MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled India Paints and Coatings Market Research Report: Forecast (2026–2032). This report provides a detailed assessment of the India Paints and Coatings Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2021–24
- Base Year: 2025
- Forecast Years: 2026–32
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/paints-coatings-market-india.html (Discover the market potential, platform-specific insights, and key industry trends.)
India Paints and Coatings Market Outlook
According to the report The India Paints and Coatings Market size is valued at around USD 13.5 billion in 2025 and is projected to reach USD 22.19 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 8.4% during the forecast period, i.e., 2026-32. India’s paints and coatings industry is poised for robust growth, driven by structural demand, infrastructure expansion, and technological innovation.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
India Paints and Coatings Market Drivers:
Rapid Urbanization and Housing Expansion- India Paints and Coatings Market Growth is witnessing momentum driven by rapid urbanization and expanding housing construction, supported by large government-backed building programs. The country is projected to add 416 million new urban residents by 2050, creating substantial long-term demand for residential units and home-improvement materials.
View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/paints-coatings-market-india.html (Explore in-depth analyses, technological trends, and investment patterns.)
India Paints and Coatings Market Trends:
Rise of Sustainability and Green Chemistry- The Indian paints sector is steadily shifting toward cleaner, greener formulations by moving beyond low-VOC solutions and incorporating genuinely bio-based ingredients. Government-backed initiatives like the proposed PLI scheme for chemicals and petrochemicals aim to reduce carbon intensity and promote eco-friendly manufacturing.
India Paints and Coatings Market Segmentation
The study categorizes the India Paints and Coatings Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Product Type- Market Size & Forecast 2020-2032, USD Million & Million Tons
- Decorative Paints
- Industrial Coatings
- Automotive Coatings
By Technology -Market Size & Forecast 2020-2032, USD Million & Million Tons
- Water-Based
- Solvent-Based
- Powder Coatings
By Application - Market Size & Forecast 2020-2032, USD Million & Million Tons
- Residential
- Commercial
- Industrial
- Automotive
- Infrastructure
By Resin Type - Market Size & Forecast 2020-2032, USD Million & Million Tons
- Acrylic
- Alkyd
- Polyurethane
- Fluoropolymer
- Epoxy
- Polyester
- Other Resin Types (Vinyl, Latex
By Paint Type- Market Size & Forecast 2020-2032, USD Million & Million Tons
- Primer
- Distemper
- Emulsion
- Enamel
- Wood Finish
- Exterior Paints
- Others
By Market Fragmentation- Market Size & Forecast 2020-2032, USD Million & Million Tons
- Organized
- Unorganized
By Distribution Channel- Market Size & Forecast 2020-2032, USD Million & Million Tons
- Exclusive Outlets
- Dealers & Distributors Network
- Online Retail
- Institutional Sales
By End-User- Market Size & Forecast 2020-2032, USD Million & Million Tons
- Household
- Architectural
- Industrial
- Wood Products
- Protective Coatings
- Transportation
- Packaging
- Others
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North
- Uttar Pradesh
- Punjab
- Haryana
- Delhi NCR
- Others
- East
- West Bengal
- Bihar
- Jharkhand
- North Eastern States
- Chhattisgarh
- Others
- West
- Rajasthan
- Gujarat
- Maharashtra
- Madhya Pradesh
- Others
- South
- Tamil Nadu
- Karnataka
- Kerala
- Andhra
- Telangana
Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/paints-coatings-market-india.html Get personalized insights into company strategies and regional market dynamics.)
Leading Companies in India Paints and Coatings Market Worldwide: Players, Analysis & Future Outlook
- Asian Paints Ltd.
- Berger Paints India Ltd.
- Kansai Nerolac Paints Ltd.
- Indigo Paints Ltd.
- Akzo Nobel India Ltd.
- Shalimar Paints Ltd.
- Nippon Paint (India)
- Jenson & Nicholson (India)
- Sheenlac Paints
- Snowcem Paints
- Others (Emerging Startups & MSMEs)
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2026 to 2032.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/paints-coatings-market-india.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the India Paints and Coatings Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the India Paints and Coatings Market?
4. Who are the prominent players in the India Paints and Coatings Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a premier market research and consulting firm specializing in the chemical industry, with expertise across specialty chemicals, petrochemicals, industrial chemicals, and chemical processing technologies. Our research solutions guide manufacturers, suppliers, and investors in tracking innovation, pricing trends, and sustainability initiatives. Through Custom Market Analysis, we deliver precise, business-specific intelligence, helping clients optimize production efficiency, manage volatility, and capture new opportunities within the global chemicals ecosystem.
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Contact No: +91 87199 99009
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