Paint Market Growth to Remain Upbeat in India

The Indian paint industry has been growing unprecedentedly on back of strong economic growth, and the future holds vast potential for it, says RNCOS in its latest research study.

NOIDA, India (prHWY.com) June 4, 2012 - In India, the paint industry has witnessed a strong growth in the past few years, and emerged as one of the industries holding immense growth potential. According to a new research report by RNCOS, the Indian paint industry, which registered impressive sales worth over INR 185 Billion in FY 2011, is being mainly driven by improving purchasing power, and increasing demand from automotive and real estate sectors. Leading players like Asian Paints, and Kansai Nerolac are expanding their footprints, and it is estimated that the Indian paint market will post a healthy double digit CAGR during FY 2011- FY 2015.

Research Analysis and Highlights

The report, "Indian Paint Industry Forecast to 2015", which is spread over 65 pages, is an outcome of extensive research and objective analysis of the paint market's potentials in India. The broad study provides information and rational analysis on the emerging market trends and drivers, along with the regulatory initiatives, which are collectively uplifting the industry's outlook. The research work provides insights into paint export and import market, and analyzes raw material segment. A brief overview of the prominent industry players has also been included in the report to provide a balanced research outlook on the industry. Overall, it presents a comprehensible and complete analysis of the Indian paint industry that will prove decisive for clients.

Some of the report's key highlights include:

- Increasing demand for emulsions in India.
- Decorative Paint market in India is expected to report a CAGR of more than 15% during FY 2012-2015.
- Automotive Coating is one of the fastest growing sub-sectors in the Indian Industrial paint market.
- Raw materials account for 60% of the net sales of the Indian paint Industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM408.htm

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: india paint industry

Categories: Business

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