Product Code: ETC418640 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Powder Coating Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 11.49% in 2025, growth builds up to 46.02% by 2029.
The powder coating market in India is witnessing substantial growth, driven by the automotive, industrial, and architectural sectors. Powder coating offers durability, aesthetic appeal, and environmental benefits, making it a preferred choice over traditional liquid coatings. As industries prioritize eco-friendly practices and product quality, the powder coating market is expected to continue its expansion.
The India powder coating market is driven by its use in the automotive, construction, and industrial sectors as an alternative to traditional liquid coatings. Powder coatings offer several advantages, including reduced environmental impact, durability, and a wide range of color options. The market`s growth is influenced by the expansion of these sectors, the trend towards eco-friendly and sustainable coatings, and regulatory standards related to VOC (volatile organic compound) emissions. Technological innovations in powder coating techniques and increasing consumer demand for high-quality finishes also contribute to market development.
The India Powder Coating market faces challenges related to environmental regulations and sustainability. As awareness of environmental issues grows, there is increasing pressure to reduce the environmental impact of coating processes. Adhering to strict emission standards and investing in energy-efficient technologies can be costly for manufacturers. The market must also keep up with advancements in coating technologies to meet the evolving demands of various industries, such as automotive and construction.
The India powder coating market faced challenges during the COVID-19 pandemic. Reduced industrial activities, supply chain disruptions, and workforce limitations affected the availability of powder coatings, commonly used in various industries. However, as industrial production resumed and environmental concerns led to a preference for eco-friendly coating options, the market began to recover.
In the India Powder Coating market, significant players are pivotal in providing high-quality powder coating solutions for various industries, including automotive, appliances, and architecture. Key market players in this segment include Asian Paints, Berger Paints India, and AkzoNobel India. These companies offer a diverse range of powder coatings known for their durability, eco-friendliness, and aesthetic appeal, serving the diverse needs of the India market and contributing to the protection and aesthetics of surfaces and products.
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 Powder Coating Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Powder Coating Market Revenues & Volume, 2021 & 2031F |
3.3 India Powder Coating Market - Industry Life Cycle |
3.4 India Powder Coating Market - Porter's Five Forces |
3.5 India Powder Coating Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 India Powder Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Powder Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-user industries such as automotive, appliances, and furniture |
4.2.2 Increasing focus on environmental sustainability and regulations favoring powder coatings over liquid coatings |
4.2.3 Technological advancements leading to improved performance and cost-efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness and education about the benefits of powder coatings in comparison to traditional coatings |
4.3.3 Intense competition leading to pricing pressures and margin erosion |
5 India Powder Coating Market Trends |
6 India Powder Coating Market, By Types |
6.1 India Powder Coating Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 India Powder Coating Market Revenues & Volume, By Resin, 2021-2031F |
6.1.3 India Powder Coating Market Revenues & Volume, By Epoxy-Polyester, 2021-2031F |
6.1.4 India Powder Coating Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5 India Powder Coating Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.6 India Powder Coating Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.7 India Powder Coating Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.8 India Powder Coating Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Powder Coating Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Powder Coating Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India Powder Coating Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 India Powder Coating Market Revenues & Volume, By Architectural, 2021-2031F |
6.2.5 India Powder Coating Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.6 India Powder Coating Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.7 India Powder Coating Market Revenues & Volume, By Pipeline, 2021-2031F |
7 India Powder Coating Market Import-Export Trade Statistics |
7.1 India Powder Coating Market Export to Major Countries |
7.2 India Powder Coating Market Imports from Major Countries |
8 India Powder Coating Market Key Performance Indicators |
8.1 Percentage of powder coating adoption in key industries (automotive, appliances, furniture) |
8.2 Research and development investment in new powder coating technologies |
8.3 Number of regulatory approvals and certifications for environmentally friendly powder coatings |
8.4 Rate of new product launches and innovations in the powder coating market |
9 India Powder Coating Market - Opportunity Assessment |
9.1 India Powder Coating Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 India Powder Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Powder Coating Market - Competitive Landscape |
10.1 India Powder Coating Market Revenue Share, By Companies, 2024 |
10.2 India Powder Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |