Auto market has tremendous growth opportunities affect the paint industry.

<p> in the first half of the Chinese auto industry, a hot sales market, China's January-May 2010, total car sales 3,898,667 units, up 51.4%. .Including own-brand vehicles sold 1,241,671, an increase of 64.9%. .As China's economic strength, its international status is also increasingly obvious, the rapid development of China's automobile industry, not only use the auto companies have earned a pours, but also to automobile production chain of automotive coatings industry, titanium dioxide .industry market opens, along with the escalating development of the automobile industry, automotive coatings and other industries will be growing market space. .</ P> <P> <P> <p> 2010 first half sales in the top ten car companies, car companies sold more than 45% of the average growth rate, the highest of which is Shanghai GM, an increase of 66%, selling 480,005 .vehicles, topped the list. .According to the China Association of Automobile Manufacturers statistics, in 2009 China's annual total production of automotive 13,791,000, an increase of 48.3%. .25kg paint usage per vehicle per year new vehicle will consume 344,800 tons coating; together to maintain the required 10 million tons of automotive refinishing, automotive coatings production in 2009 is estimated at 45 million tons. .May 1-7, 2010, vehicle production grew over 2009 39.42%, the actual cumulative production of 9,710,300, as calculated from data in 2010, the year the car paint consumption of not less than 480,000 Dun, Automotive Refinish .calculation still 10 million tons (actual may be higher), then no less than 58 million tons, such a large automotive coatings market, will navigate the rapid development of related industrial chain. .</ P> <p align="center"> hidden auto market affects the coatings industry development opportunities </ p> <p> 2010 years have past half, reports quarterly results from the enterprise point of view, the recovery of the automobile industry development so that .production of automotive coatings business benefit. .U.S. paint giant PPG second-quarter profit 272 million, an increase of 86%, sales revenue grew 11%, now stands at 3.5 billion. .The same effect by the strong demand for the automotive industry, BASF Coatings functional areas of the second quarter of significant growth in sales, with the same period in 2009 compared to EUR 117 million pre-tax earnings growth, an increase of 244%. .Recently, DuPont announced second-quarter earnings, net profit of 1.16 billion, compared with the same period in 2009, 417 million more than doubled, and also benefit from the auto market for the better, DuPont Performance Coatings and Materials segment sales are .increased by 15% and 45%. .The data not only show high-growth enterprises to obtain a harvest of paint, but also confirmed the automotive coatings market has been quite broadened. .According to Xiao Wu HC coating network is understood that many enterprises have been optimistic about this piece of automotive coatings market, have invested in automotive coatings like to crowd in this huge market area to share car paint "a cup of broth." .</ P> <p> any one industry, the rapid development of the related industrial chain will provide a huge market space, recent advances in the domestic auto industry to make paints and raw materials and other fields has a huge market .larger, but also into the country's rapid economic growth, the domestic face of such a wonderful environment, I believe there will be more companies develop their own technologies and products, and promising to achieve win-win situation with Chinese paint market! .</ P>.