On April 30th, the Powder Coating Branch of the NCIA, commissioned by NCIA, conducted a research and statistical analysis of the industry data based on fairness and impartiality. The rankings for China’s powder coating industry in 2023 were announced, including the Top 100 Powder Coatings, the Top 13 Polyester Resins, the Top 3 TGIC, the Top 5 Chemical Pretreatment and Coating Equipment, the Top 10 Powder Coating Production Equipment, and the Top 3 Barium Sulfate rankings. As a raw material supplier for powder coating production, Fuhua has been fully recognized by the market for its absolute brand advantage and competitiveness in the fierce market competition, ranking first in the barium sulfate industry. This is a joyous and commendable achievement, and we are grateful for the trust of our customers and the recognition from the association.

This ranking is based on the pre-tax revenue in accordance with international practices and references multiple comprehensive indicators. No fees or sponsorship fees were charged. It is the most credible and authoritative statistical result in China’s powder coating industry, and it is practical, objective, and fair. It also showcases Fuhua’s hard strength and good reputation in pursuing excellence and conducting business with integrity. Fuhua will continue to uphold the business philosophy of “customer-centered, quality-oriented ,” adhere to the work policy of “attention to details, persistence,” fully leverage the role of the Xi’an Jiaotong University-Shaanxi Fuhua High-end Advanced Chemicals Joint Research and Development Postdoctoral Innovation Center, accelerate the digital transformation of traditional industries, and strive to achieve the development goals of product serialization, refinement, and high quality. We will continue to work hard and repay our customers.

(Main information source: Original article “Breaking News: Release of the Top 100 List for China’s Powder Coating Industry in 2023” from the Secretariat of the Powder Coating Branch, NCIA, dated on April 30th, 2024)