Product Code: ETC193476 | 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 iron oxide market import shipment demonstrated a steady growth trend from 2020 to 2024, with a CAGR of 4.9%. However, there was a slight slowdown in growth between 2023 and 2024, with a negative growth rate of -0.8%. Overall, the market expanded, albeit at a slightly slower pace towards the end of the period.
Iron oxides are the most commonly used group of inorganic pigments. Iron oxide is widely used as a colorant in paints, coatings, plastics, ceramics and glass. It is also used for magnetic storage media and photocopying products. India iron oxide market size was valued at USD 141 million in 2025 and is expected to grow at a CAGR of 5.5% during the forecast period 2025-2031.
The primary driving factor behind the growth of iron oxide industry in India includes expanding usage across diverse industries including cosmetics & personal care products, paints & coatings, plastics & rubber manufacturing etc., due to superior properties offered by it such as excellent corrosion resistance and chemical stability which makes it suitable for use under extreme conditions. Moreover, rising investments towards infrastructure development activities coupled with government initiatives promoting R&D efforts for developing innovative solutions are some other factors driving overall market sales during the forecast period. Additionally surging demand from glass production sector also projected to provide ample opportunities for this segment???s expansion over upcoming years owing to rising consumer preference towards aesthetic packaging formats for beverages or food items packed into glass containers thus escalating associated product consumption significantly.
There are certain challenges faced by players operating within this market including strict regulatory framework imposed by authorities related to safety standards while handling these chemicals since they can cause severe health issues if not managed properly while being processed or used commercially on large scale basis. Additionally high cost incurred during entire process starting from manufacturing till transportation leading up till final disposal could further act as an impediment towards growth trajectory during coming years
Some key players identified operating within IndiaIron Oxide Market are Vishnupriya Chemicals Pvt Ltd., Shree Hari Pigment Pvt Ltd., Deepak Fertilizers And Petrochemicals Corporation Limited , Pidilite Industries Limited , Atul Ltd , Choksey Chemical Industries Private Limited among others.
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 Iron Oxide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Iron Oxide Market Revenues & Volume, 2021 & 2031F |
3.3 India Iron Oxide Market - Industry Life Cycle |
3.4 India Iron Oxide Market - Porter's Five Forces |
3.5 India Iron Oxide Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Iron Oxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Iron Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rapid industrialization and urbanization in India leading to increased demand for iron oxide in construction, paint, and coatings industries. |
4.2.2 Growth in infrastructure projects such as roads, bridges, and buildings driving the consumption of iron oxide. |
4.2.3 Rising investments in the automotive sector fueling the demand for iron oxide in automotive coatings. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of iron oxide. |
4.3.2 Stringent environmental regulations regarding the disposal of iron oxide waste affecting production processes. |
4.3.3 Competition from alternative pigments and dyes limiting the growth of the iron oxide market. |
5 India Iron Oxide Market Trends |
6 India Iron Oxide Market, By Types |
6.1 India Iron Oxide Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Iron Oxide Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Iron Oxide Market Revenues & Volume, By Red Iron Oxide, 2021-2031F |
6.1.4 India Iron Oxide Market Revenues & Volume, By Yellow Iron Oxide, 2021-2031F |
6.1.5 India Iron Oxide Market Revenues & Volume, By Black Iron Oxide, 2021-2031F |
6.1.6 India Iron Oxide Market Revenues & Volume, By Orange Iron Oxide, 2021-2031F |
6.1.7 India Iron Oxide Market Revenues & Volume, By Brown Iron Oxide, 2021-2031F |
6.1.8 India Iron Oxide Market Revenues & Volume, By Green Iron Oxide, 2021-2031F |
6.2 India Iron Oxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Iron Oxide Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 India Iron Oxide Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.4 India Iron Oxide Market Revenues & Volume, By Plastics, 2021-2031F |
6.2.5 India Iron Oxide Market Revenues & Volume, By Paper & Pulp Manufacturing, 2021-2031F |
6.2.6 India Iron Oxide Market Revenues & Volume, By Textile, 2021-2031F |
6.2.7 India Iron Oxide Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.8 India Iron Oxide Market Revenues & Volume, By Others (Fertilizers, Cosmetics, Rubber), 2021-2031F |
6.2.9 India Iron Oxide Market Revenues & Volume, By Others (Fertilizers, Cosmetics, Rubber), 2021-2031F |
7 India Iron Oxide Market Import-Export Trade Statistics |
7.1 India Iron Oxide Market Export to Major Countries |
7.2 India Iron Oxide Market Imports from Major Countries |
8 India Iron Oxide Market Key Performance Indicators |
8.1 Average selling price of iron oxide in the Indian market. |
8.2 Percentage of iron oxide used in new construction projects. |
8.3 Adoption rate of iron oxide in the automotive sector for coatings. |
9 India Iron Oxide Market - Opportunity Assessment |
9.1 India Iron Oxide Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Iron Oxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Iron Oxide Market - Competitive Landscape |
10.1 India Iron Oxide Market Revenue Share, By Companies, 2024 |
10.2 India Iron Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |