Region:Asia
Product Code:KR566
The report titled "India Polymer Additives Market by Type (Stabilizers, Plasticizers, Antioxidants, Flame Retardants and Modifiers), by Application (PVC, Polyolefin and Other) - Outlook to 2022" provides a comprehensive analysis of Stabilizers, Plasticizers, Antioxidants, Flame Retardants and Modifiers additives market in India. The report covers market size of polymer additives on the basis of revenue and consumption, segmentation on the basis of type of polymer additive and application. For antioxidant additive market, it covers market size, segmentation on the basis of type of antioxidants, by application, by market structure, by import and domestic production, market share of major players and future outlook and projections.
For stabilizers additive market, the report covers market size, market segmentation on the basis of type of stabilizers, by application, by market structure, by market source, market share of major players and future outlook and projections. For plasticizers market, the report covers market size, market segmentation on the basis of type of plasticizer, by application, by market structure, by market source, market share of major players and future outlook and projections. The report also provides Flame Retardants market size, market segmentation by type of flame retardants and future outlook and projections. For modifiers market, it covers market size, market segmentation by type of modifiers and future outlook and projections. The report also covers government regulations affecting the market, entry barriers, and competitive landscape and company profiles of major players in the polymer additives market in India. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
The report facilitate the readers with the identification and in-depth analysis of the existing and future trends, issues and challenges prevalent in the industry and anticipated growth in the future depending upon changing industry dynamics in coming years. The report is useful for polymer additive manufacturers, traders, importers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Industry Overview: The polymer additives market in India has seen a steady and consistent growth in the past few years. During 2012-2017, the polymer additives market has showcased a remarkable growth at a CAGR of ~%. The rise in consumption of polymer products and strengthening of the manufacturing sector in India has been the key drivers of this growth. The market in India is largely organized and consists of global leaders of the industry and indigenous producers that have been major players in the market from a long time.
Market Segmentation of India Polymer Additives Market: Plasticizers dominated the Indian market contributing around ~% (by Volume) of the total consumption of polymers additives in FY'2017 and ~% share of the market revenue. Stabilizers are the second most consumed polymer additive in the market with around ~% of the total consumption volume and ~% share of the total revenue of the market in FY'2017. Antioxidants, Modifiers and Flame retardants are consumed in lesser quantities and have a revenue share of ~%, ~% and ~% respectively in FY'2017.
Plasticizers Additives Market: Plasticizers contributed a total revenue of INR ~ million i.e. ~% of the total additives market, while the consumption was ~ tonnes which stands at ~% of the total consumption. The market is largely dominated by KLJ Group, Payal Group and Amines Plasticizers along with some other international players. Primary plasticizers especially phthalate based dominate the plasticizers market. Of the total consumption of plasticizers ~% is of primary plasticizers, ~% is of chlorinated plasticizers while the rest ~% is of epoxy plasticizers. The major applications for plasticizers are construction, flooring, carpets and medical equipments. Approx. ~% of the total plasticizers used in India is domestically produced and ~% is imported, mainly from China.
Stabilizers Additives Market: Their total consumption of Stabilizers Additives is about ~ tonnes which contributed ~% of the total additive consumption in FY'2017. The total revenue share of stabilizers in the Indian polymer additive market in FY'2017 is ~% which amounts to INR ~ million. Lead based stabilizers are the most popular in the market because of their wide applications and cheaper cost. They constitute ~% of the total stabilizers market. The current consumption of calcium based stabilizers is around ~% of the total stabilizer consumption in India. Around ~% of stabilizer market is organized and the rest ~% is unorganized. The major players dealing in the stabilizers market are Baerlocher India, Adeka India, and Suvarana Additives. In FY'2017, ~% of the total revenue of the stabilizers market came from the wires and cables industry, followed by engineering plastic which constitutes ~% and white goods industry constituting ~% of the total revenue of the stabilizers market in India.
Antioxidants Additives Market: The consumption of antioxidants in India is ~% of the total consumption of the additives market and they contributed around ~% of the total revenue of the additives market in India which amounted to INR ~ million. Antioxidants based on Phosphite are the most commonly used in the Indian market. The players that dominated the market in FY'2017 included BASF, HPL Additives and Adeka India. Engineering plastic, automotive, water treatment and corrosion inhibitors are the major applications for polymers made by adding antioxidants. Around ~% of the market is organized with ~% domestic production and the rest ~% is imported.
Flame Retardant Additives Market: The total consumption of flame retardants is ~tonnes which constituted around ~% of the total polymer additives market in India in FY'2017. In the same year, the revenue share was INR ~ million which is ~% of the total revenue of the additives market. Flame retardants have their application majorly in the construction industry. The companies dealing in flame retardants in India are largely organized with imports dominating the market. Major types include retardants based on Halogens, Phosphite, Antimony Oxide and ATH out of which ATH is the most prominently used in India. Standards have been issued by the BIS limiting the use of halogenated flame retardants, especially bromine based.
Modifiers Additives Market: In FY'2017, modifiers constituted around ~% of the polymer additives market revenue in India. The consumption was around ~ tonnes in FY'2017. In the same year the consumption of impact modifiers was around ~% of the total consumption of the modifiers market and that of processing aids was the rest ~%.
Competitive Landscape: The market largely consists of organized players with some mature indigenous companies and some MNCs which are leaders of the industry on the global level. Companies such as BASF, Baerlocher, Adeka Corporation deal in a wide range of additives in the Indian market and the Indian companies including HPL additives, KLJ Group, Payal Group have specialty in manufacturing a certain type of additive and do not manufacture or trade the entire spectrum of polymer additives. There are a large number of unorganized players in the market that majorly deal in importing and trading of polymer additives. Companies majorly compete on the basis of price and quality of the additive.
Future Potential of India Polymer Additives Market: The strong local market that India possesses is expected to catapult the growth in the industrial sector. As a result the total revenue of the polymer additive industry in India has been anticipated to grow from INR ~million to INR ~million between FY'2018 to FY'2022 with a CAGR of ~%. Government initiatives such as “Make in India” are expected to boost the manufacturing sector in India tremendously which will further support the growth in the domestic production of polymer additives. Rapidly changing technology and product innovation along with compliance to environmental and health norms will demand for newer additives to be developed as per the requirement of the application.
Present Market Dynamics
Market Segmentation of the Polymer Additives Market in India
Plasticizers Market
Stabilizers Market
Antioxidants Market
Flame Retardants Market
Modifiers Market
Competitive Landscape of India Polymer Additives Market
Trends and Growth Drivers
Future Analysis and Projection
Analyst Recommendation
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Research Methodology
Variables (Dependant and Independent)
Multifactor Based Sensitive Model
Limitations
Final Conclusion
Genesis of Polymer Additives Market and Major Players
Focus of Government on Industrial and Manufacturing Sector
Sources of raw material
Type of Additive Manufacturing and Trading Companies
Distribution Channel
5.1. India Polymer Additives Market Size, FY'2012 -FY'2017
5.2. India Polymer Additives Market Segmentation, FY'2012 -FY'2017
5.2.1. By Type of Additives (Plasticizers, Stabilizers, Anti-Oxidants, Flame Retardants and Modifiers), FY'2012-FY'2017
5.2.2. By Application (PVC, Polyolefin, Others), FY'2017
6.1. India Plasticizers Market Size, FY'2012-FY'2017
6.2. India Plasticizers Market Segmentation
6.2.1. By Type of Plasticizers (Primary, Chlorinated and Epoxy Plasticizers), FY'2017
6.2.2. By Application (Construction Flooring and Carpets, Medical Equipments, Wires and Cables Insulation, Packaging Products, Automotive Parts), FY'2017
6.2.3. By Market Structure (Organized and Unorganized Sector), FY'2017
6.2.4. By Market Source (Imports and Domestic Production), FY'2017
6.3. Market Share of Major Players in India Organized Plasticizers Market, FY'2017
6.4. India Plasticizers Market Future Outlook and Projections, FY'2018-FY'2022
7.1. India Stabilizers Market Size, FY'2012-FY'2017
7.2. India Polymer Additives- Stabilizers Market Segmentation
7.2.1. By Type of Stabilizers (Lead Based, Calcium Based, Mixed Metal and Organic Based, Tin Based, CA-ZN (Calcium Zinc) Based), FY'2017
7.2.2. By Application (Wires and Cables, Engineering Plastic, White Goods, Construction and Automobile), FY'2017
7.2.3. By Market Structure (Organized and Unorganized), FY'2017
7.2.4. By Market Source (Import and Domestic Production), FY'2017
7.3. India Stabilizers Market Future Outlook and Projections, FY'2018-FY'2022
8.1. India Antioxidants Market Size, FY'2012-FY'2017
8.2. India Antioxidants Market Segmentation
8.2.1. By Type of Antioxidants (Phosphite AO, Phenolic AO, UV-Absorbers, Trioesters), FY'2017
8.2.2. By Application (Engineering Plastic, Automobile, Water Treatment, Corrosion Inhibitors), FY'2017
8.2.3. By Market Structure (Organized and Unorganized Sector), FY'2017
8.2.4. By Domestic Production and Import, FY'2017
8.3. Market Share of Major Players in India Antioxidants Market, FY'2017
8.4. India Antioxidants Market Future Outlook and Projections, FY'2018-FY'2022
9.1. India Flame Retardants Market Size, FY'2012-FY'2017
9.2. India Flame Retardants Market Segmentation
9.2.1. By Type of Flame Retardants (ATH, Antimony Oxide, Phosphite, Brominated and Nitrogen Based Flame Retardants), FY'2017
9.3. India Flame Retardants Market Future Outlook and Projections, FY'2018-FY'2022
10.1. India Modifiers Market Size, FY'2012-FY'2017
10.2. India Modifiers Market Segmentation
10.2.1. By Type of Modifiers (Impact Modifiers and Processing Aids), FY'2017
10.3. India Modifiers Market Future Outlook and Projections, FY'2018-FY'2022
13.1. Introduction of New Biodegradable Additives
13.2. Indian Authorities Preparing REACH & CLP Like Regulations
13.3. Initiatives in Research and Product Innovation
13.4. Growth in Production Capacity
13.5. Growing Demand for Specialty Polymers
14.1. Low Quality Imports from China
14.2. Low Per Capita Plastic Consumption in India
14.3. Stringent Government Regulations
14.4. Fluctuating Prices of Raw Material
17.1. Competitive Scenario in India Polymer Additive Market
17.2. Company Profile of Major Players in India Polymer Additives Market
17.2.1. BASF
17.2.2. HPL Additives
17.2.3. Adeka India
17.2.4. Baerlocher India
17.2.5. KLJ Group
17.2.6. Amines & Plasticizers Ltd.
18.1. By Revenues, FY'2018-FY'2022
20.1. Consumption of PVC Resins in India, FY'2012- FY'2022
20.2. Engineering Plastics Market in India, FY'2012- FY'2022
20.3. Consumption of Polymer Additives in India, FY'2012- FY'2022
20.4. India Wires and Cables Industry, FY'2012-FY'2022
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