The total output of paints from January to April 2018 was 5,366,700 tons.
Release time ：2018-08-15 Click ：5516
From January to April 2018, the total output of China's coatings was 5.366 million tons, and the growth rate of production was 1.3% lower than that of the same period in 2017. The situation is even more severe. The main reason for the decrease in production growth rate is that the environmental protection situation of high pressure does not decrease, which not only has a certain impact on the coatings production enterprises, but also has a more obvious impact on the downstream application industry. The order volume growth is slow at the beginning of the year, and the use of coatings has increased sharply in the middle and late 2018. Next, the growth rate will pick up. With the environmental protection and high pressure pushing the industry's green transformation and technological innovation, green development has become a consensus, and environmentally friendly products have a large space for development, which will become the growth point in the second half of the year.
From January to April 2018, the main business income of the whole industry was 105.972 billion yuan, an increase of 5.4% over the same period of last year. The main reason for the decrease in growth rate in January-April was: the environmental protection situation was severe, and coatings and upstream and downstream enterprises showed a dilemma of suspending production and resuming production difficulties.
From January to April 2018, the total profit of the whole industry was 6.301 billion yuan, an increase of 2.9% over the same period of 2017. The profit rate of the whole industry was about 5.95%. The growth rate of profit margin in January-April was -2.2%, a decrease of 6.69 percentage points from the same period in 2017, and an increase of 6.83 percentage points from January to March. The main reason for the decrease in profit margin is that environmental protection pressure has led to a significant increase in environmental protection investment and treatment costs; the price of bulk raw materials has risen, and the profit margin of coatings companies has decreased.
With the development of the industry, environmental protection, green, and innovation have become the characteristics of the operation of the coating industry. Active environmental protection and green development have become the industry consensus. Secondly, talent education, executive training, special training, and field training have become another major feature of the industry.
In terms of raw materials, the price of some chemical raw materials continued to rise in 2017 in 2018. Bulk raw materials such as titanium dioxide, TDI/MDI, n-butanol, epoxy resin, etc., will remain at a high level. The cost of raw materials for coatings has become an important reason for restricting the development of the industry. In addition, in the first half of 2017-2018, the Fed’s continuous interest rate hike caused the depreciation of the RMB to intensify; the United States increased tariffs in the name of 301 investigations by economies such as China and the EU, which ultimately led to global multilateral trade being challenged. The increase in tariffs directly affected machinery, automobiles, and The export rate of toys, furniture and other industries has dropped sharply, which indirectly affects the output of the paint and pigment industry.
From January to April 2018, the main business income of the whole industry was 105.972 billion yuan, an increase of 5.4% over the same period of last year. The main reason for the decrease in growth rate in January-April was: the environmental protection situation was severe, and coatings and upstream and downstream enterprises showed a dilemma of suspending production and resuming production difficulties.
From January to April 2018, the total profit of the whole industry was 6.301 billion yuan, an increase of 2.9% over the same period of 2017. The profit rate of the whole industry was about 5.95%. The growth rate of profit margin in January-April was -2.2%, a decrease of 6.69 percentage points from the same period in 2017, and an increase of 6.83 percentage points from January to March. The main reason for the decrease in profit margin is that environmental protection pressure has led to a significant increase in environmental protection investment and treatment costs; the price of bulk raw materials has risen, and the profit margin of coatings companies has decreased.
With the development of the industry, environmental protection, green, and innovation have become the characteristics of the operation of the coating industry. Active environmental protection and green development have become the industry consensus. Secondly, talent education, executive training, special training, and field training have become another major feature of the industry.
In terms of raw materials, the price of some chemical raw materials continued to rise in 2017 in 2018. Bulk raw materials such as titanium dioxide, TDI/MDI, n-butanol, epoxy resin, etc., will remain at a high level. The cost of raw materials for coatings has become an important reason for restricting the development of the industry. In addition, in the first half of 2017-2018, the Fed’s continuous interest rate hike caused the depreciation of the RMB to intensify; the United States increased tariffs in the name of 301 investigations by economies such as China and the EU, which ultimately led to global multilateral trade being challenged. The increase in tariffs directly affected machinery, automobiles, and The export rate of toys, furniture and other industries has dropped sharply, which indirectly affects the output of the paint and pigment industry.