A colorful glossy surface is always attractive. This is merely possible through painting. The paint industry is growing largely throughout India. There are two types of paint – industrial and decorative painting. Industrial painting is less popular than decorative painting. Here is a list of the top 10 paint companies in India based on their market presence, revenue, customer reach, and product quality:
1. Asian Paints
Asian Paints is India’s largest paint company involved in the sale of paints, decorative and industrial coatings and other related products. Today, Asian Paints boasts of an efficient distribution network and the factor. It has been putting emphasis on sustainability.
2. Berger Paints
Another existing participant of the Indian paint market is Berger Paints India Limited providing decorative and industrial coating solutions. As the market leader in paints and with its focus on the latest technology. It has a large network coverage in the country.
3. Kansai Nerolac Paints
Kansai Nerolac Paints is part and parcel of the Kansai Paint Company from Japan. This company deals with master batches of commercial, industrial, and automobile coatings. Management has made known to its many customers. The company has innovative paint solutions for all its clients.
4. AkzoNobel India
AkzoNobel India works under the umbrella of global organizations AkzoNobel. It is eminent in offering paints that are sustainable and environment friendly. Being focused on innovative and aesthetic solutions, AkzoNobel supplies the consumers with decorative and performance coatings.
5. Shalimar Paints
Over the period of 110 years Shalimar Paints is considered to be one of the prominent paint manufacturing companies in India. It provides a wide range of decorative as well as industrial paint. An appreciation of quality and clients seems to be a policy of this company. This company serves it differently in the market.
6. Jotun India
Jotun India is a division of the international Jotun group based in Norway. The company has concentrated in offering high performance coatings across industries such as the marine, protective as well as the decorative coatings division. It is also backed by research, advanced technology and environmentally friendly business management practices.
7. Nippon Paint India
Nippon Paint India Limited is one of the top players in the decorative, automotive, and industrial segment coatings in India. The core competence area of this company has been innovation and color technology. It has positioned the firm well to secure many residential as well as commercial projects.
8. Snowcem Paints
Externally, Snowcem Paints was one of the many players in the Indian paint market providing exterior and interior paints. Another remarkable feature that defines this company from the rivals is it steers on green products and products that will last for long.
9. Indigo Paints
It is one of the young players in the Indian paint market. The company has successfully occupied a significant market space due to its qualitative and unique products and novel colors. Hence, the company being involved in the provision of quality and appropriately priced products makes it a considerable competitor in the sector.
10. British Paints
British Paint is one of the popular brands in the Indian subcontinent specialising in decorative and industrial coatings. The firm originates from more than a century ago but has experienced appropriate growth in terms of product offerings to suit client needs.
This paints industry’s top 10 paint companies in India are very much involved in transforming the kind of paints. They all are available in the market with greater varieties, innovations and superior quality. These companies offer customers many kinds of paints that they may use to improve the looks and the protection of their areas.
Is painting industry in India growing enough?
The painting industry of the country has a definite standing in Indian economy. It is a vital component used in construction, automobile, industrial and decorative segments. There are several drivers that has attributed towards the steady growth in the industry such as an increase in infrastructure development, urbanization, and renovation projects. This industry continues to boost the demand of paints and coatings.
In India, the factor that has led to the growth of this sector is determined by the following reasons. Growth in Real Estate industry, increasing per capita income and emerging trend of beauty and better look of the building has created a demand for decorative paint for civil use both commercial and residential. Notably, automobiles and industries use coatings for protection, surface finishing for various purposes, as well as beautification of their facilities hence fueling the paint products’ demand.
