I was trying to get my head around the potential revenue ....
The addressable market for ecosparc® in the anticorrosive protective coatings sector is estimated at around $1.0 billion annually.
• 2% additive required by weight in paint formulation.
• Assume the sale price of ecosparc is similar to current paint products by weight, though this could be highly inaccurate!
• High gross margin estimate: 50%.
Let’s say we capture 5% of the $1 billion market.
2% of that 5% would go to ecosparc, resulting in approximately $1 million in annual sales, or 500k profit.
Only massive upside from there!
+ the Hydrogen
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