Product Code: ETC4478665 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Formulation additives are essential in various industries, including paints, coatings, and adhesives. These additives improve product performance and processing. In India, as the construction and manufacturing sectors grow, the demand for formulation additives is on the rise to meet quality standards and regulatory requirements.
The India formulation additives market is influenced by the pharmaceuticals, food, and cosmetics industries. Formulation additives are crucial in enhancing the stability, texture, and performance of various products. As consumers seek improved quality and functionality in these sectors, the demand for formulation additives is rising. Additionally, the focus on natural and clean-label products is driving the development of innovative additives to meet consumer preferences and regulatory requirements.
The formulation additives market in India faces challenges linked to the need for customizable additives to cater to various industries and applications. Different products and industries have specific requirements for formulation additives, and manufacturers need to offer a wide range of solutions. Additionally, the market must address the demand for sustainable and environmentally friendly additives, which necessitates investment in research and development to develop eco-friendly formulations.
The COVID-19 pandemic had a mixed impact on the formulation additives market in India. The market faced disruptions in the supply chain due to lockdowns and restrictions, affecting manufacturing and distribution. However, with increased demand for hygiene and healthcare products, certain additives like antimicrobial agents and stabilizers experienced higher demand. Overall, the market witnessed shifts in product demand and distribution channels, forcing companies to adapt to changing market dynamics.
Key players in India formulation additives market comprise leading chemical companies, such as BASF, Dow Chemical Company, Clariant, Ashland, and Evonik Industries. These players are prominently engaged in providing a wide range of formulation additives used in various industries for enhancing product properties.
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 Formulation Additives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Formulation Additives Market Revenues & Volume, 2021 & 2031F |
3.3 India Formulation Additives Market - Industry Life Cycle |
3.4 India Formulation Additives Market - Porter's Five Forces |
3.5 India Formulation Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Formulation Additives Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Formulation Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance coatings and paints in the construction sector |
4.2.2 Growing adoption of green and sustainable additives in formulations |
4.2.3 Rise in industrial activities and infrastructure development in India |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent environmental regulations on the use of certain additives |
4.3.3 Intense competition among formulation additives manufacturers |
5 India Formulation Additives Market Trends |
6 India Formulation Additives Market, By Types |
6.1 India Formulation Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Formulation Additives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Formulation Additives Market Revenues & Volume, By Defoamers, 2021-2031F |
6.1.4 India Formulation Additives Market Revenues & Volume, By Rheology Modifiers, 2021-2031F |
6.1.5 India Formulation Additives Market Revenues & Volume, By Dispersing Agents, 2021-2031F |
6.2 India Formulation Additives Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Formulation Additives Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 India Formulation Additives Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 India Formulation Additives Market Revenues & Volume, By Industrial , 2021-2031F |
6.2.5 India Formulation Additives Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.6 India Formulation Additives Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.7 India Formulation Additives Market Revenues & Volume, By Furniture & Flooring, 2021-2031F |
7 India Formulation Additives Market Import-Export Trade Statistics |
7.1 India Formulation Additives Market Export to Major Countries |
7.2 India Formulation Additives Market Imports from Major Countries |
8 India Formulation Additives Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly additives in the formulation industry |
8.2 Investment in research and development for innovative formulation additives |
8.3 Number of strategic partnerships and collaborations for market expansion |
9 India Formulation Additives Market - Opportunity Assessment |
9.1 India Formulation Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Formulation Additives Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Formulation Additives Market - Competitive Landscape |
10.1 India Formulation Additives Market Revenue Share, By Companies, 2024 |
10.2 India Formulation Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |