HZ Info reported, The third issue of New Materials Industry is coming!

From September 11th to 13th, ibuychem will join hands with many Chinese Coatings industry chain suppliers at the 2024 Asia Pacific Coatings Show, recommending products from Chinese coatings industry to the world. ibuychem will provide strong support for Chinese coating enterprises in the Indonesian market.

In the same period, the "New Materials Industry - Indonesia Special Issue" published by ibuychem will also be issued at the exhibition site, and users in Indonesia, Southeast Asia and the downstream of the global coatings industry chain can get free complimentary services.

As a service platform for China's coating industry, ibuychem deeply feels that in the economic wave of globalization, China's coating industry is surging an unprecedented upsurge to go global. Especially in Southeast Asia, with the in-depth development of the Free Trade area between China and ASEAN, Indonesia, as the largest economy in ASEAN and the core of the paint consumer market, is becoming an important stage for Chinese paint companies to compete for layout.

In this context, following the appearance of the 2024 Russian Coatings Exhibition in February and the 2024 (9th) Vietnam International Coatings and Ink Industry Exhibition in June, ibuychem and New Materials Industry have once again joined hands with Chinese suppliers to visit the Asia Pacific Coatings Show.

"New Materials Industry - Russia Special Issue" on site release

"New Materials Industry - Vietnam Special Issue" on site release

Since its inception in 1991, the Asia Pacific Coatings Show has become an indispensable event for the coatings industry in Southeast Asia and the Pacific Rim. This year, the event will be held at the Jakarta Convention Center in Indonesia and will bring together the world's top coatings manufacturers, raw material suppliers and industry elites to discuss the latest trends, technological innovations and market opportunities in the coatings industry.

Previous prosperity of the Asia Pacific Coatings Show

Indonesian market: a blue ocean with unlimited potential

Indonesia, an archipelago of more than 17,000 islands in Southeast Asia, covers an area of 1,904,569 square kilometers and has a population of about 280 million, whose economic vitality and market demand cannot be underestimated. As one of the most important and dynamic markets in Southeast Asia, Indonesia's coatings industry is in a phase of rapid development. According to ibuychem Research Institute statistics, Indonesia has a total of 150 paint companies, paint annual production capacity has reached 1.6 million tons, almost all paint companies are located in Java, domestic demand is 1.3 million tons/year, the industry employed about 36,000 people. It is expected that in 2024, Indonesia's national paint production will reach 985,350 tons, an increase of 5.93%. Among them, 736,074 tons of decorative paint and 656,644 tons of water-based decorative paint; Auto paint 40,486 tons, OEM paint 22,588 tons, auto repair paint 17,898 tons; MOPC coating 55,577 tons; 72,485 tons of wood coatings; 51,461 tons of cans and coil coatings, including 42,293 tons of coil coatings and 9,168 tons of cans; Powder coating 11,393 tons; The other 17,874 tons.

The coatings market in Indonesia is mainly driven by the construction industry, and with the continuous advancement of modern facilities and infrastructure construction, the demand for coatings products in the construction industry will continue to increase. Despite the challenges of political factors such as the election, the relocation of the capital and the global economic slowdown, the overall positive trend of the Indonesian economy will provide a broad space for the development of the coatings and ink industry, and the Indonesian coatings and ink industry has great prospects in the future.

"New Materials Industry - Indonesia Special Issue" : an important carrier for Chinese enterprises to go global

As an important carrier of ibuychem's cross-border service, in order to better demonstrate the strength and charm of China's coating industry and serve the expansion needs of Chinese coating enterprises in the Indonesian market, and promote the exchange and cooperation between Chinese coating enterprises and the international market, The third issue of "New Materials Industry" - Indonesia Special issue, recommends high-quality suppliers and excellent products of China's coating industry chain to users in Indonesia, Southeast Asia and the world, and provides professional and comprehensive market information and strategic support for Chinese coating enterprises.

"New Materials Industry - Indonesia Special Issue" is not only a navigation light for Chinese coating enterprises in the Indonesian market, but also a bridge and link between China and Indonesia's coating industry. The special issue will provide many overseas readers with comprehensive information about China's chemical market and the opportunity to understand and master new materials, new products, market dynamics, trends, as well as the opportunity to know more excellent chemical enterprises in China, and will also help Chinese coating enterprises more accurately grasp market dynamics, optimize product structure, enhance brand influence, and help Chinese enterprises stay at home. The perfect bridge for goods to reach the whole world.

With the deepening of the Free Trade area between China and ASEAN, Indonesia, as an important bridgehead for Chinese paint companies to "go global", is gradually releasing its market potential. By participating in the Asia Pacific Coatings Exhibition and using platforms and carriers such as ibuychem's New Materials Industry - Indonesia Special Issue, Chinese coatings companies will be able to better integrate into the international market and achieve higher quality development. It is believed that in the future, China's coating industry will shine more brightly in the global market.