DUBLIN--(BUSINESS WIRE)--The "India Paint Market By Product Type (Decorative Paint, Industrial Paint), By Technology (Water based, Solvent based, Powder Coating, Others), By End User, By Resin, By Sales Channel, By Region, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Indian Paint Market is expected to grow at robust CAGR during the forecast period

The paint market in India has moved forward from the predominant decorative paints market to a more diversified market with seasonal fluctuations. Additionally, adoption of latest technologies and innovative products has led to the rapid growth of this market in the country.

The market players are now coming up with products like friendly, odour free, and dust & water-resistant paints. This is anticipated to fuel the market until 2025. However, along with growth factors, the paint market in India also faces challenges such as seasonal demand and competition from unorganized players. Also, the prices of paints are very much dependent on raw materials and any fluctuations in the price of raw materials might hamper the profit margins of the organized players in the market.

The decorative market is mainly divided into emulsion & enamel paints, distemper, primer and thinner and ancillary products. Decorative paint accounted for over two-third share of the market in 2019 as the demand for decorative paints largely depends on the housing sector and monsoon season, while industrial paint demand is linked to end-user industries like automotive, engineering and consumer durables.

Based on end-user, the market can be bifurcated into infrastructural, general metals, automotive, appliances, electronics, furniture, retail, medical and others. Additionally, government's focus on infrastructure development projects is anticipated to fuel the industrial coatings demand in the country.

Major players operating in the Indian Paint Market include Asian Paints Ltd, Berger Paints India Limited, Akzo Nobel India Ltd, Kansai Nerolac Paints Limited, Shalimar Paints, Jotun India Pvt. Ltd, Nippon Paint Holding Co. Ltd, Sheenlac Paints Ltd, Snowcem Paints, Weilburger and others. The companies are now developing innovative products in order to stay competitive in the market.

Years considered for this report:

• Historical Years: 2015-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021-2025

Key Topics Covered:

1. Product of Interest Introduction: Paint

2. Research Methodology

3. Impact of COVID-19 on India Paint Market

4. Executive Summary

5. Voice of Customer

6. India Paints & Coating Market Overview

6.1. Capacity

6.2. Production

6.3. Foreign Trade

6.4. Consumption

6.5. Raw Material

6.5.1. Price

6.5.2. Source

6.6. Environmental Issues

7. India Paint Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type (Decorative Paint, Industrial Paint)

7.2.2. By Technology (Water based, Solvent based, Powder Coating, Others)

7.2.3. By End User (Architectural, General Metals, Automotive, Appliances, Electronics, Furniture, Retail, Medical, Others)

7.2.4. By Resin (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others)

7.2.5. By Sales Channel (Direct, Indirect)

7.2.6. By Region (North, South, East, West)

7.2.7. By Company

7.3. Market Attractiveness Index

8. India Decorative Paint Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Technology (Water based, Solvent based, Powder Coating, Others)

8.2.2. By Application (Exterior, Interior, Others)

8.2.3. By Region

8.2.3.1. By States (Top 3 States)

8.2.4. By Company

9. India Industrial Paint Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Technology (Water based, Solvent based, Powder Coating, Others)

9.2.2. By Application (Automotive, Appliances, Others)

9.2.2.1. By States (Top 3)

9.2.3. By Company

10. Value Chain Analysis

11. Import & Export Analysis

12. Market Dynamics

12.1. Drivers/Opportunities

12.2. Challenges/Restraints

13. Market Trends & Developments

14. Pricing Analysis

14.1. By Company

14.1.1. By Resin

14.1.2. By Type

15. Policy & Regulatory Landscape

16. India Economic Profile

17. Competitive Landscape

17.1. Competition Outlook

17.2. Company Profiles (Basic Financials, Product-Mix, Brand, Product Capacity, Expansion Plans, SWOT Analysis, Key Marketing Strategies, Distribution Network, Business Outlook & Risk Profile, Raw Material Sourcing etc.)

17.2.1. Asian Paints Ltd

17.2.2. Berger Paints India Limited

17.2.3. Akzo Nobel India Ltd

17.2.4. Kansai Nerolac Paints Limited

17.2.5. Shalimar Paints

17.2.6. Jotun India Pvt. Ltd

17.2.7. Nippon Paint Holding Co. Ltd

17.2.8. Sheenlac Paints Ltd

17.2.9. Snowcem Paints

17.2.10. Weilburger

18. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/2juuto

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