The India Paints And Coatings Market size is estimated at USD 9.60 billion in 2024 and is expected to reach USD 15.04 billion by 2029, growing at a CAGR of 9.38% during the forecast period (2024-2029).
As the government lifted limitations in 2021 post-COVID-19 outbreak, the market began to grow steadily with the following key factors:
- Growing demand from the construction industry, coupled with the recovering automotive industry, is driving the need for the market studied.
- On the flip side, fluctuation in raw material prices is estimated to hamper the market’s growth.
- The use of nanotechnology in the paints and coatings industry is expected to offer various market growth opportunities during the forecast period.
How is ASR adding value to the Paint Industry?
Quartz:
Quartz, with its excellent chemical and physical properties, plays a crucial role in the paint industry. It serves as a key ingredient in paint formulations, offering attributes such as hardness, durability, and abrasion resistance. Additionally, Quartz enhances the overall texture and appearance of paints, providing a smooth and glossy finish that lasts.
Soda Feldspar:
Soda Feldspar is another essential mineral used in the paint industry. Its low iron content and high alumina content make it an ideal additive for enhancing the opacity and color strength of paints. Soda Feldspar also improves the adhesion of paints to various surfaces, ensuring long-lasting performance and durability.
Potash Feldspar:
Potash Feldspar is widely utilized in the paint industry for its unique properties. It acts as a fluxing agent, promoting the fusion of other ingredients in paint formulations. Potash Feldspar contributes to the viscosity and flow properties of paints, allowing for easy application and smooth coverage. Additionally, it enhances the color stability and brightness of paints, ensuring vibrant and long-lasting hues.
Keeping the above parameters in mind, we at ASR are 100% committed to adhering to stringent quality control on our raw materials.
Get in Touch:
Ready to experience the difference with ASR Energy Infra Solutions? Contact us today to learn more about our products and services or to discuss your specific requirements. We look forward to hearing from you and partnering with you on your next project.
