The India Color Resist Materials Market was valued at USD 123 million in 2024 and is projected to reach USD 189 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2024–2030). This expansion reflects surging demand across smartphone, television, and automotive display sectors, combined with technological breakthroughs in OLED and microLED production capabilities.
As manufacturers push display resolution boundaries while optimizing energy efficiency, color resist materials—the essential components behind vibrant, accurate colors in LCD and OLED panels—are becoming increasingly strategic. This analysis profiles the Top 10 Companies leading India’s color resist materials sector through technical innovation and market leadership.
🔟 1. Atul Ltd
Headquarters: Valsad, Gujarat, India
Key Offering: High-Purity Pigment Dispersions, LCD Color Resists
A leader in India’s specialty chemicals industry, Atul Ltd delivers advanced color resist formulations through its state-of-the-art Vatva production facility, serving major display panel manufacturers nationwide.
Technology Leadership:
- Pioneering nano-dispersion technology for superior color accuracy
- Strategic partnerships with Japanese material science firms
- Dedicated R&D facility for next-generation photoresist development
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India Color Resist Materials Market – View in Detailed Research Report
9️⃣ 2. Pidilite Industries
Headquarters: Mumbai, Maharashtra, India
Key Offering: Organic Pigment Solutions, Advanced Resist Formulations
Pidilite brings decades of chemical expertise to the display materials sector, supplying critical pigment intermediates and developing next-gen resist materials for flexible and foldable screens.
Technology Leadership:
- Breakthrough UV-curable resist systems
- Collaborative R&D with IIT Bombay on nano-scale pigments
8️⃣ 3. Bodal Chemicals Ltd
Headquarters: Ahmedabad, Gujarat, India
Key Offering: Display-Grade Dyes & Pigments
Bodal Chemicals operates certified production facilities manufacturing high-performance pigments that meet stringent display industry specifications for purity and consistency.
Technology Leadership:
- Sustainable synthesis processes with reduced environmental impact
- Expanding into quantum dot enhancement materials
7️⃣ 4. Asahi Songwon Colors Ltd
Headquarters: Ahmedabad, Gujarat, India
Key Offering: Premium Phthalocyanine Pigments
This joint venture combines Japanese color technology with Indian manufacturing capabilities to supply critical materials for high-resolution 8K displays.
Technology Leadership:
- Patented blue and green pigment formulations
- Japanese-quality production standards implemented locally
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India Color Resist Materials Market – View in Detailed Research Report
6️⃣ 5. Clariant Chemicals India Ltd
Headquarters: Mumbai, Maharashtra, India
Key Offering: Hostasol® Performance Pigments
Clariant’s Indian operations adapt global pigment technologies for local display manufacturers, enabling wider color gamuts in premium devices.
Technology Leadership:
- Heavy metal-free pigment solutions
- Full compliance with international environmental standards
5️⃣ 6. BASF India Ltd
Headquarters: Mumbai, Maharashtra, India
Key Offering: Irgazin® & Lumogen® Colorants
BASF supports India’s display ecosystem with its comprehensive pigment portfolio and localized technical expertise for panel manufacturers.
Technology Leadership:
- Specialized materials for transparent OLED electrodes
- Formulations for bendable display applications
4️⃣ 7. Akzo Nobel India Ltd
Headquarters: Gurugram, Haryana, India
Key Offering: Complete Color Solutions
From pigment development to final resist formulation, Akzo Nobel provides end-to-end solutions through its Bengaluru-based R&D center focused on display innovation.
Technology Leadership:
- Low-energy consumption pigment technologies
- Eco-friendly water-based resist systems
3️⃣ 8. Meghmani Organics Ltd
Headquarters: Ahmedabad, Gujarat, India
Key Offering: Phthalocyanine Colorants
A key supplier of essential blue and green pigments, Meghmani Organics meets pharmaceutical-level purity standards demanded by high-end display applications.
Technology Leadership:
- Enhanced transparency pigment grades
- Diversification into display component monomers
2️⃣ 9. Kiri Industries Ltd
Headquarters: Ahmedabad, Gujarat, India
Key Offering: Advanced Dye Chemistry
Kiri Industries’ sophisticated dye solutions enable precise color filtration in displays, with automated production ensuring batch-to-batch consistency.
Technology Leadership:
- Narrow-band spectral emission dyes
- High thermal stability formulations
1️⃣ 10. DIC India Ltd
Headquarters: Mumbai, Maharashtra, India
Key Offering: Comprehensive Color Resist Systems
As the Indian subsidiary of Japan’s DIC Corporation, this company delivers cutting-edge pigmentation technologies adapted for local manufacturing conditions.
Technology Leadership:
- Specialized resists for emerging microLED displays
- Energy-efficient low-temperature curing systems
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India Color Resist Materials Market – View in Detailed Research Report
🔮 Future Outlook: Display Technology Evolution
The Indian color resist materials market stands at an inflection point, with manufacturers preparing for several transformative shifts:
📈 Critical Industry Trends:
- Accelerated transition from LCD to OLED production lines
- Materials enabling ultra-high 1000+ PPI pixel densities
- Development of sustainable, environmentally benign formulations
- Integration of quantum dot and nanoscale technologies
Get Full Report Here:
India Color Resist Materials Market – View in Detailed Research Report
These industry leaders are not merely supplying materials—they’re enabling India’s emergence as a global hub for advanced display technology innovation.