India Petrochemical Antioxidants Market Report by Product Type, End Use 2025-2033

PUBLISHED: September 1, 2025

PAGES: 119 Pages

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The India petrochemical antioxidants market size reached 16.6 Million Metric Tons in 2024. Looking forward, IMARC Group expects the market to reach 26.5 Million Metric Tons by 2033, exhibiting a growth rate (CAGR) of 5.06% during 2025-2033.

Petrochemical antioxidants refer to a group of chemicals that are added to fuels and lubricants to prevent oxidation. Some of the common product variants include antioxidant 1010, antioxidant 168, and antioxidant 1076. Petrochemical antioxidants are primarily used to mitigate oxidative degradation that may lead to gum formation, discoloration, and reduced adhesion in gasoline, polymers, and resins, respectively. In India, these antioxidants are widely adopted across diverse industries, such as oil and gas, automotive, paints and coatings, etc.

The increasing utilization of petrochemical antioxidants in the production of numerous essential chemicals, such as polyethylene, polypropylene, polyvinyl chloride, etc., is driving the market growth in the country. These chemicals are extensively used for various applications, including polymer formation, rubber processing, oil refining, etc. Moreover, the rising demand for natural and synthetic tackifier resins is also propelling the usage of petrochemical antioxidants for maintaining their adhesive properties. Apart from this, the growing adoption of petrochemical antioxidants for preventing thermo-oxidative degradation in carbon-based substrates is further augmenting the market growth in India. Moreover, the expanding oil and gas industry in the country is also bolstering the need for high-grade additives, such as petrochemical antioxidants, to control fouling of various production and processing equipment. In line with this, the rising usage of gasoline and jet fuel across the automotive and aviation sectors is further catalyzing the demand for petrochemical antioxidants to provide better fuel stability and improved efficiency. Additionally, the emergence of low-density polyethylene, which is used in mulch films, greenhouse film covers, netting, etc., will continue to drive the market for petrochemical antioxidants in India over the forecast period.

Key Market Segmentation:

Breakup by Product Type:

Antioxidant 1010
Antioxidant 168
Antioxidant 1076

Breakup by End Use:

Polyethylene
Polypropylene
Polyvinyl Chloride
Polystyrene
Acrylonitrile Butadiene Styrene
Plastic Compounding
Other Polymers

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Adeka India Pvt. Ltd (ADEKA Corporation), BASF India Limited (BASF SE), HPL Additives Limited, Lanya Chemical (India) Pvt. Ltd., SONGWON Specialty Chemicals India Pvt Ltd. and Veeral Additives Private Ltd.

Key Questions Answered in This Report:

How has the India petrochemical antioxidants market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the India petrochemical antioxidants market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the India petrochemical antioxidants industry?
What are the key driving factors and challenges in the India petrochemical antioxidants industry?
What is the structure of the India petrochemical antioxidants industry and who are the key players?
What is the degree of competition in the India petrochemical antioxidants industry?

Product Code: SR112025A3528

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 India Petrochemical Market

5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast

6 India Petrochemical Antioxidants Market

6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Market Forecast

7 India Antioxidant 1010 Market

7.1 Market Trends
7.2 Market Forecast
7.3 Market Breakup by End Use
- 7.3.1 Polyethylene
  - 7.3.1.1 Market Trends
  - 7.3.1.2 Market Forecast
- 7.3.2 Polypropylene
  - 7.3.2.1 Market Trends
  - 7.3.2.2 Market Forecast
- 7.3.3 Polyvinyl Chloride
  - 7.3.3.1 Market Trends
  - 7.3.3.2 Market Forecast
- 7.3.4 Polystyrene
  - 7.3.4.1 Market Trends
  - 7.3.4.2 Market Forecast
- 7.3.5 Acrylonitrile Butadiene Styrene
  - 7.3.5.1 Market Trends
  - 7.3.5.2 Market Forecast
- 7.3.6 Plastic Compounding
  - 7.3.6.1 Market Trends
  - 7.3.6.2 Market Forecast
- 7.3.7 Other Polymers
  - 7.3.7.1 Market Trends
  - 7.3.7.2 Market Forecast

8 India Antioxidant 168 Market

8.1 Market Trends
8.2 Market Forecast
8.3 Market Breakup by End Use
- 8.3.1 Polyethylene
  - 8.3.1.1 Market Trends
  - 8.3.1.2 Market Forecast
- 8.3.2 Polypropylene
  - 8.3.2.1 Market Trends
  - 8.3.2.2 Market Forecast
- 8.3.3 Polystyrene
  - 8.3.3.1 Market Trends
  - 8.3.3.2 Market Forecast
- 8.3.4 Acrylonitrile Butadiene Styrene
  - 8.3.4.1 Market Trends
  - 8.3.4.2 Market Forecast
- 8.3.5 Plastic Compounding
  - 8.3.5.1 Market Trends
  - 8.3.5.2 Market Forecast
- 8.3.6 Other Polymers
  - 8.3.6.1 Market Trends
  - 8.3.6.2 Market Forecast

9 India Antioxidant 1076 Market

9.1 Market Trends
9.2 Market Forecast
9.3 Market Breakup by End Use
- 9.3.1 Polyethylene
  - 9.3.1.1 Market Trends
  - 9.3.1.2 Market Forecast
- 9.3.2 Polypropylene
  - 9.3.2.1 Market Trends
  - 9.3.2.2 Market Forecast
- 9.3.3 Polyvinyl Chloride
  - 9.3.3.1 Market Trends
  - 9.3.3.2 Market Forecast
- 9.3.4 Polystyrene
  - 9.3.4.1 Market Trends
  - 9.3.4.2 Market Forecast
- 9.3.5 Acrylonitrile Butadiene Styrene
  - 9.3.5.1 Market Trends
  - 9.3.5.2 Market Forecast
- 9.3.6 Plastic Compounding
  - 9.3.6.1 Market Trends
  - 9.3.6.2 Market Forecast
- 9.3.7 Other Polymers
  - 9.3.7.1 Market Trends
  - 9.3.7.2 Market Forecast

10 SWOT Analysis

10.1 Overview
10.2 Strengths
10.3 Weakness
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porter's Five Forces Analysis

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Competitive Landscape

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
- 13.3.1 Adeka India Pvt. Ltd (ADEKA Corporation)
  - 13.3.1.1 Company Overview
  - 13.3.1.2 Product Portfolio
- 13.3.2 BASF India Limited (BASF SE)
  - 13.3.2.1 Company Overview
  - 13.3.2.2 Product Portfolio
- 13.3.3 HPL Additives Limited
  - 13.3.3.1 Company Overview
  - 13.3.3.2 Product Portfolio
- 13.3.4 Lanya Chemical (India) Pvt. Ltd.
  - 13.3.4.1 Company Overview
  - 13.3.4.2 Product Portfolio
- 13.3.5 SONGWON Specialty Chemicals India Pvt Ltd.
  - 13.3.5.1 Company Overview
  - 13.3.5.2 Product Portfolio
  - 13.3.5.3 Financials
- 13.3.6 Veeral Additives Private Ltd.
  - 13.3.6.1 Company Overview
  - 13.3.6.2 Product Portfolio

Product Code: SR112025A3528

List of Figures

Figure 1: India: Petrochemical Antioxidants Market: Major Drivers and Challenges
Figure 2: India: Petrochemical Market: Production Volume (in '000 Metric Tons) 2019-2024
Figure 3: India: Petrochemical Market: Production Breakup by Product Type (in %), 2024
Figure 4: India: Petrochemical Market Forecast: Production Volume (in '000 Metric Tons) 2025-2033
Figure 5: India: Petrochemical Antioxidants Market: Demand Volume (in Million Metric Tons), 2019-2024
Figure 6: India: Petrochemical Antioxidants Market: Breakup by Product Type (in %), 2024
Figure 7: India: Petrochemical Antioxidants Market: Breakup by End Use (in %), 2024
Figure 8: India: Petrochemical Antioxidants Market Forecast: Demand Volume (in Million Metric Tons), 2025-2033
Figure 9: India: Antioxidant 1010 Market: Demand Volume (in Metric Tons), 2019-2024
Figure 10: India: Antioxidant 1010 Market Forecast: Demand Volume (in Metric Tons), 2025-2033
Figure 11: India: Antioxidant 1010 Market: Breakup by End Use (in %), 2024
Figure 12: India: Antioxidant 1010 Market: Demand Volume in Polyethylene (in Metric Tons), 2019-2024
Figure 13: India: Antioxidant 1010 Market Forecast: Demand Volume in Polyethylene (in Metric Tons), 2025-2033
Figure 14: India: Antioxidant 1010 Market: Demand Volume in Polypropylene (in Metric Tons), 2019-2024
Figure 15: India: Antioxidant 1010 Market Forecast: Demand Volume in Polypropylene (in Metric Tons), 2025-2033
Figure 16: India: Antioxidant 1010 Market: Demand Volume in Polyvinyl Chloride (in Metric Tons), 2019-2024
Figure 17: India: Antioxidant 1010 Market Forecast: Demand Volume in Polyvinyl Chloride (in Metric Tons), 2025-2033
Figure 18: India: Antioxidant 1010 Market: Demand Volume in Polystyrene (in Metric Tons), 2019-2024
Figure 19: India: Antioxidant 1010 Market Forecast: Demand Volume in Polystyrene (in Metric Tons), 2025-2033
Figure 20: India: Antioxidant 1010 Market: Demand Volume in Acrylonitrile Butadiene Styrene (in Metric Tons), 2019-2024
Figure 21: India: Antioxidant 1010 Market Forecast: Demand Volume in Acrylonitrile Butadiene Styrene (in Metric Tons), 2025-2033
Figure 22: India: Antioxidant 1010 Market: Demand Volume in Plastic Compounding (in Metric Tons), 2019-2024
Figure 23: India: Antioxidant 1010 Market Forecast: Demand Volume in Plastic Compounding (in Metric Tons), 2025-2033
Figure 24: India: Antioxidant 1010 Market: Demand Volume in Other Polymers (in Metric Tons), 2019-2024
Figure 25: India: Antioxidant 1010 Market Forecast: Demand Volume in Other Polymers (in Metric Tons), 2025-2033
Figure 26: India: Antioxidant 168 Market: Demand Volume (in Metric Tons), 2019-2024
Figure 27: India: Antioxidant 168 Market Forecast: Demand Volume (in Metric Tons), 2025-2033
Figure 28: India: Antioxidant 168 Market: Breakup by End Use (in %), 2024
Figure 29: India: Antioxidant 168 Market: Demand Volume in Polyethylene (in Metric Tons), 2019-2024
Figure 30: India: Antioxidant 168 Market Forecast: Demand Volume in Polyethylene (in Metric Tons), 2025-2033
Figure 31: India: Antioxidant 168 Market: Demand Volume in Polypropylene (in Metric Tons), 2019-2024
Figure 32: India: Antioxidant 168 Market Forecast: Demand Volume in Polypropylene (in Metric Tons), 2025-2033
Figure 33: India: Antioxidant 168 Market: Demand Volume in Polystyrene (in Metric Tons), 2019-2024
Figure 34: India: Antioxidant 168 Market Forecast: Demand Volume in Polystyrene (in Metric Tons), 2025-2033
Figure 35: India: Antioxidant 168 Market: Demand Volume in Acrylonitrile Butadiene Styrene (in Metric Tons), 2019-2024
Figure 36: India: Antioxidant 168 Market Forecast: Demand Volume in Acrylonitrile Butadiene Styrene (in Metric Tons), 2025-2033
Figure 37: India: Antioxidant 168 Market: Demand Volume in Plastic Compounding (in Metric Tons), 2019-2024
Figure 38: India: Antioxidant 168 Market Forecast: Demand Volume in Plastic Compounding (in Metric Tons), 2025-2033
Figure 39: India: Antioxidant 168 Market: Demand Volume in Other Polymers (in Metric Tons), 2019-2024
Figure 40: India: Antioxidant 168 Market Forecast: Demand Volume in Other Polymers (in Metric Tons), 2025-2033
Figure 41: India: Antioxidant 1076 Market: Demand Volume (in Metric Tons), 2019-2024
Figure 42: India: Antioxidant 1076 Market Forecast: Demand Volume (in Metric Tons), 2025-2033
Figure 43: India: Antioxidant 1076 Market: Breakup by End Use (in %), 2024
Figure 44: India: Antioxidant 1076 Market: Demand Volume in Polyethylene (in Metric Tons), 2019-2024
Figure 45: India: Antioxidant 1076 Market Forecast: Demand Volume in Polyethylene (in Metric Tons), 2025-2033
Figure 46: India: Antioxidant 1076 Market: Demand Volume in Polypropylene (in Metric Tons), 2019-2024
Figure 47: India: Antioxidant 1076 Market Forecast: Demand Volume in Polypropylene (in Metric Tons), 2025-2033
Figure 48: India: Antioxidant 1076 Market: Demand Volume in Polyvinyl Chloride (in Metric Tons), 2019-2024
Figure 49: India: Antioxidant 1076 Market Forecast: Demand Volume in Polyvinyl Chloride (in Metric Tons), 2025-2033
Figure 50: India: Antioxidant 1076 Market: Demand Volume in Polystyrene (in Metric Tons), 2019-2024
Figure 51: India: Antioxidant 1076 Market Forecast: Demand Volume in Polystyrene (in Metric Tons), 2025-2033
Figure 52: India: Antioxidant 1076 Market: Demand Volume in Acrylonitrile Butadiene Styrene (in Metric Tons), 2019-2024
Figure 53: India: Antioxidant 1076 Market Forecast: Demand Volume in Acrylonitrile Butadiene Styrene (in Metric Tons), 2025-2033
Figure 54: India: Antioxidant 1076 Market: Demand Volume in Plastic Compounding (in Metric Tons), 2019-2024
Figure 55: India: Antioxidant 1076 Market Forecast: Demand Volume in Plastic Compounding (in Metric Tons), 2025-2033
Figure 56: India: Antioxidant 1076 Market: Demand Volume in Other Polymers (in Metric Tons), 2019-2024
Figure 57: India: Antioxidant 1076 Market Forecast: Demand Volume in Other Polymers (in Metric Tons), 2025-2033
Figure 58: India: Petrochemical Antioxidants Industry: SWOT Analysis
Figure 59: India: Petrochemical Antioxidants Industry: Value Chain Analysis
Figure 60: India: Petrochemical Antioxidants Industry: Porter's Five Forces Analysis

List of Tables

Table 1: India: Petrochemical Market: Key Industry Highlights, 2024 and 2033
Table 2: India: Petrochemical Antioxidants Market: Key Industry Highlights, 2024 and 2033
Table 3: India: Petrochemical Antioxidants Market: Competitive Structure
Table 4: India: Petrochemical Antioxidants Market: Key Players

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