- The paint industry in India began developing during the early 20th century with the growth of construction and industrial activities.
- The paint industry is broadly divided into Decorative paints, and Industrial paints.
- Decorative paints are used in Homes, Offices, and Commercial buildings.
- Industrial paints are used in Automobiles, Machinery, Marine and protective coatings.
- Major paint companies in India include Asian Paints, Berger Paints India, Kansai Nerolac Paints, AkzoNobel India, and Indigo Paints.
- India’s paint industry uses raw materials such as Pigments, Resins, Solvents, and Additives.
- The festival and wedding seasons often increase paint demand due to Home renovation, and Repainting activities.
GyanTech Synergies Group (GSG), with its inception in 1970, started offering the market and sales of business research information services and integrated services of marketing, research, and market entry strategy. The group of companies, backed up by a comprehensive research institution of Japanese origin, boasts a strong presence in Japan, India, and the rest of the world, leading companies and research institutions, UN agencies, G20 government agencies, global educational institutions, etc.
21 May 2021
Paint Industry Market & Stats in India
Location:
India
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