PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608243
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608243
India Water-Based Polymer Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Market Overview
The Indian water-based polymer market is projected to generate $19.6 billion in revenue in 2024, with an anticipated compound annual growth rate (CAGR) of 6.1% from 2024 to 2030, reaching $27.9 billion by 2030. This growth is driven by the expansion of the automotive sector, which utilizes water-based polymers for coatings, sealants, and adhesives. The automotive industry's contribution to India's GDP has increased to approximately 7.1%, up from 2.77% in 1992-93. In the 2021-2022 period, two-wheelers and passenger cars accounted for 77% and 18% of the automotive sales, respectively.
Key Insights
The building and construction industry is the largest end-user category, driven by the demand for eco-friendly and non-toxic materials in construction projects.
The northern region of India holds the largest market share and is also the fastest-growing area, attributed to rapid urbanization and infrastructure development.
Technological advancements, such as the incorporation of nanotechnology, are enhancing the performance of water-based polymers by imparting antibacterial properties and increased durability.
The market is fragmented, with numerous players focusing on innovation and strategic partnerships to gain a competitive edge.
Government initiatives promoting renewable and sustainable development are encouraging industries to adopt water-based solutions, aligning with stricter environmental regulations.
The textile industry is increasingly adopting water-based polymers due to their environmental benefits and safety profiles, contributing to market growth.
Advancements in material science are continuously improving the properties of water-based polymers, such as enhanced customization abilities, biodegradability, and compatibility, expanding their application scope.
The packaging industry is witnessing a shift towards water-based adhesives, recognized for their strength and safety, further propelling market demand.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by application
- 1.4.3. Market size breakdown, by end user
- 1.4.4. Market size breakdown, by region
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. India Market
- 6.1. Overview
- 6.2. Market Revenue, by Type (2019-2030)
- 6.3. Market Revenue, by Application (2019-2030)
- 6.4. Market Revenue, by End User (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. Competitive Landscape
- 7.1. List of Market Players and their Offerings
- 7.2. Competitive Benchmarking of Key Players
- 7.3. Product Benchmarking of Key Players
- 7.4. Recent Strategic Developments
Chapter 8. Company Profiles
- 8.1. Pidilite Industries Limited
- 8.1.1. Business overview
- 8.1.2. Product and service offerings
- 8.1.3. Key financial summary
- 8.2. Berger Paints India Ltd.
- 8.2.1. Business overview
- 8.2.2. Product and service offerings
- 8.2.3. Key financial summary
- 8.3. Asian Paints Ltd.
- 8.3.1. Business overview
- 8.3.2. Product and service offerings
- 8.3.3. Key financial summary
- 8.4. SILKFLEX POLYMERS (INDIA) LIMITED
- 8.4.1. Business overview
- 8.4.2. Product and service offerings
- 8.4.3. Key financial summary
- 8.5. Akzo Nobel India Ltd.
- 8.5.1. Business overview
- 8.5.2. Product and service offerings
- 8.5.3. Key financial summary
- 8.6. Shalimar Paints Ltd.
- 8.6.1. Business overview
- 8.6.2. Product and service offerings
- 8.6.3. Key financial summary
- 8.7. BASF India Ltd.
- 8.7.1. Business overview
- 8.7.2. Product and service offerings
- 8.7.3. Key financial summary
- 8.8. H.B. Fuller India Adhesives Pvt. Ltd.
- 8.8.1. Business overview
- 8.8.2. Product and service offerings
- 8.8.3. Key financial summary
- 8.9. Anabond Limited
- 8.9.1. Business overview
- 8.9.2. Product and service offerings
- 8.9.3. Key financial summary
- 8.10. Resil Chemicals Pvt. Ltd.
- 8.10.1. Business overview
- 8.10.2. Product and service offerings
- 8.10.3. Key financial summary
- 8.11. Indofil Industries Limited
- 8.11.1. Business overview
- 8.11.2. Product and service offerings
- 8.11.3. Key financial summary
- 8.12. Axalta Coating Systems India Pvt. Ltd.
- 8.12.1. Business overview
- 8.12.2. Product and service offerings
- 8.12.3. Key financial summary
Chapter 9. Appendix
- 9.1. Abbreviations
- 9.2. Sources and References
- 9.3. Related Reports
