India Silicone Additives Market – Opportunities, Size & Growth Projections {2029}

India Silicone Additives Market is anticipated to grow significantly rate in the projected period of 2029, get FREE Sample Report.
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India Silicone Additives Market is anticipated to grow significantly rate in the projected period of 2029 which is driven by the increasing demand from personal and health care sector In 2022, India is ranked fourth globally for generating the highest revenue from the beauty and personal care market.

India Silicone Additives Market is expected to expand during the projected period due to increasing demand from personal and health care sector as these additives play a pivotal role in formulating effective and innovative skin and hair care products. From moisturizers and serums to cleansers and sunscreens, as well as shampoos and conditioners to styling products and treatments, the demand for silicone additives in the personal and health care sector is on the rise result in propelling the growth of India Silicone Additives Market in the forecast period.

Furthermore, silicone additives are use in various applications such as protective paints, textile coating, antifouling coatings in naval shipping, genuine and artificial leather, outdoor furniture, protection of printed text on food packaging, and creation of soft and smooth surfaces in accessories and clothing to enhance levelling, smoothing or reduced foaming that are expected to drive the demand for silicone additives. Along with this, increasing utilization of silicone additives in the automotive industry for making mar-resistant vehicle bodies with soft matte finish and rising consumer awareness regarding the quality and features offered by silicone additives result in growing the demand of India Silicone Additives Market in the coming years.

Rising Demand from Paint & Coatings Industry

India’s rapid infrastructure development and urbanization have fueled the demand for paints and coatings, consequently driving the need for silicone additives. For instance, according to a forecast by Indian Paint Association in 2023, Indian paint & coating industry will be worth USD 12.34 billion during the next five year, with a growth of 43% from the current levels. With increasing construction of highways, bridges, and commercial complexes, have significantly contributed to the growth of the paint and coating industry. Silicone additives find extensive application in architectural coatings, protective coatings, and industrial coatings used in infrastructure projects, enhancing durability, weather resistance, and surface protection. As infrastructure development continues to surge, the demand for silicone additives is expected to remain robust.

The increasing focus on aesthetics and surface performance in the paint and coating industry has propelled the demand for silicone additives. With increasing demand for products that offer superior finish, smoothness, and gloss retention, silicone additives play a crucial role in achieving these desirable characteristics by enhancing flow and leveling properties, reducing surface defects, and imparting a durable and glossy finish. Additionally, silicone additives improve the scratch and abrasion resistance of coatings, ensuring long-lasting performance. As rising demand for visually appealing and high-performing coatings, the demand for silicone additives continues to soar. In addition, silicone additives offer superior resistance to UV radiation, moisture, and temperature fluctuations, making them ideal for exterior coatings exposed to harsh environmental conditions. They enhance the durability and longevity of coatings by minimizing color fading, chalking, cracking, and degradation. Silicone additives offer unique rheological properties that improve the ease of application and optimize the performance of coatings. They facilitate better flow and leveling, reducing brush or roller marks, and ensuring uniform film thickness. Silicone additives also enhance surface wetting, allowing coatings to spread evenly and adhere to various substrates. These properties lead to improved application efficiency, reduced defects, and enhanced overall coating performance.

Therefore, increasing demand of silicone additives in the paint & coatings industry led to the growth of India Silicone Additives Market in the upcoming years.

Growing Demand from Silicone Additives in the Personal & Health care Industry

Silicone additives play a pivotal role in improving the performance and functionality of personal care and healthcare products. They are widely used in formulations such as creams, lotions, and gels to enhance the spreadability, smoothness, and skin-feel of these products. Silicone additives act as emollients, providing a silky and luxurious texture while improving moisturization and hydration. Additionally, they contribute to the stability and longevity of formulations, preventing phase separation and maintaining product integrity. The demand for high-performance personal care and healthcare products has led to an increased reliance on silicone additives. Consumer safety and skin compatibility are paramount considerations in the personal and healthcare industry.

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Market Segmentation

India Silicone Additives Market is segmented based on function, end user industry, and region. Based on the function, the India silicone additives market is divided into silicone defoamers, silicone wetting agents, silicone surfactants, silicone levelling agents, and others. Based on the end user industry, the India silicone additives market is categorized into paints & coatings, personal & health care, pulp & paper, food & beverages, and others. Based on region, the India silicone additives market is segregated into North, East, West and South, By Company.

Company Profiles

Shin-Etsu Silicones India Pvt. Ltd., BASF India Ltd., Dow Chemical International Pvt. Ltd., Wacker Chemie India Pvt Ltd., CHT India Pvt. Ltd., Vizag Chemical International, Elkay Chemicals Pvt. Ltd., Nano Tech Chemical Brothers, Supreme Silicones India Pvt Ltd, CHEMDROP India are some of the key players in India Silicone Additives Market.

Attribute Details
Base Year 2023
Historic Data 2019 – 2022
Estimated Year 2024
Forecast Period 2025 – 2029
Quantitative Units Revenue in USD Million, and CAGR for 2019-2023 and 2024-2029
Report coverage Revenue forecast, Company shares, competitive landscape, growth factors, and trends
Segments covered Function

End User Industry

Region scope North, East, West, South
Key companies profiled Shin-Etsu Silicones India Pvt. Ltd., BASF India Ltd., Dow Chemical International Pvt. Ltd., Wacker Chemie India Pvt Ltd., CHT India Pvt. Ltd., Vizag Chemical International, Elkay Chemicals Pvt. Ltd., Nano Tech Chemical Brothers, Supreme Silicones India Pvt Ltd, CHEMDROP India
Customization scope 10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs.
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, India Silicone Additives Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • India Silicone Additives Market, By Function:
    • Silicone Defoamers
    • Silicone Wetting Agents
    • Silicone Surfactants
    • Silicone Levelling Agents
    • Others
  • India Silicone Additives Market, By End User Industry:
    • Paints & Coatings
    • Personal & Health Care
    • Pulp & Paper
    • Food & Beverages
    • Others
  • India Silicone Additives Market, By Region:
    • North
    • East
    • West
    • South

Competitive landscape

Company Profiles: Detailed analysis of the major companies in India Silicone Additives Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

 

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