China Coating Output Passed 6.6 Million Tons during January to July

2012 is a turning point for China coating industry. On the one hand, coating industry is developing under background low carbon economy; on the other hand, coating industry growth rate is falling. Small and medium companies are facing pressure.
During January to July, China coating output reached 6.607 million tons which raised by 10.59% compared with the same period in 2011. Guangdong province took up the largest share with coating output reached 1.28 million tons which raised by 19.41% compared with the same period in 2011. Shanghai, Jiangsu and Zhejiang listed follows that took up 12.76%, 11.12% and 8.58% respectively.
It is anticipated that China real estate market may not pick up obviously during the latter half of 2012. China coating industry had to find new developing point.