India Automotive Refinish Coatings Market Size & Outlook
The automotive refinish coatings market in India is expected to reach a projected revenue of US$ 2,140.5 million by 2030. A compound annual growth rate of 7.2% is expected of India automotive refinish coatings market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,421.9
Forecast, 2030 (US$M)
$2,140.5
CAGR, 2025 - 2030
7.2%
Report Coverage
India
India automotive refinish coatings market, 2018-2030 (US$M)
Related Markets
India automotive refinish coatings market highlights
- The India automotive refinish coatings market generated a revenue of USD 1,421.9 million in 2024 and is expected to reach USD 2,140.5 million by 2030.
- The India market is expected to grow at a CAGR of 7.2% from 2025 to 2030.
- In terms of segment, polyurethane was the largest revenue generating resin in 2024.
- Acrylic is the most lucrative resin segment registering the fastest growth during the forecast period.
Automotive refinish coatings market data book summary
| Market revenue in 2024 | USD 1,421.9 million |
| Market revenue in 2030 | USD 2,140.5 million |
| Growth rate | 7.2% (CAGR from 2025 to 2030) |
| Largest segment | Polyurethane |
| Fastest growing segment | Acrylic |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acrylic, Alkyd, Polyurethane |
| Key market players worldwide | Basf SE, AkzoNobel [Dulux Brand], PPG Industries Inc, Axalta Coating Systems Ltd |
Other key industry trends
- In terms of revenue, India accounted for 11.1% of the global automotive refinish coatings market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China automotive refinish coatings market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,218.8 million by 2030.
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Automotive Refinish Coatings Market Scope
Automotive refinish coatings market segmentation & scope
Automotive Refinish Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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India automotive refinish coatings market size, by resin, 2018-2030 (US$M)
India Automotive Refinish Coatings Market Outlook Share, 2024 & 2030 (US$M)
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