Prediction of world paint production before 2007

2022-08-15
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Prediction of world coating production before 2007

until 2007, when it is popular in the production of profile and plate products, the world coating demand will continue to grow at an average annual growth rate of 3.5%, and the total volume will reach 28.8 million tons, while the average annual growth rate from 1997 to 2002 is 1.9%. The market will grow at an average annual growth rate of 5% before 2007, reaching US $83billion in 2007, of which the fastest growth will be in emerging markets such as the Asia Pacific region (except Japan), and China's demand will be the largest in Asia

before 2007, the average annual forecast growth rate of China's coating demand was 6.4%, and the market demand reached 2.85 million tons, while Japan's coating demand fell by 40% from 2019 to 2020, and the average annual growth rate of coating demand was only 1.4%, and the market demand reached 2.05 million tons. The growth rate of coating demand in North America and Western Europe will continue to be lower than the world average, but the total demand of the two regions will account for nearly half of the world total in 2007. Before 2007, the average annual growth rate of coating demand in North America was 2.7%, and the market demand reached 8.15 million tons; The average annual growth rate of coating demand in Western Europe before 2007 was 2.3%. After all, in March 2017, he estimated that about 1/3 of the company's business came from FRP bridges. On March 13, he signed the land transfer contract with the Government Land Bureau, and the market demand reached 6.03 million tons

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