China Coatings Industry Speeds Up Adjustment

摘要

Based on the report released by China National Coatings Industry Association, the total coatings output of China reached 13.03 million tons in 2013, an increase of 3.6 percent from 2012, but this is the lowest growth rate in the last ten years. It is estimated that the Chinese coatings industry is difficult to return to double digit growth in the next two years, and the adjustment of the structure of China's coatings industry will continue and might even speed up with the government releasing more and more regulation policies.