nishes and home appliances have been requested
to produce environmental friendly products. On June 27th,
Qumei Home Furniture, whose headquarter is located in
Beijing and one of the largest home furniture producers in
China, has become the ;rst home furniture company who has
replaced solvent- based coatings with water-based coatings in
all their production lines. Those companies who do not want
to invest to meet the needs of new local environment policies
will have to move out of these cities to other remote areas.
And the other companies who have taken actions recently
to comply with local government policy in Beijing include
An impending tax on solvent-based coatings will help water-based coatings expand
market share in China.
China Coatings Industry
Speeds Up Adjustment
