Vipul Organics participates in American Coatings Show
Vipul Organics has announced its participation in the American Coatings Show to be held in Indianapolis, USA from 30 April to 2 May 2024.
03 May 2024 | 2270 Views | By Rahul Kumar
The American Coatings Show is a biennial trade show and technical conference dedicated to serving as a global business platform and educational forum for the paint and coatings industry, offering a complete spectrum of current and future trends and technologies.
According to the company, Vipul Organics is excited to showcase its product range for the paints and coatings industry at this global show and meet existing and potential global customers.
For the paints and coatings Segment, Vipul Organics has a bouquet of pigment powder and pigment dispersions under the brand name SunTone. SunTone is available in a wide spectrum of colours for decorative paints, architectural coatings, industrial paints and automobile coatings.
In addition, Vipul Organics also has universal stainers for the paints industry.
“Every two years, at the American Coatings Show, the global leaders in the category come together to understand the latest that is happening in the segment. It provides an exceptional opportunity for exchanging knowledge and showcasing innovation as it brings together industry peers and customers on a common platform. We are hopeful of getting a favourable response from customers as we showcase our complete range for the paints and coatings industry,” said Mihir V Shah, executive director, Vipul Organics.
The paints and coatings market is projected to grow from USD 190.1-billion in 2022 to USD 223.6-billion by 2027, at a CAGR of 3.3%. The paints and coatings industry is categorised into two end-use industry types: decorative (architectural) and industrial paints and coatings.
Around 30% of Vipul Organics’ topline comes from the paints segment. The company currently has some of the best manufacturing facilities for pigments in India.
In addition, the company is undertaking major capacity expansion and by the FY 2025-26, it will be amongst the largest integrated pigment manufacturers in the world. It is expected that the paints and coatings segment will grow by 25% over the next few years for Vipul Organics.