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INDUSTRIAL | Basic Materials / Specialty Chemicals
sircapaints.com

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Stage

IPO | IPO

Date of IPO

5/16/2018

Market Cap

9.98B

About Sirca Paints India

Sirca Paints India specializes in the production of coatings for wood.

Sirca Paints India Headquarter Location

Plot No-50, Badli Industrial Area Phase-2, Near Tata Power Office

Delhi, 110042,

India

011-42083083

Latest Sirca Paints India News

India Furniture Polish Markets Report 2020 Featuring Major Players - ICA Pidilite, Sirca Paints, Asian Paints, AkzoNobel, MRF, Jubilant Agri And Consumer Products, Kansai Nerolac, & Kupsa

Nov 12, 2020

India Furniture Polish Markets Report 2020 Featuring Major Players - ICA Pidilite, Sirca Paints, Asian Paints, AkzoNobel, MRF, Jubilant Agri And Consumer Products, Kansai Nerolac, & Kupsa DUBLIN, Nov. 12, 2020 /PRNewswire/ -- The "India Furniture Polish Market, by Type (Aerosol Polish, Liquid Polish and Semi-Solid Polish), by Source (Polyurethane, Melamine, Polyester, Lacquer, Others), by Distribution Channel, by Application, by Region,... Author: Nov 12, 2020 5:00 PM EST The Indian Furniture Polish Market was valued at around $ 875 million in 2019 and is projected to surpass $ 1.44 billion by 2025, owing to the increasing construction activities coupled with rising working-class population in the country. In addition, supportive government programs such as Smart City Mission is further going to surge the demand for furniture polish in the coming years. However, current COVID-19 pandemic has dented the country's furniture polish market demand due to shifting focus towards essential goods coupled with disruption in trade flow as well as logistics and manpower constraints due to lockdown measures. Considering ease in lockdown and increasing focus to recover from this pandemic situation, the market is expected to witness a U pattern demand recovery.Growing population, increasing income levels and rising inclination among families towards spacious and expensive furniture installations, which require periodical maintenance, necessitates the use of furniture polish. Furniture polish market further has been driven by availability of multiple product offerings as well as evolving product quality such as water-based furniture polish developed by some manufacturers such as Asian Paints.In terms of Type segment, the market is fragmented into liquid, semi-solid and aerosol type, of which, liquid furniture polish segment held the largest share in the Indian Furniture Polish Market in 2019 and the segment is projected to maintain its dominance through 2025 as well on account of growing demand for low VOC polishes. However, aerosol furniture polish market is also anticipated to exhibit healthy growth during the forecast period. By source, the market is fragmented into PU (Polyurethane), Melamine, Polyester, PU Alkyd Resin, lacquer and Nitrocellulose Finish. PU Finish grabbed the largest market share as it is preferred due to its availability in multiple shades. However, Melamine Finish, owing to its lesser cost and high durability, is also experiencing high growth in India. Years considered for this report: Historical Years: 2015-2018 Forecast Period: 2021-2025 Competitive LandscapeCompetition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.Company Profiles: Detailed analysis of the major companies present in the Furniture Polish market. Key Topics Covered: 1. Product Overview 2. Research Methodology 3. Analyst View 4. India Furniture Polish Market Outlook4.1. Demand & Supply Analysis4.2. Market Size & Forecast 2015-20254.2.1. By Value4.2.2. By Volume4.3. Market Share & Forecast4.3.1. By Type (Aerosol Polish, Liquid Polish and Semi-Solid Polish)4.3.2. By Source (Polyurethane Finish, Melamine Finish, Polyester, PU Alkyd Resin, Nitrocellulose Finish, Lacquer, Others)4.3.3. By Distribution Channel (Direct, Wholesalers, Distributors, Specialty Store, Online, Others)4.3.4. By Application (Residential & Commercial)4.3.5. By Region (North, West, South and East)4.3.6. By Company4.4. Market Attractiveness Index 5. North India Furniture Polish Market Outlook5.1. Market Size & Forecast5.1.1. By Value5.1.2. By Volume5.2. Market Share & Forecast5.2.1. By Type5.2.2. By Source5.2.3. By Distribution Channel5.2.4. By Application 6. South India Furniture Polish Market Outlook 7. West India Furniture Polish Market Outlook 8. East India Furniture Polish Market Outlook 9. Value Chain Analysis 10. Pricing Analysis 11. Raw Material Analysis 12. Market Dynamics12.1. Drivers12.2. Challenges 13. Market Trends & Developments 14. Import-Export Analysis 15. Policy & Regulatory Landscape 16. India Economic Profile 17. Competitive Landscape17.1. Competition Benchmarking17.2. Company Profiles17.2.1. ICA Pidilite Industries Limited17.2.2. Sirca Paints India Limited17.2.3. Asian Paints Limited17.2.4. AkzoNobel N.V.17.2.5. Kansai Nerolac Paints Ltd.17.2.6. Goodluck Oil & Paint Works17.2.7. Sheenlac Paints Ltd.17.2.8. Sealed Air India17.2.9. Yashada Chemicals Pvt. Ltd. 17.2.10. Jubilant Agri and Consumer Products Ltd. 18. Strategic RecommendationsFor more information about this report visit https://www.researchandmarkets.com/r/f33gvu Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 View original content: http://www.prnewswire.com/news-releases/india-furniture-polish-markets-report-2020-featuring-major-players---ica-pidilite-sirca-paints-asian-paints-akzonobel-mrf-jubilant-agri-and-consumer-products-kansai-nerolac--kupsa-301172218.html

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