Paint Industry in India

The Indian keystone persistence - an overviewnews Paint is a multifariousness of four elements - 07 April 2007 file to cabinet attach label bookmark send to friends supply note add to tracker print currency converter informachine tools Highlights The Indian paint industry is a Rs 49 billion sector. The demand for paints is relatively price-elastic but is linked to the industrial and economical growth. The per capita inspi symmetryn of paints in India is very low at 0.5 kg per annum if compared with 4 kgs in the South East Asiatic nations and 22 kgs in developed countries. The global average per capita consumption is 15 kg. In India the organised sector controls 70 per centimeum of the total food market with the remaining 30 percent cosmos in the hands of nearly 2000 small-scale units. In India the industrial paint segment accounts for 30 percent of the paint market while the decorative paint segment accounts for 70 per cent of paints sold in India. In just about developed countries, the ratio of decorative paints vis-Ã -vis industrial paints is around 50:50.

All the industry major league have a vast dealership intercommunicate and are required to maintain high inventory levels. most of the paint leaders have technical tie-ups with global paint leaders. Sector comments Paint is a mixture of four elements - solvents, binders, pigments and additives. Solvents overhaul the paint a liquid flow while the binder binds it to the surface. Pigments impart colour and opacity to the paint and the additives give it particular(prenominal) resistance properties. Sector trends The recession in the construction and car sector had thrown in shades of grey crossways the Industry spectrum, but the revival in these sectors is cause for recommend for the paint industry as well. The balance sheets of the industry majors are now painted with bright colours. Sector specifics On product... If you want to get a full essay, order it on our website: Ordercustompaper.com

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