Press Release

India Silicone Additives Market to Grow with a CAGR of 3.86% through 2029

Growth in research and development activities is expected to drive the India Silicone Additives Market growth in the forecast period, 2025-2029


According to TechSci Research report, “India Silicone Additives Market- By Region, Competition, Forecast and Opportunities, 2019-2029”, the India Silicone Additives Market stood at USD118.32 million in 2023 and is anticipated to grow with a CAGR of 3.86% in the forecast period, 2024-2029. Initiatives taken by government based on silicone additives has led to favorable market conditions for the India Silicone Additives Market. Several factors contribute to the growth of various silicone additives products. The Indian government has taken steps to actively encourage and facilitate foreign investment in the country's industrial sector. A recent and noteworthy example of this is the Munich-based chemical group WACKER, which has not only recognized the immense potential of the Indian market but also established a brand new production site for silicones in Panagarh, India. This strategic move not only signifies their commitment to the region but also serves as a testament to the growing importance of India in the global marketplace. By attracting investments of this nature, the Indian government aims to foster the continued growth and development of the silicone additives market, creating new opportunities and driving innovation in the industry.


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One of the primary drivers of the silicone additives market is the continuous advancements in silicone additive technologies. Researchers are consistently coming up with innovative methods to improve the efficiency and effectiveness of silicone additives. These advancements have led to the development of new products with superior properties such as improved heat resistance, enhanced flexibility, better adhesion, and increased durability. These enhanced features make silicone additives highly desirable in various sectors like paints and coatings, plastics, personal care, and even in industries such as automotive and construction. The versatility of silicone additives has opened up new avenues for their application, ranging from improving the performance of paints to enhancing the durability of construction materials. As a result, the demand for silicone additives is steadily increasing, driven by the need for improved product performance and sustainability across multiple industries.

The India Silicone Additives Market is segmented into function, end user, regional distribution, and company

Based on its function, the silicone defoamers segment held the largest market share in the forecast period. The growing environmental consciousness among users, especially in developed regions, has sparked a significant increase in the demand for silicone-based defoamers. As industries continue to prioritize reducing their environmental footprint, the utilization of silicone defoamers, renowned for their eco-friendly properties, is anticipated to witness a further substantial rise. This trend is driven by the recognition of the crucial role that silicone defoamers play in minimizing foam-related issues while maintaining environmental sustainability in various sectors such as manufacturing, wastewater treatment, and chemical processing. With their superior performance and compatibility with diverse applications, silicone defoamers are becoming increasingly sought after as a sustainable solution for managing foam and optimizing operational efficiency while aligning with the global sustainability goals. Based on region, West India segment is expected to grow during the forecast period.  Located in the western part of India, this region boasts a strategic location that provides convenient access to major ports. As a result, it becomes effortless for manufacturers to import raw materials and export finished products, further bolstering the growth of the silicone additives market. This geographical advantage not only contributes to the region's dominance but also solidifies its position as a preferred destination for manufacturers seeking to capitalize on this thriving industry.


Major companies operating in India Silicone Additives Market are:

  • Dow Chemicals International Private Limited
  • BASF India Ltd.
  • Harmony Additives Private Limited
  • Resil Chemicals Pvt. Ltd.
  • Wacker Metroark Chemicals Pvt. Ltd.
  • Elkay Chemicals Pvt. Ltd.


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“Growing application of silicone additives in various end user industries are key drivers of the silicone additives market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of silicone additives with every passing year are anticipated to register an impressive growth to India Silicone Additives Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“India Silicone Additives Market By Function (Silicone Defoamers, Silicone Wetting Agents, Silicone Surfactants, Others), By End User (Paints & Coatings, Personal & Health Care, Paper & Pulp, Others), By Region, By Competition Forecast & Opportunities, 2019-2029”, has evaluated the future growth potential of India Silicone Additives Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Silicone Additives Market.



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India Silicone Additives Market By Function (Silicone Defoamers, Silicone Wetting Agents, Silicone Surfactants, Others), By End User (Paints & Coatings, Personal & Health Care, Paper & Pulp, Others), By Region, Competition, Forecast and Opportunities, 2019-2029

Chemicals | Nov, 2023

Growing demand of silicone additives in paints & coatings and healthcare industries are factors driving the India Silicone Additives Market in the forecast period 2025-2029.

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