The India aliphatic hydrocarbons market size reached USD 135.68 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 203.85 Million by 2033, exhibiting a growth rate (CAGR) of 4.63% during 2025-2033. The rising product demand in paint & coatings, adhesives, and chemical processing industries, increasing petrochemical production, and stricter environmental regulations promoting the adoption of low-VOC and eco-friendly aliphatic hydrocarbon solutions are strengthening the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 135.68 Million |
Market Forecast in 2033 | USD 203.85 Million |
Market Growth Rate 2025-2033 | 4.63% |
Expansion of the Paints and Coatings Industry
The paints and coatings sector in India is undergoing rapid growth, substantially fueling the demand for aliphatic hydrocarbons, which are essential solvents in these products. In 2023, the Indian paints and coatings market was valued at approximately USD 610.3 Million. Projections indicate that the market will grow at a CAGR of 8.70% from 2024 to 2032, reaching around USD 1,326.8 Million by 2032. This growth is driven by increased construction activities and rising consumer spending on home decor. Besides this, rapid urbanization along with expanding infrastructure development is acting as another significant growth-inducing factor. India’s urban population is projected to reach around 600 million by 2031, driving increased demand for residential and commercial infrastructure. This urban expansion directly correlates with increased consumption of paints and coatings, subsequently driving the demand for aliphatic hydrocarbons. Moreover, the automotive sector, a significant consumer of industrial coatings, produced over 4.5 million vehicles in 2023, marking a 7% increase from the previous year. The growing automotive production amplifies the need for aliphatic hydrocarbons used in various coating applications, thus creating a positive outlook for market expansion.
Advancements in Oil and Gas Exploration
Recent policy reforms and investments in India's oil and gas sector are enhancing the domestic production of aliphatic hydrocarbons, reducing dependency on imports, and stabilizing supply chains. In March 2025, India approved new legislation to boost oil and gas exploration, aiming to attract more investments by stabilizing policies and allowing international arbitration. This move is expected to enhance domestic production of hydrocarbons. In addition to this, Bharat Petroleum Corporation Limited (BPCL) announced a USD 11 Billion refinery and petrochemical project in Andhra Pradesh, aiming to establish a refinery with a minimum capacity of nine million metric tons per year. This project is expected to bolster the production of aliphatic hydrocarbons. Moreover, in February 2025, TotalEnergies entered into a 10-year agreement to supply Gujarat State Petroleum Corporation (GSPC) with 400,000 metric tons of liquefied natural gas (LNG) annually, beginning in 2026. This partnership aims to support India's growing energy needs and enhance the availability of hydrocarbons for various industrial applications. These developments are strengthening the domestic production and availability of aliphatic hydrocarbons, thereby contributing to the market expansion.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product and application.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes saturated and unsaturated.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes paints & coatings, adhesives & sealant, polymer & rubber, surfactant, dyes, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | Saturated, Unsaturated |
Applications Covered | Paints & Coatings, Adhesives & Sealant, Polymer & Rubber, Surfactant, Dyes, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |