Paint & Coating Manufacturing
Competitive Landscape
Demand is driven by industrial production and the housing market. The profitability of individual companies depends on technological expertise and efficient production. Small companies can compete successfully with large ones because of the large number of paints and coatings used for a wide variety of applications, including decoration, water resistance, and corrosion resistance. The industry is highly automated: average annual revenue per employee is about $550,000.
Opportunities
Coatings for Plastics Industry - To serve the plastics industry, coating manufacturers are increasingly interested in finding ways to better adhere coatings to plastics. Some coating manufacturers are developing UV-curing,...
Business Challenges
Slow, Cyclical Demand - Demand for paints is cyclical and strongly tied to the general US economy because demand for housing, cars, and other industrial goods fluctuates. Paints and...