Organizers planned a total gross exhibition area of 98,000 square meters – the largest scale in CHINACOAT history.
There will be 5 exhibit zones – “Powder Coatings Technology;” “UV/EB Technology & Products;” “International Machinery, Instrument & Services;” “China Machinery, Instrument & Services;” and “China & International Raw Materials” – for exhibitors to showcase their technology capabilities to market leaders from all over the world.
Organizers reported 35,540 visitors and 1,291 exhibitors from 31 countries at CHINACOAT2018 (Dec. 4-6). That represented a 3.2% increase in visitors and a 68% increase in exhibitors from 2017.
Given Asia’s current production strength and low per capita consumption, coatings will continue to be in high demand in the global market. Markets of emerging economies such as India, China and other ASEAN countries have shown signs of further strengthening in recent years.
With a projected GDP growth rate of 6% in 2019, the Asian coatings market provides immense potential for business penetration and growth.
Increasing demand from various end-use industries, such as construction, automotive, marine, aerospace, rail transport, wood making, packaging, and industrial equipment generates new growth opportunities.
A growing middle class, rising disposable incomes and continuing urbanization are driving forces of coatings market growth.