The industry consists of two segments, namely
1.Decorative segment - which caters to the housing sector and
2.Industrial segment - consists of powder coatings, floor coatings and other protective coatings catering to the automobile, marine and other industries. In the domestic market, Decorative segment accounts for 70% of the total demand for paints whereas the industrial segment accounts for the remaining 30%.
INDIAN paint INDUSTRY AT A Glance IN 2012 - 2013
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INDIAN INDUSTRIES |