The utility of paints has evolved from a decorative use to a surface protection use. Also, known as surface coatings, paints can be classified on the basis of end use, solvent system and solid content.

Servicing the Surface-protectors

The decorative segment dominates the market in India with a 70% share with the rest accounted for by industrial paints. This is as compared to the developed countries where the share is the reverse with the industrial segment being the major one. With increased industrialization, the ratio in India is also likely to change in the favour of industrials and both segments are likely to be equal partners by the end of five years.

Decorative Paints industry in India has a market size of Rs 15910 million out of which Enamels share is 8600, Wall Finishes 4730, Primers 2150 and Wood Finishes 430 million rupees.

While Industrial Paints industry in India has a market size of Rs 7147 million out of which Auto Paints contributes 4386, CRP 1075, Powder 860, Coil 95 and others 731 million rupees.

Parekh Group offers a wide range of services and distribution solutions for this complex and competitive industry. Besides providing expertise in warehousing and distribution, Parekh Group also offers various valuable services to the industries such as labeling, repacking, reconfiguration, inventory management, payment collection, banking services and order processing.