Paint production business is a very lucrative business and its profit potential is very high. Going by the number of houses and other structures in the country, it is certain that you can never run out business if you go into paint production. Paint is an essential commodity needed for painting houses, offices, etc and the demand is on the increase.
There is hardly any house that is not painted these days, so the market is there for you. What is left for you to do is to penetrate and capture the market by producing good quality paint and marketing it very well. You can start your home-based paint production with as little as N100,000.
The raw materials are readily available in the Nigerian market. You also don’t need any expensive equipment to produce paint; you only need some buckets and your two hands to do the mixing.
Advantages of Starting a Painting Business
Not Capital Intensive-: Quite unlike other business ventures, starting a painting business does not require a much capital. Apart from the money you will spend on getting the necessary licences to run your business, buying equipments and printing your colour catalogue, you won’t need to spend much money starting your painting business.
Maximise Your Creative Potentials as a Painter-: If you are passionate about painting, starting a painting business will give you the opportunity to maximize your creative potentials; and you will earn money doing what you love which is the best way to make money; since it’s a hubby, it won’t feel like a work to you.
You Can Run it as a Part Time Business-: Unless you have the capital to start the business in an industrial standard, a small painting business can serve as a part time job while you maintain other jobs. It is all an opportunity to make a new mean of income.
Make Money with Related Services-: You can incorporate other services related to painting such as wall paper placement and make money with them since they both go side by side. For instance, when some clients contract you for a painting job in the living room, you can suggest that wallpapers will look great in the kitchen and bedrooms. If the person buys the idea, you have an extended contract and more money.
To make emulsion paint;
Titanium dioxide( the major pigment present in all paints at various quantity) is dispersed in water with a dispersant e.g genopur or calgon. After that calcium carbonate, a filler that gives volume/body to the paint is added at the rate of 15kg per drum of paint. Then the pigment or colourant is added next to get the desired colour.
Following is the addition of binder that could be acrylic or PVA determined by where the paint is applied. After mixing these thoroughly, a thickener (e.g natrosol or bermocol pronounced bermercol in the market) that makes the paint thicken to prevent pigment settling, ease of application and several other
function is pre dispersed in water and added to the mix at a rate of 120 grams per 20 ltrs drum.
This is followed by the addition of a defoamer (simply called defoamer in the market) to remove foam from the paint, buffer (same name in the market but which could be ammonia solution or caustic soda) ; to make the thickener react fast and formalin to preserve the paint. The additives are used at the rate of 5 to 10 cl per drum. Your emulsion paint is ready.
Some paints contain as low as 300 grams of titanium dioxide and 500 grams of binder per 20 ltrs drum while others contain as high as 3 kg of titanium dioxide and 5 kg of binder respectively. The other components of the paint are pretty much constant. These variations give different paints different prices. As a professional, I would recommend a high grade paint because it all comes down to the same thing eventually.
2 drums of good grade paints would cover what 5 drums of low quality paint can manage to cover and while the good grade paint stays very long on the wall, the low grade paint starts chalking and fading within a year, necessitating re painting with extra cost of workmanship. Also, the weak powdery previous coat would be the foundation the new paint would stay on and no matter the quality, it won’t last because it stays on a powdery surface.