Red oxide primer may be a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves an identical purpose to interior wall primers therein it prepares metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. A primer consists of Red Oxide, solvents, resins, and various additives. The pigments give the primer color; solvents make it easier to apply; resins help it dry; and additives function everything from fillers to anti fungicidal agents.
Primer may be a term won’t to describe variety of drugs that contains a Red Oxide suspended during a liquid or paste vehicle such as oil or water. With a brush, a roller, or a sprig gun, primer is applied during a thin coat to varied surfaces like wood, metal, or stone. Although it’s primary purpose is to guard the surface to which it's applied. A primer may be a preparatory coating placed on materials before painting. Priming ensures better adhesion of paint to the surface, increases paint durability, and provides additional protection for the material being painted.
The global pigments market will generate $34.2 billion through 2020, according to Ceresana, an international market research and consultancy firm. Organic as well as inorganic pigments are expected to see significant growth, as they are intrinsically linked to the growth of the construction industry. While global textile production accounted for more than half of the world’s dye and pigment demand in 2014, paint and coatings applications are the fastest rising segment thanks to North American and Asian construction activity.
Demand is additionally driven by the manufacturing of printing inks and papers. “This region will still be the expansion motor of the pigments industry, as China and India in particular are substantially increasing demand for pigments. Eastern Europe, the center East and South America will see demand rise by over 3% p.a. each furthermore and thus contribute to the positive development of the pigment industry,” the report states. “The rather saturated markets in Western Europe and North America will slowly return onto a growth path after they suffered losses within the past few years.” There are significant regional differences in demand for individual products.
The pigment industry is during a transitional phase caused by two main factors. First, the leading paints and coatings manufacturers became increasingly international in their activities ever since the onset of market globalization. Consequently, pigment suppliers are now expected to grow alongside them worldwide and to form pigments of consistent quality available everywhere within the world. Second, the worldwide industry for the production of synthetic iron oxide currently is during a phase of consolidation. This effect is most noticeable in China, where a big number of small and medium sized producers have exited the market over the last 18 months.
Government Initiatives
Some of the other recent government initiatives in this sector are as follows:
· Government of India’s focus on infrastructure and restarting road projects is aiding the boost in demand for steel. Also, further likely acceleration in rural economy and infrastructure is expected to lead to growth in demand for steel.
· The Union Cabinet, Government of India has approved the National Steel Policy (NSP) 2017, as it seeks to create a globally competitive steel industry in India. NSP 2017 targets 300 million tonnes (MT) steel-making capacity and 160 kegs per capita steel consumption by 2030.
· The Ministry of Steel is facilitating setting up of an industry driven Steel Research and Technology Mission of India (SRTMI) in association with the public and private sector steel companies to spearhead research and development activities in the iron and steel industry at an initial corpus of Rs.200 crore (US$ 30 million).
Few Indian major players are as under
Asian Paints Ltd.
Berger Paints India Ltd.
Gunjan Paints Ltd.
Pigments India Ltd.
Tata Pigments Ltd.
Riverside Industries Ltd
Sudarshan Chemical Inds. Ltd.
Surfa Coats (India) Pvt. Ltd.
