国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Coating firms hit by realty downturn

(China Daily) Updated: 2015-05-15 08:17

The coating industry faces overcapacity and excessive inventories as the property market stagnates after years of prosperity.

Coatings include such products as paint, resin and adhesives, all of which are used in the construction sector.

According to figures from the National Bureau of Statistics, real estate investment was up just 6 percent in the first four months of 2015 to 2.37 trillion yuan ($387.8 billion). That was a marked slowdown from the year-earlier period, when investment grew 16.4 percent.

The China National Coating Industry Association has forecast that the sector's output this year will be about 17.6 million metric tons, compared with 16.48 million tons in 2014.

Companies in the industry are also being challenged by the new Environmental Protection Law, which took effect on Jan 1. The law requires paint and other coating producers to spend more on technology and emphasizes "green" coating products.

Companies that are already active in the environmentally friendly segment stand to benefit, such as Shanghai Kinlita Chemical Co Ltd, which is listed on the Shenzhen Stock Exchange.

Manufacturers of coatings are facing the same disruption from the Internet that many traditional producers are dealing with.

Coatings producers have long followed a traditional marketing model, under which products were delivered to a nationwide network of dealers that sold to consumers.

But many consumers are now buying almost everything online, including paint for their homes. How to capture those consumers is a challenge for the industry. Coatings manufacturers must use big data to analyze consumer behavior and preferences, industry experts said. They should also introduce products that match modern interior design concepts.

Hot Topics

Editor's Picks
...
封开县| 临邑县| 罗源县| 乐业县| 临清市| 房产| 绿春县| 长汀县| 中阳县| 乃东县| 凤台县| 色达县| 梨树县| 景洪市| 永和县| 靖安县| 永善县| 林甸县| 汉川市| 贞丰县| 沙湾县| 新民市| 晋江市| 上林县| 比如县| 探索| 忻州市| 元阳县| 白银市| 望奎县| 祁东县| 治多县| 乌鲁木齐县| 阳山县| 宣汉县| 五家渠市| 门头沟区| 肇东市| 通河县| 新建县| 宁国市|