The India powder coatings market attained a value of USD 1.19 Billion in 2024. The market is further expected to grow at a CAGR of 6.00% in the forecast period of 2025-2034, to reach USD 2.13 Billion by 2034.
India Powder Coatings Market Segmentation
Powder coating refers to a type of coating which is used as a free-flowing, dry powder. Unlike traditional liquid paint, which is supplied by evaporating solvents, the powder coating is usually applied electrostatically and then cured under pressure. The material may be a thermoplastic or a thermoplastic polymer.Market Breakup by Resin Type
- Thermoset
- Thermoplastic
Market Breakup by Coating Method
- Electrostatic Spray
- Fluidized Bed
Market Breakup by Application
- Appliances
- Automotive
- Architectural
- Furniture
- Agriculture, Construction & Earthmoving Equipment (ACE)
- General Industrial
- Others
Market Breakup by Region
- North India
- South India
- West India
- East India
India Powder Coatings Market Analysis
The India powder coatings market is majorly being driven by the automotive, furniture, appliances, and other industries, as powders are an essential part of a construction that is damaged, such as spillage, abrasion, and exposure to dust, chemicals, heavy loads, and UV light. The increase in the awareness of the benefits of industrial powder coatings and the development of environmental-compliant powder coatings are also driving the market growth further. Factors such as increased consumer spending, increasing per capita income, changing consumer preferences, and technological advancement is also expected to propel the industry forward. Efficiency and overspray are key factors controlling the economy of the market. Higher utilization rate compared to liquid types is one of the key factors influencing the overall growth of the industry.Competitive Landscape
The report presents a detailed analysis of the following key players in the India powder coatings market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions.- Akzo Nobel India Ltd.
- Berger Paints India Limited
- Durolac Paints, Inc.
- Jotun India Private Limited
- Maharani Innovative Paints Pvt. Ltd.
- Marpol Private Limited
- PPG Asian Paints Private Limited
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 India Powder Coatings Market Analysis
6 Regional Analysis
7 Market Dynamics
9 Competitive Landscape
Companies Mentioned
The key companies featured in this India Powder Coatings market report include:- Akzo Nobel India Ltd.
- Berger Paints India Limited
- Durolac Paints, Inc.
- Jotun India Private Limited
- Maharani Innovative Paints Pvt. Ltd.
- Marpol Private Limited
- PPG Asian Paints Private Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 130 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 1.19 Billion |
Forecasted Market Value ( USD | $ 2.13 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | India |
No. of Companies Mentioned | 8 |