India BMC Material Market Overview: Growth Driven by Safety and Infrastructure
In India, the demand for BMC is primarily concentrated in areas with strict requirements for dielectric strength, heat resistance, and dimensional stability. With the Indian government promoting "Smart Cities" and "Electrification" projects, and the automotive industry accelerating lightweighting trends, BMC materials are increasingly becoming the preferred alternative to traditional metals and thermoplastics.
Key application areas for BMC materials:
- Electrical Industry: Circuit breakers, switchgear, meter boxes, terminal blocks.
- Automotive Manufacturing: Under-the-hood components (like ignition coils, reflectors), headlight reflectors.
- Railway and Transportation: Track insulation components, interior panels, high-strength structural parts.
List of Leading BMC Manufacturers in India 2025
The following are the main players in BMC manufacturers:
| Company Name | Headquarters |
| 1. Permali Wallace Pvt Ltd | Bhopal |
| 2. Shriram Polytech Ltd | Gurugram |
| 3. Devi Polymers Pvt Ltd | Chennai |
| 4. Amod Industries (Amod Group) | Mumbai |
| 5. Amalgamated Industrial Composites Pvt Ltd (AIC) | Nashik |
| 6. Kemrock Industries and Exports Ltd | Vadodara |
| 7. SPF Composites Pvt Ltd | Nashik |
| 8. Shubhada Polymers; | Mumbai |
| 9. Huayuan Advanced Materials (India Distribution) | Ningbo |
| 10. Prazastinav Composites | Gujarat |
1. Permali Wallace Pvt Ltd
Company Profile:
Permali Wallace Pvt Ltd is one of India’s longest-established and most recognized manufacturers in the composites and thermoset molding sector. Founded in 1961, the company specializes in high-performance thermoset materials, including premium-grade DMC and BMC compounds used in critical electrical and industrial applications. Permali is a key supplier to the railway, switchgear, aerospace, and defense industries, offering customized molding compounds and precision-engineered composite components that meet stringent mechanical and dielectric requirements. With decades of innovation, strong process control, and deep expertise in insulation materials, Permali Wallace continues to be a trusted partner for mission-critical composite solutions.
Established: 1961
Headquarters: Bhopal, Madhya Pradesh, India
Main Product:
- Sheet Moulding Compound (SMC)
- Bulk Moulding Compound (DMC/BMC)
- Laminates and Insulating Materials
- High-performance Moulded Composite Components
2. Shriram Polytech Ltd
Company Profile:
Shriram Polytech Ltd is a prominent player in India’s composites landscape, focusing on both thermoset and thermoplastic material technologies. The company’s BMC formulations are engineered to meet global automotive standards, offering high strength, dimensional stability, and superior moldability. Its materials are widely used in automobile structural parts, interior systems, and durable household appliance enclosures. The company emphasizes R&D and tailored composite solutions for OEMs.
Established: 1990
Headquarters: Gurugram, Haryana, India
Main Products:
- Sheet Moulding Compound (SMC)
- Bulk Moulding Compound (DMC/BMC)
- Custom color and performance composite formulations
3. Devi Polymers Pvt Ltd
Company Profile:
Devi Polymers is a leading manufacturer of thermoset molding materials and molded components, with strong capabilities in BMC, DMC, and SMC production. Known for consistency and process reliability, the company supplies materials used in electrical insulation, lighting, automotive components, and EV-related applications. Its manufacturing excellence and long-standing customer relationships have made it one of the most influential players in India’s composite materials market.
Established: 1979
Headquarters: Chennai, India
Main Product:
- BMC/DMC compounds
- SMC compounds
- Precision molded thermoset components
- Electrical insulation composites
4. Amod Industries (Amod Group)
Company Profile:
Amod Industries is recognized for its engineered BMC and unsaturated polyester resin–based compounds. The company specializes in customized formulations tailored to mechanical, thermal, or flow requirements of end-use industries. Its materials support electrical housings, sanitary hardware, industrial equipment, and lightweight structural components. With strong technical expertise, Amod serves a wide range of OEMs and molding houses.
Established: 2008
Headquarters: Mumbai, India
Main Products:
- Bulk Moulding Compound (BMC)
- Sheet Moulding Compound (SMC)
- Specialty polyester resin blends
- Custom composite material formulations
5. Amalgamated Industrial Composites Pvt Ltd (AIC)
Company Profile:
AIC is a specialized manufacturer of engineered composite materials, including high-performance BMC designed for stringent electrical and industrial applications. The company emphasizes precision molding characteristics, dielectric performance, and structural reliability. AIC is a preferred supplier for automotive, switchgear, and engineered equipment manufacturers requiring tailor-made composite solutions.
Established: 2001
Headquarters: Nashik, Maharashtra, India
Main Product:
- BMC/DMC compounds
- Specialty molding compounds
- Electrical-grade composites
- Custom high-strength thermoset materials
6. Kemrock Industries and Exports Ltd
Company Profile:
Kemrock Industries—later acquired by Reliance Industries—was one of India’s prominent composite manufacturers, specializing in glass-fiber-reinforced thermoset materials such as FRP and GRP. Although the company was best known for structural composite products, its manufacturing capabilities and technological expertise positioned it among the advanced thermoset processors related to SMC/BMC-type materials in the Indian market.
Established: 1981
Headquarters: Vadodara, Gujarat, India
Main Products:
- Fiber-reinforced plastics (FRP)
- Glass-reinforced plastics (GRP)
- Composite structural components
7. SPF Composites Pvt Ltd
Company Profile:
SPF Composites specializes in BMC manufacturing for electrical and industrial molding applications. The company focuses on compound consistency, flow characteristics, and high dielectric strength, making its materials suitable for components such as lighting housings, appliance parts, and switchgear accessories. SPF supports both large-scale and specialty molding operations.
Established: 1992
Headquarters: Nashik, Maharashtra, India
Service:
- Bulk Moulding Compound (BMC/DMC)
- Specialty electrical composites
- Molded thermoset parts
- Custom BMC grades
8. Shubhada Polymers
Company Profile:
Shubhada Polymers produces BMC and a range of thermoset molding compounds for electrical, industrial, and consumer product applications. The company is known for delivering stable, mold-ready BMC materials with reliable mechanical and thermal performance. Its products are used in junction boxes, appliance housings, and precision-molded hardware.
Established: 1995
Headquarters: Mumbai, India
Product:
- BMC/DMC compounds
- Thermoset molded components
- Industrial composite materials
- Customized BMC formulations
9. Huayuan Advanced Materials
Company Profile:
Huayuan Advanced Materials Co., Ltd. (HAMC) is a professional and active leader focusing on formulating, compounding, and molding of thermosetting composites materials and products. HAMC has been working with industry equipment, electrical, telecom, automotive, train, fast transit, home appliance and construction for over 26 years globally.
Established: 2000
Headquarters: Ningbo, China
Service:
- Sheet Molding Compound (SMC)
- Bulk Molding Compound (BMC) material formulation
- product design support
- tooling design & mfg
10. Prazastinav Composites
Company Profile:
Prazastinav Composites is a growing Indian manufacturer focusing on BMC/DMC and thermoset molding compounds for mainstream electrical and industrial applications. The company develops reliable and cost-effective BMC formulations suited for molded utility products, appliance components, and general-purpose electrical housings. It supports small to mid-scale OEMs with flexible production capability.
Established: 2010
Headquarters: Gujarat, India
Main Products:
-
Bulk Moulding Compound (BMC/DMC)
-
Thermoset composite materials
-
Industrial molded components
-
Custom BMC variants
Summary
India’s BMC manufacturing sector has evolved into a robust ecosystem driven by automotive growth, electrical infrastructure expansion, and increasing substitution of metals with lightweight composites. The top manufacturers listed in this report represent a diverse mix of legacy companies with decades of experience and newer, innovation-focused players specializing in custom formulations.
Across the industry, several trends stand out:
-
Increased automotive adoption: EV components, structural panels, and heat-resistant enclosures are strengthening demand for high-performance BMC materials.
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Growing electrical & switchgear sector needs: Insulation-grade BMC/DMC remains a critical requirement for industrial safety and reliability.
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Shift toward customized formulations: Many manufacturers now focus on tailored composite solutions optimized for strength, flow, color, and thermal performance.
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R&D-driven differentiation: Companies with strong formulation expertise and application engineering capabilities are emerging as category leaders.
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Junction Boxes and Supports: SMC offers a long lifespan compared to traditional plastics or metal in outdoor environments.
Overall, India’s BMC market continues to expand steadily, supported by technology improvements, rising domestic manufacturing demand, and the increasing adoption of composite materials across multiple sectors. The companies profiled here are at the forefront of this growth, shaping the standards and capabilities of the nation’s composite materials industry.
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