Market Research Reports - Ken Research Amines and Plasticizers Ltd Market Share India

India Polymer Additives Market is expected to reach over INR 6,500 crore by FY’2022: Ken
Research
India Polymer Additives Market by Type (Antioxidants, Stabilizers, Plasticizers, Flame Retardants
and Modifiers), by Application (PVC, Polyolefin and Other), by Type of Antioxidants (Phosphite,
Phenolic, UV-Absorbers and Trioesters), by Type of Application of Antioxidants (Engineering
Plastic, Automobile, Water Treatment and Corrosion Inhibitors), by Type of Stabilizers (Lead
Based, Calcium Based, Mixed Metal and Organic Based, Tin Based, Calcium-Zinc Based), by Type
of Application of Stabilizers (Wires and Cables, Engineering Plastic, White Goods and Others), by
Type of Plasticizers (Primary Plasticizers, Chlorinated Plasticizers and Epoxy Plasticizers), by
Application of Plasticizers (Construction Flooring and Carpet, Medical Equipments and Flexible
Applications), by Type of Flame Retardants (ATH, Antimony Oxide, Phosphite, Brominated and
Others), by Type of Modifiers (Impact Modifiers, Processing Aids) and Market share of Major
companies (KLJ Group, Payal Group, Amines and Plasticizers Ltd., BASF, Baerlocher, HPL
Additive, Adeka India, Clariant, DuPont, Lanxess)
Government initiatives like “Make in India” have brought substantial FDI into the country which
is strengthening the manufacturing sector in India which is further affecting the polymer
additives market positively.
Increase in usage of polymer products in almost every industry has increased the consumption
of polymer additives over the years.
Substantial increase in consumption of polymer and plastic products by the end user as well as
demand for newer polymer by the ever changing technology are expected to be the major
factors for growth of the polymer additives market in India.
Ken Research in its latest study, India Polymer Additives Market by Type (Stabilizers,
Plasticizers, Antioxidants, Flame Retardants and Modifiers), by Application (PVC, Polyolefin
and Other) – Outlook to 2022, suggests that BASF, HPL Additives, KLJ Group, Baerlocher India,
Adeka India and Amines & Plasticizers Ltd. will continue to lead the polymer additives market in
India and will compete on the basis of price, quality, just in time delivery and the range of
products that they offer.
The industry for polymer additives is largely demand driven from automotive, aerospace,
medical, construction, consumer goods and packaging sectors. The strong local market that
India possesses is expected to catapult the growth in the industrial sector. Smart packaging,
green packaging, logistics friendliness, longevity are the latest trends in the packaging industry
where plastics have a huge role to play. Also with the exuberant performance of e-commerce
industry, packaging consumption is expected to increase dramatically. Plastic consumption is
expected to accelerate tremendously as India will penetrate the underserved industry of