Lucrative Business and Investment Opportunities in Red Oxide Primer industry. Production of Red Oxide Primer
Red Oxide Primer is a professional quality primer with excellent adhesion and rust inhibiting properties that prevent the spread of corrosion. Suitable for use on both interior and exterior ferrous metal surfaces.
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The red oxide paints are manufactured from red iron oxide which can be obtained either from nature or manufactured synthetically from scrap iron. The fluid red oxide paint contains three major ingredients that are pigment, binders and these can be varied to produce films with any desired physical and application characteristics.
Red oxide paints are widely used in the decorative as well as in industrial coatings. The function of red oxide pigment is to provide color and opacity, to enhance film’s durability and hardness and in primers to suppress corrosion and reduce the moisture permeability of films.
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Application Procedure:
When applying red oxide primer, use a brush or a short pile roller Thinning is not required if applying by brush or roller
For airless sprayer thin primer 10% to 15% by volume with Berger Reducer #2
Begin thinning with as little solvent and add more as needed until the right consistency is achieved
Spray red oxide primer onto the surface with a minimum working pressure of 2000 psi
Apply 1 coat to provide an adequate base coat to your metal
Touch dry 15 minutes. To handle 1 hour and recoat time 4 hours
• Steel fabrication
• Machinery
• Castings
• Anticorrosive application
Application
Architectural
Residential
Non-Residential
Industrial
Automotive
General Industrial
Wood
Marine
Packaging
Others
Market Survey
The paints & coatings market size is projected to grow from USD 147.2 billion in 2020 to USD 179.4 billion by 2025, at a CAGR of 4.0 %, during the forecast period. The growth of end-use industries such as architectural, general industrial, protective, and automotive & transportation is driving the paints & coatings market growth.
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The global market is prominently influenced by many market-driven factors. Some of the market-driven factors, which are slated to fuel the global market growth include a significant increase in construction, rising disposable income, and rapid urbanization in the developing regions. Apart from these factors, growing automotive production in Asia-Pacific and rise in general industrial sector across the globe is projected to trigger global paints and coating market growth. Overall, the paints and coatings are slated to exhibit an increased demand from the architectural industry. Among the architectural segment, the residential construction activity is expected to increase across the globe due to growing urbanization, increasing construction output, and population expansion. Furthermore, several ambitious programs launched by the government of the developing countries in Asia-Pacific would act as a big push for residential construction activities in the region Furthermore, technological innovation in product development is expected to provide growth impetus to the product market during the forecast period.
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Augmenting demand for high-performance coatings is one of the major drivers to the growth of the global paints & coatings market. High-performance coatings include high-temperature and low-temperature coatings, corrosion-resistant coatings and other coating products, which are majorly used in the commercial applications. Industrial coatings are generally considered the high-performance coatings, which are used in harsh environments. In industrial piping, tank exterior, offshore platforms, and containers, these high-performance coatings are being adopted due to their tolerance to extreme conditions for inoculation of bigger instruments for protection. Despite the general industrial applications, high-performance coatings are found to be used in marine and aerospace industries. In these applications, heavy-duty paints are preferred for longer protection of instruments and equipment. Expansion in the application spectrum of these coatings is likely to set high growth over the coming years. Whereas, with more complexities in the marine sector, various applications require aqua coatings and are demanding new product formulations for application-specific products. The growing transportation industry is expected to further provide vital growth opportunities for coatings products.
The construction industry is expanding at a considerable rate in countries such as China, the U.S., the U.K, and India, on account of the rapid growth in population and rise in the number of overseas buyers. This is leading to large-scale investments in residential apartments, hotels, retail centers, and civic infrastructure. Construction activities in Europe and China rose by 3.5% and 10.0%, respectively, when compared to 2016. Such rapid expansion in the construction sector in the European and APAC regions is driving the growth of the paints and coatings market, globally.
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Global paints and coatings industry is increasingly witnessing adoption of new coating technologies such as thermosetting emulsion, colloidal dispersion, water-soluble in waterborne coatings, high-solids coatings, two-component systems, radiation-curable coatings, etc. Some of the new paints and coatings concepts that have entered the market includes Anticorrosive protection.
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Building & Construction is the fastest growing application of metal coatings
Manufacturers use useful products such as paints, stains, lacquers, primers, and clears to come back up with finish products of metal coatings that are utilized in the building & housing industry. Metal coatings are applied on HVAC, trims, ceiling grids, blinds, purlins, railings, roof & wall panels, doors, soffits, and others.
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Mega construction projects in Qatar, Kuwait, Saudi Arabia, Oman, and Bahrain are expected to drive the building & construction industry which is able to in turn drive the metal coatings market within the Middle East. The growth within the market is going to be driven by emergence of the center class in India, increase within the propensity to spend and growing young population tending to stay in nuclear families.
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Primer is extensively utilized in the building & construction sector. It’s used as a preparative coat on the walls and different substrates, before applying the paint. Along with this, foreign companies are getting into these markets to take advantage of the prevailing opportunities. This has created demand for the business infrastructure, similar to offices, production homes, buildings, warehouses, etc., leading to increase within the construction activities in these countries. The primer market is estimated to witness high growth.
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Asia-Pacific is expected to witness highest growth in the demand for primers during the forecast period, owing to the booming construction sector, and increasing automotive & furniture production in the region.
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Key Players
PPG Industries (US), Akzonobel N.V. (Netherlands), Jotun (Norway), The Sherwin-Williams Company (US), Nippon Paint Holdings Co., Ltd (Japan), Asian Paints (India), KANSAI PAINT CO., LTD (Japan), RPM International INC (US), Axalta Coating Systems Ltd. (US), Solvay SA (Belgium), BASE SE (Germany), Shalimar Paints (India), Diamond Vogel (US), Indigo Paints Pvt. Ltd (India), Berger Paints India Limited (India), Beckers Group (Maryland), Tiger Coatings GmbH & Co. Kg (Austria), Hempel A/S (Denmark), and Kelly-Moore Paints (US).
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