Macro Polymers

What Macro Polymers does

Macro Polymers (legal entity: Macro Polymers Pvt. Ltd.) is a privately held Indian manufacturer of synthetic resins, founded in 1962 in Gujarat by the late Mr. Shirish Parikh and currently led by second-generation director Mr. Mayank S. Parikh with third-generation family member Parth Mayank Parikh joining the operating business. Headquartered at Moraiya, Sanand (Ahmedabad district), the company operates three production facilities in India with combined installed capacity of 60,000 metric tons per annum, and maintains a regional sales office in Ho Chi Minh City, Vietnam, to serve Southeast Asia.

The product portfolio spans alkyd, modified alkyd, acrylic (thermosetting, thermoplastic, high-solid, 2K, emulsion), polyester (including saturated), polyamide, butylated urea-formaldehyde, butylated melamine-formaldehyde, butylated phenol-formaldehyde, epoxy, epoxy ester, epoxy adduct, epoxy curing accelerator, ketonic, rosin-modified phenolic, maleic-modified rosin ester, and castor polyol resins. These chemistries are sold as raw-material inputs to industrial customers in paints and coatings (automotive, architectural, OEM, marine, coil, can, general industrial, road marking, paver block, wood coatings, refinish), printing inks (ketone-formaldehyde, ball-point pen pastes), wood coating lacquers (NC, melamine, 1K/2K PU), adhesives (industrial, laminates, flooring, construction), and specialty industrial applications. The technical foundation rests on a Government of India-recognized in-house R&D Centre and ISO 9001:2015 / ISO 14001:2015 / ISO 45001:2018 certifications, plus Government Two Star Export House status.

Commercially the company is a B2B direct-sales manufacturer and exporter with a horizontal segmentation approach across multiple downstream industries. Revenue is generated exclusively from physical sale of finished resins (no licensing, royalties, or software model). Pricing is negotiated contract-by-contract with no public price list. Exports span the Middle East, Africa, Asia, Southeast Asia, North America, and Australia, and the company is family-owned with no external equity investors and no parent company, though it discloses 101-250 employees across its Indian operations. No revenue figure is publicly disclosed.

Name

Macro Polymers

Legal name

Macro Polymers Pvt. Ltd.

Website

https://macropolymers.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

101–250 employees

Short description

Macro Polymers is a privately held Indian manufacturer (founded 1962) of synthetic resins — alkyd, acrylic, polyester, polyamide, epoxy, butylated MF/UF, and related chemistries — sold via direct B2B sales to coatings, printing ink, wood coating, and adhesive manufacturers in India and exported to the Middle East, Africa, Asia, Southeast Asia, North America, and Australia.

Ownership category

akta.pro rank

Product category

Synthetic Resins for Industrial Coatings, Inks and Adhesives

NAICS

Plastics Material and Resin Manufacturing (325211), Resin and Synthetic Rubber Manufacturing (32521), Custom Compounding of Purchased Resins (325991)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Industrial Organic Chemicals (2860)

akta.pro primary industry

Specialty Polymers & Resins (Engineered Materials) (IMAEABAK)

akta.pro secondary industries

Coating & Adhesive Raw Materials (Resins, Additives, Solvents) (IMAEAGAK), Thermoset & Reactive Resin Manufacturing (Epoxy, Polyester, Phenolic, Urethane systems) (IMANAAAC), Thermoset Resins (Epoxy, Phenolic, Unsaturated Polyester, PU resins) (IMAEANAE), Engineering Plastics & Performance Resins (PC, PA, POM, PBT, PMMA) (IMAEADAI)

Keywords

• Synthetic resin manufacturing
• Industrial coatings chemicals
• Alkyd acrylic polyester resins
• Printing ink resins
• Adhesive resin production

Headquarters

HQ city

Sanand

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Resin Product Sales: B2B manufacturing and sale of synthetic resins including Alkyd, Acrylic, Polyester, Polyamide, Butylated MF, Butylated UF, Modified Alkyd Resins and other specialty resins to coatings, printing inks, wood coating lacquers, and adhesive industries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Macro Polymers researches, develops, manufactures and exports synthetic resins — including alkyd, acrylic, polyester, polyamide, butylated melamine/urea formaldehyde, epoxy, epoxy ester, ketonic, rosin-modified phenolic and maleic modified rosin ester grades — supplied in bulk to manufacturers of paints, printing inks, wood coating lacquers and industrial adhesives, with an annual installed capacity of 60,000 MT across three Indian factories.

Product overview

Macro Polymers is a manufacturer of synthetic industrial resins offering a diverse portfolio of products that serve the paints, printing inks, wood coating lacquers, and adhesive industries. The product portfolio includes Butylated UF Resins, Butylated MF Resins, Acrylic Resins (thermosetting, thermoplastic, high solid, 2K, and emulsion variants), Modified Alkyd Resins (short, medium, and long oil length, water reducible, and emulsion types), Polyester Resins (including saturated polyester), Polyamide Resins, Epoxy Ester, Epoxy Resin, Rosin Modified Phenolic, Ketonic Resin, Maleic Modified Rosin Ester, Butylated PF Resin, Epoxy Adduct, Castrol Polyol, and Epoxy Curing Accelerator. These resin products are used across various industrial applications including automotive coatings, coil and can coatings, ink industry, marine coatings, architectural coatings, wood coatings, and adhesives. The company operates with 3 factories in India with a production capacity of 60,000 MT per annum.

Differentiator

Problem solved

Functional benefit

Products and services

• Butylated Urea Formaldehyde Resins Synthetic polyesters modified with oils providing flexibility, adhesion, and hydrocarbon solvent solubility; supplied in pale-coloured grades for industrial varnishes and NC base formulations used by paints and lacquers manufacturers.
• Butylated Melamine Formaldehyde Resins Melamine formaldehyde resins engineered for good exterior durability, chemical resistance, colour retention and scratch resistance in industrial and OEM coatings.
• Acrylic Resins Resins derived from acrylic monomers covering thermoplastic acrylic, thermosetting acrylic, high solid acrylic, 2K acrylic resin and acrylic emulsion grades for paints and coatings manufacturers.
• Modified Alkyd Resins Modified alkyd resin portfolio including short oil length, medium oil length, long oil length, rosinated alkyd, chain stopped alkyd, water reducible alkyd and alkyd emulsion grades, plus short oil oxidising acrylic modified alkyd with glycerol and pentaerythritol for can and industrial coatings.
• Polyester Resins Family of synthetic resins produced by reacting dibasic organic acids with polyhydric alcohols, including saturated polyester resin grades for general industrial coating applications.
• Polyamide Resins Resins synthesised via condensation of diamines with dicarboxylic acids, or by polymerisation of amino acids / lactams, supplied for industrial adhesive and coating formulations.
• Butylated Phenol Formaldehyde Resin Butylated phenol formaldehyde resin supplied for industrial coating applications.
• Epoxy Adduct Epoxy adduct resin supplied for coating and adhesive manufacturing applications.
• Castrol Polyol Castor oil-based polyol supplied for industrial coating formulation applications.
• Epoxy Curing Accelerator Accelerator additive for epoxy curing systems used in industrial coating applications.
• Epoxy Ester Epoxy ester resin supplied to industrial coatings manufacturers for paint and lacquer formulations.
• Epoxy Resin Epoxy resin supplied for industrial coating applications including marine and protective coatings.
• Rosin Modified Phenolic Resin Rosin modified phenolic resin supplied for industrial coating applications.
• Ketonic Resin Ketone formaldehyde resin supplied for nitro-cellulose paints, ball-point pen pastes and related industrial applications.
• Maleic Modified Rosin Ester Maleic modified rosin ester resin supplied for industrial adhesive and coating applications.

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Atul Ltd: Diversified Indian specialty chemicals manufacturer producing resins, intermediates, and performance chemicals for coatings, adhesives, and inks — directly comparable domestic peer with overlapping resin chemistries and Indian manufacturing footprint.
• DIC Corporation: Japan-based global manufacturer of printing inks, pigments, and specialty resins including alkyd and acrylic systems — overlaps directly with Macro Polymers' printing ink resin and coating resin offerings.
• Allnex: Global leader in coating resins and additives, producing alkyd, acrylic, polyester, epoxy and amino resins for industrial coatings, printing inks, and adhesives — directly comparable product portfolio and end-markets to Macro Polymers, but at significantly larger global scale.
• Aditya Birla Chemicals (Grasim Industries): Indian-headquartered specialty chemicals producer with epoxy resins, advanced materials, and a coatings value chain — competing head-to-head with Macro Polymers in India and select export markets on similar resin chemistries.
• Polynt-Reichhold: Specialty manufacturer of unsaturated polyester resins, coating resins, and intermediates used in composites, coatings, and adhesives — overlaps with Macro Polymers' polyester, alkyd, and specialty resin lines serving industrial customers.

Broad incumbents

• Covestro AG: Major producer of high-performance polymers, polyurethanes, and coating raw materials, including acrylic and polyester resins for industrial coatings — overlapping product lines with Macro Polymers but serving broader, more diversified end-markets.
• Arkema SA: French specialty chemicals group with coating solutions, adhesive solutions, and advanced materials businesses — competing in acrylics, alkyds, and specialty resins for industrial coatings and adhesives end-markets.
• Stepan Company: US-listed specialty chemicals manufacturer producing polyester resins, alkyd resins, and other polymers for coatings, adhesives, and inks — directly comparable resin chemistries sold into the same downstream applications.
• BASF SE: Global chemical major with a broad resins and coatings raw materials portfolio (acrylics, polyesters, epoxies, alkyds) sold to industrial coatings and inks customers — overlapping products but with vastly greater scale and R&D resources.
• Evonik Industries: German specialty chemicals company with coating additives, specialty resins, and silica products for the paints, coatings, and inks industries — overlapping customer base and adjacent specialty raw material offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Macro Polymers