India Automotive OEM Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Automotive OEM Coatings Market is segmented by Resin Type (Polyurethane, Epoxy, Alkyd, Polyester, Acrylic, and Others), Technology (Water-Borne, Solvent-Borne, and Others), End-User Industry (Passenger Cars, Commercial Vehicles, and ACE). The report offers market size and forecasts in terms of revenue (USD Million) for all the above segments.

India Automotive OEM Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Automotive OEM Coatings Market Size

India Automotive OEM Coatings Market - Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 10.00 %
Market Concentration Medium

Major Players

India Automotive OEM Coatings Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of India Automotive OEM Coatings Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

India Automotive OEM Coatings Market Analysis

The India Automotive OEM Coatings Market is expected to register a CAGR of less than 10% during the forecast period.

  • The Increasing Demand for Passenger Cars is anticipated to be one of the major factors driving the growth of the Automotive OEM coatings market.
  • On the flip side, shortages of semiconductors and other components are likely to negatively affect the demand for Auto OEM coatings consumption in the country.
  • The Market expansion is anticipated to be supported by Increasing Demand for Electronic Vehicles.
  • In the End-User segment, the Passenger Cars segment is expected to dominate the country's automotive OEM coatings market.

India Automotive OEM Coatings Industry Overview

The India Automotive OEM Coatings Market is consolidated, as most of the market share is divided among a few companies. Some of the key players in the market include (not in any particular order) Akzo Nobel N.V., PPG Asian Paints, Berger Paints India Limited, Kansai Nerolac Paints Limited, and Nippon Paint (India) Company Limited.

India Automotive OEM Coatings Market Leaders

  1. Nippon Paint Holdings Co., Ltd

  2. Kansai Paint CO. Ltd

  3. Akzo Nobel N.V.

  4. PPG Asian Paints

  5. Berger Paints India Limited

  6. *Disclaimer: Major Players sorted in no particular order
India Auto OEM-Market Concentration.png
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India Automotive OEM Coatings Market News

  • In May 2022, BASF recently announced the expansion of its Automotive Coatings Application Center in Mangalore (India) in order to improve customer service and develop innovative solutions.

India Automotive OEM Coatings Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Passenger Cars to Dominate the Market
    • 4.1.2 Other Drivers
  • 4.2 Market Restraints
    • 4.2.1 Ongoing Shortage of Semiconductors
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porters Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Resin Type
    • 5.1.1 Epoxy
    • 5.1.2 Acrylic
    • 5.1.3 Alkyd
    • 5.1.4 Polyurethane
    • 5.1.5 Polyester
    • 5.1.6 Other Resin Type
  • 5.2 Technology
    • 5.2.1 Water-borne
    • 5.2.2 Solvent-borne
    • 5.2.3 Others
  • 5.3 End-user Industry
    • 5.3.1 Passenger Cars
    • 5.3.2 Commercial Vehicles
    • 5.3.3 ACE

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) **/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AkzoNobel N.V.
    • 6.4.2 Axalta Coating Systems, LLC
    • 6.4.3 BASF SE
    • 6.4.4 Beckers Group
    • 6.4.5 Jotun
    • 6.4.6 Kansai Nerolac Paints Limited
    • 6.4.7 Nippon Paint Holdings Co., Ltd
    • 6.4.8 PPG Industries, Inc.
    • 6.4.9 RPM International Inc
    • 6.4.10 Teknos Group
    • 6.4.11 The Sherwin-Williams Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Growing Trend for Electric Vehicles to Reduce Emissions
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India Automotive OEM Coatings Industry Segmentation

Automotive OEM coatings are used to manufacture automotive vehicles' body parts. The market is segmented by Resin Type, Technology, and End-User Industry. By Resin, the market is segmented into acrylic, alkyd, polyurethane, epoxy, polyester, and other resins. Technology segments the market into water-borne, solvent-borne, and other coating technologies. End-User Industry segments the market into Passenger Cars, Commercial Vehicles, and ACE. For each segment, the market sizing and forecasts have been done based on revenue (USD million)

Resin Type Epoxy
Acrylic
Alkyd
Polyurethane
Polyester
Other Resin Type
Technology Water-borne
Solvent-borne
Others
End-user Industry Passenger Cars
Commercial Vehicles
ACE
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India Automotive OEM Coatings Market Research FAQs

What is the current India Automotive OEM Coatings Market size?

The India Automotive OEM Coatings Market is projected to register a CAGR of less than 10% during the forecast period (2025-2030)

Who are the key players in India Automotive OEM Coatings Market?

Nippon Paint Holdings Co., Ltd, Kansai Paint CO. Ltd, Akzo Nobel N.V., PPG Asian Paints and Berger Paints India Limited are the major companies operating in the India Automotive OEM Coatings Market.

What years does this India Automotive OEM Coatings Market cover?

The report covers the India Automotive OEM Coatings Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Automotive OEM Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

India Automotive OEM Coatings Industry Report

Statistics for the 2025 India Automotive OEM Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Automotive OEM Coatings analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.