×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

India Primer Market

ID: MRFR/CnM/20630-CR
137 Pages
Priya Nagrale
July 2024

India Primer Market Research Report Information By Type (Solvent Based, Water Based) By Material (Alkyd, Epoxy, Polyurethane, Acrylic, Others) By Surface (Cement, Concrete, Plaster, Metal, Plastic, Wood, Flooring Tiles, Others) By Price Category (Premium, Mid, Economy) By Application (Interior, Exterior) By End-User (Residential Construction, Non-Residential Construction) By Distribution Channel (Online, Offline) and By Region (North India, East & Northeast India, Western India, South India)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

India Primer Market Infographic
×
India Primer Market Infographic Full View
Purchase Options

India Primer Market Summary

As per Market Research Future analysis, the primer market Size was estimated at 699.5 USD Million in 2024. The primer market is projected to grow from 734.89 USD Million in 2025 to 1204.2 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.0% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The India primer market is experiencing a notable shift towards sustainability and innovation.

  • The market is witnessing a significant shift towards eco-friendly products, driven by increasing consumer awareness.
  • Technological advancements in formulations are enhancing product performance and expanding application areas.
  • The construction sector emerges as the largest segment, with rising demand for primers in various projects.
  • Key market drivers include increasing urbanization and government initiatives promoting sustainable practices.

Market Size & Forecast

2024 Market Size 699.5 (USD Million)
2035 Market Size 1204.2 (USD Million)
CAGR (2025 - 2035) 5.06%

Major Players

PPG Industries (US), Sherwin-Williams (US), AkzoNobel (NL), BASF (DE), RPM International (US), Nippon Paint Holdings (JP), Kansai Paint (JP), Asian Paints (IN)

India Primer Market Trends

The primer market in India is currently experiencing a dynamic phase characterized by evolving consumer preferences and technological advancements. The demand for high-quality primers is on the rise, driven by the construction and automotive sectors, which are increasingly prioritizing durability and performance. This shift is likely influenced by the growing awareness of the benefits of using specialized primers that enhance adhesion and provide better surface protection. Additionally, the trend towards eco-friendly products is gaining traction, as consumers and manufacturers alike seek sustainable options that minimize environmental impact. As a result, the market is witnessing a gradual transition towards water-based and low-VOC formulations, which are perceived as safer alternatives. Moreover, the competitive landscape of the primer market is intensifying, with numerous players striving to innovate and differentiate their offerings. Companies are investing in research and development to create advanced formulations that cater to specific applications, such as industrial, decorative, and automotive uses. This focus on innovation is expected to drive growth and expand market reach. Furthermore, the increasing urbanization and infrastructure development in India are anticipated to further bolster demand for primers, as they play a crucial role in ensuring the longevity and aesthetic appeal of various surfaces. Overall, the primer market is poised for substantial growth, influenced by both consumer trends and industry advancements.

Shift Towards Eco-Friendly Products

There is a noticeable trend towards the adoption of eco-friendly primers in the primer market. Consumers are increasingly seeking products that are low in volatile organic compounds (VOCs) and made from sustainable materials. This shift is driven by heightened environmental awareness and regulatory pressures, prompting manufacturers to innovate and offer greener alternatives.

Technological Advancements in Formulations

The primer market is witnessing significant technological advancements in product formulations. Manufacturers are focusing on developing primers that enhance adhesion, durability, and resistance to environmental factors. These innovations are aimed at meeting the diverse needs of various industries, including construction and automotive, thereby expanding market opportunities.

Rising Demand from Construction Sector

The construction sector is a major driver of growth in the primer market. With ongoing urbanization and infrastructure projects, the demand for high-quality primers is increasing. These products are essential for ensuring the longevity and performance of surfaces, making them a critical component in construction applications.

Market Segment Insights

By Material: Epoxy Resins (Largest) vs. Dispersants (Fastest-Growing)

The market for materials in the India primer market is predominantly driven by epoxy resins, which account for the largest share in this segment. Dispersants, while having a smaller market share, are growing significantly, driven by their increasing application in various industries such as automotive and construction. Other materials in this segment, including biocides and miscellaneous options, contribute to a diverse market landscape but lag behind the major players. In recent years, there has been a noticeable trend towards sustainability, pushing the adoption of eco-friendly materials. The demand for epoxy resins continues to grow due to their superior bonding properties, while dispersants are gaining traction through innovations that improve their efficiency and functionality. This dynamic creates opportunities for manufacturers to explore advanced formulations, thus driving growth through technological advancements.

Epoxy Resins (Dominant) vs. Dispersants (Emerging)

Epoxy resins represent the dominant material in the India primer market due to their exceptional durability, versatility, and resistance to environmental factors. They are primarily used in coatings and adhesives, appealing to industries that require long-lasting performance. In contrast, dispersants, although currently considered emerging, play a crucial role in enhancing the stability of formulations and improving application characteristics. Their rapid growth is attributed to increasing demand for high-performance coatings and a focus on optimizing material efficiency. Consequently, manufacturers are investing in research and development to enhance the performance of dispersants, positioning them as pivotal players in the evolving market landscape.

By Applications: Concrete (Largest) vs. Plastic (Fastest-Growing)

In the India primer market, Concrete holds the largest market share among the applications, largely due to its extensive use in construction and infrastructure projects. The demand for Concrete is driven by urbanization and the need for durable building materials. In contrast, Plastic, although currently smaller in market share, is recognized as the fastest-growing application, gaining traction due to its versatility and increasing adoption across various industries such as packaging and manufacturing. The growth of the applications segment is largely influenced by technological advancements and changing consumer preferences. Concrete's dominance is expected to continue, but the rapid growth of Plastic reflects a shift towards lightweight, cost-effective solutions in applications. This trend is further supported by environmental considerations, with a growing emphasis on sustainable materials, thus driving innovation in Plastic applications, ensuring they remain competitive in the evolving market landscape.

Concrete (Dominant) vs. Plastic (Emerging)

Concrete is the dominant application in the India primer market, characterized by its strength, durability, and ability to withstand harsh environmental conditions. It is widely used in structures such as bridges, roads, and buildings. The significant infrastructure development in India further solidifies its position. On the other hand, Plastic is an emerging application, known for its lightweight and flexible nature, making it ideal for diverse uses, from packaging to automotive components. Its growth is propelled by innovations aimed at recycling and enhancing performance, addressing sustainability concerns. As industries look for efficient and adaptable materials, Plastic is poised to carve out a larger market share, positioning itself as a significant player in the applications segment.

By End-Use Industry: Automotive (Largest) vs. Building & Construction (Fastest-Growing)

In the India primer market, the distribution of market share among the end-use industries reveals that the automotive sector holds the largest share, significantly surpassing other segments. The building and construction industry follows, marking its presence with a growing base due to increased infrastructural developments and urbanization trends. Marine and other sectors, while contributing to the overall market, account for a smaller portion of this diverse landscape. Growth trends in the India primer market highlight the automotive industry as a stable performer, attributed to the rising demand for vehicles and technological advancements. Conversely, the building and construction industry is emerging rapidly owing to government initiatives and investments in infrastructure projects. This dynamic is propelling these segments forward, making them crucial for future developments and market strategies.

Automotive: Dominant vs. Building & Construction: Emerging

The automotive segment in the India primer market is characterized by its extensive application in manufacturing vehicles, significantly influencing market trends. Renowned for its innovation and reliance on sustainable practices, this segment shows a robust performance that reflects consumer preferences for more efficient and advanced vehicles. On the other hand, the building and construction industry is gaining momentum with its emphasis on eco-friendly materials and practices. As urban centers expand, the demand for primers in construction projects is expected to grow rapidly, positioning this sector as a key player and presenting vast opportunities for manufacturers in the evolving market landscape.

Get more detailed insights about India Primer Market

Key Players and Competitive Insights

The primer market in India is characterized by a dynamic competitive landscape, driven by increasing demand for high-performance coatings and a growing emphasis on sustainability. Major players such as PPG Industries (US), AkzoNobel (NL), and Asian Paints (IN) are strategically positioned to leverage innovation and regional expansion. PPG Industries (US) focuses on enhancing its product portfolio through advanced technologies, while AkzoNobel (NL) emphasizes sustainability in its operations, aiming to reduce environmental impact. Asian Paints (IN) is actively investing in digital transformation to improve customer engagement and streamline operations. Collectively, these strategies contribute to a competitive environment that is increasingly focused on innovation and sustainability.

Key business tactics within the primer market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several key players holding significant market shares. This fragmentation allows for a diverse range of products and services, fostering competition among established companies and new entrants alike. The collective influence of these key players shapes market dynamics, as they continuously adapt to changing consumer preferences and regulatory requirements.

In October 2025, PPG Industries (US) announced the launch of a new line of eco-friendly primers designed to meet stringent environmental standards. This strategic move not only aligns with global sustainability trends but also positions PPG as a leader in the green coatings segment. The introduction of these products is likely to enhance PPG's market share and appeal to environmentally conscious consumers, thereby reinforcing its competitive edge.

In September 2025, AkzoNobel (NL) revealed its plans to invest €50 million in expanding its manufacturing capabilities in India. This investment is aimed at increasing production capacity for its premium primer products, reflecting AkzoNobel's commitment to meeting the growing demand in the region. Such expansion efforts are expected to strengthen AkzoNobel's market presence and improve its supply chain efficiency, ultimately benefiting its competitive positioning.

In August 2025, Asian Paints (IN) entered into a strategic partnership with a leading technology firm to enhance its digital capabilities. This collaboration focuses on integrating AI-driven solutions into its operations, enabling better customer insights and more efficient product development. By embracing digital transformation, Asian Paints aims to differentiate itself in a crowded market, catering to the evolving needs of consumers and enhancing its overall competitiveness.

As of November 2025, current competitive trends in the primer market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are playing a crucial role in shaping the landscape, allowing companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. Companies that successfully navigate these trends will be better positioned to capture market share and meet the demands of a rapidly changing industry.

Key Companies in the India Primer Market include

Industry Developments

February 2023: Berger Paints’ new manufacturing facility in Sandila, Uttar Pradesh has started its operation. The plant can produce 15,000 KUMT per month of water-based paint, 4,800 KL per month of solvent-based paint, 7,000 MT per month of putty, and much more. 

April 2023: Indigo paints has recently completed the acquisition of a majority stake of 51% in Apple Chemie India Pvt Ltd. Apple Chemie is a rapidly expanding company operating in the field of construction chemicals and waterproofing, manufacturing, and supplying products in the B2B space to various reputed infrastructure projects in the western States of India. In FY22, ACIPL recorded sales of Rs 32 crore and is expected to reach Rs 41 crore in FY23.

October 2022: Asian Paints announced that it has entered into a nanotechnology partnership with Harind that involves acquiring a 51% stake in Harind Chemicals and Pharmaceuticals Private Limited (“Harind”) from Aapex Power and Industries Private Limited, Dr. Swapan Ghosh & others. Additionally, they have agreed to acquire another 39% stake in Harind from the existing shareholders, in a staggered manner, over the next 5 years, subject to fulfilment of certain conditions precedent and achievement of financial targets.

Future Outlook

India Primer Market Future Outlook

The primer market in India is projected to grow at a 5.06% CAGR from 2024 to 2035, driven by increasing construction activities and demand for high-quality finishes.

New opportunities lie in:

  • Expansion of eco-friendly primer formulations for sustainable construction
  • Development of advanced application technologies for efficiency
  • Strategic partnerships with local distributors to enhance market reach

By 2035, the primer market is expected to achieve substantial growth and innovation.

Market Segmentation

India Primer Market Material Outlook

  • Dispersants
  • Epoxy Resins
  • Biocides
  • Others

India Primer Market Applications Outlook

  • Concrete
  • Wood
  • Metal
  • Plastic

India Primer Market End-Use Industry Outlook

  • Automotive
  • Marine
  • Building & Construction
  • Others

Report Scope

MARKET SIZE 2024699.5(USD Million)
MARKET SIZE 2025734.89(USD Million)
MARKET SIZE 20351204.2(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.06% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["PPG Industries (US)", "Sherwin-Williams (US)", "AkzoNobel (NL)", "BASF (DE)", "RPM International (US)", "Nippon Paint Holdings (JP)", "Kansai Paint (JP)", "Asian Paints (IN)"]
Segments CoveredMaterial, Applications, End-Use Industry
Key Market OpportunitiesGrowing demand for eco-friendly primers driven by regulatory changes and consumer preferences in sustainable products.
Key Market DynamicsRising demand for eco-friendly primers driven by regulatory shifts and consumer preference for sustainable products.
Countries CoveredIndia

Leave a Comment

FAQs

How much is the India Primer Market?

The India primer market is INR 5,178.80 Crore in the year 2023.

What is the growth rate of the India Primer Market?

The growth rate of the India Primer Market 10.73%

Which region held the largest market share in the India Primer Market?

Western India held the largest market share in the India Primer Market

Who are the key players in the India Primer Market?

Nippon Paint (India) Private Limited, Asian Paints, AkzoNobel India Ltd, Kansai Nerolac Paints Limited, Surfa Coats, Jotun, Berger Paints India Limited, Indigo Paints Ltd, Shalimar Paint, and MRF Corp Ltd.

Which Type had the largest market share in the India Primer Market?

The water based segment had the largest share in the India Primer Market

Which material had the largest market share in the India Primer Market?

The Acrylic segment had the largest share in the India Primer Market

Which Surface had the largest market share in the India Primer Market?

The Concrete segment had the largest share in the India Primer Market

Which Price Category had the largest market share in the India Primer Market?

The Economy segment had the largest share in the India Primer Market

Which Application had the largest market share in the India Primer Market?

The Interior segment had the largest share in the India Primer Market

Which End-User had the largest market share in the India Primer Market?

The Residential Construction segment had the largest share in the India Primer Market

Which Distribution Channel had the largest market share in the India Primer Market?

The Offline segment had the largest share in the India Primer Market

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions