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The domestic paints and coatings sector presents a significant opportunity backed by growth in real estate construction and infrastructure development such as airports and metro rails. These segments remain the key drivers for the high growth in the decorative paints segment. The decorative paints segment is also growing rapidly in rural areas owing to rising disposable income. Significant changes have also been witnessed in the marketing of paints and coatings. Product portfolios of Indian paint companies have undergone considerable improvements in the recent years. In order to encourage consumers to be experimental, companies have launched extensive brand building and promotional activities.
This snapshot on paint and coatings sectorhas been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers in India.
This snapshot can be used as an “Information & Management Tool” and is ideal for investors to get the first feel of the Indian paints and coatings sector. Senior manager scan also use this report for making presentations to internal audiences, customers, collaborators and channel partners.
Table of Contents
1.1 Product segmentation
2. Industry structure
3. Market Overview
3.1. Paints & Coatings Market: Break-up by Segments, %, 2016-17
3.2. Segment Details
3.3. Industrial coatings market: Break-up by segments, %, 2016-17
4. Key Players and financial data
5. Paints and coatings sector: Key trends/ drivers and major challenges
6. Recent developments
7. Future outlook