Published on September 24, 2014

In India the current government for coating industries is prone to give importance for the development of various types of infrastructure and built-up bode well. This in turn will support industries which offer paints and coating for industrial or architectural use as they are not the only one that are being provoked. Nevertheless the coatings industry of India seems quite impressive with around Rs. 40,000 crore which approximately around USD 6.7 billion, however in compare to the other emerging markets it is inexplicably small and embodies approximately 4% of the global market.

Moreover according to the researched report, architectural paints still dominates around 70% of the Indian market, which covers the interiors and exteriors of houses, however at the same time, the industrial segment will prolong to be a key driver of enlargement which serves the a wide range of end-uses counting right from packaging, automobiles and electronics that has the prospective for even faster growth.

Nevertheless, in this sector the coating not only sever an aesthetic function but it also serves as a performance one that safeguards the core shell from deterioration – such as in automobile sector or maintaining the contents without any damage – like a container food.

According to the industry experts, standards which is noted as one of the key driver of growth in the coatings industry, is required for both the products and over and above for best results in the application. However in both the counts India is lacking behind and the problem in the midst of standards in the industrial coatings is not so much of an issue. In terms of financial clout and labor force, industrial consumers are informed in general better and have the capabilities to make sure that conformity to technical agreements are based on standards and resonance science, which is noted as one of the major reason as per the researched report.

Moreover, by means of offering wide-ranging product and relevance services assisted by warranties for a reasonable period of time together with the assure of repainting if required few leading architectural paint companies of India are currently having a  glimpse to tackle this issue individually.

Furthermore, to make certain that more environmentally suitable products used and are not harmful – contemporary standard is noted as one of the opportunities for speciality chemicals that will serve to qualitatively upgrade the coatings sector.

However, in optimising formulations and making them cheaper, the speciality chemical plays an important role and the pigment and titanium dioxide are usually the most expensive component of paint that supplies hiding power and enables formation of a sturdy film that protects and preserves.