China's waterborne anticorrosion coatings output up 24% year-on-year

According to the annual report of China Coatings Industry Association 2024, the output of water-based epoxy coatings reached 123,000 tonnes, up 24% year-on-year. Products such as Yaohui YH-WA100 reduced waste gas treatment costs by 1.2 million yuan/unit in Baosteel's Zhanjiang base tank project due to its VOCs content of ≤50g/L (HJ 1271-2024 standard). Currently, this type of coating accounts for 35% of the petrochemical industry's anticorrosive material procurement, up 18 percentage points from 2020