India Resins Market (2025-2031) | Size, Value, Industry, Share, Forecast, Growth, Revenue, Outlook, Companies, Trends & Analysis

India Resins Market Synopsis

India resins market is projected to grow at a CAGR of 6.5% during the forecast period 2025-2031, owing to increasing demand from various applications such as construction, automotive, and electrical & electronics among others. Increasing use of resins in paints & coatings industry coupled with growing need for corrosion protection is expected to drive the growth of India?s resin market over the upcoming years. Moreover, rising focus on developing bio-based polymers due to stringent environmental regulations has opened up new opportunities for manufacturers in this region.

Drivers of the Market:

1. Growing Demand from Automotive Industry? The Indian automotive sector is one of the biggest consumers of resins globally and accounted for 27% share in 2025. Increasing production of vehicles coupled with stringent emission norms are expected to boost the demand for lightweight materials which can reduce emissions and improve fuel economy are driving manufacturers towards using advanced thermoplastic materials including epoxy based composites or hybrids reinforced by glass fibre or carbon fibre composites that will help achieve desired performance parameters while reducing weight significantly - boosting overall efficiency level..

2. Growing Adoption Of Bio-Based Polymers ? Bioplastics are made from renewable resources such as cellulose, vegetable starch, lignin etc., making them more environment friendly compared with traditional plastics derived from petroleum sources like ethylene and propylene molecules.. This has resulted in increased adoption rate mainly driven by government initiatives regulating use of plastic materials across different end user industries such as packaging especially food containers and bottles along with other consumer products like toys etc., thereby driving growth in this segment over next six years.

3. Rising Focus On Renewable Energy Sources ? India actively promotes usage renewable energy sources due its abundance availability across country compared conventional energy sources leading development projects related solar photovoltaic technology wind turbines geothermal hydroelectricity . These developments have increased requirement specialised material ensure efficient functioning thus positively impacting sales volume these products . Additionally supportive government policies encouraging investments installation power plants further propelling industry expansion .

Challenges of the Market:

High Price Volatility Due To Unstable Feedstock Prices ? Resin prices remain highly volatile due fluctuations feedstock costs mainly crude oil natural gas both which may vary depending global geopolitical situations supply disruptions environmental concerns intense competition amongst players product price wars often lead decrease margins downstream manufacturers forcing them switch alternate cost effective solutions hence keeping check profitability margins entire chain . In addition presence many small scale regional

Key Highlights of the Report:

• India Resins Market Outlook
• Market Size of India Resins Market, 2024
• Forecast of India Resins Market, 2031
• Historical Data and Forecast of India Resins Revenues & Volume for the Period 2021-2031
• India Resins Market Trend Evolution
• India Resins Market Drivers and Challenges
• India Resins Price Trends
• India Resins Porter's Five Forces
• India Resins Industry Life Cycle
• Historical Data and Forecast of India Resins Market Revenues & Volume By Types for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Unsaturated Polyester Resins for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Alkyd Resins for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Emulsion Polymers for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Amino Resins for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Polyester Resin for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Polyurethane Resins for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Polyamide Epichlorohydrin Resin for the Period 2021-2031
• Historical Data and Forecast of India Unsaturated Polyester Resins Resins Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Adhesives for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Coatings for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Composites for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Packaging for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Paints & Varnishes for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Foundry Binders for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Food Packaging for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By End-users for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Electrical and Electronics for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Civil Engineering for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Marine and Shipbuilding for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Healthcare for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Oil & Gas for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Packaging for the Period 2021-2031
• Historical Data and Forecast of India Resins Market Revenues & Volume By Others for the Period 2021-2031
• India Resins Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-users
• India Resins Top Companies Market Share
• India Resins Competitive Benchmarking By Technical and Operational Parameters
• India Resins Company Profiles
• India Resins Key Strategic Recommendations