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Paints and Dyes
Paints and Dyes
Total Market - US$ 1 Billion
Growth Rate 12% p.a.
Per capita consumption very low (400 gms) as compared to developed countries like USA (15 kgs)
Market highly fragmented
25 large and medium players - 50% market share
2000 unorganised players - 50% market share
Dyes used in Paints, Inks, Textiles, Polymers etc.
India is a major exporter of dyes, mostly due to ban of production of some of the dyes and intermediates in the developed countries due to pollution
Major Players:
Paints - Asian Paints, Goodlass Nerolac, ICI, Courtalds, Jenson & Nicholson
Dyes & Intermediates - Color Chem (Hoechst), Clariant, IDI, Atul, Mardia etc.
Inks - Coates, Hindustan Inks, Sakata
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Paints and Dyes
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