Powder Coatings Industry in India: Market Size, Share, 2033

India Powder Coatings Market Size, Share, Trends and Forecast by Resin Type, Coating Method, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30175

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India Powder Coatings Market Overview:

The India powder coatings market size reached USD 509.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 770.9 Million by 2033, exhibiting a growth rate (CAGR) of 4.7% during 2025-2033. The market is expanding due to rising demand from automotive, consumer durables, and construction sectors. The shift toward low-VOC, sustainable coatings and technological advancements in durability and efficiency are driving growth. Additionally, increasing industrialization, infrastructure projects, and regulatory compliance further strengthen market expansion across key industries.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 509.9 Million
Market Forecast in 2033	USD 770.9 Million
Market Growth Rate 2025-2033	4.7%

India Powder Coatings Market Trends:

Rising Demand for Environmentally Friendly Coatings

India's powder coatings market is experiencing a robust shift to sustainable, low-emission coatings as industries turn away from solvent-based options. Powder coatings have no volatile organic compounds (VOCs), and thus they are the choice of companies that are sustainability and regulation focused. The increasing use of green building materials, energy-efficient appliances, and environmentally friendly automotive finishes is driving this trend. For instance, as per industry reports, India ranked third on the U.S. Green Building Council’s 2024 LEED list, certifying 370 projects spanning 8.5 Million gross square meters, highlighting its strong commitment to sustainable building practices. Additionally, advancements in powder coating formulations, such as low-temperature curing and high-durability coatings, are expanding their application in industries aiming to reduce energy consumption. With stricter environmental regulations and a rising focus on corporate sustainability, demand for powder coatings with improved recyclability and minimal waste generation is expected to increase significantly.

India Powder Coatings Market Size

Expanding Application Across Consumer Durables and Automotive Sectors

The consumer durables and automotive industries are driving demand for powder coatings due to their durability, corrosion resistance, and aesthetic appeal. In consumer appliances, powder coatings enhance surface protection while allowing for a variety of finishes, making them a preferred choice for refrigerators, washing machines, and air conditioners. The automotive sector is adopting powder coatings for components such as wheels, chassis, and engine parts, as they offer superior heat and impact resistance. The rising middle-class population and increasing disposable income are fueling growth in both sectors, leading to higher consumption of premium-quality coatings. For instance, as per industry reports, in 2024, India's middle class makes up 31% of the population, reflecting its growing economic influence and expanding consumer base. Furthermore, as manufacturers look for cost-effective, long-lasting solutions, powder coatings are replacing traditional liquid-based paints in many applications.

India Powder Coatings Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on resin type, coating method, and application.

Resin Type Insights:

Thermoset
- Epoxy
- Polyester
- Epoxy Polyester Hybrid
- Acrylic
Thermoplastic
- Polyvinyl Chloride (PVC)
- Nylon
- Polyolefin
- Polyvinylidene Fluoride (PVDF)

The report has provided a detailed breakup and analysis of the market based on the resin type. This includes thermoset (epoxy, polyester, epoxy polyester hybrid, and acrylic) and thermoplastic (polyvinyl chloride (PVC), nylon, polyolefin, and polyvinylidene fluoride (PVDF)).

Coating Method Insights:

Electrostatic Spray
Fluidized Bed

A detailed breakup and analysis of the market based on the coating method have also been provided in the report. This includes electrostatic spray and fluidized bed.

Application Insights:

India Powder Coatings Market By Application

Consumer Goods
Appliances
Automotive
Architectural
Agriculture, Construction and Earthmoving Equipment (ACE)
General Industries
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes consumer goods, appliances, automotive, architectural, agriculture, construction and earthmoving equipment (ACE), general industries, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Powder Coatings Market News:

In April 2023, AkzoNobel announced the launch of Interpon D2525 stone-effect powder coating in India, offering aluminum surfaces a natural stone look without the cost or complexity of real stone. The company aims to ensure super durability, a 25-year warranty, and sustainability benefits, including zero VOCs and waste reduction.
In February 2024, Arkema announced an investment in India’s powder coatings sector to expand low-VOC and lower-carbon coating solutions. Its Navi Mumbai facility supports innovation in high-solid, waterborne, and UV/LED/EB coatings, providing enhanced technical support and development capabilities.

India Powder Coatings Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Resin Type Coating Method Application Region
Resin Types Covered	Thermoset: Epoxy, Polyester, Epoxy Polyester Hybrid, Acrylic Thermoplastic: Polyvinyl Chloride (PVC), Nylon, Polyolefin, Polyvinylidene Fluoride (PVDF)
Coating Methods Covered	Electrostatic Spray, Fluidized Bed
Applications Covered	Consumer Goods, Appliances, Automotive, Architectural, Agriculture, Construction and Earthmoving Equipment (ACE), General Industries, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India powder coatings market performed so far and how will it perform in the coming years?
What is the breakup of the India powder coatings market on the basis of resin type?
What is the breakup of the India powder coatings market on the basis of coating method?
What is the breakup of the India powder coatings market on the basis of application?
What is the breakup of the India powder coatings market on the basis of region?
What are the various stages in the value chain of the India powder coatings market?
What are the key driving factors and challenges in the India powder coatings?
What is the structure of the India powder coatings market and who are the key players?
What is the degree of competition in the India powder coatings market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India powder coatings market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India powder coatings market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India powder coatings industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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