The number of enterprises has more than 2,000 China's powder coating industry last year, more than 400,000 tons of production, sales revenue of 8 billion yuan, is expected to output more than 500,000 tons this year, sales revenue will reach 10 billion yuan. Epoxy resins and polyester resins are two important raw materials for powder coatings, accounting for more than 60% of the cost of powder coatings. In the past two years, as the price of crude oil has been steadily increasing, the prices of epichlorohydrin and bisphenol A, the main raw materials of epoxy resins, have continued to rise. The prices of polybasic acid and polyols, the main raw materials of polyester resins, have also skyrocketed, directly promoting epoxy resins and Polyester resin prices rise.
The cost pressure of raw material price increases has now been transferred to powder coating companies. However, due to the fierce competition in the domestic powder coating industry and the decentralized market, this has largely constrained the price increase for powder coating products. Some small plants in the powder coating industry adjusted the formula to reduce costs by reducing the amount of epoxy resin and increasing the proportion of polyester resin in the formulation. Others used other non-standard competition methods. This market behavior has not only seriously damaged the image of powder coating products, but also objectively caused a decrease in the demand for epoxy resins. Therefore, industry experts have called for the powder coating industry to speed up the integration and restructuring, enhance the level of the industry, to scale production, standardize the development of operations, comply with market demand, as soon as possible so that China becomes a powder coating production and consumption of large countries and powerful countries.
From the perspective of this year's situation, despite the unprecedented rise in international oil prices, the prices of epoxy resin and polyester resin are relatively low. In particular, the overall output of epoxy resin is increased. Large-scale enterprises are all put into full production, and the leading enterprise Bluestar New Material Wuxi The monthly production and sales volume of the resin plant is about 3,000 tons, which is a very favorable opportunity for the powder coating industry. Experts said that 2005 is an opportunity for China's powder coatings industry, as long as the industry is united to form an industry union, resisting and overcoming the disorderly low-cost competition caused by market dispersion, while providing quality products for the market, By increasing the price of powder coating products to a normal level and guaranteeing the security of fund operations, we will be able to grasp the opportunities and usher in new developments.
The cost pressure of raw material price increases has now been transferred to powder coating companies. However, due to the fierce competition in the domestic powder coating industry and the decentralized market, this has largely constrained the price increase for powder coating products. Some small plants in the powder coating industry adjusted the formula to reduce costs by reducing the amount of epoxy resin and increasing the proportion of polyester resin in the formulation. Others used other non-standard competition methods. This market behavior has not only seriously damaged the image of powder coating products, but also objectively caused a decrease in the demand for epoxy resins. Therefore, industry experts have called for the powder coating industry to speed up the integration and restructuring, enhance the level of the industry, to scale production, standardize the development of operations, comply with market demand, as soon as possible so that China becomes a powder coating production and consumption of large countries and powerful countries.
From the perspective of this year's situation, despite the unprecedented rise in international oil prices, the prices of epoxy resin and polyester resin are relatively low. In particular, the overall output of epoxy resin is increased. Large-scale enterprises are all put into full production, and the leading enterprise Bluestar New Material Wuxi The monthly production and sales volume of the resin plant is about 3,000 tons, which is a very favorable opportunity for the powder coating industry. Experts said that 2005 is an opportunity for China's powder coatings industry, as long as the industry is united to form an industry union, resisting and overcoming the disorderly low-cost competition caused by market dispersion, while providing quality products for the market, By increasing the price of powder coating products to a normal level and guaranteeing the security of fund operations, we will be able to grasp the opportunities and usher in new developments.
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