India Automotive Paints And Coatings News

Recent industry report about India Automotive Paints And Coatings company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ India Automotive Paints And Coatings Market industry experts.

India Automotive Paints And Coatings News

  • May 2022: BASF expanded its Automotive Coatings Application Center at the Coatings Technology Center in Mangalore, India in order to boost its customer service capability.
  • February 2022: The long-standing cooperation between McLaren Racing and AkzoNobel was extended and enhanced. The new multi-year agreement was expected to build on the successful 13-year partnership and explore new sustainability, technical innovation, and product development potential.
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  • June 2023: Castolin Eutectic launched XupersoniClad, a new thermal spraying technique containing supersonic spraying technology. This technology is developed from the high-velocity air-fuel (HVAF) process. It is also an effective solution for the new generation of high entropy alloys, such as HEA coatings.
  • June 2023: Oerlikon Metco IIoT transformed its thermal spray systems with a digital solution. This digital platform connects thermal spray systems within an Industry 4.0 platform.
  • March 2024: Jon-Don, a supplier of commercial equipment, consumables, and expertise for specialty contractors, has partnered with PPG to broaden its range of resinous floor coatings for concrete surfaces. This collaboration underscores Jon-Don's dedication to providing advanced floor coating solutions and highlights its focus on educating and training industry professionals to ensure top-notch application quality.
  • May 2023: Sika AG completed the acquisition of MBCC Group. Through this acquisition, Sika AG has expanded its portfolio of decorative floor coatings.
  • March 2023: BASF SE has commenced production of its inaugural bio-based polyol, Sovermol, tailored for applications such as flooring coatings, waterpipe coatings, adhesives, and putty. The production facility, located in Mangalore, India, aims to cater to the expanding demand for floor coatings in the Asia-Pacific region.
  • December 2023: The EQT X fund and Zeus Company Inc. announced a joint agreement for EQT to acquire Zeus Company Inc. from the Tourville family. EQT also announced that John Groetelaars, former CEO of Hillrom and EQT Industrial Advisor, will serve as Zeus’ Executive Chairman upon the closing of the transaction.
  • May 2023: Precision Coating Company Inc. announced the acquisition of Providence Texture LLC in Smithfield to bring a knowledgeable team, new surface technologies, and the ability to integrate laser technology into the current portfolio of coatings and surface treatments, which include anodic coatings, ion implantation, and fluoropolymer coatings.
  • February 2024: BASF Coatings signed a partnership agreement with INEOS Automotive for its Global Body and Paint Program. The partners will work together on a strategic partnership that sets them apart from the rest of the industry and allows them to go above and beyond the industry standard when it comes to vehicle body repairs and paint refinishes. The partnership will include sustainable refinish services, expertise, and digital color-matching solutions and training.
  • July 2023: The Sherwin-Williams Company and the Mercedes-AMG PETRONAS Formula One Team announced a new partnership. Sherwin-Williams is the Official Team Partner of the Mercedes-AMG PETRONAS Formula One Team. Sherwin-Williams became the approved supplier of automotive paint and coatings for the team’s F1 cars.
  • March 2023: Eastman Chemical acquired Ai-Red Technology (Dalian) Co. Ltd, a manufacturer and supplier of paint protection and window film for automotive and architectural markets in Asia-Pacific.

The recent developments pertaining to the studied market will be covered in a full report.

  • March 2023: PPG launched the PPG SIGMAGLIDE 2390 marine coating to help shipowners lower power consumption and carbon emissions and meet demands for higher performance without adversely impacting the marine environment.
  • March 2023: Hempel joined the International Maritime Organization's (IMO) Global Industry Alliance (GIA) for Marine Biosafety to collaborate with the industry to reduce shipping emissions and mitigate the spread of invasive species.

The recent developments pertaining to the major players in the market are being covered in the complete study.

  • The recent developments pertaining to the major players in the market are being covered in the complete study

The recent developments pertaining to the major players in the market are being covered in the complete study.

The recent developments pertaining to the major players in the market are being covered in the complete study.

India Automotive Paints and Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)