Industry-wide price surge

April Guangdong Paint Industry: Surge in Prices & New Industrial Landscape

In April, driven by cost pressures, green transformation and market expansion, the paint industry in Guangdong has shown a distinct trend of "sustained price increases, implementation of green technologies, and upgraded industrial collaboration". Local leading enterprises have taken frequent actions, accelerating the restructuring of the industry landscape.

Cost Pressure Brings a Concentrated Price Surge in April

Affected by the continuous rise in key raw materials such as international crude oil fluctuations, titanium dioxide and resins, coupled with increasing logistics and energy consumption costs, coating enterprises in Guangdong have intensively issued price adjustment announcements in April, setting off a new round of price increases.

- On April 7, Guangdong enterprises adjusted prices of all products starting April 10, with a range of 3%–20%, becoming a landmark enterprise of the April price surge.

Diverse Industry Events in Guangdong in April

Coating industry events in Guangdong are clustered in April, ranging from technical salons to national-level competitions, promoting the collaboration of the entire industrial chain and talent reserve.

On April 10, an innovative technology salon for automotive refinish paint was held in Jiangmen, focusing on the collaboration of the "raw material-coating-application" industrial chain, building a communication platform for technological breakthroughs in automotive coatings.