About our industry the paint and coatings industry is an important and dynamic part of our nation's economy, and plays a key role in creating products that help preserve and protect everything, from our every day objects to our most important infrastructure. There are only approximately 7,000 tinting systems in china for a market two and half times of india's size 30% to the paint industry revenue in india is accumulated from industrial paints the size of the paint indian industry is around 940 million litres and is valued at approximately $2 billion. Significant growth of the paint and coating industry in north america, especially in the us, owing to growing demand from automotive and transportation industries, coupled with rising infrastructure development, helps in driving the paint & coating market. Business economy finance industry uncategorized paint in india industry key vendors,manufacturers,suppliers and analysis market report 2022 wiseguyreportscom publish a new market research report on - paint in india industry key vendors,manufacturers,suppliers and analysis market report 2022.
Automotive paint market is expected to sour at 57% cagr to reach a valuation of us$ 11,9661 mn by 2022 market size, market share, market forecast, market overview, market trends, market strategy, market research report, industry analysis, market outlook, market research reports. Paint manufacturers increasingly seeking ways to reduce the voc content of products in the solvent-based paints expenses, waterborne coatings, powder coatings and other high-solids formulations will increase market share. The consumer durables market in india is estimated to have reached rs 1 trillion (us$ 155 billion) in 2017 the consumer durables/light electricals industry is expected to reach rs 3 trillion (us$ 4654 billion) by 2020.
Poultry industry in india is constantly on the rise due to the use of modern techniques and changing from live bird to fresh chilled and frozen product market power industry the indian power industry plays a critical role in the economic progress of the country and has to be emphasized. The paper industry in india has become more promising as the domestic demand is on the rise increasing population and literacy rate, growth in gdp, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of india. Increasing vehicle production and improving economy would drive the asia oceania automotive paints market the asia oceania region comprises emerging economies such as china and india, along with developed nations such as japan and south korea. Industry insights the global thermal insulation coating market size was valued at usd 6,6605 million in 2016 recent developments in the manufacturing and automobile sectors is likely to drive the demand for the heat barrier coats in these application segments. Decorative paint market size in the country was rs 30,385 crore and the industrial paint rs 9,915 crore in fy 2014-15, the ipa said in a release here the industry had grown at a cagr of 129 per cent from 2011-12 to 2014-15 in terms of value, it said adding that for fy 2014-15, the per capita consumption of paint in india was estimated at 334 kg.
Acrylic coatings market 2018 this report researches the worldwide acrylic coatings market size (value, capacity, production and consumption) in key regions like north america, europe, asia pacific (china, japan) and other regions. While the economic slowdown has affected the indian paint industry, nippon paint india is bullish on growth as it seeks to increase its market share in future ramakanth v akula tells projectmonitor why he feels so. Paint industry in india 2015 the new report, 'paint market in india', states that the industry in india is driven by growth in not only construction activities but also in automotive industry. The split of the decorative paint market to industrial market is around 75-25 (decorative paint market size in india was inr 30,385 crores and the industrial paint was inr 9,915 crores in fy 2014-15. India automotive paints market forecast and opportunities, 2019 has evaluated the future growth potential of india automotive paint market the report provides statistics and information on market share and growth across various segments based on region, vehicle type, coating type, texture type and demand category in the indian market.
India is an emerging economy and with a rising gdp and the subsequent growth in industrial activities and infrastructural developments aided with increased government spending on infrastructure in india , market is optimistic about its impact on the paint industry. The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 30 industry players, including sherwin-williams, ppg industries, and valspar. Paint market has strong co-relation with economic indicators and industry growth for arriving at the future market estimates factors such as gdp, iip, auto sector growth, gcf (gross capital formation), realty and. Key players operating in the automotive paint market include dupont, ppg, nippon paints, kansai nerolac paints, basf, akzonobel, and kcc, the report offers a comprehensive evaluation of the market it does so via in-depth qualitative insights, historical data, and verifiable projections about market size. Everybody wants to be in the paint industry, or so it seems when kuldip singh dhingra, chairman of berger paints, rattles off a long list of competitors who've fumbled.
During the measured time period, the market share of asian paints across the country was approximately 414 percent, while the market share of azko nobel india was around 93 percent the. Metal can market - global metal can industry growth, size, share, analysis and forecast report the global metal can market size is expected to increase significantly over the next eight years on account of superior properties including recyclability, long useful life, printability, uv resistance. The indian paint industryin india, indian paint industry's total market size is us$1400 million the organized sector of the industry is 55% the 45% unorganized sector has about 2500 units. The indian paint market is expected to reach rs 709 bn by 2019-20 from around rs 403 bn in 2014-15 the per capita paint consumption in india which is a little over 4 kgs is still very low as compared to the developed western nations.
Going forward, india is a key pillar of global automotive market - policy, actions and strategies of players in india will have a fundamental impact on the global auto landscape 2.