• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Aerospace Coatings Market

    Energy Curing and Coil Coatings

    Lab/Testing Equipment Update

    High Performance and Special Effect Pigments

    The Wood Coatings Market
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    BASF Coatings Looks to Sell Coatings Business: Bloomberg News

    Two New Directors Add Expertise to ChemQuest Team

    Nor-Shipping Reaction from AkzoNobel

    BASF Starts Up New Plant for Hexamethylenediamine in Chalampé, France

    Pacific Coatings Show 2025 Issues Call for Papers
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Nor-Shipping Reaction from AkzoNobel

    Linseed Paint Expert Launches Online AIA Training Course

    The Powder Coating Institute Announces 2025 Hall of Fame Inductees

    Powder Coating Institute Announces Executive Director Kevin Coursin’s Retirement

    Behr Unveils Second Annual Commercial Color Forecast
    Additives
    Binders
    Pigments
    Solvents

    Münzing Expands U.S. Operations with New Production Facility in South Carolina

    Aditya Birla Acquires Cargill Specialty Chemical Facility in Georgia

    Evonik Coating Additives Launches TEGO Foamex 8051

    BASF Introduces Reactive Polyethylene Glycol Pluriol A 2400 I in Europe

    International Carbon Black Association Releases Industry-Average Product Carbon Footprint
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Gehring Montgomery Inc

    Vibrantz Technologies

    Siltech Corporation

    Shepherd Color Company, The

    Evonik Corporation
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Coatings Expo Vietnam 2025

    West Africa Coatings Show

    ABRAFATI SHOW 2025

    Paint Bangladesh 2025

    Paint Expo Eurasia
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Gehring Montgomery Inc

    Vibrantz Technologies

    Siltech Corporation

    Shepherd Color Company, The

    Evonik Corporation
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    India/Asia Pacific Reports

    Overview of Iranian Paint and Coatings Industry

    ...

    Overview of Iranian Paint and Coatings Industry
    Yogender Singh, India, Asia-Pacific Correspondent04.13.21
    With a population of more than 84 million, rising living standards and average economic growth in the last few years, Iran has emerged as one of the largest producers of paints and coatings in the region.

    Though growth in the sector has been marred by the economic sanctions, which have been imposed on the country in the wake of its nuclear ambitions.

    Overview

    Iran is the 18th-largest country in the world in terms of geographical spread with a total area of 1,648,195 square kilometers.

    It is a country of particular geopolitical significance owing to its location in the Middle East and central Eurasia.

    The largest natural gas supplier in the world and the fourth-largest proven petroleum reserves also makes Iran one of the most vibrant markets for paint and coating producers.

    Huge oil reserves make Iranian paint and coating producers very competitive in terms of production cost as crude-based raw materials are available in the country at reasonable costs.

    Estimated at around $560 million (at the end of last Iranian financial year in March 2020), the Iranian paint and coatings market is dominated by domestic producers.

    Architectural paint accounts for 58 percent of the total market share of the overall paint and coating industry on a value basis.

    Protective coating with a total value of $90 million accounts for nearly 16 percent of the total Iranian paints and coating market.

    Huge oil and gas infrastructure in the country has been a steady demand driver of coatings demand in the protective segment.

    In the last few years, demand from the rapidly growing petrochemical sector has also contributed to the demand for protective coatings.

    Growth in the protective coating sub-segment has outstripped the growth demand of other sub-segments by a wide margin in the last decade.

    With total revenue of $41 million, powder coatings account for nearly seven percent of the Iranian paint sector.

    Marine coatings with a market share of six percent have also witnessed steady growth rates in the last few years.

    According to the data from the Paint and Resin Manufacturers Association of Iran, currently, there are over 350 authorized paint producing factories with a total capacity of 900,000 tons of various types of decorative and industrial paints.

    Besides this, several unauthorized producers are active in the production of resins used in the paint industry.

    Foreign paint and coating producers have had limited success in the Iranian market.

    Economic sanctions have had a major role in the disruption of production activities of foreign paint producers in the country.

    Jotun and Kansai have been the two prominent producers to invest in manufacturing facilities in Iran but had to cut down the production due to economic sanctions.

    Architectural Coatings

    The architectural coatings sub-segment has registered muted growth rates in the last three years in Iran.

    Economic sanctions have had a profound impact on the construction sector in the country.

    Most of the demand of the architectural segment has been originating from repainting exercises.

    Some of the ambitious government housing schemes such as the Mehr Housing scheme is in limbo for many years.

    Automotive coatings

    Automotive paints and coatings are one of the most important sub-segment of the Iranian paints and coating industry.

    The automotive coating segment has registered steady growth rates in the last few years on account of a steady growth of automotive production in the country.

    Iran is the most significant automotive producer in the entire Middle East region.

    Despite a small population, Iran has an installed capacity to produce about 1.3 million pieces of automotive in a year.

    Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 817,069 vehicles during the first 11 months of the current Iranian calendar year (March 20, 2020- Feb. 18, 2021).

    Major paint and coating producers

    Rangsazi


    Established in 1939, Rangsazi Iran was the first modern paint factory in Iran and the wider Middle East region.

    Currently, the company is the largest producer of the top producer of decorative and industrial paints on a volume basis.

    The company’s first factory was set up in Zargande in the Shemiran district of Tehran. In 1959, a larger facility was acquired by the company on Saveh road in Tehran.


    Currently, the company is considered the largest paint and coating producer in the country.

    Pars Pamchal Company

    Pars Pamchal Chemical Co. (Public Joint Stock) was established in the early 1970s in Alborz Township/ Ghazvin province.

    During the early years, the company cooperated with the Danish Sadolin Company and launched its first product under the Unico trademark. In later year, the company ventured into the production of marine paints for the domestic market.

    Currently, Pars Pamchal Company has an annual output of 15,000 Mt of various kinds of specialized, protective and industrial paints, about 10,000 MT of paints used in the building industry and 10,000 MT of various assortment of alkyd reins, drying and hardening agents as well as epoxy-based specialized resins which, in addition to meeting the domestic requirements, are exported too.


    Kansai Paints

    Japanese paint major Kansai Paint entered the Iranian market in 2009, Kansai introduced the whole range of automotive OEM, industrial and automotive refinish products with cutting-edge technology to Iran’s market.

    Kansai established a manufacturing facility near Tehran with an annual capacity to produce 18 million liters of paint products which became fully functional in 2010.

    This plant was completed in a record time and had the distinction of the first plant in Iran to manufacture auto refinish, industrial and automotive topcoats as well as CED (Cathode Electro Deposition) paint for the automotive OEM sector involving the full transfer of technology and back-up support from Kansai Paint, Japan.

    However, in 2012, Kansai had to exit the Iranian market due to economic sanctions.
    Suggested For You
    Vestolit/Mexichem Specialty Resins, Inc. Vestolit/Mexichem Specialty Resins, Inc.
    Nokxeller Microdispersions Nokxeller Microdispersions
    PCI Powder Coating Week 2024 PCI Powder Coating Week 2024
    More than One Billion Square Feet of Green Building Space Recertified under LEED More than One Billion Square Feet of Green Building Space Recertified under LEED
    Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns
    Protective Coatings Leader Hempel Brings Expertise to the Wind Industry Protective Coatings Leader Hempel Brings Expertise to the Wind Industry
    Paint Specialist Flügger Maintains Momentum in Q1 2021-22 Paint Specialist Flügger Maintains Momentum in Q1 2021-22
    ICP Group Adds Chris Pappas to Its Board ICP Group Adds Chris Pappas to Its Board
    Phoseon to Showcase LED Curing Technology at FTA Fall Conference Phoseon to Showcase LED Curing Technology at FTA Fall Conference
     New Study Reveals Vessels Using Jotun HPS Reported 20% Lower Carbon Intensity in Operations New Study Reveals Vessels Using Jotun HPS Reported 20% Lower Carbon Intensity in Operations
    Axalta Mobility Breaks Ground on New Coatings Facility in Northern China Axalta Mobility Breaks Ground on New Coatings Facility in Northern China
    RPM to Announce Fiscal 2022 First-Quarter Results on Oct. 6 RPM to Announce Fiscal 2022 First-Quarter Results on Oct. 6
    Cal Poly Offers Polymers & Coatings Winter 2022 Short Course Cal Poly Offers Polymers & Coatings Winter 2022 Short Course
    International Celebrates 140 Years As A Global Leader In Marine, Protective And Yacht Coatings International Celebrates 140 Years As A Global Leader In Marine, Protective And Yacht Coatings
    Michelman’s Biodegradable Products Institute (BPI)-Certified Compostable Coatings Receive Awards Michelman’s Biodegradable Products Institute (BPI)-Certified Compostable Coatings Receive Awards

    Related Buyers Guide Companies

    • Vestolit/Mexichem Specialty Resins, Inc.

      ...
      Mary Beth Nooney, Marketing Manager 09.11.24

    • Nokxeller Microdispersions

      ...
      Francisco Fava, Technical Manager 09.26.23

    • Powder Coatings
      PCI Powder Coating Week 2024

      PCI Powder Coating Week 2024

      ...
      Coatings World staff 07.24.23


    • Breaking News | Green Coatings
      More than One Billion Square Feet of Green Building Space Recertified under LEED

      More than One Billion Square Feet of Green Building Space Recertified under LEED

      LEED milestones, 2021 Class of LEED Fellows and the Kate Hurst Leadership Award among announcements at this week’s Greenbuild conference.
      09.22.21

    • Breaking News | Marine Coatings | Paint & Coatings Manufacturer News
      Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns

      Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns

      Nippon Paint Marine has registered a significant spike in Turkish drydockings as operators of small- to mid-size tonnage redirect vessels from Asia.
      09.22.21

    Loading, Please Wait..
    Breaking News
    • BASF Coatings Looks to Sell Coatings Business: Bloomberg News
    • Two New Directors Add Expertise to ChemQuest Team
    • Nor-Shipping Reaction from AkzoNobel
    • BASF Starts Up New Plant for Hexamethylenediamine in Chalampé, France
    • Pacific Coatings Show 2025 Issues Call for Papers
    View Breaking News >
    CURRENT ISSUE

    May/June 2025

    • Aerospace Coatings Market
    • Energy Curing and Coil Coatings
    • Lab/Testing Equipment Update
    • High Performance and Special Effect Pigments
    • View More >