As a global leading paint company, AkzoNobel Coatings System is committed to providing innovative, colorful, beautiful, and sustainable coating solutions to its customers. With over 150 years of experience in the paint industry, AkzoNobel's global employees continuously innovate and strive to serve over 100,000 customers in more than 130 countries with excellent coatings, application systems, and technology.

Company Overview

- Over 150 years of presence in the paint industry
- 48 production sites
- 4 global technology centers
- Over 30 country-specific technical laboratories
- 54 customer learning and development centers
- Business coverage in over 130 countries
- Over 100,000 customers
- 14,000 employees
- 932 held and pending patents
- Net sales of $4.5 billion in 2019
- 23 acquisitions in the past 4 years

AkzoNobel in China

Today, we are an important player in the paint industry. In China, we have two production plants located in Changchun and Jiading, Shanghai, producing high-quality coatings for national automobile manufacturers and thousands of body repair shops. To better serve our refinish customers, we have established four refinish training centers in Beijing, Shanghai, Guangzhou, and Chengdu. There, refinish technicians can learn how to effectively use our products and meet their customers' needs. The Shanghai Technology Center is equipped with world-class research equipment. We conduct independent research and provide technical support services for businesses and customers in China and the Asia-Pacific region. Five powder coating joint ventures produce high-quality powder coating products for our customers.

- 2000+ employees
- 140+ technical R&D experts
- 30+ training instructors
- 2 wholly-owned operating factories
- 1 Asia-Pacific regional technology R&D center
- 1 global color development center
- 4 customer training centers
- 1 powder coating factory

The global paint market has shown a slow growth trend under the influence of the global COVID-19 pandemic. It is expected to reach 179.5 billion US dollars by 2025, with a compound annual growth rate of about 4% from 2020's 147.2 billion US dollars.

During the pandemic, the paint industry was affected by multiple adverse factors such as suspended construction projects, shortage of raw materials, supply chain disruptions, production obstacles, and restricted business travel, which suppressed the demand for paint applications in various fields such as construction, automotive, and aviation industries.

Due to the impact of the pandemic, some paint manufacturers in certain countries and regions reduced production or closed down, resulting in a decrease in export volume. Social distancing measures, self-isolation policies, urban lockdowns, and other epidemic prevention measures have had a significant impact on construction projects, indirectly affecting the paint industry.

From the perspective of global paint production, the closure and reduction of paint production caused by the pandemic has impacted the vitality and scale of the entire paint market, with the automotive paint, aviation paint, and marine paint industries being the most affected.

The acrylic paint market will have the fastest growth rate in the coming years, leading the development of the paint market. Due to the excellent performance and easy DIY construction of acrylic coatings, it was least affected by the COVID-19 pandemic. In the coming years, there will be a significant increase in demand for residential decoration, renovation, and remodeling, which will promote the development of the paint market. Moreover, the Asia-Pacific region is still the largest paint market in the world.