Emulsion paint market is forecasted to grow at a CAGR of around 35% during FY 2012-2015, acknowledged RNCOS.
(prHWY.com) November 15, 2012 - NOIDA, India -- Emulsion paint, the finest quality of decorative paint has witnessed rapid growth over the past few years and emerged as one of the highly potential segments of the Indian paint industry. Backed by increasing disposable income and a desire of high-class living, emulsion paints are gaining popularity, especially in tier-I cities. The increasing demand of luxury housing and large advertisement campaigns by paint companies are also spurring growth in the emulsion paint industry. On the base of all the studied factors, the emulsion paint market is anticipated to grow at a CAGR of around 35% during FY 2012-2015, according to a recent report by RNCOS titled, "Indian Paint Industry Forecast to 2015".
Emulsion paints accounts for lion's share (more than one-third) in the decorative paint market. Other segments including enamel, distemper and cements paints also hold adequate growth possibility in the coming years. Affordability factors count for these types of paints that are expected to show remarkable growth in smaller cities and towns where people are not able to spend too much on paints.
The report, "Indian Paint Industry Forecast to 2015", is an outcome of widespread research and objective analysis of paint market potentials in India and is authored to study all aspects of the Indian paint industry. Apart from decorative paint, it also studied industrial paints including automotive coating, high performance coating, powder coating and coil coating. Besides, the report is categorized by product class (premium, mid-tier and economy) and raw material (pigments, solvents, binders and additives). It also provides emerging market trends, industry drivers, import and export scenario, and comprehensive insight on major industry players. This way, the report presents a complete picture of the Indian paint industry that helps client to frame their investment decisions accordingly.
For FREE SAMPLE of this report visit:
http://www.rncos.com/Report/IM408.htm
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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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