India Plastic Additives Market Growth Trends, Volume Insights & Outlook 2030

 


Future India Plastic Additives Market: Key Dynamics, Size & Share Analysis

The India Plastic Additives Market size is valued at around USD 3.34 billion in 2025 and is expected to reach USD 5.23 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.38% during the forecast period, i.e., 2025-30.

Top Driver Impacting the India Plastic Additives Market Growth

High Demand for Plastic Packaging Driving Market Growth – The market growth is primarily driven by the increasing demand for plastic packaging products in food and beverages, pharmaceuticals, and e-commerce, which amounts to about 60% of plastic consumption in the country. This is increasing the demand for additives used in plastics, such as stabilizers, plasticizers, impact modifiers, colorants, etc. These additives increase the durability, flexibility, lightweightness, barrier protection, and shelf life of the plastic packaging products, which is particularly important for logistics in the country.

Moreover, government bodies such as the Food Safety and Standards Authority of India (FSSAI) are regularly updating regulations related to hygiene and safety in food and pharma to keep the standards in line with the global standards in the country. This is increasing the demand for plastic additives that can prevent contamination and preserve the quality of the plastic contents, such as food, medicine, etc. For instance, the shelf life of physical goods is extended by the multilayer packaging films with UV stabilizers and antioxidant additives. Therefore, these factors are driving the market demand, particularly from the packaging industry.

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Understanding the Core Segments in the India Plastic Additives Market

India Plastic Additives Market Size, Share & Industry Trends Analysis - By Type (Plasticizers, Flame retardants, Heat stabilizers, Fillers, Impact modifiers, Antioxidants, Colorants, Lubricants, Light stabilizers, Others), By Polymer Type (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS & EPS), Polyethylene Terephthalate (PET), Engineering Plastics (ABS, PC, PA, PBT, etc.), Others), By End-User (Packaging, Construction, Automotive, Electrical & Electronics (E&E), Consumer Goods (non-electrical), Agriculture, Others), and others

Geographical Analysis of the India Plastic Additives Market

-By Region

  • North
  • East
  • South
  • West
  • Central

Who Dominates the India Plastic Additives Market Insights on Key Industry Players?

Companies are strengthening their presence in the India Plastic Additives market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

  • Akzo Nobel N.V.
  • Albemarle Corporation
  • Atul Ltd.
  • Avient
  • BASF SE
  • Clariant AG
  • Dow
  • Eastman Chemical Company
  • Evonik
  • Flamingo Additives & Colourants LLP
  • Kaneka Corporation
  • LANXESS
  • Lubrizol Corporation
  • Meghmani Organics Ltd.
  • NOCIL Ltd.
  • SABIC
  • SI Group
  • SONGWON Industrial
  • Synergy Poly Additives Pvt. Ltd.
  • Nabaltec AG
  • Others

Tap into future trends and opportunities shaping the India Plastic Additives view the complete report: https://www.marknteladvisors.com/research-library/plastic-additives-market-india.html

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