Kamdhenu and Graphenstone team up to introduce eco-friendly paints in India
- Published | 20 August 2019
Kamdhenu tie-up with Spanish paint manufacturer Graphenstone to present the eco-friendly paints in India which will propel the paint & coating market
India:
India’s leading manufacturing Kamdhenu came together with Spanish firm
Graphenstone to bring safe eco-friendly paints in India. Graphenstone is the
first global manufacturer to introduce organic paints. The move is aimed at
tapping the growing demand for high-quality, green paints in the country as a
result of an increasing consciousness among consumers for the environment. The
government is also supporting such innovations that are free of VOC to improve
the environment and to provide healthy surroundings. The company products are
produced from fewer than 250 chemical components and more than 98% of these
chemicals are derived from plant sources and minerals.
According
to BlueWeave Consulting, Increasing demand from several
end-use industries such as automotive, construction, marine, aerospace,
protective, transportation, and packaging will upsurge the paint and coating
industry in the upcoming year. Paints and coatings are key elements in
protecting building structures and components. The eco-friendly paints are free
of volatile organic compounds (VOC) emission. Many countries have introduced
new regulations regarding the use of VOC products which is also fueling the
demand for eco- friendly products. Additionally, the sales of thinners and
specialist paint preparation and cleaning products will decline due to the
emerging demand for environment approachable paints. The global paints and
coatings market is expected to rise in the coming years as leading companies
have decided to add more organic and natural finished products to their
portfolio. Also, coatings have an impact on air quality and odor elimination,
mildew and mold resistance, and microbicidal properties. Moreover, they improve
air quality and reduce the presence of unpleasant odors along with neutralizing
airborne concentrations of formaldehyde and other aldehydes.
The Global Paints and
Coatings Market is expected to grow at a significant rate, during the forecast
period 2019-2025. Owing to rising urbanization, increasing global population
and changing lifestyles coupled with advancements in the building &
construction industry. Furthermore, the growth of middle-class population in
emerging economies, improved standards of living, coupled with growing
disposable income, has led to rising purchase of vehicles among consumers which
will trigger the global paints and coatings market in the future timeline.
Also, a rise in demand for bio-based products and sustainable solutions,
including amendments in regulations in the recent past will propel the growth
of global paints and coatings market during the forecast period.
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