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Exhibiting Info
Why Exhibit

The Economical Growth of the Country Drives the Industry Moving Forward

  • World GDP is expected to bounce back with a growth rate of 5.9% in 2021, the fastest in nearly 5 decades, and 4.9% in 2022.
  • Even as the pandemic persists, Asia is forecast to sustain strong rebound with an anticipated growth rate of 6.3% in 2022.
  • International Monetary Funds report projects China to grow at 5.6%.

 

 

Asia Pacific Continues to Dominate Global Finishing Market

  • Asia Pacific remains the world's largest and fastest-growing finishing market.
  • Growing car ownership, increasing infrastructure investment and ongoing urbanization, which in turn raising demand for construction and manufacturing activities in the region, are factors fueling market growth.
  • Being major global production hubs for industrial machinery and electronic components, China, South Korea and Japan are the significant markets in the region and will continue to lead the finishing industry's recovery from the pandemic.

 

 

China Greater Bay Area Spurs Finishing Demand

  • The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a vibrant consumer market made up of 86 million residents and a diversified economy, with a GDP of US$1.97 trillion and a per capita GDP of US$20K in 2021.
  • GBA has high concentration of Fortune 500 companies, more than that of New York Bay Area, and houses many innovative technology companies and advanced manufacturing industries.
  • With favourable policies, large number of infrastructure projects are underway in the area, such as establishment of airport clusters, thereby upholding high finishing demand.

 

Benefited from Strong Finishing Demand

  • A promising bounce-back for the finishing industry is expected from 2021 onwards with sequential growth in the succeeding years, resulting from stable automobile production, robust demand for consumer electronics/appliances, steady recovery of construction sector and increasing use of heavy machinery equipment.
  • Furthermore, increasing demand for durable, wear-resistant and long-lasting metal products in manufacturing and processing industries helps support market growth.

 

Fast-Growing End-Use Applications Propel Market Growth

  • Though the pandemic negatively affected various end-user industries, personal protective equipment (PPE), heavy equipment, medical & healthcare and infrastructure are witnessing quicker than expected recovery, continuing to drive finishing market in 2021 and beyond.
  • Automotive industry is expected to remain the largest demand generator of the industry. Revival of major end-use markets such as aerospace, marine, defense and electronics will also continue to drive market demand.
Find Market Niches and Opportunities for Robust Growth
  • Asia is the largest and fastest growing surface finishing market, with China accounting for the largest share, followed by Japan and India.
  • China is anticipating to post a 6.4% GDP growth for year 2018, while India is projected to be the fastest growing economy in Asia at 7.3%. The overall 2019 GDP growth within Asia is estimated at 6%. These figures show that Asia remains the key driver for global economic growth.
  • As the demand for customized surface finishing technology is increasing in industries like automotive, transportation and aerospace, the industry continues to develop cutting-edge technologies to meet the needs of users, thus providing opportunities for continuous growth.
Grasp Business Potential in The Yangtze River Delta (YRD) Region
  • The scale of YRD city cluster was expanded from 16 cities to 26 cities in 2016. It is now the largest city cluster in China and the sixth-largest in the world. In the first half of 2018, its GDP growth was 7.2%, higher than the national average of 6.8%.
  • The YRD region is the manufacturing engine for industries like construct ion, home appliances, automobiles, machinery manufacturing, transportation, containers, etc. Surface finishing is an inseparable process of these industries, thereby maintaining a huge and sustainable demand.
  • Growing YRD economy broadens sur face finishing applications across different industries. Coupled with rising purchasing power of the consumer market, these factors continue to propel the growth of the finishing industry in the YRD region.
Direct and Effective Marketing to Cope with Changing Conditions
  • Surface finishing market is forecasted to witness significant growth owing to rapid development of manufacturing industries, increasing infrastructure spending and thriving middle class in the Asia-Pacific region.
  • Rising disposable incomes and urbanization are driving demand for surface finishing in automotive and auto parts, electrical and electronics, machining and furniture applications.
  • Green production is regarded as a way to stimulate manufacturing sector in sophistication, profitability and sustainability. The demand for environmentally friendly, energy-saving and streamlined surface finishing technology is increasing.
  • As more countries are moving towards industrialization and addressing occupational safety at workplace, the demand for personal protective equipment and safer surface finishing technology is growing, bringing new opportunities to the industry.
  • Hong Kong
    SINOSTAR-ITE INT'L LTD. /
    SFCHINA EXHIBITION LTD.
    2101-2, 21/F., Jubilee Centre, 42-46 Gloucester Road, Wanchai, Hong Kong
    Tel: (852) 2865 0062
    Fax: (852) 2804 2256
     
     
  • Shanghai
    NEW EXPOSTAR (SZ) CO., LTD. - Shanghai Branch
    Room 1708, 17/F., Eton Place, 69 Dongfang Road,
    Pudong New Area, Shanghai 200120, P. R. China
    Tel: (86 21) 5877 7680/1/2/3
    Fax: (86 21) 5877 7685
  • Shenzhen
    NEW EXPOSTAR (SZ) CO., LTD.
    Unit C., 42/F., Block A, World Finance Centre
    4003 Shennan Dong Road, Shenzhen, Guangdong 518001, P.R. China
    Tel: (86 755) 6138 8100
    Fax: (86 755) 6138 8113