India Plastic Additives Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030

The demand for plastic additives 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 the demand for bio-degradable plastics in the coming years, thereby resulting in the 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 the demand - supply gap in India.


• To categorize Indian plastic additives demand based on end-use, grade, region and sales channel in India.


• To study trade dynamics in the Indian plastic additives market.


• To identify major customers of plastic additives in India.


• To identify and profile major companies operating in the Indian plastic additives market.


• To identify major developments, deals and expansion plans in the Indian plastic additives market.

Some of the major players operating in the country’s 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 the Indian 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, the author was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the author analyzed various end-user segments and projected a positive outlook for the country’s plastic additives market over the coming years.

The author calculated the demand for plastic additives by analyzing the historical data and demand forecast which 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. The author 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 the author.

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, the author offers customizations according to a company’s specific needs.

*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.