Industry news
Environmentally friendly or require high liquid coatings to fade out, powder coatings will become popular
According to experts, powder coatings have become a hot product in the coatings market due to the increasing global requirements for environmentally friendly coatings. Powder coatings have low VOC content and are easy to remove. They are usually easier to construct than liquid coatings, and the formed coating film has better durability. It has become a market trend for powder coatings to replace liquid coatings. As a branch of the chemical industry, the coating industry accounts for a small proportion of the total output value of the world economy. Looking at the coatings market this year, there are several major trends in the development of the entire coatings industry in China in the future.
First, China's annual per capita furniture consumption level is low. According to statistics, China's annual per capita furniture consumption level is about US$12, which is only less than 5% compared with the developed countries in the United States and Europe. In particular, the share of furniture in the second and third tier markets and the broad rural market is even lower. This also brings huge opportunities for the development of the furniture industry and makes the coating industry a huge prospect. Secondly, due to the increasing global requirements for environmentally friendly coatings, powder coatings have become a popular product in the coatings market. Powder coatings have low VOC content and are easy to remove. They are usually easier to apply than liquid coatings, and the formed coating film has better durability. It has become a market trend for powder coatings to replace liquid coatings.
According to experts, it will take some time and effort for Chinese paint brands to break through layers of strong players and enter the ranks of the world rankings. In China, powder coatings may replace the status of liquid coatings. The future seems to be very promising and there are corresponding conditions.