India Paints and Coatings Market Size and Growth Forecast
India Paints and Coatings Market Introduction According to Mordor Intelligence, the India paints and coatings market is projected to grow from USD 12.51 billion in 2026 to USD 19.50 billion by 2031, registering a CAGR of 9.28% during the forecast period. The India paints and coatings market serves residential and commercial construction, automotive manufacturing, industrial equipment, transportation, and packaging. Key Trends in the India Paints and Coatings Market Growing Demand from Construction and Infrastructure Residential buildings, commercial properties, highways, metro projects, and other infrastructure developments create demand for decorative and protective coatings. Homeowners also require paints for renovation, repainting, waterproofing, and surface protection. Manufacturers are expanding their distribution networks to serve customers in smaller cities and towns, where organised paint products continue to gain market presence. Increasing Use of Water-Borne ...