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Overview

If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Paints & Coatings procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Paints & Coatings, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Paints & Coatings - Recent Price Trend

In the three years to 2018, the price of paints and coatings has been increasing at an estimated annualized rate of 1.6%. Together, demand from key buyers has been strong and rising input costs have resulted in price increases from 2015 to 2018.The value of construction has exhibited strong growth during the past three years as the economy has continued to grow and credit has become more widely.

Paints & Coatings - Total Cost of Ownership

Buyers face a low total cost of ownership when purchasing paints and coatings. However, additional costs vary according to the type of buyer. For example, manufacturers require industrial paint because it is applied to the product during the manufacturing process (e.g. automobiles). These types of buyers might require specialized equipment, such as spray machines, that are not factored into the.

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About this Report

This report is intended to assist buyers of paints and coatings. Paints can be enamel, water-based, pigment, coating, oil-based and latex paints, among others, as well as paint additives and primers. Coatings include a variety of solvent and water-based formulas used to treat and protect consumer electronics, building materials, transportation infrastructure, appliances and more. Suppliers of paints and coatings include manufacturers, wholesalers and retailers. Buyers include construction companies, specialty paint service providers and manufacturers. This report does not include plastering, drywall or waterproofing services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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