DUBLIN–(BUSINESS WIRE)–The “India Distemper Market, By Type (Oil Based Distemper, Dry Distemper), By Method of Application (Paint Brush, Roller, Spray), By Application (Exterior Walls, Interior Walls), By Resin Type, By Color, By Painting, By Region, Competition Forecast & Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.
The Indian Distemper Market valued at USD627.9 million (INR 4714.50 crore) in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 11.23%.
Ongoing construction activities, increasing expenditure capacity of consumers on household and introduction of sustainable products are the key driving factors for the Indian Distemper Market for the next five years.
Improvement in the economic condition and rapid infrastructure development to upgrade the existing infrastructure to boost the country’s development is playing a crucial role in accelerating the growth of the Indian Distemper Market. Distemper is available in a wide range of colors, and they enhance the aesthetic appeal of walls by giving the wall a matte finish.
Also, applying distemper is more cost-effective than the other alternatives. Market players are making high-end investments in the research and development activities to find innovative solutions and make distemper more environment-friendly which is expected to create numerous growth opportunities for the Indian Distemper Market in the forecast period. T
he surge in the use of bio-based materials in the manufacturing process and green technology adoption is expected to influence the market demand positively. However, the presence of toxic elements in the distemper poses a threat to the environment, which may hinder the market growth in the forecast period.
Oil based distemper is leading the market, holding a market share of 73.21% in 2021, and is expected to maintain its dominance throughout the forecast period. Oil based distemper is a high-quality, decorative, and affordable distemper compared to dry distemper. It is easy to apply and dries quickly. Market players are introducing oil-based distemper in various shades and high quality to attract consumers attention.
Competitive Landscape
Major market players operating in the Indian Distemper Market.
- Kansai Nerolac Paints Limited
- Asian Paints Limited
- Berger Paints India Limited
- Nippon Paint (India) Private Limited
- Indigo Paints Ltd.
- Shalimar Paints Limited
- Divine Paints
- AkzoNobel India Ltd.
- Eureka Paints
- Arosun Paints & Coating (India)
Report Scope:
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
India Distemper Market, By Type:
- Oil Based Distemper
- Dry Distemper
India Distemper Market, By Method of Application:
India Distemper Market, By Application:
- Interior Walls
- Exterior Walls
India Distemper Market, By Resin Type:
- Acrylic
- UNO Acrylic
- Synthetic
India Distemper Market, By Color:
- White
- Yellow
- Green
- Pink
- Blue
- Others
India Distemper Market, By Painting:
- Re-Painting
- Fresh Painting
India Distemper Market, By Region:
- West
- South
- North
- Central
- East
For more information about this report visit https://www.researchandmarkets.com/r/hxvtmj
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