India Paints and Coatings Market: Market Dynamics 2024-2030

India Paints and Coatings Market is expected to reach US$ 18872.7 Mn. by 2027, at a CAGR of 8.1% during the forecast period.

India Paints and Coatings Market Preface

Report Scope and Market Segmentation
Research Highlights
Research Objectives

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the India Paints and Coatings Market The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the India Paints and Coatings market, with forecasts outspreading to the year 2030.

Growing demand from the infrastructure sector: As a result of the nation's rapid economic expansion, there is a constant need for new construction, roads, bridges, and dams. This is driving up demand for paints and coatings in India. Over the course of the projection, growing urbanisation, discretionary income, and nuclear families are anticipated to fuel the paint and coatings industry's expansion. However, the price fluctuations of raw materials impede market expansion.

Assumptions and Research Methodology

Primary Research
Data from Primary Sources
Breakdown of Primary Sources

In the paint and coatings market in India, solvent-based technology is the leading category. Because they cure more successfully in humid situations, solvent-borne coatings are less susceptible to changes in temperature during the curing period. As a result, they perform well even when applied in humid surroundings.

The market for lightweight vehicles is expected to expand at a high rate of compound annual growth (CAGR) in the automotive segment as a result of the shift to electric vehicles.

 

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India Paints and Coatings Market Regional Insights

In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the India Paints and Coatings market conditions in various nations thanks to the research's regional analysis. The India Paints and Coatings market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.

India Paints and Coatings Market Segmentation

Because epoxy resins use less energy than conventional heat-cured powder coatings, the paint coating industry uses them extensively on heavy-duty metal substrates. Epoxy resin-containing paints and varnishes are also thought to be more environmentally benign than other types of chemicals. Epoxy resin-based paints and coatings are utilised in water treatment facilities, swimming pool finishes, tank lining, waterproofing, and decorative finishes, as well as wall coatings for food storage and manufacturing.

India Paints and Coatings Market by Resin:

• Acrylic • Alkyd • Epoxy • Polyester • Others

India Paints and Coatings Market By Technology:

• Water-Based Technology • Solvent-Based Technology • Powder Coatings • UV Cured Coatings

India Paints and Coatings Market by End Use:

• Architectural • Automotive • General Industrial • Transportation • Packaging • Other

 

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India Paints and Coatings Market Key Players

• PPG
• Sherwin-Williams
• AkzoNobel
• Nippon Paint
• RPM
• BASF Coatings
• Axalta Coating Systems
• Kansai (Japan)
• Asian Paints
• Masco
• Jotun
• Hempel
• Daw
• Berger Paints
• DuluxGroup
• Shawcor
• Benjamin Moore
• SK Kaken
• Cromology
• Chugoku Marine
• Hawks Paints Coatings Pvt Ltd
• Chromaflo Technologies
• ANGUS Chemical Company
• Sunanda Speciality Coatings Pvt. Ltd.
• Wolkem India Limited

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List of Contents : India Paints and Coatings Market

Part 01: Executive Summary

Part 02: Scope of the India Paints and Coatings Market Report

Part 03: India Paints and Coatings Market Landscape

Part 04: India Paints and Coatings Market Sizing

Part 05: India Paints and Coatings Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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