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Currently, the novel coronavirus pneumonia epidemic affects the hearts of people across the country. The novel coronavirus has not only caused a huge health crisis, but also brought us There came an unexpected economic disaster. Enterprises cannot start normal operations and their revenues have plummeted, especially small, medium and micro enterprises, which are facing a huge crisis of survival.
Most of the company’s factories began to gradually resume work on February 10. Stocks are generally available, and the current production and supply pressure is relatively small; the demand level is currently mainly concentrated in epidemic prevention projects and key projects, and a large number of construction needs have not yet started. It is expected to gradually start in late February. In the initial stage, the general income accounted for 10% in the first quarter. -20%, of which March accounted for about 50% of the first quarter. It is expected that the performance of the first quarter will be under pressure, but the impact may be less throughout the year. At the same time, the epidemic may accelerate the increase in the market share of leading companies. In addition, the industry predicts that after the epidemic is over, health and environmental protection products will become the first choice of consumers. Many paint brands have begun to seize the opportunity. After the epidemic, the demand for new materials for antibacterial coatings will increase in the market.
In addition, Asia, where my country is located, is the second largest consumption area of antibacterial coatings in the world, mainly driven by the construction industry . In the Asia-Pacific region, the huge potential of consumption, the expansion of production capacity, the cost of manufacturing with competitive advantages, and the high growth rate of the economy are all favorable conditions for future market growth. Increasing demand for biocides from end users is strongly driving the growth of the antimicrobial coatings market. The need to minimize infection, which otherwise incurs more treatment costs, is driving the use of antimicrobial coatings in hospital window frames, door handles, and other areas where hygiene is mandatory, thereby continuing to invest in the antimicrobial coatings market. (Source: Paint Market)