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Red Oxide Primer | |
| Red oxide primer is a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves a similar purpose to interior wall primers in that it prepares metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. A primer is composed 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 serve as everything from fillers to anti fungicidal agents. Primer is a term used to describe a number of substances that consist of a Red Oxide suspended in a liquid or paste vehicle such as oil or water. With a brush, a roller, or a spray gun, primer is applied in a thin coat to various surfaces such as wood, metal, or stone. Although it’s primary purpose is to protect the surface to which it is applied. A primer is a preparatory coating put 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 also driven by the manufacturing of printing inks and papers. “This region will continue to be the growth motor of the pigments industry, as China and India in particular are substantially increasing demand for pigments. Eastern Europe, the Middle East and South America will see demand rise by more than 3% p.a. each as well 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 in the past couple of years.” There are significant regional differences in demand for individual products. The pigment industry is in a transitional phase caused by two main factors. First, the leading paints and coatings manufacturers have become increasingly international in their activities ever since the onset of market globalization. Consequently, pigment suppliers are now expected to grow along with them worldwide and to make pigments of consistent quality available everywhere in the world. Second, the global industry for the production of synthetic iron oxide currently is in a phase of consolidation. This effect is most noticeable in China, where a significant 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. | |
| Plant capacity: Red Oxide Primer (Each Packed in 20 Ltrs Container): 500 Packs / Day | Plant & machinery: Rs 104 lakhs |
| Working capital: - | T.C.I: Cost of Project: Rs 317 lakhs |
| Return: 28.00% | Break even: 59.00% |
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Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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- Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.
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