Product Code: ETC4480885 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India performance additives market import shipments demonstrated a robust expansion with a CAGR of 16.5% from 2020 to 2024. However, the growth rate slightly slowed to 1.2% between 2023 and 2024. Overall, the market exhibited strong momentum, indicating a steady upward trend during the period.
The India Performance Additives market is expanding as industries look for ways to enhance the properties of their products. Performance additives are used in various applications, such as plastics, coatings, and adhesives, to improve functionality and durability. The market growth is tied to the increasing demand for high-performance materials in India.
The India performance additives market is growing due to the expanding automotive, construction, and plastics industries. Performance additives are used to enhance the properties of various materials, making them more durable and efficient. The emphasis on improving the performance of products is driving the demand for performance additives.
The performance additives market faces challenges related to product differentiation, sustainability, and the need to adapt to rapidly changing industries. Developing additives that enhance product performance while meeting environmental and safety standards is an ongoing challenge.
The India Performance Additives market was impacted as industries like automotive, construction, and aerospace experienced disruptions. Reduced demand for high-performance additives in these sectors caused a temporary setback. However, with these industries regaining momentum, the market is expected to stabilize and grow.
The India Performance Additives market witnesses the dominance of companies like Clariant Chemicals (India) Ltd and DIC India Ltd. Both companies are renowned for their high-quality performance additives and continuous innovation in this sector, contributing significantly to the market`s growth.
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 Performance Additives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Performance Additives Market Revenues & Volume, 2021 & 2031F |
3.3 India Performance Additives Market - Industry Life Cycle |
3.4 India Performance Additives Market - Porter's Five Forces |
3.5 India Performance Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Performance Additives Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Performance Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance products in industries like automotive, construction, and packaging |
4.2.2 Growing awareness about the benefits of performance additives in enhancing product quality and durability |
4.2.3 Government initiatives promoting the use of eco-friendly and sustainable additives in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations and compliance standards for performance additives |
4.3.3 Limited availability of skilled workforce for developing and utilizing advanced additives |
5 India Performance Additives Market Trends |
6 India Performance Additives Market, By Types |
6.1 India Performance Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Performance Additives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Performance Additives Market Revenues & Volume, By Plastic Additives, 2021-2031F |
6.1.4 India Performance Additives Market Revenues & Volume, By Paint & Coatings Additives, 2021-2031F |
6.1.5 India Performance Additives Market Revenues & Volume, By Pigment Additives, 2021-2031F |
6.1.6 India Performance Additives Market Revenues & Volume, By Ink Additives, 2021-2031F |
6.2 India Performance Additives Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Performance Additives Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 India Performance Additives Market Revenues & Volume, By Household Goods, 2021-2031F |
6.2.4 India Performance Additives Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 India Performance Additives Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.6 India Performance Additives Market Revenues & Volume, By Construction, 2021-2031F |
7 India Performance Additives Market Import-Export Trade Statistics |
7.1 India Performance Additives Market Export to Major Countries |
7.2 India Performance Additives Market Imports from Major Countries |
8 India Performance Additives Market Key Performance Indicators |
8.1 Research and development investment in new performance additive formulations |
8.2 Adoption rate of sustainable and eco-friendly additives in manufacturing processes |
8.3 Number of partnerships and collaborations for technology transfer and innovation in the performance additives market |
9 India Performance Additives Market - Opportunity Assessment |
9.1 India Performance Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Performance Additives Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Performance Additives Market - Competitive Landscape |
10.1 India Performance Additives Market Revenue Share, By Companies, 2024 |
10.2 India Performance Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |