India Powder Coatings Market Research Report, 2028

In multiple sectors in India, there is an increasing focus on durability and aesthetics. The growing demand for powder coatings has been influenced by this cultural preference for durable and aesthetically pleasing items. Demand for powder coatings in construction, including architectural applications and metal structures, is driven by rapid urbanization and infrastructure initiatives. Powder coatings are used for car parts in the burgeoning automotive industry because they provide improved durability, corrosion resistance, and customization possibilities. Demand for powder-coated furniture, appliances, and consumer electronics has surged as a result of the growing middle-class population and rising disposable income. A shift towards eco-friendly powder coatings with low VOC emissions and little environmental impact is the result of rising environmental awareness. In order to meet the changing tastes of Indian customers, there has been a considerable increase in the need for specialized powder coatings, distinctive colors, textures, and unusual effects. The effectiveness and performance of coatings are increased thanks to developments in powder coating technology, including better formulas, application tools, and curing procedures, which match industry standards. Thin-film powder coatings, which have advantages including less material consumption, quicker cure periods, and improved energy efficiency, are becoming more popular. According to the report title, “India Powder Coating Market Research Report, 2028”, publish by Actual Market research, the market is anticipated to add USD 598.30 Million from 2022 to 2028. The Indian market has witnessed a shift from liquid coatings to powder coatings across various industries. This transition is driven by the advantages of powder coatings, including improved durability, cost-effectiveness, and environmental benefits. Powder coatings find applications in diverse sectors in India, including automotive, furniture, appliances, architecture, and industrial equipment. This versatility contributes to the widespread adoption of powder coatings across different industries. Indian consumers are increasingly seeking customized and unique finishes for their products. Powder coating manufacturers are responding to this demand by offering a wide range of colors, textures, and special effects to cater to individual preferences. The Indian powder coating market is witnessing technological advancements, including improved application equipment, curing processes, and formulation techniques. These advancements enhance the efficiency, quality, and performance of powder coatings.

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In the Indian powder coating market, thermosetting resins, particularly epoxy, and polyester, are highly preferred. Epoxy powder coatings are known for their excellent adhesion, chemical resistance, and durability, making them suitable for a wide range of applications. Polyester powder coatings, on the other hand, offer exceptional weather resistance, UV stability, and color retention, making them popular for outdoor applications. the coating method, the most commonly preferred technique in the Indian market is an electrostatic spray. This method involves electrostatically charging the powder particles and spraying them onto the substrate, ensuring efficient and even coverage. Electrostatic spray application offers excellent control over the coating thickness, reducing waste and providing a high-quality finish. The backing of numerous organizations that promote the expansion and development of the powder coating market in India is advantageous. The Indian Powder Coating Manufacturers Association (IPMMA) is a well-known organization that represents powder coating producers in India. It focuses on promoting the business, providing technical support, and planning industry events. A venue for networking and knowledge sharing is provided by the Powder Coating Institute (PCI) India Chapter, a branch of the international Powder Coating Institute. Through collaboration, policy advocacy, and resources for manufacturers, the Federation of Indian Chambers of Commerce and Industry (FICCI) and the All-India Manufacturers' Organisation (AIMO) also play significant roles in assisting the powder coating sector. In the India powder coating market, the highly used technology is electrostatic spray. This method involves charging the powder particles and applying them to the surface using an electrostatic gun, ensuring uniform coverage and adhesion. Several major brands dominate the Indian powder coating market, including AkzoNobel, Berger Paints, Sherwin-Williams, and Jotun Powder Coatings. These brands offer a wide range of powder coatings for different applications, known for their performance, durability, and environmental benefits. The electrostatic spray method is the most common technique used for applying powder coatings in India, providing precise control over coating thickness and ensuring efficient and effective coverage. In India, one of the most prominent industries for consumers and one that uses powder coatings frequently is the automotive industry. Because of their longevity, resistance to corrosion, and cosmetic alternatives, powder coatings are used on automotive parts like chassis, wheels, bumpers, and interior components. Additionally, powder coatings are frequently utilized in the architecture and building industries for items like aluminum extrusions, windows, doors, facades, and metal constructions. Powder coatings are also widely used in the furniture and appliance industries to improve the look, functionality, and resilience of metal furniture, kitchen appliances, and electronic equipment. Powder coatings are also used by other industries, such as electrical and electronic devices, industrial gear, and equipment. the powder coating industry in India specific obstacles that limit the growth and general adoption. The advantages and application methods of powder coatings are not well-known or understood by end users, to start. This limits the market's potential and promotes a preference for conventional coating techniques. Another issue is that powder coatings can initially be more expensive than liquid coatings, which discourages some enterprises from implementing them. Additionally, in some parts of India, access to cutting-edge infrastructure and technology for powder coatings, like automated application systems and curing equipment, may be restricted, which could have an impact on effectiveness and quality. Another issue that requires attention is the lack of experienced labour with training in powder coating methods. likewise in order to comply with stringent VOC emissions and waste disposal standards, as well as sustainability criteria, producers must make investments in eco-friendly operations and treatment facilities. The competition from conventional coating techniques continues to be a barrier to industries switching to powder coatings.

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Kripa Shah

Senior Analyst

Considered in this report: • Geography: India • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • India powder coating market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Resin Type: • Polyester • Hybrid • Epoxy • Polyurethane • Acrylic • Other

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By Coating Method • Electrostatic Spray Coating • Fluidized Bed Coating • Others By End User Industry • Appliance • Automotive • General Industrial • Architectural • Furniture • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the powder coating market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.