With the transfer of coatings, inks, plastics and other industries in the world, China’s pigment industry has developed rapidly.At present, China has become the world’s most important producer of organic pigments.Data show that in 2018, China’s dyeing and pigment industry sales revenue reached 68.15 billion yuan, up 15.3% year on year.The China Commercial Industry Research Institute predicts that China’s production of dyeing and pigments will reach 1.2 million tons in 2020.
Data source: China Dyestuff Industry Association, China Business Industry Research Institute
Development trend of pigment industry
1.The scale of superior enterprises is expanding, and the degree of industry concentration will be further improved
At present, the concentration of pigment industry in China is low and there are many manufacturers.And each manufacturer technology difference is big, the homogenization disorderly competition is serious, comppresses the profit level of the whole industry, affects the competitiveness of our pigment products in the international market.With the guidance of national industrial policy and the tightening of environmental protection policy, the pigment manufacturing enterprises with large scale and advantages in capital and technology will gradually gain a larger market share.Smaller enterprises will be phased out due to lack of capital, backward technology and investment in environmental protection.
2.Environmental protection and safety requirements are increasingly strict, product and process upgrading is imperative
In recent years, with the increasingly strict environmental protection and safety policies, the environmental protection pressure of the pigment manufacturing industry and its downstream industry is increasing day by day. A large number of small and medium-sized enterprises lacking environmental protection investment have shut down production capacity or stopped production for rectification, which directly affects the production capacity of the pigment manufacturing industry.Therefore, the product and process upgrading of pigment manufacturing enterprises is imperative.
3.Product structure is not reasonable, technical innovation needs to be strengthened
In recent years, China’s pigment industry in product performance, quality, stability, technology and other aspects has been significantly improved, pigment production and sales are in the world forefront;However, the product structure is still not reasonable, most of the products are conventional varieties with low added value, and the phenomenon of homogenization is more serious. Some varieties have the situation of excess capacity.
4.Pigments from general to special development
In the early development of pigment manufacturing industry, the requirements of the downstream industry for pigment mainly focused on the guarantee of basic performance.In recent years, the rapid development of downstream inks, coatings, plastics and other industries and the continuous expansion of application fields have provided a broad market for the development of the pigment industry, but also put forward higher requirements for the performance of products.With the further refinement of downstream products and customer requirements and the gradual expansion of pigments, special pigments will be further developed.
For more information, please refer to the Research Report on Market Prospects and Investment Opportunities of China Pigments Industry released by China Commercial Industry Research Institute. At the same time, China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industrial research report, industrial planning, park planning, 14th Five-Year planning, industrial investment and other services.
Post time: Apr-11-2021