India Paints and Coatings Market Size, Opportunities, Company Profile, Developments and Outlook 2027


Posted October 3, 2023 by nirankammr

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 Report Overview

According to the research, the India Paints and Coatings market is expected to grow at a rapid pace during the forecast period. The report provides a comprehensive analysis of the India Paints and Coatings industry, shedding light on its structure.

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India Paints and Coatings Market Report Scope and Research Methodology

The India Paints and Coatings market report was developed using primary and secondary research methods. The primary research involved surveys and interviews with industry experts, while the secondary research involved collecting data from industry publications, government reports, and other sources.

The report provides a region-wise, segment-wise, and sub-segment-wise analysis of the India Paints and Coatings market dynamics, market size, market share, and key players. It also includes a list of India Paints and Coatings key competitors in the industry, along with their revenue, financial status, product portfolio, investments, mergers, acquisitions, and joint ventures. SWOT analysis was used to identify the strengths and weaknesses of the key players, as well as the opportunities and threats facing the India Paints and Coatings industry. The bottom-up approach was used to estimate the India Paints and Coatings market size.

India Paints and Coatings Market Dynamics

Epoxy resins are largely used by the paints and coating industry on the heavy duty metal substrates due to its advantages like less energy than that compared to other heat-cured powder coatings. Paints and coatings containing epoxy resins are also considered environmental friendly than other chemicals. Epoxy resin-based paints and coatings are used in wall coatings of food storage and manufacture, swimming pools finishes, seal coats, tank lining, wet rooms, waterproofing and decorative finishes, and water treatment plants.

Solvent Based technology is dominating segment in the India paint & coatings market. Solvent borne coatings are less vulnerable to environmental conditions such as temperature during the curing phase solvent borne coatings bring effective results when applied even in humid environments due to the fact that the former cures effectively as a result of a chemical reaction between atmospheric oxygen and the chemical ingredients. However, government regulation on VOCs emission and adverse effects on human health hence, manufacturer and players are looking for ecofriendly substitute thereby restraining the growth solvent borne market.

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The report includes a detailed analysis of several key countries that are:

North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
South America (Brazil)


The Middle East and Africa
India Paints and Coatings Market Segmentation

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

India Paints and Coatings 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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Key Questions answered in the India Paints and Coatings Market Report are:

What was the India Paints and Coatings Market size in 2022?
What is the expected India Paints and Coatings market size by 2029?
What will be the CAGR of the India Paints and Coatings market during the forecast period?
Which region held the largest market share in the India Paints and Coatings Market?
Which company held the largest share in the India Paints and Coatings market?
What key trends are likely to emerge in the India Paints and Coatings market in the coming years?
Who are the India Paints and Coatings key players in the India Paints and Coatings industry?
Key offerings:

Market Overview
Market Share
Market Size
Forecast |2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape - Leading key players and other prominent key players.
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About Maximize Market Research:

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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags india paints and coatingsmarket , india paints and coatingsmarket size , india paints and coatingsmarket share
Last Updated October 3, 2023