India Specialty Coatings Market Forecast 2030 with Charts, Data Visuals & Insights

 


Future India Specialty Coatings Market: Key Dynamics, Size & Share Analysis

The India Specialty Coatings Market size is valued at around USD 1,311 million in 2025 and is projected to reach USD 2,319 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.08% during the forecast period, i.e., 2025-30. 

Top Driver Impacting the India Specialty Coatings Market Growth

Rapidly Expanding Manufacturing Facilities Driving Market Growth – India is one of the largest manufacturing hubs for the production of specialty chemicals, including specialty coatings, which has been significantly driving this market. For instance, India has over 100 production activities to substantially manufacture specialty coatings in India.

Additionally, several global players, like BASF, Arkema, Lubrizol, and many more establishing new manufacturing facilities in the country to further expand their manufacturing units in the country. For instance, BASF expanded its e-coating manufacturing facility in Mangalore, while Lubrizol has also announced recently that construct another one of the largest production facilities in Aurangabad, India. Similarly, the ACTEGA company (2024) inaugurated a new WESSCO® UV coatings production facility in India, while the Arkema group in India has increased its production capacity to produce resins, which are active raw materials for specialty coatings, thus supporting the market growth & expansion.

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Understanding the Core Segments in the India Specialty Coatings Market

India Specialty Coatings Market Size, Share & Industry Trends Analysis - By Product Type (Epoxy Coatings, Polyurethane Coatings, Fluoropolymer Coatings, Acrylic Coatings, Silicone Coatings, Alkyd Coatings, Others), By Distribution Channel (Direct Sales, Distributors, Specialty stores, Online Retail, Supermarkets and Hypermarkets), By Application (Industrial [Manufacturing, Automotive, Energy, Marine, Aerospace, Electronics], Commercial [Infrastructure, Building], Residential) and Others

Geographical Analysis of the Smart Irrigation Market

-By Region

  • North
  • South
  • East
  • West
  • Central

Who Dominates the India Specialty Coatings Market Insights on Key Industry Players?

Companies are strengthening their presence in the India Specialty Coatings market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

  • AkzoNobel India Ltd.
  • Axalta Coating Systems India Pvt. Ltd.
  • SBL Specialty Coatings Pvt. Ltd.
  • Sheenlac Paints Limited
  • Beckers Group India
  • RPM International Inc.
  • Hempel India
  • BASF India Ltd.
  • Chugoku Marine Paints Ltd. India
  • Empowera
  • Others

Tap into future trends and opportunities shaping the India Specialty Coatings view the complete report: https://www.marknteladvisors.com/research-library/specialty-coatings-market-india.html           

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