| Product Code: ETC418460 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India continued to rely on key markets such as China, Taiwan, Japan, Germany, and the USA for modeling paste imports. Despite a slight CAGR of 0.23% from 2020 to 2024, the industry experienced a decline in growth rate of -3.73% from 2023 to 2024. The High Herfindahl-Hirschman Index (HHI) indicates a notable concentration of imports among these top exporting countries, underscoring the competitive landscape and dependencies within the market. Monitoring shifts in trade dynamics and diversifying sourcing strategies may be crucial for stakeholders in the Indian modeling paste industry.

India Modeling Paste Market is growing at tremendous rate on the back of demand for modeling paste products. Typically, this market consists of a wide range of modeling pastes such as air drying, water based and oil-based pastes. The technological advancements in this sector have also fueled the market. With the rising awareness among consumers about innovative products, manufacturers are introducing new and improved versions of existing products which further drives the market. Additionally, changing consumer preferences towards DIY projects have become an important factor driving the growth of this market in India. Moreover, factors like easy availability and affordability make it even more attractive for consumers in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Modeling Paste Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Modeling Paste Market Revenues & Volume, 2021 & 2028F |
3.3 India Modeling Paste Market - Industry Life Cycle |
3.4 India Modeling Paste Market - Porter's Five Forces |
3.5 India Modeling Paste Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 India Modeling Paste Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 India Modeling Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Modeling Paste Market Trends |
6 India Modeling Paste Market, By Types |
6.1 India Modeling Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Modeling Paste Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 India Modeling Paste Market Revenues & Volume, By White, 2018 - 2028F |
6.1.4 India Modeling Paste Market Revenues & Volume, By Red, 2018 - 2028F |
6.1.5 India Modeling Paste Market Revenues & Volume, By Green, 2018 - 2028F |
6.1.6 India Modeling Paste Market Revenues & Volume, By Black, 2018 - 2028F |
6.1.7 India Modeling Paste Market Revenues & Volume, By Others, 2018 - 2028F |
6.2 India Modeling Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Modeling Paste Market Revenues & Volume, By Commercial, 2018 - 2028F |
6.2.3 India Modeling Paste Market Revenues & Volume, By Residential, 2018 - 2028F |
7 India Modeling Paste Market Import-Export Trade Statistics |
7.1 India Modeling Paste Market Export to Major Countries |
7.2 India Modeling Paste Market Imports from Major Countries |
8 India Modeling Paste Market Key Performance Indicators |
9 India Modeling Paste Market - Opportunity Assessment |
9.1 India Modeling Paste Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 India Modeling Paste Market Opportunity Assessment, By Application, 2021 & 2028F |
10 India Modeling Paste Market - Competitive Landscape |
10.1 India Modeling Paste Market Revenue Share, By Companies, 2021 |
10.2 India Modeling Paste Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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