Top 10 Polymer Manufacturers in India
A polymer is a large molecule composed of repeated subunits, known as monomers. Polymers are an outcome of a process called polymer synthesis. These materials are used in everyday life in the form of plastics, petrochemicals and bio-based feedstocks, making for an industry worth ₹3.65 lakh crore with a CAGR projected at over 6.6%. This growth is responsible for the surge in demand, especially in sectors such as packaging, automotive, infrastructure and FMCG.
In this blog, we will explore different manufacturers based on production capacity and impact on the polymer industry.
Reliance Industries Ltd. (RIL)
Reliance Industries has the world’s largest single-site refinery complex. It has a crude refining capacity of 1.4 million barrels per day. With state-of-the-art petrochemicals and polymers manufacturing units, the company leads the Indian polymer market. The company is headquartered in Mumbai and was founded in 1966. Reliance Industries is headquartered in Mumbai. It is one of India’s largest conglomerates, serving a diverse range of industries, including the polymer and oil and gas industries.
Indian Oil Corporation Ltd. (IOCL)
Established in 1959, Indian Oil Corporation is one of the country’s largest government-owned oil producers. The company has a refining capacity of 80.55 MMTPA and a strong polymer sector presence. Spanning the full hydrocarbon value chain—from refining to renewables —it employs over 31,600 people and is ranked 94th in the 2022 Fortune Global 500.
GAIL (India) Ltd.
GAIL was established in 1984 and operates around 13,700 km of natural gas pipelines. The company is a leading petrochemical offering company with its main manufacturing unit in Pata, Uttar Pradesh. Its nameplate capacity is 210,000 MT/year. GAIL markets these products under the brand names G-Lex and G-Len.
Supreme Industries Ltd.
Supreme Industries was established in 1942 and is headquartered in Mumbai. The company’s offerings include a wide range of industrial commodities and engineering polymers, including Polypropylene (PP), Polyvinyl Chloride (PVC) and Polystyrene (PS). It has EPE and PEX using foam and protective packaging solutions.
Produces industrial and engineering moulded furniture, packaging films, PVC pipes and fittings, expanded polyethene foam, and disposable EPS containers. Headquartered in Mumbai, with a diversified product portfolio serving multiple sectors.
Astral Ltd.
Astral Ltd is a leading pipes and water management company in India, offering a diverse range of polymer products including CPVC, PVC and uPVC. The company’s total installed capacity in pipes and tanks is 334,040 MTPA, with its manufacturing units across the country, including Gujarat, Rajasthan, Tamil Nadu, Maharashtra, Assam and Uttarakhand.
Jindal Poly Films Ltd.
Jindal Poly Films' flagship manufacturing plant in Nashik, recognised as the world’s largest single-location plant for the production of polyester (BOPET) and polypropylene (BOPP/OPP) films. The company has a distribution network of 40 countries, with a 95% market presence. Apart from having a significant market presence, a massive coating capacity and metallising capacity are projected at 14,000 tons per year and 71,610 tonnes per year.
Polyplex Corporation Ltd.
Polyplex Corporation Ltd. is a leading polyester film producer with its presence in diverse sectors, including packaging and electrical. It has a global footprint with manufacturing units in several countries. The company prioritizes innovation and sustainability in polyester film production.
SRF Ltd.
SRF Ltd is engaged in manufacturing chemicals, technical textiles and packaging films with a diversified business model in place. The company serves the automotive, agricultural and industrial sectors. The company has a strong emphasis on R&D and product innovation. The company has international manufacturing units in Thailand, South Africa and Hungary.
Plastiblends India Ltd.
Plastiblends India is a leading manufacturer in the automotive, electrical and consumer goods industries. It focuses on customised polymer solutions and technical expertise. The company has a growing presence in high-performance engineering plastics.
Kingfa Science & Technology India Ltd.
Kingfa Science specializes in polymer products and composites. The focus of the company is on advanced materials for automotive and industrial applications. Kingfa emphasises research and development to enhance product performance.
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