The report titled “India Coupling Agents & Compatibilizers Market Outlook to 2023 – By Application (Packaging & Plastics Industry, Automotives Industry, Adhesives & Sealants and Paints & Coatings, Rubber Industry, Energy Sector and Others) and by Coupling Agents (Maleic Anhydride Grafted Polymers, Silane Coupling Agents and Others)” by Ken Research suggested a growth at a CAGR of around 9% in India Coupling Agents and Compatibilizers Market during 2013-2018.
Increasing regulations on plastic usage and its non-biodegradable nature, growing trend of green tires, entry of more number of international players in the market have been the major factors driving India Coupling Agents & Compatibilizers Market.
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Global coupling agents market has been valued at approximately USD 500 million by the end of 2018. India Coupling agents & Compatibilizers market is currently placed in growth stage with tremendous growth potential in the next 10 years. This has been primarily supported by the growing end user application & demand. With low proportion of manufacturing carried-out within India, domestic demand is generally met through imports from regions including China, Europe (Germany, Belgium), Middle East (Israel), Americas and others. The marketing and sales activities in this B2B space is majorly carried out through wholesalers and through classifieds websites online.
The market is home to around 100 players with 30 being major ones including DowDuPont, Pluss advanced technology Pvt Ltd, K. K. Chempro India Private Limited, Vincoplas Pvt Ltd, KPL International and others. These players constantly focus on inventing new and efficient production techniques and in establishing innovative products in order to achieve competitive edge in the market. The market is expected to record a robust CAGR of more than 13% in next 5 years.
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Indian players (through domestic manufacturing) cannot fulfill the excess demand gap hence, the major end user industries & clients have to resort to both domestic & international traders for the same. Coupling agents and compatibilizers find their major usage in industries such as automotive, plastics, packaging, rubber and others. The demand of products manufactured by these industries would hence, indirectly substantiate the demand for coupling agent market. Automotive industry is estimated to be the second fastest growing industry in India. In case of automobiles, coupling agents find wide variety of usage ranging from tyres to engines covers. It is observed that automotive industry has been recording a growth rate of close to 8% during 2013 to 2018 period in terms of production, which can be considered as one of the major factors for growth in coupling agents market in previous years.
Packaging is considered to be the largest consumer of polymers, worldwide. With new environmental regulations, the government aims to eliminate the use of non-biodegradable plastics and promote usage of biodegradable packaging. The only setback with these sorts of plastics is their immiscible nature. Coupling agents promotes adhesion between such materials.
Some of the major players involved in packaging industry demanding the use of coupling agents include Balmer Lawrie & Co. Ltd., Ester Industries Ltd., Flexituff International Ltd., Jindal Poly Films Ltd, TCPL Packaging Ltd., Time Technoplast Ltd., Uflex Ltd.
Developments in Rubber industry has led to increase in demand for coupling agents. Coupling agents find their major use in green tires manufacturing. Various automotive companies prefer to use green tires as these help in increasing rolling resistance, increases grip and help in providing fuel efficiency. Coupling Agents in agriculture are mainly used through plasti-culture. Plasti-culture refers to the use of plastics in agriculture through plastic pipes and other plastic equipments. The government’s national mission on micro irrigation with the objective to enhance water use efficiency with various technologies such as drip & sprinkler irrigation technologies. Such missions have helped in popularizing plasti-culture which directly increases the demand for coupling agents and compatibilizers. Over the years, the use of recycling agents has increased due to coming up of various government regulations and increasing awareness among people. Recycling of plastics is now not just only limited to plastics sector but has also spread to automotive industry with recyclable material uses in bumpers, engine covers, ducts; in packaging industry in the form of flexible packaging and others. The demand for coupling agents has increased in Asia Pacific Region due to reduced supply from Europe and other foreign countries on account of shut down of various plants with the imposition of various environmental regulations . This has led to shift in demand to Asia Pacific region countries with China being on the top in terms of demand scale.
Keywords:-
India Coupling Agents Market
India Coupling Agents Industry
India Coupling Agents Revenue
India Coupling Agents Overview
India Compatibilizers Market
India Compatibilizers Report
India Compatibilizers Analysis
Compatibilizers Product Competition
SWOT analysis India Compatibilizers
India Coupling Agents Sales
Major Trends India Coupling Agents
Coupling Agents Industry In India
Regulations for Coupling Agents plant
India Coupling Agents Import
India Compatibilizers in Fiber Treatment
Compatibilizers Usage in Paints Industry
India Coupling Agents Future
India Tie Layer Market
Tie Layer Market Analysis
Tie Layer Major Companies
Tie Layer India Future
Tie Layer Major Type
Tie Layer Packaging
Tie Layer Multi Layer Packaging
Challenges India Coupling Agents
Future India Compatibilizers
3M India Coupling Agent Revenue
Import Coupling Agent India
Import Silane Coupling Agent India
Extrusion Coupling Agent India
Grafting Coupling Agent India
Titanate Coupling Agent Growth India
Key Segments Covered:-
Market Segmentation by End User Industries
Packaging & Plastics Industry
Automotives Industry
Adhesives & Sealants and Paints & Coatings
Rubber Industry
Energy Sector
Others (Fiber Treatment, Dental, Construction, Textile & Others)
Market Segmentation By Type
Maleic Anhydride Grafted Polymers
Silane Coupling Agent
Others (Titanates, Zirconate, Aluminates & Others)
Key Target Audience:-
Global coupling agents manufacturing companies
Indian coupling agents manufacturing companies
Coupling agent and compatibilizers trading companies
Major distributers of Coupling agent and compatibilizers
Governmental and research organizations
Time Period Captured in the Report:
2013-2018 – Historical Period
2019-2023 – Future Forecast
Companies Covered:-
Indian Players: KPL International Limited (KPL), K. K. Chempro India Private Limited, Plus advanced technology Pvt LTD, Peekay Dealer Pvt. Ltd., Supreme Silicons , SR Marketing LLP, AKD Polymers Pvt ltd PVC Compatibilizers, Vincoplas Pvt ltd (Inventive Polymers), Ultrananotech Pvt LTD, Supple Rubber Chemicals Pvt Ltd, Lab Line Enterprises, Krishna Enterprises, Rotoman Engineers India Pvt LTD, PK Enterprise, Aquent Impex India Pvt LTD, Sarvan Carbochem LLP, 4P Global Pvt LTD, Rishiroop Polymers Pvt LTD., KCC Corporation, Monachem Additives Pvt LTD, TriStar Global Pvt ltd, Super Urecoat Industries, Newgen Speciality Plastics Limited.
International Players: Arkema, Polyram, DowDuPont, Power Chemical Corporation(PCC), Hexpol Compounding, Evonik, Shin-Etsu Silicones, Struktol, 3M, Rayton Chemicals, Gelest, Evonik, GBXF, Gaizhou Hengda Chemicals Co., Ltd, Guotai-Huarong, HERRMAN, HUBEI Blueshy New, Hangzhou Dadi Chemical Co., Ltd., Huachangchem, Hungpai Chemistry Co., Ltd, JNC (Chisso).
Importers Of Coupling Agents: Henkel Teroson India Ltd, Crescent Polymers Pvt Ltd, Aj Enterprises, Empire Industries Ltd., Delta Enterprises
Exporters Of Coupling Agents: Kamlesh Enterprises, AB Enterprises, Organo Chem, Newgen Specialty Plastics Ltd., Jeevilka Sparck Chem Pvt Ltd, Shree Mahalaxmi Chemicals, Allen Petro Chemicals Pvt Ltd, Supreme Silicones, Vinay Trading Company, KCC Corporation, Synergy Poly Additives, Wang Chemical Pvt Ltd, Aquent Impex India Pvt Ltd, Silink Chemicals Pvt Ltd, Labdhi Chemicals, Indian Toners Developers Ltd
Importers Of Compatibilizers: Mukul Co, Johnson Johnson Limited, Master Auto Spares, Dalmia polymers llp
Raw Material Suppliers: Meru Chempro Pvt Ltd, Machino polymers pvt ltd, Abrelin Polymers, Shri Shakti Enterprises, Kanoria Chembond Pvt Ltd, Maitreya Chemicals, Swagath Urethane Pvt Ltd, Arkema, Anatres Chem Pvt Ltd, Riveni Chemicals
For more information on the research report, refer to below link:-
https://www.kenresearch.com/india-coupling-agents-compatibilizers-market.html
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