encouraging growth potential for the indian paint industry: the indian paint and coatings industry is still performing well despite slower growth due to the global financial crisis.
The Indian paint industry has been performing well in the past few years. Despite the global economic slowdown, the industry is still performing well. Per capita consumption of paint in India is still very low at 1. 25 kg to 51. Qatar is 7 kg and Singapore is 38 kg or 25. 8 kgin the U. S. Even per capita consumption in China has reached 2. 5 kg and SriLanka 3. 5 kg. India still has a long way to go. So the future of Indian tourism is very bright. India\'s industrial scale is about 0. 94 billion, worth about $2 billion. Organized departments accounted for 54% of the total and 65% of the value. In the past decade, the industry has grown at a compound annual growth rate. CAGR)of 12- 13%, it is expected to grow at a compound rate of 11-11 over the next five years12%. The industry is positively related to the country\'s gross domestic product (gdp (GDP) Both have the same growth momentum. The paint industry in India can be divided into decorative coatings accounting for 75% of the market and industrial coatings accounting for the remaining 25%. The demand for coatings is both derivative and direct. The demand for decorative paint is a direct demand, while the demand for industrial paint is a derivative demand. In terms of quantity and value, decorative coatings account for most of the market. Due to the lack of technical knowledge, the unorganized part played a huge role in the decorative paint part A highly dispersed market. The industrial coatings industry is dominated by organized industries because of its high-tech orientation. This is also the most profitable area. Charts 1 and 2 depict the composition of the decorative and industrial sectors. Most organized companies have multiple branches across the country. Manufacturing facilities. Most of the companies in the unorganized industry are regional, distributed within and around manufacturing facilities, engaged in the trading of low-value products. [ Slightly] Illustrations Under the permit system, subject to FERA ( Administration of Foreign Exchangeand MRTP ( Practice of monopoly and restrictive trade Most players are not allowed to increase production capacity until 1990 seconds. With liberalization, these constraints were lifted and industry was developed. Technology India climate conditions are not conducive to foreign formula, the cost of modification of product formula is quite high. Therefore, imports do not pose a big threat to Indian players. In the field of industrial coatings, the main participants have established cooperative relations They have access to the latest technologies and markets. Even if import duties fell from 40% to 15, it denied further supply to the international market. 3% in the past eight years. Raw material coating is a raw material intensive industry. More than 300 different raw materials are required to produce paint, most of which are oil-based. Titanium dioxide is the largest consumption of raw materials. It accounts for about 30% of total manufacturing costs. Besides, there is oil. Basic raw material composition 40- Accounted for 50% of total raw material consumption. Therefore, any change in the price of crude oil will affect the price and profitability of the paint industry. Product culture most companies have the same product range in the decorative paint market. In the industrial field, the series is more easily customized and guided with the technical support provided by the laboratory. In terms of decorative products, most of the technology has been home-grown over the years, and products can be divided according to internal and external applications or internal categories (such as water) Solvent-based-based. In addition, most companies have been promoting their products in the internal/external emulsion category, which has expanded the market and triggered a shift from expansion agent and cement paint. While solvent- Porcelain glaze is still very popular in India, from solvent-to water- India will need some time to switch to water in overseas markets-basedcoatings. For the decoration scope, due to obstacles, such as the strong network of veteran players, brand image, product scope (Indian context) Logistics needs to be delivered. Therefore, a safer route has been and will be marked with existing companies. However, this may not apply for industrial products and is based on their connection Domestic ups and its original equipment manufacturers (OEM) Customers can produce and sell the range required. However, niche players still have room for radical and unique changes in products that are correctly conceived and sold in an Indian environment and supported by machines. Another concept being adopted in India is the use of ecosystemsFriendly paint. Traditional coatings contain more than 1,000 chemicals such as formaldehyde and benzene. These chemicals can cause health problems. Low levels of exposure to the paint based on lead pigments may irritate or burn the eyes, nose, throat and skin, as well as headaches, when exposed to some elements in the paint, even in a short period of time, also dizziness or nausea due to serious and lasting effects such as kidney or liver damage or respiratory problems. Some paint companies have made active efforts to eliminate lead Base pigment and replaced non Toxic raw materialsThus eco-paints are non- Toxic substances with low VOCs, no smell, can be colored in any color with non-volatile organic compoundstoxic tints. They are produced from less than 250 chemical components, more than 98% of which come from plant sources and minerals. These raw materials contain toxic substances, are renewable and have a low environmental footprint. The leader of organized coatings industry in India is Asian coatings, with a market share of more than 40%, Kansai Nerolac (20%)Berger paint (19%)and AkzoNobel (12%). Asian paint is a market leader in the decoration sector, while Kansai Narak dominates the industrial and automotive sectors. Compared with global standards, the share of industrial coatings in total paint consumption is very low. It accounts for 25% of the paint market in India and 75% of the paint sold in India. In most developed countries, the proportion of decorative painta- Vis industrial coatings are about 50: 50. However, with the development of the decoration industry, the company is paying more and more attention to industrial coatings. The prospect of industrial coatings is bright. In the next few years, its share will rise gradually as the global trend. At present, the main players in the Indian paint market are in the expansion mode. Asian Coatings enhance the production capacity of Hema achal ( For powder coating) And Maharashtra ( (Industry) Berger\'s factory in Jammu began to contribute to its top-level performance, despite being ranked behind. Kansai Nerolac is building a green field plant in Hosur, Tamil Nadu, and expanding at its Lote Parshuram and Bawal factories. The current trend is that India\'s paint and paint industry has greatly promoted the growth of India\'s automotive industry, the new construction of the housing sector and the improvement of infrastructure throughout the country. However, due to the slowdown in the real estate and automotive industries, the recent global slowdown has affected the paint industry to some extent. Top- The influence of Linegrowth to some extent There is a lot of pressure. Consumers are looking forward to the application of new products in special fields. The company is adding value. Provide customers with a variety of finished products through professional and trained applications, and get good support from professional service back office support, so as to provide additional services to customers. There has been a higher growth in domestic emulsion coatings --a-vis distempers. The use of economic emulsion is increasing, replacing the lower price Reasonable price. The same is true for external emulsion trends Base paint is now more popular than traditional cementbased coatings. More and more consumers are constantly looking for better products, Cheaper simulator, they are more durable and better Looks over in a wider color range. Despite the economic slowdown, the growth rate of India\'s paint industry has slowed. It has tremendous growth potential in the next few years. The growth rate of the decoration industry exceeds the industrial field, but with the development of the automotive industry, the industrial field has greater growth potential. Players with active marketing strategies and a comprehensive portfolio will grow at a faster rate. New trends in technology and marketing suggest that the industry may consolidate in the coming years as industry leaders increase market share. Find partners 1) Equipment for coating resin and process and its application2) Composite materials for wind turbine blades3) Wind tower coating of goldfish group of Shijiazhuang paint company (GFPC) Located in Shijiazhuang city, Hebei province, China, 280 km kilometers south of Beijing. Atpresent GFPC is a comprehensive company with a provincial paint R & D center. & D. Hospital, 8 production plants, 5 trading companies and 10 joint-stock branches. GFPC is a company specializing in the production of paints, resins and adhesives. Future 3- For five years, GFPC has made the resin and coating of wind energy a strategic key to the company\'s development. 1. Now, the company wants to buy the following used equipment and related technologies from the European or US markets. (1) Equipment, technology and application of water Anti-corrosion coating resin for industrial use(2) Equipment, technology and application of Uv curing and low temperature curing medium fiber board powder coating resin(3) Equipment, technology and application of special adhesive/ink resin(4) Equipment, process and application of high solid content and low viscosity alcohol based resin(5) Equipment, process and application of epoxy resin(6) Steel Packaging Printing equipment printed with labels and instructions 2. GFPC plans to acquire a resin factory in the Western European market. 3. GFPC is looking for partners who can manufacture composites for wind blades, as well as those who can provide Tower coatings with experience in protection and marine coatings; For more information about the cooperation format, please contact WilsonDu. Contact: du Weixin Tel: 0086-311- 85233805 Fax: 0086 31183035061 E- Mail: ftdu @ from goldenfish @. com. Cn MSN: from duzhenan6 @ hotmail. com Add: No.