The Chinese coatings industry continues to be the world's largest producer of coatings. In 2012, China's coatings production was 12.72 million tons, an 11.8% increase from 2011. The top 20 international paint companies and joint ventures have made China a priority , illustrating the enormous market potential of the region. The Chinese coatings industry continues to be the world's largest producer of coatings. In 2012, China's coatings production was 12.72 million tons, an 11.8% increase from 2011. The top 20 international paint companies and joint ventures have made China a priority , illustrating the enormous market potential of the region.