The “oil to water” policy has entered the implementation period. The development prospects of waterborne coatings are promising.

This year is a crucial year for the development of the environmental protection industry, and people's awareness of environmental protection has been generally improved. For the coating industry, under the background of the “oil-to-water” policy in various regions, the traditional solvent-based coatings have entered the capacity elimination period. The development of modern water-painting capacity is the trend of the future development of the industry. The prospect of China's water-based coatings market is promising. .

Local “oil to water” policy entered the implementation period

Water-based paints use water as a solvent. Water is evaporated during spraying and drying. The environmental protection is to reduce the emission of VOCs during construction. According to statistics, the discharge of waterborne coatings VOCs can be reduced by six to seventy percent compared to solvent-based coatings. In the past two years, various localities have also issued oil-to-water reform policies. This year is a crucial year for the implementation of oil-to-water policy.

In June 2015, Beijing released the standards for the discharge of furniture pollutants. The standard pointed out that since January 1, 2017, the furniture manufacturing industry in Beijing will completely ban the use of oil-based paints, that is, paint spraying, and replace all oil-based paints in Beijing. For waterborne coatings.

On October 10, 2016, the Shenzhen Special Economic Zone technical specification “Limited Quantity of Hazardous Substances in Finished Furniture and Raw and Auxiliary Materials”, which is one of the “Shenzhen Standards”, was reviewed and approved by the Shenzhen Municipal People’s Government. The regulations stated that since May 1, 2017 From the beginning, the use of solvent-based coatings and solvent-based adhesives will be completely banned in Shenzhen.

In March of this year, Xi'an released the "1+1+9" combination plan for "Iron Road to Protect the Blue Sky" in 2017. The plan clearly stipulates that high-volatility, toxic and harmful thinners are prohibited in the market since April. Sales, at the same time, strengthen the control of volatile organic compounds in the coating industry.

Breaking through the core technology is the key to the development of the water coating market

Under the background of the policy of “oil to water”, the reshuffle of China's coating industry has accelerated. However, China's water-based coatings market is also facing certain resistance. First, although China is a big paint producing country, the core technology of water-based coatings has not yet made a breakthrough and has been dominated by foreign companies. Therefore, the lack of mature technology is currently restricting China's water-based coatings. The key factors for market development, the entry company should continuously improve its research and development capabilities.

Secondly, the process requirements of water-based coatings are relatively high, and there are high requirements for the equipment and storage conditions of the manufacturers. For the traditional solvent-based coatings enterprises, the process changes are difficult, and the funds cannot keep up with the transformation of the enterprise. The actual problems facing.

Waterborne coatings market prospects are promising

According to data from the Prospective Industry Research Institute, the demand for waterborne coatings in China is about 1.89 million tons in 2016, accounting for less than 10% of the coatings industry. With the accelerated development of waterborne coatings in steel structures, furniture, containers, etc., it is expected to be 2022. China's waterborne coatings market demand will reach 6.34 million tons, compound growth rate of more than 20%.