Indian Paint Market in 2025/26

2025 Overview

According to Coating World, in 2025 the Indian paint and coatings industry experienced muted overall growth, with slower demand in the key architectural segment despite some resilience in automotive coatings. 

Looking to 2026

While economic headwinds weighed on performance last year, the market is expected to grow further in 2026, with the industry projected to expand in value and volume as construction activity, infrastructure development, and consumer demand continue to support broader demand trends. Forecasts indicate the Indian paints and coatings market will see healthy growth in 2026 and beyond as urbanisation and rising disposable incomes drive sustained demand across residential and industrial segments.

Our Partner - ATC

TTC formed a joint venture with Asahi Songwon (Asahi Tennants Colour/ATC) in India to produce AZO pigments, which strengthens our pigment supply chain and product availability globally. Together we supply raw coloured pigment powders for industries including textiles, paints & coatings, paper & packaging, inks, plastics and rubber.

Paint India 2026

We are excited to announce that ATC will be attending PaintIndia 2026, one of the world’s leading trade exhibitions for the paints, coatings, inks, construction chemicals, and allied industries. The event takes place 19–21 February 2026 at the Bombay Exhibition Centre in Mumbai, India, and offers a premier platform for industry professionals to discover innovations, network with key stakeholders, and explore the latest technologies shaping the coatings market.