Policy to promote environmental protection paint market is facing an outbreak

Due to the increasingly severe pressure from environmental protection, the use of traditional solvent coatings is gradually limited, while the demand for environmentally friendly water and powder coatings is improving. According to an interview with Shanghai Securities News, the company's main company, Powder Coatings's Excalibur (002361, stocks), has adopted environmentally-friendly paint as a key development area in the future, and the current market demand is already faster than capacity growth, and the industry has ushered in a booming economy. . According to the latest data from Baichuan Information, the national paint production growth in July was only 3.4% year-on-year, while the average growth rate of environmentally friendly coatings was close to 10%, which was significantly higher than the industry average. In addition, in the United States in late July, DuPont announced that it is planning to withdraw from the coatings business and also free up market space for domestic paint companies.

The paint market is blowing green wind Traditional solvent coatings cause heavy pollutants due to a large number of volatile organic compounds (VOCs) and heavy metals. Modern (modern decoration renderings) technology and medical technology have proved that organic solvents have great harm to the environment and human health. The World Health Organization has included indoor air pollution in the list of "top ten human health killers."

China's coating industry will usher in upgrading, environmental protection of water and powder coatings will be the direction of future coating market development. On July 20th, CCTV News Network focused on Chenyang Group. The waterborne paint produced by the company conforms to the national environmental protection policy and belongs to the state's 12th Five-Year Plan. It also indicates the policy's propaganda-oriented intentions. According to the Shanghai Paint & Dye Industry Association, relevant departments are formulating environmental protection policies for coatings and dyes.

Europe and the United States to promote environmentally friendly coatings In order to reduce the large number of volatile organic compounds (VOC) and heavy metals generated by traditional solvents, since 2007, the European Union has banned the use of oil paints in home decoration, the current use of environmentally friendly waterborne coatings in Europe The rate has reached 80% to 90%.

At the same time, European automotive companies mostly use coating film technology for coating and use waterborne and powder coatings as much as possible. The VOCs produced by these coatings are much lower than European emission regulations. Some advanced automotive coating production lines further propose the concept of zero VOC emissions. .

The United States is also accelerating the promotion of the use of environmentally friendly coatings, which is even more apparent in the automotive and home industries. Data show that from 2010 to 2015, the demand for paint and coatings in the US construction market will grow at an average annual rate of 10.8%. In 2015, the market size will exceed US$14 billion, and the automotive coatings market will also maintain a rapid increase. speed.

Environmental protection paint market is broad Under the pressure of environmental protection, the use of domestic traditional solvent coatings has gradually been restricted, and environmentally friendly coatings usher in accelerated development, which is most evident in the automotive sector. On January 1, 2012, China officially implemented the "Management Rules for Production of Passenger Vehicles and Product Access," and "Waterborne Automotive Paints for Zhong Tu He Topcoats" was explicitly included in the "Accession Vehicle Manufacturing Enterprise Entry Requirements". Review requirements.

In terms of vehicle repair, waterborne paints have obvious advantages over oil paints. VOC emissions of waterborne paints are reduced by 60% to 70% compared to oil paints, and the final repair effect is closer to the original quality of automobiles.

According to Ni Xindi, senior vice president of PPG automotive coatings in the United States, 40% of the vehicles manufactured in China are currently using water-based paints, and this figure is expected to rise to about 60% by 2015. China is currently the second largest market for PPG after the United States, and the potential market is vast.

It is estimated that by 2020, domestic railway passenger cars, city railway passenger cars and international rail vehicles manufactured in China will reach nearly 80,000 vehicles, and the demand for paint will be greater. At present, the market share of this part is 81,267 tons of solvent-based paint, 23,424 tons of thinner, and only 12.3% of water-based paint, which has great market potential.

Overall, environmental protection coating applications will usher in rapid development. In addition, the US DuPont Company withdraws from the coating business, also freeing up the market for domestic paint companies.

Excalibur Co., Ltd. is the largest powder coating polyester resin manufacturer in China and has an annual production capacity of 95,000 tons of polyester resin. The company's polyester resin products have long served as AkzoNobel, the global leading paint supplier, and Haier, Gree, Samsung, LG and other high-end customers provide supporting services. According to the prediction of the industry association, the market demand for special polyester resins for powder coatings will exceed 650,000 tons/year within the next five years. The company strives to achieve its business goal of achieving a domestic market share of polyester resin of more than 20% and a sales revenue of approximately 3 billion yuan during the “12th Five-Year Plan” period.

Jin Li Tai company's main electrophoretic water-based paint, electrophoretic and ceramic water-based paint production accounted for more than 70% of the company's various types of paint products. At present, cathodic electrophoretic coatings are widely used as automotive body primers, and annual sales growth is also more than 20%, and domestic demand is about 79,300 tons. With increasingly stringent environmental protection requirements and steady growth in vehicle output, the Agency expects that demand for cathodic electrodeposition coatings in the automotive industry will grow at least 10% to 15% per year. At present, electrophoretic lacquer accounts for about 75% to 80% of the company's revenue, and topcoats account for about 20%. The Company's electrophoretic paint has a market share of more than 40% in the commercial vehicle market, and the topcoat has a market share of more than 20% in the commercial vehicle market.

Three Gorges A

The company's main production and sales of paint coatings, many times to participate in or lead the paint industry standards. With the implementation of the western development strategy, the demand for coatings in Chongqing and its surrounding areas is increasing day by day, giving the company market opportunities. In addition, the company has increased its R&D investment to develop high-end products such as low-pollution, high-performance water-based coatings.