COVER STORY | ADVERTORIAL
Historic Virginia City , NV 1866 Photo courtesy of : Library of Congress , Washington , D . C .
Modern Day Virginia City , NV – C-Street Photo courtesy of : Travel Nevada - https :// travelnevada . com / cities / virginia-city /
The sealcoat industry is resilient .
As we all know , the past two years have revealed the fragility of certain industries enduring Covid lockdowns , inflation , decreased credit lines , and labor and material shortages . But despite all that , the sealcoating industry has seemed to weather the storm well . In fact , our Pitch Black ® manufacturers have still seen impressive sales growth despite all of these challenges . With market factors in our favor , we ’ re predicting the strongest five ( 5 ) years we ’ ve seen in a long time for plant sales and Pitch Black ® product sales by our manufacturers .
The sealcoat market in general is poised for growth .
According to the latest Mordor Intelligence industry report , “ the sealcoat market was valued at USD $ 1.3 billion in 2020 , and the market is projected to register a CAGR ( Compound Annual Growth Rate ) of more than 4 % during the forecast period ( 2021-2026 ).” Then , there ’ s the home improvement craze that started during the pandemic . According to BusinessInsider . com , “ Home improvement and repair spending grew by nearly 3 % to $ 420 billion in 2020 , per a recent study by Harvard University ’ s Joint Center for Housing Studies ( JCHS ).” With the real estate boom , more buyers have home equity to invest in improvements . This doesn ’ t even take into account commercial improvements and government funding for improved infrastructure .
Aerial photo of Pitch Black ® in action Photo courtesy of : Dark Force Sealcoating Distributing , LLC ( Michigan )
Aerial photo of Pitch Black ® in action Photo courtesy of : Asphalt Protectors , Inc ( Nevada )
Asphalt emulsion sealcoat manufacturers are focused on the future .
With the coal tar bans in numerous states and the recent statewide coal tar ban in New York passed by state lawmakers awaiting approval by the governor ( at the time we ’ re writing this article ), it ’ s clear the industry is moving toward asphalt emulsion sealcoat . Not to mention the fact that a majority of the West Coast adopted asphalt emulsion sealcoat successfully back in the 1980s and never looked back . Asphalt emulsion sealcoat is an eco-friendly , high-quality , and affordable alternative to coal tar . State legislatures are taking notice to viable alternatives like Pitch Black ®. U . S . Seal International , Inc . ( the founder of Pitch Black ® sealcoat ) and Pitch Black ® manufacturers are proud to publicly consult on draft legislation policies . Robert Archie , inventor of Pitch Black ® sealcoat , is also currently president of ASMA-USA ( Asphalt Sealcoat Manufacturers Association ). “ We expect big things from ASMA-USA ,” says Archie . “ We have some of the biggest names in the business joining ASMA-USA , some with 50 + years of experience . We ’ re ready to bring that expertise to areas that don ’ t even realize what they ’ ve been missing .” www . callape . com [ 8 ] 1.800.210.5923