Features

Investments In China Continue To Expand

As the paint, coatings, adhesives and sealants industries continue to grow in China so too does the amount of investments being made there by manufacturers. Pictured above, Henkel recently started construction for its 150,000 square-meter adhesives factory in Shanghai Chemical Industry Park. The new facility will be the main adhesives manufacturing base in China and the Asia-Pacific region.

Tim Wright, Editor10.10.12

The paint and coatings industry has put a tremendous emphasis on the Chinese market where the largest international paint manufacturers all have built major operations and continue to invest there.

Chinese paints and coatings consumption reached just over 11 million tons in 2011. More than one-third of the market was occupied by architectural coatings. This dynamic market has continued its growth trajectory despite the global economic recession by focusing on domestic market demand in the construction, automotive, and home appliances and consumer electronics sectors.

Hosting key events, such as the Beijing Olympic Games in 2008, Shanghai World Expo in 2010 and Guangzhou Asian Games in 2010, China has stimulated huge amounts of investment in the country’s infrastructure. China has continued to invest in infrastructure development, including new bridges, landmark city buildings, alternative energy facilities, nuclear generation plants, schools, and hospitals.

These factors have all contributed to double-digit growth in the Chinese coatings market year every year since 2002, with the exception of 2008, according to IRL’s re