Coatings are one of the traditional production enterprises that have been greatly impacted by the new Environmental Protection Law, and currently paint has squeezed out the only profit in the saturated market share. In recent years, there have been continuous reports of a decline in profits for paint companies, making it difficult for many paint stores to sustain themselves. Many paint shop owners have started to choose to abandon "oil" and focus on the water paint market with greater potential.
This news is undoubtedly a significant piece of good news for water paint dealers. With the severe overcapacity and saturation of paint production capacity, and the enormous potential of water-based paint in terms of safety and environmental protection demonstrated in just a few years, more and more dealers and agents are choosing safer and more environmentally friendly water-based paint to welcome new market opportunities.
Not only that, the paint market will focus on environmentally friendly water paint as the focus of industry transformation and upgrading, and this effect is currently extending to the furniture and construction fields upstream and downstream of the paint industry. In the pursuit of health and environmental protection, many furniture manufacturers have started to choose to use environmentally friendly water paint in their furniture. Mr. Lin is the owner of a furniture factory and has now become a partner of Chenyang Water Paint, a water paint company. Last year, he decided to replace the paint in the factory with Chenyang Water Paint. He told reporters, "Water paint furniture has always been a high position in the furniture industry. The advantages of Chenyang Water paint are non-toxic, odorless, environmentally friendly, non flammable and non explosive high safety, and it has a good reputation. As the profit margin of painted furniture becomes smaller and smaller, and water paint is becoming more and more popular with customers, many people specifically come to order water paint furniture. So last year, I replaced the paint on the production line
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