India Paint Industry Outlook 2022: Growing Industrial Base Propelling the Growth of Industrial Paint - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “India Paint Industry Outlook 2022” report has been added to ResearchAndMarkets.com’s offering.
The report provides study of Indian paints industry by value and volume, which is expected to grow at a CAGR of around 12% during 2018-19 to 2021-22 in value terms.
The Indian paint industry has been witnessing a gradual shift in the preferences of people from the traditional whitewash to high quality paints like emulsions and enamel paints, which is providing the basic stability for growth of Indian paint industry. Besides, it is creating a strong competitive market, where players are utilizing different strategies to tap the growing demand in the market for a larger share.
Moreover, rise in disposable income of the average middle class coupled with increasing investment on education; urbanization; development of the rural market; and various launches of many innovative products, like friendly, odor free, and dust & water resistant paints, are major drivers that are propelling the growth of the paint market in India.
As per the report finding, decorative paints has the maximum demand. Thus in the report a thorough study has been done on this segment, which has been segmented by application, by product class, by technology, by demand, by composition, by region and by tier cities. The report also discusses in detail the emulsion, enamel and distemper in decorative paint markets by value, volume, types, tier cities, etc.; along with analysis of raw material and roadblocks of the industry.
Key Topics Covered
1. Analyst View
2. Research Methodology
3. Industry Trends
3.1 Revival in GDP Growth Accelerating the Overall Paint Industry
3.2 Growing Industrial Base Propelling the Growth of Industrial Paint
3.3 Growing Disposable Income in Rural Area Accelerating the Demand
3.4 Virtual Visualization Experience Techniques Enhancing Better Decision Making
4. Indian Paint Industry Outlook 2022
5. Decorative Paints Market Outlook 2022
6. Industrial Paints Market Outlook 2022
7. Raw Materials for Paint Market
8. Industry Roadblocks
9. Key Players
9.1 Asian Paints Limited
9.2 Kansai Nerolac Paints Limited
9.3 Berger Paints India Limited
9.4 AkzoNobel India
9.5 Shalimar Paints Limited
For more information about this report visit https://www.researchandmarkets.com/research/ws7qfh/india_paint?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005423/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Paints and Coatings
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 06:24 AM/DISC: 12/03/2018 06:24 AM