India plastisol market is projected to grow at a healthy pace during the forecast period. The market growth can be attributed to increasing demand for plastisol from numerous end-user industries such as textile & apparel, construction, automotive, medical, agriculture, etc. The multi-purpose plastisol is tailored for manufacturing gloves, toys, glass bottles, furniture, chains, levers, plugs, closures, etc., which is anticipated to drive the growth of the India Plastisol Market through 2028. In addition, rising applications of plastisol in the country’s growing inks & coatings industry to manufacture phthalate and phthalate free plastisol inks are further going to boost the India Plastisol Market over the next five years. Besides, increasing construction activities in emerging economies and growing application of plastisol in automobile sector for various roles, from manufacturing to providing convenience and comfort to consumers are anticipated to fuel the growth of India plastisol market in the coming years. Growing usage of plastisol inks in textile screen printing and significant growth of the digital printing sector are expected to propel the growth of India plastisol market. Rapid introduction of advanced plastisol special-effect additives and significant population expansion are some of the factors supporting the market growth. However, the significant toxicity of phthalates and PVC might restrict the growth of India plastisol market in the coming years.
India plastisol market is segmented on the basis of processing technique, application, end-user industry, region, and company. Based on the processing technique, the market is further divided into spread coating, screen printing, casting, dip coating, and spray coating. Based on application, the market is further fragmented into inks & coatings, moldings, textile printings, adhesives & sealants, and others. Based on end-user industry, the market is further fragmented into textile & apparel, construction, automotive, metal finishing, defense & military, medical, agriculture, and others. The construction segment is expected to dominate India plastisol market owing to the extensive usage of plastisol for piping & fittings, electrical conduits, irrigation & sewers, coated paneling, decking & fencing, etc.
India Plastisol market is controlled by these major players, namely–
Objective of the Study
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of leading Plastisol manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, Market insights research was able to include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the processing techniques, applications, end-user industries, distribution network, and regional presence of all major Plastisol manufacturers across the country.
Market insights research calculated the market size for India Plastisol using a bottom-up approach, where manufacturers’ value sales data for standard applications (Inks & Coatings, Moldings, Textile Printing, Adhesives & Sealants and Others) were recorded and forecast for the future years. Market insights research sourced these values from industry experts and company representatives and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the Market insights research.
Key Target Audience
- Plastisol Manufacturers and Suppliers
- Research organizations and consulting companies
- Trade Associations, organizations, forums and alliances related to Plastisol
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Plastisol manufacturers, distributors and dealers, customers and policy makers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018- 2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Processing Technique · Application · End User Industry |
| Regional scope | North, South, East, West |
| Key companies profiled | Sushee Coatings Private Limited, PolyOne Polymers India Pvt. Ltd., Fujifilm India, Chemische Global Private Limited. |
| 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. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
