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Analysis Report on China’s Wooden Article Coating Market
Sunfaith China Ltd, Aug 2005, Pages: 10
The Chinese furniture industry has a glorious history, but the modern furniture industry is still at a quite backward position. The quality of wooden article coating is not high and the grade is low, which seriously affects the enhancement of the quality of Chinese furniture and its competitive ability in the market. With the improvement of people’s demand for life quality, the demand for middle and high grade furniture will surely increase; this also provides a good development opportunity and a big growth space for the development of the Chinese wooden article coating market.
At present the Chinese wooden article coating market mainly gives first place to polyurethane coating. Water coating occupies a very small proportion, it has a big development space, and moreover it also will be the mainstream of the development of future wooden article coating. Seen from the international coating market, water coating will gradually substitute for traditional coating and occupy the major part of the market share. Chinese wooden article coating producers concentrate mainly in the Pearl River delta area, most of them are privately operated enterprises, the market share of state-owned enterprises and foreign capital enterprises is only about 25%. The enterprises’ scale is small, the competitive ability is weak.
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