Market Forecast By Type (Dimethyl, Propylene, Ethylene, Glycerol, 1,2-Epoxydodecane, 1,2-Hexadecene, Styrene, Others), By Application (Solvents, Catalysts, Electrolytes, Additives, Cleaners, Others), By End Use (Cosmetics & personal care, Paints & coatings, Pharmaceuticals, Textile, Energy & Power, Polymer, Others) And Competitive Landscape
Product Code: ETC199536 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India carbonate market import shipment exhibited a robust CAGR from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024. Overall, the market saw expansion with a notable shift in momentum towards the end of the period.
India Carbonate Market report thoroughly covers the market by type, by application and by end-use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The India carbonate market is expected to witness significant growth owing to the growing demand for lightweight materials in the automotive, electrical and electronics, building & construction, coatings and paints industries. Increasing investment from infrastructure development projects in India along with rising government initiatives towards industrialization are some of the key factors driving the growth of the market. In addition, the increasing application of carbonates as fillers and extenders across various industries such as plastics, paper & pulp industry among others is likely to fuel the growth of India carbonate market over the forecast period.
According to 6Wresearch, the India Carbonate Market size is estimated to gain traction during the forecast period 2025-2031. The market is estimated to grow rapidly in the coming years on the back of the rising expansion of various industries including textile, pharmaceutical, and paints & coatings. Additionally, the rising food and beverages industry is proliferating the carbonate demand as it is widely used to manufacture premium quality beverages. This is one of the factors driving the market growth.
Growing demand for lightweight materials: Increase in production capacity expansion by automakers due to rising automotive sales has increased demand for cost-efficient solutions that provide excellent performance characteristics at low weight ratios. This has led manufacturers towards the use of innovative products such as calcium carbonate which helps reduce weight without compromising on strength qualities thus resulting in a strong adoption rate which would drive growth of the market over coming years. Rising Infrastructure Development Projects: Government initiatives towards Industrialization have driven investments from both domestic and foreign players which is further leading to numerous infrastructure projects such as roads & railways constructions etc., thereby creating strong potentials for the use of calcium carbonates that are majorly used in these applications mainly due its unique properties such as high insulation against electric current, heat resistance etc., hence providing immense opportunities for growth within this sector.
High price volatility associated with raw material prices- Volatility associated with prices of raw materials can be considered one main challenge since most of them are dependent upon natural resources or processes making it difficult to predict future scenarios while taking into account long-term strategies. Further fluctuating costs directly affect profit margins limiting profitability options available within this segment thus hampering overall progress made by manufacturing entities operating under this domain.
Some major companies operating in India Carbonate Market include Imerys Group, Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Specialty Minerals Inc., Sibelco NV, GLC Mineral Pvt Ltd., Nagarjuna Fertilizers And Chemicals Ltd., CCMPAINDIA CARBONATES PVT LTD.. Moreover, new product launches coupled with strategic collaborations between top players are some other developments undertaken recently so increase presence across emerging markets like the Asia Pacific region especially China, therefore, ensuring a better return on invested capital hence propelling further advancements seen within this vertical.
India Carbonate Market is estimated to secure substantial growth in the country backed by some ongoing trends & opportunities such as brands are improving the beverage’s quality by using premium ingredients and unique packaging. As consumers are spending on high premium carbonated beverages. One of the significant trends proliferating the market growth is the rising carbonate demand as a filler material across several sectors like paper, plastics, paints, and coatings. Additionally, carbonate is being used widely in the production of cosmetics & personal care products, hence the rising cosmetic products purchase, leading to a boost in the Carbonate Market growth in the country. The rising textile industry in the country is fuelling the carbonate demand as it is used to serve various purposes such as the de-sizing process and Regulation in Dyeing and Printing. This is one of the leading opportunities opening the growth corridors for the India Carbonate industry.
COVID - 19 pandemic has adversely impacted all sectors including the carbonate industry due to disruption in supply chain operations along with the closure of factories/units leading to reduced revenue generation throughout India GDP outlook however things have started returning back slowly but surely which would help bring back balance profits for these markets as well.
According to Shivankar, Research Manager, 6wresearch, all the segments are gaining traction in the market including, Solvents, Catalysts, Electrolytes, Additives, and Cleaners. The growth is driven by various growing aspects such as technological advancements and consumer preference.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Carbonate Market Overview |
3.1 India Carbonate Market Revenues & Volume, 2024 - 2031F |
3.2 India Carbonate Market - Industry Life Cycle |
3.3 India Carbonate Market - Porter's Five Forces |
3.4 India Carbonate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.5 India Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Carbonate Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness benefits of carbonated beverages |
4.2.2 Growing disposable income leading to higher spending on carbonated drinks |
4.2.3 Rising urbanization and changing lifestyles driving demand for convenience products |
4.3 Market Restraints |
4.3.1 Health concerns related to high sugar content and artificial ingredients in carbonated beverages |
4.3.2 Increasing government regulations and taxes on sugary drinks |
4.3.3 Shift towards healthier alternatives like natural juices and flavored water |
5 India Carbonate Market Trends |
6 India Carbonate Market Segmentation |
6.1 India Carbonate Market Type |
6.1.1 Overview and Analysis |
6.1.2 India Carbonate Market Revenues & Volume, By Type, 2024 - 2031F |
6.1.3 India Carbonate Market Revenues & Volume, By Dimethyl, 2024 - 2031F |
6.1.4 India Carbonate Market Revenues & Volume, By Propylene, 2024 - 2031F |
6.1.5 India Carbonate Market Revenues & Volume, By Ethylene, 2024 - 2031F |
6.1.6 India Carbonate Market Revenues & Volume, By Glycerol, 2024 - 2031F |
6.1.7 India Carbonate Market Revenues & Volume, By 1,2-Epoxydodecane, 2024 - 2031F |
6.1.8 India Carbonate Market Revenues & Volume, By 1,2-Hexadecene, 2024 - 2031F |
6.1.9 India Carbonate Market Revenues & Volume, By Others, 2024 - 2031F |
6.1.10 India Carbonate Market Revenues & Volume, By Others, 2024 - 2031F |
6.2 India Carbonate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Carbonate Market Revenues & Volume, By Solvents, 2024 - 2031F |
6.2.3 India Carbonate Market Revenues & Volume, By Catalysts, 2024 - 2031F |
6.2.4 India Carbonate Market Revenues & Volume, By Electrolytes, 2024 - 2031F |
6.2.5 India Carbonate Market Revenues & Volume, By Additives, 2024 - 2031F |
6.2.6 India Carbonate Market Revenues & Volume, By Cleaners, 2024 - 2031F |
6.2.7 India Carbonate Market Revenues & Volume, By Others, 2024 - 2031F |
6.3 India Carbonate Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 India Carbonate Market Revenues & Volume, By Cosmetics & personal care, 2024 - 2031F |
6.3.3 India Carbonate Market Revenues & Volume, By Paints & coatings, 2024 - 2031F |
6.3.4 India Carbonate Market Revenues & Volume, By Pharmaceuticals, 2024 - 2031F |
6.3.5 India Carbonate Market Revenues & Volume, By Textile, 2024 - 2031F |
6.3.6 India Carbonate Market Revenues & Volume, By Energy & power, 2024 - 2031F |
6.3.7 India Carbonate Market Revenues & Volume, By Polymer, 2024 - 2031F |
7 India Carbonate Market Import-Export Trade Statistics |
7.1 India Carbonate Market Export to Major Countries |
7.2 India Carbonate Market Imports from Major Countries |
8 India Carbonate Market Key Performance Indicators |
9 India Carbonate Market - Opportunity Assessment |
9.1 India Carbonate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Carbonate Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India Carbonate Market - Competitive Landscape |
10.1 India Carbonate Market Revenue Share, By Companies, 2024 |
10.2 India Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |