India Paint Industry Outlook 2022

  • Published Date: Jul, 2016
  • 130 Pages
  • Category: Chemicals
  • Format: Email PDF + Excel
  • Language: ENG

The Indian paint industry is evident from the traditional whiteness of the high-quality paint, such as emulsion and energetic paints in the people's priorities, which is providing the basic stability for the development of Indian paint industry. Apart from this, it is creating a strong competitive market, where players are utilizing different strategies to tap the growing demand in the market for a larger share. Moreover, rising in disposable income of the average middle class coupled with rising investment in education; urbanization; development of the rural market; and various launches of many innovative products, like friendly, odor-free, and dust & water resistant paints are major drivers that are propelling the growth of the paint the market in India.

According to our report & India Paint Industry, Outlook 2022 provides a study of Indian paints industry by value and quantity, which is expected to grow at a CAGR of around 12% during 2016-17 to 2021-22 in value terms. The reports provide a comprehensive detailed insight on the Indian decorative and industrial paint segment. Our research is an outcome of a wide range of primary & secondary research, where industry trends are being identified. For the study, we have anatomized industry expert insights from paint manufacturers, regional dealers, and raw material suppliers, in order to build our macro and micro-level understanding of the overall market and to explore an opportunity in the conquering market.

According to finding the report, decorative paints have the maximum demand. Thus a thorough study has been done on this section in the report. This has been segmented by application, by product class, by technology, by demand, by composition, by region, and by tier cities. Synthesis, enamel and distemper in decorative paint markets by value, volume, types, tier cities, etc are also discussed in details in this report.; along with analysis of raw material and roadblocks of the industry.

Our research the industry’s main trends and drivers are also shown. Moreover, the report also involves a business overview of the main industry players, like Berger Paints, Kansai Nerolac, Asian Paints, Akzo Nobel and Shalimar, along with the comprehensive outlook of the sector's present and future scenario. Overall, the report is a result of wide-ranging research and intelligent analysis that will be offering a suitable knowledge base to those who are interested in this industry.