PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1682779
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1682779
India Metal Polish Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2032)
The India metal polish market is projected to grow from USD 40.85 million in 2024 to USD 62.54 million by 2032, at a CAGR of 5.59%. Key drivers of this growth include rising disposable income, increased consumer interest in aesthetic metal products, and growing industrial applications, particularly in the automotive and marine sectors. Metal polishes enhance the appearance and durability of metals, removing corrosion and restoring gloss. Furthermore, advancements in polishing technologies, including electrochemical polishing and electrolyte plasma polishing (EPP), are improving efficiency and performance, contributing to market expansion.
Key Insights
The largest market share in 2024 was held by department and convenience stores, which accounted for 60% of sales, driven by their accessibility and convenience.
The paste type of metal polish is expected to grow at the fastest rate, with a CAGR of 7.11%, due to its suitability for various applications in industries like automotive, marine, and residential.
Guns, which represent 60% of the market share, are the largest application category, primarily due to increasing demand from the defense and law enforcement sectors for maintenance of firearms.
The marine industry is driving demand, with increasing use of metal polish for ship maintenance, as boats and cargo vessels require regular corrosion removal and aesthetic upkeep.
The rise of technological innovations in polishing methods, such as automated and chemical polishing techniques, is enhancing product efficiency and market adoption.
While growth is strong, concerns about the toxic chemicals in metal polishes, such as ammonia and acids, pose risks to human health, potentially limiting market growth.
The North region of India is the largest and fastest-growing market due to higher industrial activity and manufacturing sectors.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Research Scope
- 1.3.1 Market Segmentation by Distribution Channel
- 1.3.2 Market Segmentation by Product Type
- 1.3.3 Market Segmentation by Application
- 1.3.4 Market Segmentation by End User
- 1.3.5 Analysis Period
- 1.3.6 Market Data Reporting Unit
- 1.3.6.1 Volume
- 1.3.6.2 Value
- 1.4 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.1.1 Paid
- 2.1.2 Unpaid
- 2.1.3 P&S Intelligence Database
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research Respondents
- 2.2.1.1 By industry participant
- 2.2.1.2 By company type
- 2.2.1 Breakdown of Primary Research Respondents
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Currency Conversion Rates
- 2.6 Assumptions for the Study
- 2.7 Notes & Caveats
Chapter 3. Executive Summary
Chapter 4. Industry Outlook
- 4.1 Definition of Market Segments
- 4.1.1 By Distribution Channel
- 4.1.1.1 Department/convenience stores
- 4.1.1.2 Supermarkets/ hypermarkets
- 4.1.1.3 Others
- 4.1.2 By Product Type
- 4.1.2.1 Paste
- 4.1.2.2 Liquid
- 4.1.2.3 Others
- 4.1.3 By Application
- 4.1.3.1 Guns
- 4.1.3.2 Knives
- 4.1.3.3 Others
- 4.1.4 By End User
- 4.1.4.1 Marine
- 4.1.4.2 Automotive
- 4.1.4.3 Residential
- 4.1.4.4 Others
- 4.1.1 By Distribution Channel
- 4.2 Value Chain Analysis
- 4.3 Market Dynamics
- 4.3.1 Trends
- 4.3.1.1 Technological advancements in polishing methods
- 4.3.2 Drivers
- 4.3.2.1 Rising polish demand to improve appearance of metallic surfaces
- 4.3.2.2 Surging consumption in marine industry
- 4.3.2.3 Impact analysis of drivers on market forecast
- 4.3.3 Restraints
- 4.3.3.1 Hazardous effects of metal polish on human health
- 4.3.3.2 Impact analysis of restraints on market forecast
- 4.3.4 Opportunities
- 4.3.4.1 Growing product demand in automotive sector
- 4.3.1 Trends
- 4.4 Impact of COVID-19
- 4.4.1 Global Share by Countries
- 4.4.1.1 Contribution of countries in global manufacturing output
- 4.4.1.2 Contribution of countries in global exports and imports (2023)
- 4.4.1.2.1 Top 20 countries by export
- 4.4.1.2.2 Top 20 countries by import
- 4.4.2 Global Scenario of COVID-19 Impact
- 4.4.2.1 Global GDP growth
- 4.4.2.2 Assessment of COVID-19 impact on GDP and economic forecast
- 4.4.3 Impact of COVID-19 on India Metal Polish Market
- 4.4.1 Global Share by Countries
- 4.5 Porter's Five Forces Analysis
- 4.5.1 Bargaining Power of Buyers
- 4.5.2 Bargaining Power of Suppliers
- 4.5.3 Intensity of Rivalry
- 4.5.4 Threat of New Entrants
- 4.5.5 Threat of Substitutes
Chapter 5. India Market Size and Forecast
- 5.1 By Distribution Channel
- 5.2 By Product Type
- 5.3 By Application
- 5.4 By End User
Chapter 6. Competitive Landscape
- 6.1 Market Share Analysis of Key Players
- 6.2 Competitive Benchmarking of Key Players
- 6.3 List of Other Players & Their Offerings
Chapter 7. Company Profiles
- 7.1 Chrome Star Chemical Works
- 7.1.1 Business Overview
- 7.1.2 Product and Service Offerings
- 7.2 Western Abrasive Industries Pvt. Ltd.
- 7.2.1 Business Overview
- 7.2.2 Product and Service Offerings
- 7.3 AUTCA
- 7.3.1 Business Overview
- 7.3.2 Product and Service Offerings
- 7.4 Dara Allied Products
- 7.4.1 Business Overview
- 7.4.2 Product and Service Offerings
- 7.5 menzerna polishing compounds GmbH & Co. KG
- 7.5.1 Business Overview
- 7.5.2 Product and Service Offerings
- 7.6 The Waxpol Industries Limited
- 7.6.1 Business Overview
- 7.6.2 Product and Service Offerings
- 7.7 Pitambari Products Pvt. Ltd.
- 7.7.1 Business Overview
- 7.7.2 Product and Service Offerings
- 7.8 ABRO Industries Inc.
- 7.8.1 Business Overview
- 7.8.2 Product and Service Offerings
- 7.9 WD-40 Company
- 7.9.1 Business Overview
- 7.9.2 Product and Service Offerings
- 7.9.3 Key Financial Summary
- 7.10 3M Company
- 7.10.1 Business Overview
- 7.10.2 Product and Service Offerings
- 7.10.3 Key Financial Summary
- 7.11 Reckitt Benckiser Group Plc
- 7.11.1 Business Overview
- 7.11.2 Product and Service Offerings
- 7.11.3 Key Financial Summary
Chapter 8. Appendix
- 8.1 Abbreviations
- 8.2 Sources and References
- 8.3 Related Reports
List of Tables
- TABLE 1 ANALYSIS PERIOD OF THE STUDY
- TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 4 COVID-19 IMPACT ON WORKFORCE IN DIFFERENT SECTORS
- TABLE 5 INDIA METAL POLISH MARKET, BY DISTRIBUTION CHANNEL, TONS (2019-2024)
- TABLE 6 INDIA METAL POLISH MARKET, BY DISTRIBUTION CHANNEL, TONS (2025-2030)
- TABLE 7 INDIA METAL POLISH MARKET, BY DISTRIBUTION CHANNEL, $M (2019-2024)
- TABLE 8 INDIA METAL POLISH MARKET, BY DISTRIBUTION CHANNEL, $M (2025-2030)
- TABLE 9 INDIA METAL POLISH MARKET, BY PRODUCT TYPE, TONS (2019-2024)
- TABLE 10 INDIA METAL POLISH MARKET, BY PRODUCT TYPE, TONS (2025-2030)
- TABLE 11 INDIA METAL POLISH MARKET, BY PRODUCT TYPE, $M (2019-2024)
- TABLE 12 INDIA METAL POLISH MARKET, BY PRODUCT TYPE, $M (2025-2030)
- TABLE 13 INDIA METAL POLISH MARKET, BY APPLICATION, TONS (2019-2024)
- TABLE 14 INDIA METAL POLISH MARKET, BY APPLICATION, TONS (2025-2030)
- TABLE 15 INDIA METAL POLISH MARKET, BY APPLICATION, $M (2019-2024)
- TABLE 16 INDIA METAL POLISH MARKET, BY APPLICATION, $M (2025-2030)
- TABLE 17 INDIA METAL POLISH MARKET, BY END USER, TONS (2019-2024)
- TABLE 18 INDIA METAL POLISH MARKET, BY END USER, TONS (2025-2030)
- TABLE 19 INDIA METAL POLISH MARKET, BY END USER, $M (2019-2024)
- TABLE 20 INDIA METAL POLISH MARKET, BY END USER, $M (2025-2030)
- TABLE 21 COMPETITIVE BENCHMARKING OF KEY PLAYERS
- TABLE 22 LIST OF OTHER PLAYERS & THEIR OFFERINGS
- TABLE 23 CHROME STAR CHEMICAL WORKS - AT A GLANCE
- TABLE 24 WESTERN ABRASIVE INDUSTRIES PVT. LTD. - AT A GLANCE
- TABLE 25 AUTCA - AT A GLANCE
- TABLE 26 DARA ALLIED PRODUCTS - AT A GLANCE
- TABLE 27 MENZERNA POLISHING COMPOUNDS GMBH & CO. KG - AT A GLANCE
- TABLE 28 THE WAXPOL INDUSTRIES LIMITED - AT A GLANCE
- TABLE 29 PITAMBARI PRODUCTS PVT. LTD. - AT A GLANCE
- TABLE 30 ABRO INDUSTRIES INC. - AT A GLANCE
- TABLE 31 WD-40 COMPANY - AT A GLANCE
- TABLE 32 WD-40 COMPANY - KEY FINANCIAL SUMMARY
- TABLE 33 3M COMPANY - AT A GLANCE
- TABLE 34 3M COMPANY - KEY FINANCIAL SUMMARY
List of Figures
- FIG 1 MARKET SEGMENTATION
- FIG 2 RESEARCH METHODOLOGY
- FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
- FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
- FIG 5 DATA TRIANGULATION APPROACH
- FIG 6 CURRENCY CONVERSION RATES FOR USD (2023)
- FIG 7 INDIA METAL POLISH MARKET SUMMARY
- FIG 8 VALUE CHAIN ANALYSIS OF INDIA METAL POLISH MARKET
- FIG 9 GDP GROWTH IN 2019
- FIG 10 GDP GROWTH IN 2020
- FIG 11 GDP GROWTH IN 2021 (PROJECTIONS)
- FIG 12 COVID-19 IMPACT ON GDP
- FIG 13 BARGAINING POWER OF BUYERS
- FIG 14 BARGAINING POWER OF SUPPLIERS
- FIG 15 INTENSITY OF RIVALRY
- FIG 16 THREAT OF NEW ENTRANTS
- FIG 17 THREAT OF SUBSTITUTES
- FIG 18 INDIA METAL POLISH MARKET SNAPSHOT
- FIG 19 INDIA METAL POLISH MARKET, BY DISTRIBUTION CHANNEL, TONS (2019-2030)
- FIG 20 INDIA METAL POLISH MARKET, BY PRODUCT TYPE, TONS (2019-2030)
- FIG 21 INDIA METAL POLISH MARKET, BY APPLICATION, TONS (2019-2030)
- FIG 22 INDIA METAL POLISH MARKET, BY END USER, TONS (2019-2030)
- FIG 23 INDIA METAL POLISH MARKET SHARE OF KEY PLAYERS (2023)
- FIG 24 WD-40 COMPANY - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
- FIG 25 3M COMPANY - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
- FIG 26 RECKITT BENCKISER GROUP PLC - AT A GLANCE
- FIG 27 RECKITT BENCKISER GROUP PLC - KEY FINANCIAL SUMMARY
- FIG 28 RECKITT BENCKISER GROUP PLC - REVENUE SPLIT BY SEGMENT (2023)
