Mobile Menu
China
CN 2641 | Industry Report

Paint Manufacturing in China Industry Data and Analysis

MW
Millie Walker
Analyst Beijing, China May 2025

Revenue for the Paint Manufacturing industry in China is expected to rise at a CAGR of 4.7% over the five years through 2025, due to the growing demand from downstream industries. Industry revenue has deceased for a few years due to the repeated COVID-19 epidemic and the intensified price competition. In 2025, industry revenue is set to recover and grow by 3.0% to reach $59.2 billion. The output of paint and coatings in China will also increase at a CAGR of 7.8% in the same period, to 35.9 million tons in 2025.The industry largely depends on demand from the Automobile Manufacturing industry and China's real estate sector. The Chinese Government has been implementing strict macro-controls on the real estate market, which lowered the demand for architectural coatings to some extent. Increasing urbanization is also supporting the development of real estate markets in China's medium-sized and small cities. Additionally, growth in the Automobile Manufacturing industry has been boosting sales of automotive paints.Exports and imports are both unsignificant in the industry. Exports are expected to rise at a CAGR of 11.8% over the five years through 2025, representing 2.0% of industry revenue, and imports are expected to increase at a CAGR of 7.0% over the same period, accounting for 3.4% of domestic demand.The industry is forecast to mature over the next five years. Industry revenue is forecast to grow at a CAGR of 4.0% over the five years to 2030, to $72.0 billion. The continued urbanization of China and the further development of the automotive sector will ensure steady growth in domestic demand over the period.

Continue reading

Access this data your way

The Paint Manufacturing in China Industry analysis is available in multiple formats to fit seamlessly into your workflow.

IBISWorld Industry Report platform

IBISWorld Platform

Answer any industry question in minutes with our entire database at your fingertips.

Screen of code example for the IBISWorld api

API Data Delivery

Feed trusted, human-driven industry intelligence straight into your platform.

IBISWorld Data integration with a Client user interface

Integrations

Streamline your workflow with IBISWorld’s intelligence built into your toolkit.

What's included in this industry analysis

IBISWorld's research coverage on the Paint Manufacturing industry in China includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released May 2025.

About this industry

What's this industry report about?

The Paint Manufacturing industry in China operates under the industry code 2641. The Paint Manufacturing industry in China manufactures various paints, coatings and auxiliary materials for coatings. Related terms covered in the Paint Manufacturing industry in China include pigment, coating, original equipment manufacturer (oem) and voc.

What's included in this industry?

Products and services covered in Paint Manufacturing industry in China include Industrial paint and coatings , Architectural paint and coatings and General coatings and auxiliary materials.

What companies are included in this industry?

Companies covered in the Paint Manufacturing industry in China include Nippon Paint (China) Co., Ltd., SKSHU Paint Co., Ltd. and PPG Paints (China) Co., Ltd.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Paint Manufacturing industry in China.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Paint Manufacturing industry in China.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Paint Manufacturing industry in China.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Paint Manufacturing industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Paint Manufacturing industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Paint Manufacturing industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Paint Manufacturing industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Paint Manufacturing industry in China.

Trusted by industry professionals

More than 6,000 businesses use IBISWorld to shape local and global economies

We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.

BDO logo

IBISWorld delivers the crisp business knowledge we need to drive our business.  Whether it be serving up our major clients, winning new business or educating  on industry issues, IBISWorld brings real value.

PWC logo

IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.

Australian Trade and Investment Commission logo

When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.

Citi Bank logo

10,000,000+ Data points

100% Industry analyst verified

50,000 + Industry titles

Frequently Asked Questions

What is the market size of the Paint Manufacturing industry in China in 2026?

The market size of the Paint Manufacturing industry in China is $59.2bn in 2026.

How many businesses are there in the Paint Manufacturing industry in China in 2025?

There are 1,921 businesses in the Paint Manufacturing industry in China, which has declined at a CAGR of 0.5 % between 2020 and 2025.

How may import tariffs affect the Paint Manufacturing industry in China?

The Paint Manufacturing industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Paint Manufacturing industry in China?

The Paint Manufacturing industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Paint Manufacturing industry in China grown or declined over the past 5 years?

The market size of the Paint Manufacturing industry in China has been growing at a CAGR of 4.7 % between 2020 and 2025.

What is the forecast growth of the Paint Manufacturing industry in China over the next 5 years?

Over the next five years, the Paint Manufacturing industry in China is expected to grow.

What are the biggest companies in the Paint Manufacturing industry in China?

The biggest companies operating in the Paint Manufacturing industry in China are Nippon Paint (China) Co., Ltd., SKSHU Paint Co., Ltd. and PPG Paints (China) Co., Ltd.

What does the Paint Manufacturing industry in China include?

Architectural paint and coatings and Industrial paint and coatings are part of the Paint Manufacturing industry in China.

Which companies have the highest market share in the Paint Manufacturing industry in China?

The company holding the most market share in the Paint Manufacturing industry in China is Nippon Paint (China) Co., Ltd..

How competitive is the Paint Manufacturing industry in China?

The level of competition is high and increasing in the Paint Manufacturing industry in China.

Cut through the noise with intelligence you can trust

/img/content/home/cta-image-1.webp
/img/content/home/cta-image-2.webp
/img/content/home/cta-image-3.webp
/img/content/home/cta-image-4.webp
/img/content/home/cta-image-5.webp