
"Smog and haze weather" has become one of the subjects most concerned by the people. In 2014, we will attach unprecedented importance to the ecological environment, advance ecological protection projects with unprecedented efforts, and tackle environmental violations in accordance with laws and regulations with unprecedented iron fists, and strive to create a beautiful environment with a long-lasting blue, long green, and long water.
Specific to the coatings chemical industry, environmentally friendly, resource-efficient water-based coatings are encouraged to develop products. The water-based car paint should reach 70%, and the water-based coating of furniture in home improvement should reach 30%. Guangdong Province strives to achieve a waterborne coating ratio of more than 60% by 2015.
Chenyang Group, Zhongnan Coatings, Ketian Chemical, Huilong Coatings, and PPG and other paint companies have expanded water paint production capacity, and some of them plan to build new water paint projects. Waterborne environmental protection coatings have become the main theme of the industry development in 2014. Due to factors such as hardness, construction, etc., and high cost, water-based paints have made the water-based paint market develop slowly in the country, with a market share of less than 10%. The use of water paint is relatively early in the world, and the use rate of water-based paint in Europe has reached 80% - 90%. Therefore, the future of China's water-based paint market is huge.
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