Venturing into paint production is such a lucrative business idea. Profits from this business is never seasonal as new structures are always erected daily due to the primary need of shelter. Paint is an essential commodity needed for painting houses, offices, and other structures and this in turn makes the demand to be on high increase. There is hardly any house that is not painted these days, so the market is there for any aspiring entrepreneur to explore.
Just like any other business, the price is determined by the quality of the product and by the price regulatory agencies of that particular commodity in the country.
The requirements for paint production are:
*P.V.A
*Water
*Titherni (For the production of white paint)
*Calcium carbonate
*Geniple
*Bama cork
*Formalin
*Buffa Solution
*Colourite
*Marble dust
*Nitrosol
*Ammonia
*Hydrosol
*Large buckets
In order to be a successful paint maker, you must be consistent, adapting and stick to quality. Paint making is such a profitable business in every countries of the world.
PROS AND CONS
Pros:
*Low capital
*Paint making business yields maximum profit.
Cons:
*The fumes emitted from paints are detrimental to human health due to the presence volatile organic compounds.
*Paints business might be a bit difficult to manage.
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