Real estate demand rose China’s paint sales in the first quarter rose to 4.261 million tons

In the first quarter of 2017, the cumulative sales volume of paint in China was 4.261 million tons, and the sales rate was 100.2%, 0.3 percentage points higher than that of the same period of last year.

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The following is the first quarter of 2016 to 2017 the first quarter of China’s cumulative sales of paint statistics:

With the rapid development of real estate and other related industries, China’s demand for coatings showed rapid growth, especially in the field of paint, such as “water paint” is showing a hot trend.

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According to the prospective industry research institute “China Coatings Industry M & A trend and investment analysis report” shows that in 2016 China’s paint industry over the annual industrial enterprises above designated size reached 18,977,800 tons, an increase of 7.2%; year on year growth rate than 2015 (2015 China’s cumulative production of paint 17,175,700 tons, an increase of 4.2%).

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Based on the application of decorative coatings, residential applications will become the fastest growing decorative coating applications, while the application of interior coatings is also subdivided, new coating and recoating two business categories are gradually clear and dominate the different Product market positioning.

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