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Paints and Coatings Industry in India: USD 21.17 Billion Valuation by 2032, Supported by Construction Growth and Rising Automotive Demand, Says Mordor Intelligence

GlobeNewswire Inc.·
Paints and Coatings Industry in India: USD 21.17 Billion Valuation by 2032, Supported by Construction Growth and Rising Automotive Demand, Says Mordor Intelligence

India's paints and coatings market is projected to grow from USD 12.51 billion in 2026 to USD 21.17 billion by 2032, with a CAGR of 9.14% during 2027-2032. Growth is driven by expanding construction, rising automotive demand, and increased repainting activities in urban areas. However, crude oil price volatility poses input cost pressures.

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