The real estate, raw material, epidemic pressures in coating industry may weaken next year.

2022, This year, the weaken real estate market, the high price of raw material, the repeatedly national epidemic, are the three main mountains under the coating industry. It is expected that next year, the situation will be improved, which will benefit the entire coating industry.

First, with the gradual and orderly implementation of the optimization and adjustment measures for epidemic prevention and control, macroeconomic growth will continue to pick up, which means that the demand for coatings market will also pick up.

Second, the real estate policy has shown signs of relaxation, the recent year-on-year decline in the area of housing sales has narrowed, and the residents' medium and long-term loans (housing loans) have increased more, which indicates the potential coating demand after the purchase of houses.

Third, next year, the price of bulk raw materials will fall back, the cost pressure will ease, and many coating categories have achieved terminal price increases. The gross profit margin of coating enterprises will improve, releasing performance flexibility.

In the context of the weakening of the above three major factors, the fundamentals of the entire coating industry will be gradually improved in 2023. Of course, it is said that "the improvement of coating market is phased and will not be achieved in one step, and the improvement degree of different sub segments of the coating market is different; while, the operating physique of different enterprises is different, and they will also show different market performance." 

Above, introduced about coating, coating industry, the weaken real estate market, the high price of raw material, the repeatedly national epidemic, are the three main mountains under the coating industry. if you have any questions, pls feel free to contact us. Whatsapp: 8613051021551, or visit our website: www.tddchem.com to purchase materials you need and send inquiries or messages to us. We will help you select the material suit you and solve the problems as soon as possible. TDD is one-stop raw material procurement online store, welcome!

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