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Chinacoat 2006 reflects China's growing coatings market.

By Wright, Tim
Publication: Ink World
Date: Friday, December 1 2006

The growth of China's economy in recent years has been astonishing. With a present gross domestic product of $1.565 trillion, China is the seventh-largest economy in the world, and its expansion is the key driver for businesses worldwide.

The Chinese coatings industry is fully enjoying its own growth. Industry experts place the Chinese coatings market at 3.35 million tons in 2005, compared to 1.84 million tons in 2000. That comes out to an incredible 82 percent growth, and there is no reason to expect that trend to slow down.

With that in mind, it is obvious

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