Paint Industry Market & Stats in India

• 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.