In 2020, the industrial paint segment within the domestic paint sector in India generated a market value of 130 billion Indian rupees. Considering the period since 2008, this represents a CAGR of 7.9 percent. Industrial paints are mostly used as refinish coatings in different industrial sectors with the main recipient for industrial paints in India being the automotive sector.
Market value of the industrial paint segment in India from financial year 2008 to 2020
(in billion Indian rupees)
Characteristic
Market value in billion Indian rupees
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Nirmal Bang. (September 1, 2020). Market value of the industrial paint segment in India from financial year 2008 to 2020 (in billion Indian rupees) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1197232/india-value-of-the-industrial-paint-segment/
Nirmal Bang. "Market value of the industrial paint segment in India from financial year 2008 to 2020 (in billion Indian rupees)." Chart. September 1, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1197232/india-value-of-the-industrial-paint-segment/
Nirmal Bang. (2020). Market value of the industrial paint segment in India from financial year 2008 to 2020 (in billion Indian rupees). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1197232/india-value-of-the-industrial-paint-segment/
Nirmal Bang. "Market Value of The Industrial Paint Segment in India from Financial Year 2008 to 2020 (in Billion Indian Rupees)." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1197232/india-value-of-the-industrial-paint-segment/
Nirmal Bang, Market value of the industrial paint segment in India from financial year 2008 to 2020 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1197232/india-value-of-the-industrial-paint-segment/ (last visited August 25, 2024)
Market value of the industrial paint segment in India from financial year 2008 to 2020 (in billion Indian rupees) [Graph], Nirmal Bang, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1197232/india-value-of-the-industrial-paint-segment/