Skip to main content

India Powder Coatings Market Outlook - 2025

By
According to a new report published by Allied Market Research, titled,"India Powder Coatings Market by Resin Type, Coating Method, and Application: Opportunity Analysis and Industry Forecast, 2018 - 2025,"The India powder coatings market accounted for revenue of $896.7 million in 2017 and is anticipated to generate revenue of $1,508.2 million by 2025. The India powder coatings market is projected to grow at a CAGR of 6.6% from 2018 to 2025.
Powder coatings are gaining increased importance in the automotive, furniture, appliances, and others, as powders are an essential part of a construction that experience damages such as spillage; abrasion; and exposure to dust, chemicals, heavy load, and UV light. Major manufacturers focus on advancement in technology for the development of eco-friendly products. Epoxy powder coating is a major resin type used across all the major industries in the India powder coatings market. The factors that drive the India powder coatings market growth include rise in awareness related to the benefits provided by the powder coatings in industrial, and development of powder coatings in compliance to the environment. The India powder coatings market size is expanding at a significant pace on account of rising foreign direct investments (FDI) due to Make in India scheme.
The use of metallic epoxies for garage and other commercial powder spaces is the latest trend in the commercial powder coatings market, as they provide high-gloss, metallic finish, which enhance the look of the powder. Moreover, these powder coatings exhibit prolonged durability and resist abrasion. Also, they are easy to maintain. Imparting aesthetic appearance to the indoor spaces, which further facilitate their adoption in the India powder coatings market. Such innovation and product development shift the use of traditional powder coatings toward new advanced powder coating solutions.


Rapid urbanization in India leads to upsurge in civil construction activities, which is a key factor that promotes the usage of powder coatings. This is further anticipated to increase the India powder coatings market share in the APAC region.

The India powder coatings market is segmented based on resin type, coating method, application, and region. Based on resin type, it is categorized into thermoset and thermoplastic. By coating method, the market is classified into electrostatic spray, and fluidized bed. By application, it is classified into appliances, automotive, architectural, furniture, agriculture, construction, and earthmoving equipment (ACE), general industrial, and others. By region, the market is studied across North India, South India, East India, and West India.
India powder coatings market analysis covers in depth information of major industry participants. The key players analyzed in India powder coatings market are Akzo Nobel India Ltd., Jotun India Private Limited, Marpol Private Limited, Rapid Engineering Co. Pvt. Ltd., Berger Paints India Limited, and PPG Asian Paints Private Limited., Maharani Paints Pvt. Ltd., Durolac Paints, Inc., Titan Paints & Chemicals Ltd., and Tulip Paints. Other players operating in the market include the Zigma Paints (P) Limited, Paramount Powders Pvt. Ltd., Chanda Paints Pvt. Ltd., and Par-Ferro Coatings Pvt. Ltd.

Key Findings of the India Powder Coatings Market:

  • Thermoset in the resin type segment dominated the India powder coatings market with a revenue share of over 95.2% in 2017
  • North India is projected to grow at a highest CAGR of nearly 7.0%, in terms of revenue, during the forecast period
  • The appliances segment dominated the application segment with 30.2%- share in 2017
  • The India powder coatings market trends has been analyzed across the major states of the region.
  • The major states in each region have been mapped according to their individual revenue contribution to the regional market.
  • The qualitative data in this report aims on the market dynamics, trends, and developments in the India powder coatings industry while the quantitative data provides information of the India powder coatings market size in terms of value as well as volume.
Labels:

Comments

  1. Renub ResearchJuly 17, 2019 at 7:12 PM

    With USD10.8 Billion of opportunity by 2025, Japan smart Homes are growing at a rapid pace. The largest segment which dominates the market share of Smart Home in Japan is Smart Appliances and Home Entertainment segment. In 2011, after the hazardous earthquake in Japan eastern province, the governments were more focused on creating energy efficient smart homes and its related devices. The major driving force of this market is setting up general ECHONET Standard for HEMS devices, free smart home plans as well as government infrastructure assistance.

    Japan smart Home Market

    ReplyDelete

Post a Comment

Popular posts from this blog

Canada accounted for over one-fourth share of the coal bed methane market

By
A new report published by Allied Market Research titled,   Coal Bed Methane Market by Application- Global Opportunity Analysis and Industry Forecast, 2017-2023,,   stats that the coal bed methane market was valued at $9,089 million in 2016, and is projected to reach at $17,956 million by 2023, growing at a CAGR of 9.0% from 2017 to 2023. North America dominates the coal bed methane (CBM) market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period. Download the Sample Report @  https://www.alliedmarketresearch.com/request-sample/488?utm_source=Blogger&utm_medium=Niranjan Coal bed methane (coal seam methane) is a mixture of methane and trace quantities of light hydrocarbons, nitrogen, and CO2, which are generated during the geological transformation from peat to anthracite coal in underground coal seams. The global coal bed methane market is driven by reduction in methane emissions associated with conventional...
Post a Comment
Read more

Putting Digital Therapeutics to Change Future of Healthcare

By
What are digital therapeutics? A new trend out of the fast-growing mobile health (mHealth) market for life sciences, digital therapeutics are software products used in the treatment of medical conditions. A growing number of start-ups and well-established technology companies are introducing innovative applications designed to enable patients to take greater control of their care. They are similar to customer wellness apps, but with one key difference: Digital therapeutics focus on delivering clinical outcomes. Better health care through digital therapeutics Digital therapeutics have the potential to address unmet patient needs that traditional treatments and therapies have been unable to provide. Companies that are able to leverage life sciences technology to address these gaps, in combination with faster product development timelines, could gain a significant advantage over traditional life sciences companies. For pharmaceutical and medtech companies, digital therapeutics offer a wa...
Post a Comment
Read more

Our look at the biggest trends hitting the industry over the coming 12 months

By
Honeycomb Sandwich Material Market  Report , published by Allied Market Research, forecasts that the global market is expected to garner $760.1 million by the year 2022, registering a CAGR of 10.0% during the period 2016 - 2022.  The global demand for honeycomb sandwich materials has gained traction owing to its superior mechanical performance and lightweight property. Among the type of materials used for honeycomb structures, aluminum segment accounted for over one-third of the overall market in 2015, owing to its low cost and high tensile strength. Download the Sample Report @  https://www.alliedmarketresearch.com/request-sample/610?utm_source=Blogger&utm_medium=Niranjan Honeycomb sandwich is used specifically in applications that involve high strength-to-weight ratio, high stiffness-to-weight ratio, and corrosion resistance. These materials are applicable in aerospace & aircraft, automotive, satellites, trains, and others including clean room industry and...
Post a Comment
Read more