Xiangjiang Paint was the only one in China to be ranked among the top 20 global industrial paints and ranked TOP15 for the first time

On August 13, the first financial media in China's coatings industry, "Tujie" released the "2021 Global Industrial Coatings Top 20 Brand Ranking List" (Note: Click to view the detailed list). The list brings together the world's top industrial coatings brands. . Among them, China's leading coatings company Xiangjiang Paint Group ranked 14th with a sales revenue of US$568.8 million and a global market share of 0.63%. It is reported that Xiangjiang Paint is currently the only Chinese company that ranks among the top 20 global industrial coatings, and it is also the first to enter the top 15 global industrial coatings this year .

This year is the third consecutive year that "Tujie" has released the list, and the entry threshold is US$405.7 million. The cumulative sales revenue of the companies on the list this year was US$40.474 billion, a decrease of US$6.160.3 billion compared with previous years; the proportion of global industrial coatings was 44.11%, a decrease of 89% compared with previous years. The list shows that PPG, Akzo Nobel, Sherwin-Williams, Axalta, BASF, Kansai, Nippon, Lipmer, Jordan and Haihong are among the top ten.

In terms of revenue from the list, the total sales revenue of the top three industrial coatings brands was US$18,694.8 million, a decrease of US$2.2291 billion compared with previous years; they accounted for 20.58% of the global industrial coatings market, an increase of 0.21% compared with previous years. The total sales revenue of the top ten industrial coatings brands was US$34.260 billion, a decrease of US$5.821 billion compared with previous years; it accounted for 37.73% of the global industrial coatings market, a decrease of 1.03% compared with previous years.

Steady improvement in sales performance and market position

Xiangjiang Paint, formerly known as Hunan Paint Factory, was founded in April 1950. It is mainly engaged in the R&D, production, sales and coating integrated business of coatings and resin products. It owns "Xiangjiang", "Double Towers" and "HKP" Three leading brands. At present, the group has four modern coating production bases in Hunan and Henan, with more than 2,000 employees.