Overview

The global Paints & Coatings market is valued at US $174.3 billion in 2021. The waterborne segment led the market and accounted for more than 39% in 2021. The demand for Paints & Coatings is rising in the automotive industry due to increased overall vehicle demand and replacement of aging vehicles. The increasing spending in the construction sector and consumer preference for eco-friendly products are expected to support the growth of the Paints & Coatings market globally. 
 
The ongoing growth in the urbanization and construction industry, especially in the Asia-Pacific region will drive the consumption of Paints & Coatings. The rate of urbanization in the Asia-Pacific region is around 1.5% per year, the world's highest. It is estimated that by the year 2030, over half of the population in the region will be urban. 
 
According to the United Nations, as of 2021, 33 megacities in the world require planned habitation for the rapidly growing urban population. The global construction output will grow by 85% to reach US $15.5 trillion by 2030.
 
The Indian Paint Industry is today worth over Rs. 62,000 crore (US $8 billion), and is the fastest-growing paint economy in the world with a double digit growth. The decorative paint constitutes 75% of the overall market and includes categories like exterior wall paints, interior wall paints, wood finishes, enamels, primers, and putties. The industrial paint constitutes 25% of the paint market and includes a broad array of segments like automotive, marine, packaging, powder, protective, and general industrial coatings. The segment also includes construction chemicals and adhesives & sealants. 
 
The entry of Grasim Industries and JSW Group and expansions by Indigo Paints and Shalimar Paints is bound to change the Indian Paints & coatings industry in days to come. 
 

Our Partner


Registration form *

Entry to the e-conference is extended only to professionals based on merit, please submit your registration form to apply for complimentary registration

By submitting the above information, you agree to receive communications from Indian Chemical News and its affiliate partners in the future.

Key Discussion Points: 
- How Housing for All will change the dynamics of Paints & Coatings Industry
- Paints & Coatings: Growth and Sustainability
- Impact of strict governmental and environmental regulations

Speaker

Dr. Soma Das Gupta Application Engineer GC/MS Agilent Technologies

She brings over 15 years of research experience with gas chromatography allowing her to explore many aspects of this analytical technique to solve questions across different sectors ranging from food safety to pharmaceuticals. Prior to joining Agilent Technologies, she performed her doctorate research at the University of Pune where she concentrated on developing comprehensive methods for analysis of agro-chemicals in fruits and vegetables. She has worked with Thermo Fisher Scientific for 3 yrs as Application specialist. On joining Agilent, she became part of a team responsible for developing solutions to meet customers' analytical needs. She specialize in multi-residue method development; pesticides and environmental applications and genotoxic impurities in pharmaceuticals. She has more than 25 publications and application notes to her credit and a book chapter.