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Basic facts of the Coating Industry

Basic facts of the Coating Industry2019.02.13

Coating is widely used in the construction, furniture, automotive industry, etc, and plays a significant role in surface protection, decoration, and many other specific functions. 


Classification of Coatings


Application


According to different applications, coating can be divided into construction coating, industrial coating, general coating and auxiliaries.


Function


In terms of coating functions, coating can be classified in to anticorrosive coating, fire-resistant coating, waterproof coating, insulation coating, etc.


Form


Based on the different shape, it can be divided into solvent-based coating, water-based coating, powder coating, etc.


Industrial Chain of the Coating Industry


The upstream sector includes raw materials for the coating products, such as pigment, dispersant, filler, auxiliaries, etc, while the downstream covers various aspects of our life, such as buildings, automobiles, machineries, etc.


 
Coating Applications in 2017


According to the downstream applications, 40% of the global coating are used in architecture,19% used in anticorrosion, 13% used in automobiles, and 7% used in wood.


 
Coating Industry in China vs. World


Coating is a necessary sector for the national economy. According to the statistics from World Paint & Coatings Industry Association( WPCIA), the coating output in the world in 2017 is about 71.44 million MT with the value of 192.9 billion USD. Meanwhile, the coating output in China in the same year is about 20.36 million MT with the value of 64 billion USD, accounting for nearly one third of the world value.

 


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