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As the world's confused business community still contemplates what went wrong during the year 2007-09, the coatings industry in China meanwhile has still achieved remarkable performance:
• An estimated 6.3m tons in 2008 Coatings output increased from 5.09m tons in 2006
• Sales revenue rose by 17.8%
• Output of industrial paint rose by 16.2% to 4.18m tons
• Chinese car market overtook Japan in 2007
• First four months in 2009 saw China surpassing US in total car sales
• China is now the largest producer of powder coatings
And yet there are reasons to believe why this amazing rise and rise can continue without interruption. With maturing of paint market in China, specialisation in high value-added products will emerge as the key to profitability. Commercial success will no longer hinge on large volume but on high performance. China coatings industry will soon implement sustainable development initiatives. Waterborne industrial coatings need performance enhancing additives which play a major role by imparting the proper cost/performance package.
Sinostar Int'l is proud to be involved in this challenging time. In providing a platform for the industry, the CHINACOAT series of exhibition now becomes the industry's most prestigious and innovative event. If you intend to operate profitably in China you must be one of them too to exhibit in CHINACOAT2010 Guangzhou!