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Exhibiting Info
Why Exhibit

Seize Rebound Opportunities

  • Market projects GDP of Asia to grow by 6.8% in 2021. Supported by fiscal policy measures especially in infrastructure investment, China's GDP is expected to rebound to 7.9%.
  • Asian coatings markets are expecting a rebound of 4% in 2021. China will remain as the fastest growing market in the region, followed by Australia, India and South Korea.
  • Demand for coatings applications and innovations is accelerated due to the region's fast growing middle class (which doubled in size from 2012 to 2020), higher spending power, increasing urbanization and growth of smart cities.

 

China Remains as the Focus

  • China is the world's second largest economy. In recent years, it has gradually transformed from being a manufacturing base to R&D and innovation hub. At the same time, it continues to be the largest consumer of Asia-Pacific coatings market, accounting for about two-thirds of the region's consumption in 2019.
  • Owing to the growth in various end-user industries, particularly rail and road infrastructure, automotive and auto component manufacturing, packaging and consumer electronics industries, consumption of coatings is expected to drive demand.
  • China is going to promote the integration of the Yangtze River Delta region (covering 3 provinces and 1 city of Shanghai, Jiangsu, Zhejiang and Anhui, which together account for about a quarter of the country's total economic output) and the development of 'circular' economy in 2021, thereby fostering new growth drivers to facilitate progression of China's coatings industry.

 

Global Socioeconomic Factors Driving Coatings Demand

  • The pandemic creates a long-term impact on global coatings market, such as growing demand for antibacterial and antimicrobial paints, additives and resins. It is estimated that the global antimicrobial coatings market will exceed US$7 billion by 2024.
  • Green economy has been influencing global environmental development. Governments around the world have implemented strict regulations to reduce VOC content in coatings and increase the use of environmentally friendly alternatives such as waterborne, solvent-free and powder-based products.
  • Applications of new composite materials keep expanding due to increasing new downstream demands, particularly in automotive, aerospace and telecommunications sectors, allowing development of novel additives, resins and equipment to fulfill new coating requirements.

 

Maintain Connection and Strengthen Interaction with the Industry

  • Serving global coatings industry for over 25 years, CHINACOAT has been developing as a platform to reflect current trends, discuss developments and present innovations of the industry.
  • Long-term support from exhibitors has proven CHINACOAT as a solid growth strategy to deliver product promotion and enhance corporate reputation. We understand the needs of exhibitors, help them to rebound and identify new business opportunities.
  • The value and effectiveness of tradeshows remain stable as compared to other traditional marketing tools in times of economic stress. With high concentration of qualified visitors, CHINACOAT has long been used as a powerful platform for gaining additional market share and promoting sales.
Find Market Niches and Opportunities for Robust Growth
  • Asia is the largest and fastest growing market for global coatings industry and has been so for several years. Growth momentum is attributed to industry development in the region, as well as low per-capita coatings consumption. Countries like India and Indonesia continue to grow at strong rates.
  • China is anticipating to post a 6.4% GDP growth for year 2018, while India is projected to be the fastest growing economy in Asia at 7.3%. The overall 2019 GDP growth within Asia is estimated at 6%. These figures show that Asia remains the key driver for global economic growth.
  • On a global scale, the construction market, automotive market and industrial production are expected to remain steady in coming years. The coatings industry growth will continue to be led by Asia.
Grasp Business Potential in The Yangtze River Delta (YRD) Region
  • The scale of YRD city cluster was expanded from 16 cities to 26 cities in 2016. It is now the largest city cluster in China and the sixth-largest in the world. In the first half of 2018, its GDP growth was 7.2%, higher than the national average of 6.8%.
  • The YRD region is the manufacturing engine for industries like construction, home appliances, automobiles, machinery manufacturing, transportation, containers, etc. Coatings are inseparable from these industries, thereby maintaining a huge and sustainable demand.
  • Growing YRD economy provides a positive market environment for medium and high-end coatings products. Coupled with rising purchasing power of the consumer market, these factors continue to propel the growth of the coatings industry in the YRD region.
Direct and Effective Marketing to Cope with Changing Conditions
  • Global coatings market is forecasted to witness significant growth owing to increasing demand in housing and infrastructure projects and thriving middle class in the emerging economies.
  • Rising disposable incomes and urbanization are driving demand for coatings in architectural, transport, automotive, electrical and electronics applications.
  • Stringent VOCs regulations are likely to soar the demand for green coatings, such as waterborne coatings, powder coatings, high-solids coatings and UV/EB-cured coatings.
  • Hong Kong
    SINOSTAR-ITE INT'L LTD. /
    CHINACOAT EXHIBITION LTD.
    2101-2, 21/F., Jubilee Centre, 42-46 Gloucester Road, Wanchai, Hong Kong
    Tel: (852) 2865 0062
    Fax: (852) 2804 2256
     
     
  • Shanghai
    NEW EXPOSTAR (SZ) CO., LTD. - Shanghai Branch
    Room 1708, 17/F., Eton Place, 69 Dongfang Road,
    Pudong New Area, Shanghai 200120, P. R. China
    Tel: (86 21) 5877 7680/1/2/3
    Fax: (86 21) 5877 7685
  • Shenzhen
    NEW EXPOSTAR (SZ) CO., LTD.
    Unit C., 42/F., Block A, World Finance Centre
    4003 Shennan Dong Road, Shenzhen, Guangdong 518001, P.R. China
    Tel: (86 755) 6138 8100
    Fax: (86 755) 6138 8113