Competition pattern and marketization degree of aluminum pigment industry

Internationally, the concentration of aluminum pigment industry is
relatively high. Large-scale production companies such as Germany Aika,
Germany Schlenk, American Star Alliance, Japan Toyo Aluminum Co., Ltd.
occupy the main market share of the industry, and their product types,
technical levels, and research and development capabilities are all It
is at the leading level in the industry and has strong international
competitiveness, occupying the middle and high-end markets in developed
countries such as Europe and the United States.
Compared with developed countries in Europe and America, the domestic
aluminum pigment industry started late and developed rapidly. At
present, domestic enterprises specializing in the production of aluminum
pigments are mainly divided into two categories: one is domestic
private enterprises, and the other is foreign enterprises through direct
investment or mergers and acquisitions in the country.
Driven by the downstream market demand, domestic private enterprises
have gradually formed products in product development, process
improvement, quality control, product types, sales channels, and
cost-effectiveness through long-term R&D investment and technology
accumulation, relying on localized marketing networks and cost
advantages. With its own advantages, companies with certain strength
such as Sunflower Chemical Group have emerged, which have become an
important force in competition with foreign companies.
At the same time, the increasing domestic market demand also attracts
foreign companies to participate in the domestic market competition
through mergers and acquisitions or direct investment. For example,
Germany Aika and Japan Toyo have successively adopted direct access to
the low-end product market. Due to the production process and
technology, it has tended to Mature, relatively stable gross profit
margin, relatively sufficient market competition, the main market
participants participating in the competition are domestic private
enterprises.
In the high-end product market, due to the existence of certain
technical barriers, product added value and gross profit margin are
relatively high, the main market participants participating in the
competition are foreign companies.
At present, although some domestic manufacturers have entered the
high-end product market, they still lag behind foreign companies in
terms of quality stability and batch uniformity. In the future, the
competition among aluminum pigment companies will gradually shift from
pure price competition to all-round competition in technology, brand,
and service. Some small and medium-sized enterprises that cannot adapt
to the development trend of the industry will be eliminated, merged or
acquired, and industry concentration will gradually increase.