The Indian paint & coatings market is certainly one of the fastest growing segments in the global coatings industry. Orr & Boss, Inc. estimates that the size of the Indian coatings market was INR 200 billion in 2011. Roughly 70 percent of the market is represented by the decorative segment; the industrial coatings segment constitutes the remaining 30 percent.
Due to increased commercial and government investment the industrial segment promises fast growth rates. From February 23−25, 2012, PAINTINDIA created a perfect window to witness these growth rates: According to Dilip Raghavan, Managing Director of Colour Publications, the organizer of the exhibition, PAINTINDIA 2012 was a trade fair of superlatives.
The trade show not only doubled the exhibition space (2010: 4,700 sqm/ 2012: 9,500 sqm), but also increased the participation of exhibitors by 56 percent. 286 exhibitors (2010: 183) from 26 (2010: 19) countries showcased their products and services.It offered industry professionals a unique overview of the latest trends in raw materials, laboratory and production equipment and other services for the coatings and paint industry.
For Claus Rättich, Member of the NürnbergMesse Management Board, PAINTINDIA 2012 has fulfilled its reputation as the first place for a thorough overview of Indian coatings products and as the most important platform for international companies to enter the Indian market. In addition to experienced international exhibitors like BYK, BASF, Dow, Bayer MaterialScience, Merck, Clariant etc., the trade show welcomed a number of newcomers to the show, including Momentive, Lubrizol, Ashland, Huntsman, etc. Visitors made their way from 54 countries to Mumbai. The main reasons for their visit were the search for new suppliers (68 %), the possibility of business alliances (52 %) and product information (49 %, multiple option entries).
Strong interest in the Leading Coatings Cooperation
Juergen Nowak, Publisher at Vincentz Network, and Alexander Mattausch, Exhibition Director of the European Coatings SHOW at NürnbergMesse, were very satisfied with the strong interest of the PAINTINDIA visitors in the “Leading Coatings Exhibitions” cooperation. Within this cooperation, the organizers of PAINTINDIA, European Coatings SHOW, American Coatings SHOW and paintistanbul work together to tap marketing synergies and provide a valuable global platform for exhibitors to gain a foothold in new markets. At a special booth, a lot of visitors and exhibitors informed about the marketing alliance and its opportunities for exhibitors to reach the key coatings markets in Europe, North America, Far East and India.
“Roving reporters” at PAINTINDIA 2012
For anyone seeking the most up-to-date information, the reporters from Vincentz Network produced the “PAINTINDIA Daily News”, a daily fresh trade press. It provided interesting information on PAINTINDIA 2012. Background reports and exciting interviews with coatings experts drew a comprehensive picture of the high-calibre show and conference.Save the date:
PAINTINDIA will take place again in Mumbai from March 6−8, 2014.
The coming events:
- May 8–10, 2012 American Coatings SHOW, Indianapolis/ USA
- September 13−15, 2012 paintistanbul, Istanbul/ Turkey
- March 19–21, 2013 European Coatings SHOW, Nürnberg/ Germany
- March 6−8, 2014 PAINTINDIA, Mumbai/ India
About Colour Publications Pvt Ltd.
PAINTINDIA is organized under the aegis of Expocon International, a division of Colour Publications Pvt Ltd., the leading and oldest publishing house for techno-commercial journals in India. Colour Publications Pvt Ltd. is the publisher of paintindia, the only journal in India for the coatings, inks and allied industries, which has been serving the industry for over 60 years now.
About Vincentz Network
As a highly-focused, customer-driven publishing house, Vincentz Network has been serving the coatings community since 1893. Vincentz Network believes to be a competent provider of information and expertise. The 150 employees operate the foremost surface technology network. Vincentz Network is the organizer of the world’s leading European Coatings Show. Together with the American Coatings Association, Vincentz Network organizes the American Coatings Show. In 2011, with its national and international clients, the Vincentz Network generated a turnover of € 25 million.
About the NürnbergMesse Group
NürnbergMesse is one of the 20 largest trade fair companies in the world, and among the Top Ten in Europe. The portfolio covers around 120 national and international trade fairs and congresses along with approximately 40 sponsored pavilions at the Nuremberg location and worldwide. Each year up to 30,000 exhibitors (international share 37 %), 975,000 trade visitors (international share 21 %) and 405,000 consumers participate in the own, partner and guest events staged by the NürnbergMesse Group, which is present with subsidiaries in China, North America, Brazil and Italy. In addition, the NürnbergMesse Group has a network of 46 representatives operating in 95 countries.
For further information about PAINTINDIA visit: www.paintindia.in