PROTEK PAINT is Prepared to Lead the Way in Among Rising Demands
According to Reuters, Canadian economy has expanded; it is expected to have positive growth and experts are now predicting annualized growth in the next quarter of 5% (according to CIBC Capital Markets). Furthermore, according to Statistics Canada, Canadians have more than $170 billion in excess cash in households and businesses (result of many families holding back on vacations, dining out, etc. during the lockdown). Sooner than later, people will be spending that money, making sectors like travel, housing, retail, etc. thrive again.
In the middle of this expected boom from various end-user industries, the Paint and Coatings Manufacturing market in Canada will, most certainly, prosper as well. If we take a closer look at this $2.0bn dollar sector, we can expect an increase of 5.6% throughout 2021 (according to IbisWorld), and 3% during the period of 2021-2026 (Mordor Intelligence reported). Within said market, the most important segments are the Architectural (with 45% share), followed by General Industrial, Automotive, Protective Coatings market, and Wood.
As a superior-performance paint and coatings company, with over 70 years experience, we offer a broad portfolio of The Highest Quality Products that deliver the ultimate in finish results, for both consumer and commercial markets.
- Oil & gas
- Tank lining
- Cargo holds
- Warehouse floors
- Ship decks
- Keel to rail coatings
- Metallic, concrete,
- glass, and wood
- Ceramic & plastic
- Water tanks
The construction industry is expected to recover faster than others, specifically the non-residential sector. BuildForce Canada anticipated that, between 2021 and 2023, major projects in public transit, health care, education, roadwork, and other civil infrastructure will propel said growth. This situation opens up a window of opportunities for derivative products such as specialized paint, technology-advanced coatings, state-of-the-art finishes, etc., to solve even more specialized needs like weatherproof coatings, UV protection, sanitizing solutions, among many others.
In this new context and economic period, where societies will experience a rebounded joie de vivre (futurologists have called it “The Roaring Twenties”) with cultural, artistic, and technological innovations, PROTEK PAINT is ready to successfully satisfy the forthcoming needs.
A Curated List of Top Brands
Our complete portfolio includes reliable formulas (White & Private labels) we develop in our own laboratory, as well as carefully selected premium brands, top of the line in their industries, from our allies that we distribute.
Protek’s talented group of experts and the technology deployed will help you optimize your projects through the most advanced services: capacitation, 360 consultancy, training courses, expert lab analysis, artisan elaboration, custom samples, among others. PROTEK PAINT Group helps you finish what you started.