In 2023, China's top 100 powder coatings enterprises market size of 39.4 billion
According to the data, the sales volume of polyester resin for powder coatings of representative enterprises in our country increased by 12.6% year-on-year, the sales volume decreased by 0.5% year-on-year, and the average 2023 price of polyester resin decreased by about 1,468 yuan per ton year-on-year. The sales volume of 2023 epoxy for powder coatings of representative enterprises in our country increased by 0.7% and 2.3% year-on-year, respectively. The average price of epoxy products increased by about 289 yuan per ton year-on-year. Luo Biao, president of the powder coating branch of the China coatings industry association, said at the 2024 China powder coating industry development forum recently that the powder coating industry is developing vigorously, the 2023 of China's powder coatings market jumped to 39.4 billion yuan, accounting for 45% of the global market share. With the emergence of new market demand and new scene, between 2024 and 2028, China's powder coatings market will usher in a 7-10% solid growth, the 2026 market is expected to reach 50 billion yuan.
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