Indian Paint Industry

Indian paint market is expected to reach 49,545 INR Crs by 2016-2017 Decorative market will continue to grow and would have higher share compared to industrial paints Overall paint value market is estimated at 26,040 INR Crs for FY 2011-2012

Indian Paint Industry

Share of decorative paint is 18,490 INR Crs (71 per cent) and share of industrial paint is 7,550 INR Crs (29 per cent) Overall paint volume market is pegged at 3.11 million MT Share of decorative is 2.405 (77.3 per cent) and industrial 0.705 (22.7 per cent) million MT

Indian Paint Industry

Industrial paint market in terms of growth rate, high growth witnessed for auto OEM, protective, powder coating and auto refinish paints High inflation, higher construction costs and interest costs are factors which impact overall demand

Indian Paint Industry

Robust demand for auto (automotive coatings), consumer durables (powder coatings) and infrastructure spend (performance/protective and general industrial coatings) by private players and government

Asian Paints
Asian Paints is Indias largest paint company and Asias third largest paint company, with a turnover of Rs 109.70 billion. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity. Asian Paints operates in 17 countries and has 24 paint manufacturing facilities in the world servicing consumers in over 65 countries

PPG Asian Paints

The automotive coatings market is currently bifurcated into OEMs and auto refinishes, and it is one of the fastest growing sub sectors in the Indian Industrial paint markets The refinishing paint system includes coating systems for passenger cars, commercial vehicles and two-wheeler markets

PPG Asian Paints

PPG Industries, Inc. of USA, the largest producer and supplier of automotive coatings to major global car manufacturers, was looking for a partner to venture into India Asian Paints Limited felt the need to combine state-of-art-technology with its nation-wide distribution network 50-50 joint venture took place leading to the creation of PPG Asian Paints

PPG Asian Paints

PPG Asian Paints is the second-largest player in the automotive OEM paint segment with a market share of 24% percent. PPG Asian Paints is one of the largest suppliers of paints to the Indian venture of Hyundai Motor India, General Motors India and it is the sole supplier to New Holland Tractors India. PPG Asian Paints is also the leading supplier of acrylic CED coating to leading two-wheeler companies: Hero Honda Motors Ltd., TVS Motor Company, and Bajaj Auto Ltd. In addition to Tata Motors Ltd., the company has other automotive players in its client list: Volkwagen India, Ford India Ltd., Mahindra & Mahindra Ltd., and Honda Motorcycles and Scooters India

PPG Asian Paints

PPG Asian Paints became the market leader in the premium segment of the auto refinish business, following the acquisition of advanced refinish 2K business from ICI India in March 2007 PPG Asian Paintss established market position arises from its strong brand equity, benefits derived from Asian Paints wide distribution network, and strong technological support from PPG Industries

Akzo Nobel India

Akzo Nobel India (Akzo) known for its premium segment product Dulux Refinish paint business which caters to refinish paint for automotives contributes ~15% to Akzo's overall revenues. Company has enhanced its focus to cater this business segment. Akzo has launched their international car refinish paint Dynacoat across various distribution points in India

Kansai Nerolac Paints

KNP has an extensive range of auto refinishing brands such as Retan PG ECO Hybrid, Acric EZ, PU Perfect Match, Nerolac Auto Paint & NOVA. The range caters to all auto segments such Cars, Two wheelers, Commercial Vehicles & Buses etc KNP is the dominant player in industrial paints segment with market share of more than 40

Kansai Nerolac Paints

It is a leader in automotive paints and powder coatings with a market share of ~60% and ~27% respectively. KNP has a strong technological backup from its parent company Kansai (Japan) which is the largest paint company in Japan and has been featured in top 10 paints companies in the world

The top 5 companies make up more than 80% sales of the organized market. The market share of the organized sector is continuously improving as consumer preference is shifting towards better products offered by the leading brands. Established Foreign companies have entered the Indian market by acquiring existing Indian companies. Kansai Paints, Japan entered the Indian Market by acquiring Nerolac, Akzo Nobel, the worlds largest Paint company, entered the Indian market by acquiring ICI Paints (now Akzo Nobel India.)