Paints & Coatings Market in India

Paints & Coatings Market in India

Macro Outlook & Technology Trends, 2017

RELEASE DATE
04-Jul-2017
REGION
Global
Deliverable Type
Market Research
Research Code: 9AB4-00-14-00-00
SKU: CM01397-GL-MR_20325
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Description

The infrastructure push by the Government of India, particularly in policy support and investment participation will be instrumental in driving the growth of the Indian Paints and Coatings Market. Specifically schemes such as AMRUT and housing for all are likely to drive the demand for interior paints with a particular focus on medium and economy range products. However, low per capita consumption and an evolving regulatory scenario makes the Indian market landscape increasingly difficult to traverse. In this Industry Docket, Frost & Sullivan discusses the key trends and drivers of this market, and provides insights into the key focus products and segments for paints and coatings companies. This Industry Docket aims to be a top-level guide to help CXOs set their strategic posture with a focus on the future.

Table of Contents

The Global Growth Story to Continue

Snapshot India

Decision Maker’s Spotlight

Scope & Limitations

Paints & Coatings Industry expected to grow at 6.2% led by APAC markets

End-user environment concerns mandate innovation; Globalization compels product differentiation and market penetration

Regulations expected to increase adoption of water-borne and high solids coatings

With a projected CAGR in the 13-14% range, the paints and coatings market provides immense opportunity for penetration in India

Water-based coatings are expected to witness faster growth…

India Inc., should realize full potential of the Indian revival story by 2018

Infrastructural impetus in the Industrial sector to drive GDP growth in near future resulting in increased consumption of Coatings

Growing middle class and housing demand to drive decorative coatings segment …

Cities will account for 70% of India’s GDP in 2030

Key growth centers for decorative paints: emerging mega cities and very large villages

Integrated mobility solutions are expected to tilt automotive sales further toward new car sales thereby driving demand for auto coatings

OEM coatings likely to witness faster growth compared to refinish coatings in next 3-5 years…

Sustainability, Functionality and Globalization are the major trends driving technological innovations in the industry

Upcoming Advanced Technologies in Paints

Self-healing, sensor, super hydrophobic and anti-corrosion coatings applicable in a variety of industries

Maximize opportunities from existing products and markets; systematically explore new products, markets, including inorganic Opportunities

Our Growth Consulting Canvas

Legal Disclaimer

The infrastructure push by the Government of India, particularly in policy support and investment participation will be instrumental in driving the growth of the Indian Paints and Coatings Market. Specifically schemes such as AMRUT and housing for all are likely to drive the demand for interior paints with a particular focus on medium and economy range products. However, low per capita consumption and an evolving regulatory scenario makes the Indian market landscape increasingly difficult to traverse. In this Industry Docket, Frost & Sullivan discusses the key trends and drivers of this market, and provides insights into the key focus products and segments for paints and coatings companies. This Industry Docket aims to be a top-level guide to help CXOs set their strategic posture with a focus on the future.
More Information
Deliverable Type Market Research
No Index No
Podcast No
Lightbox Content Investment Opportunities in India|More growth opportunities|https://store.frost.com/investment-opportunities-in-india.html
Author Mihir Singh
Industries Chemicals and Materials
WIP Number 9AB4-00-14-00-00
Is Prebook No