Press Release

India Primer Market to Derive Growth from Continued Infrastructural Development

The rise in the building and construction sector is expected to boost the India primer market during the forecast period.

According to a TechSci Research report, titled India Primer Market - By Region, Competition, Forecast & Opportunities, 2029, the India primer market is predicted to significantly expand during the forecast period. Primers are being used more frequently in domestic settings to improve the strength and texture of painted surfaces. In addition to being used on walls, primers are also applied to metal and wooden surfaces, and their application areas are expected to widen, aiding the market through 2029.

The need for primers in the infrastructure industry is growing strongly as the Indian government is focusing significantly on its smart city initiatives. Government initiatives, such as the construction of new ports, the expansion of existing ports, and the creation of new airports are gathering steam nationwide.

Policy reforms are leading to an increase in government measures to bring in FDI. In addition, a majority of multinational businesses are migrating their manufacturing facilities from China to Southeast Asian nations, including India, during the epidemic, which could lead to the development of new infrastructure projects across the country. The need for all the infrastructure initiatives and projects is anticipated to increase.

Browse over xx market data Figures spread through 70 Pages and an in-depth TOC on the "India Primer Market

The India primer market is segmented based on resin type, pack size, price category, type, end-use, and region. Based on resin type, the market can be segmented into acrylic, epoxy, and others. Based on pack size, the market can be segmented into Up to 1 liter, 1 liter, 4-liter, 10-liter, and above. Based on price category, the market can be segmented into premium, mid-range, and economy. Based on type, the market can be segmented into water-based and solvent-based. Based on end-use, the market can be segmented into residential, commercial, industrial, and infrastructure.

Based on the resin type, the epoxy segment is expected to dominate the market during the forecast period. With the increasing usage of epoxy primers in the metal industry, the segment is anticipated to gain significant traction. In many different industries, including automotive, maritime, aviation, building of energy infrastructure, and oil and gas, epoxy primers are frequently used on metal substrates. These primers provide exceptional adhesion, corrosion, and chemical resistance, and are widely used in automotive and marine applications. Their use also contributes to the decrease in ongoing maintenance costs.

Based on the end-use, the building and construction sector is expected to dominate the primer market in India over the forecast period. Primers are used in flooring applications on concrete and stonework surfaces in the building and construction industry. The expansion in the building and construction industries and the rising population in emerging economies are driving the market substantially.

Increased government spending on infrastructure development in India is aiding the market significantly. Due to the framework enhancements in this range, there is a tremendous need for coatings, which is boosting the primer market in India. Primer is a commodity that many vendors are investing in because manufacturers use it extensively to extend the shelf life and durability of their products.

Key market players in the India primer market include:

  • Asian Paints Limited
  • Berger Paints India Limited
  • Kansai Nerolac Paints Limited
  • AkzoNobel India Limited
  • Shalimar Paints Limited
  • Kamdhenu Limited
  • Acro Paints India Limited
  • Nova Paints and Chemicals
  • Nippon Paint (India) Company Limited
  • Indigo Paints Private Limited

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“The India primer market is expected to expand significantly over the next few years due to the ongoing infrastructural development in the country. The rapid expansion in the end-use industries, including aviation, oil and gas, marine, mining, automobiles, and power generation, is anticipated to support the India primer market. Apart from these, the market is also expected to gain from rapid urbanization and industrialization in the years to come,” said Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm.

India Primer Market By Resin Type (Acrylic, Epoxy, and Others), By Pack Size (Up to 1 liter, 1 liter, 4 liters, 10 liters, and above), By Price Category (Premium, Mid-Range, and Economy), By Type (Water-Based, Solvent-Based), By End Use (Residential, Commercial, Industrial, and Infrastructure), By Region, Competition, Forecast, and Opportunities, 2029 has evaluated the future growth potential of India Primer Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the India Primer Market.

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