19th ASIA Coatings Markets,

21-22 Aug, 2019 - Bangkok, THAILAND

DoubleTree by Hilton Sukhumvit Bangkok

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AkzoNobel to focus on premium paints, eyes double digit growth in India

Posted on : 18 Mar, 2019

AkzoNobel aims for double digit growth in India and it is planning to focus on its premium paints business to achieve the target.
Currently, 60% of AkzoNobel’s revenue comes from its decorative paints segment - which accounts for approximately 80% of the overall paint market in India.
As the Indian paint market remains quite buoyant, AkzoNobel wants to focus on its premium paints portfolio.
The decorative paint segment has two categories - one is interior paints and the other is exterior or cement paints. Almost 80% of the decorative paints account for interior paints, with categories such as premium, medium and economy.
Further the premium paints can be classified into plastic emulsions while the medium-priced category includes synthetic enamels. Lastly, the economy category consists of distempers.
Find out more about decorative paint markets in Asia at CMT's 19th ASIA Coatings Markets on 21-22 August 2019 in Bangkok.
Contact Ms. Huiyan at huiyan@cmtsp.com.sg | +65 6346 9113 for more details.