Introduction: Since October, many paint companies have begun to bear the cost pressure of rising raw materials, and have announced the adjustment of product prices. The increase in the price of paint products can be said to be expected by everyone. It can also be said that everyone is not expecting it. What are the specific reasons for this increase in paint?

It is expected that this is because the raw materials in the coatings industry have been rising so far this year. The cost pressures caused by the companies have been overwhelmed. The paint companies must maintain the normal operation of the company through price increases; unexpectedly, it is because of the importance of coating materials. The price of Titanium Dioxide in this year can be described as crazy rise. However, in the previous price increase of titanium dioxide, although it was speculated that the price of paint products will follow the rise, the paint companies eventually chose to be silent, alone to absorb and digest this huge cost pressure.
The reason why paint companies choose not to increase prices, or to maintain a good cooperative relationship with customers, or to protect the basic interests of the dealers, or to control the cost by increasing technical investment no matter which way, paint companies are It has been very hard to ensure the stability of the product market price.
The four major factors that increase the price of paint are:
Rising costs: The price of raw materials has risen, raising the cost of paint products.
Demand decline: The national real estate market regulates and controls, reduces trading volume in a short period of time, affects the real estate market, and affects the related paint demand.
It is difficult to raise prices: China's paint market is heavily homogenized, allowing downstream customers to easily replace products, and to curb paint manufacturers, especially SMEs without product advantages, to control the price of their products.
Inflation: It will cause problems for all paint manufacturers. However, for a long time no technology has been invested in the small and medium paint factory, it will be a year of life and death.
The profit space is shrinking and the production cost is increasing day by day. The prices of solvent materials, titanium dioxide, rosin, emulsions, and auxiliaries for coating materials are closely related to the trend of oil prices. The additives used in the production of titanium dioxide are petroleum by-products, and solvent materials in coating materials are also petroleum products. With the recent sharp rise in international oil prices, the prices of these raw materials have also risen correspondingly.
In the future, whether the price of paint products will rise will not be known, but we hope that everyone can rationally view the laws of the market and jointly safeguard the healthy development of the market.
Titanium Dioxide
Both Rutile and Anatas titanium dioxide for paint use are available to supply.
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