Plastic additives demand in India stood at 1,329 KTPA in 2018 and is
projected to grow at a CAGR of 7.08% during 2019-2030 to reach 2,970 KTPA by 2030.
Increasing use of plastic additives in various end use industries such as packaging,
automotive, consumer goods, construction, electronics, agriculture and pharmaceutical
is leading to the huge plastic additives consumption in the country. Moreover, plastic
additives find
applications in 3D
printers, cables, surface treatments, ambient curing systems, PVC Plastisols, closed
mold applications and thermoplastics. Additionally, government has framed
stringent regulatory policies for the use of non-biodegradable plastics and
promoting bio-degradable plastics, which in turn are expected to boost demand
for bio-degradable plastics in the coming years, thereby resulting in demand
for plastic additives in India in coming years.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the
Study:
- The primary objective of the study was to
evaluate and forecast plastic additives demand, production, inventory, and
demand – supply gap in India.
- To categorize plastic additives demand based on end-use, grade, region and sales channel in India.
- To study trade dynamics in India plastic
additives market.
- To identify major customers of plastic additives in
India.
- To identify and profile major companies operating
in India plastic
additives market.
- To identify
major developments, deals and expansion plans in India plastic additives market.
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Report Scope:
In this report, India plastic additives market has been segmented into
following categories:
Some of the
major players operating in India plastic
additives market are BASF
India Limited, Clariant Chemicals (India) Limited, Fine Organic Industries
Limited, Baerlocher, HPL Additives Limited, Astrra Chemicals, etc.
To extract data for India plastic
additives market, primary
research surveys were conducted with manufacturers, suppliers, distributors,
wholesalers and end users of plastic additives. While interviewing, the respondents were also inquired
about their competitors. Through this technique, TechSci Research was able to
include manufacturers that could not be identified due to the limitations of
secondary research. Moreover, TechSci Research analyzed various end user
segments and projected a positive outlook for India plastic additives market over the coming years.
TechSci Research calculated plastic
additives demand in India by
analyzing the historical data and demand forecast was carried out considering
the consumption pattern, growing use of 3D printers, demand for bio-degradable
plastics, government regulatory policies for the use of non-biodegradable
plastics, etc. TechSci Research sourced these values from industry experts and
company representatives and externally validated through analyzing historical sales data of respective
manufacturers to arrive at the overall market size. Various secondary sources
such as company websites, association reports, annual reports, etc., were also studied
by TechSci Research.
Key Target Audience:
- Plastic additives manufacturers and other stakeholders.
- Organizations, forums
and alliances related to plastic
additives distribution
- Government bodies such
as regulating authorities and policy makers
- Market
research organizations and consulting companies
The study is useful in providing answers to several critical questions
that are important for industry stakeholders, such as plastic additives manufacturers, distributors and policy makers. The report
also provides useful insights about which market segments should be targeted
over the coming years to strategize investments and capitalize on growth
opportunities.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team atsales@techsciresearch.com