Dai-Ichi

Name

Dai-Ichi

Legal name

Dai-ichi Karkaria Ltd.

Website

https://dai-ichiindia.com

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Chemical Manufacturing (325), Other Chemical Product and Preparation Manufacturing (3259)

SIC

Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)

akta.pro primary industry

Specialty Surfactants & Performance Additives (IMAEABAL)

akta.pro secondary industry

Oilfield & Refining Specialty Chemicals (IMAEABAI)

Keywords

• Specialty chemicals manufacturing
• Agrochemical surfactants
• Oilfield production chemicals
• Construction chemical additives
• Polyacrylamide flocculants

Headquarters

HQ city

Chigasaki

HQ country

Japan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Specialty Chemicals Manufacturing and Sales: Dai-ichi develops and manufactures high-performance specialty chemicals for diverse industrial applications including agrochemicals, construction, water treatment, home and personal care, oilfield, paints and coatings, and textiles. The company generates revenue through direct B2B sales of formulated specialty chemicals and provides technical support to customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Dai-ichi Karkaria Ltd. is a specialty chemicals manufacturer producing and selling a diversified portfolio of industrial chemicals — including surfactants, polymers, flocculants, and additives — across seven end-market product lines: agrochemicals, construction chemicals, flocculants (polyacrylamides), home & personal care ingredients, oilfield chemicals, paints & coatings additives, and textile auxiliaries. The company manufactures these products at three plants in India (Dahej, Kurkumbh, and Jejuri) and sells them primarily on a one-time license/sales basis to industrial B2B customers, including a joint venture with ChampionX serving the upstream oil and gas sector.

Product overview

Dai-ichi Karkaria Ltd. is a specialty chemical manufacturer offering a diverse portfolio of high-performance specialty chemicals across seven product lines: Agrochemicals (surfactants for crop protection formulations), Construction Chemicals (cement and concrete additives), Flocculants (polyacrylamide water treatment polymers), Home & Personal Care Ingredients (surfactants and functional additives), Oilfield Chemicals (upstream and downstream production chemicals), Paints & Coatings Chemicals (emulsifiers and dispersants), and Textile Auxiliaries (processing chemicals for fiber and fabric manufacturing). The company operates manufacturing plants in Dahej, Gujarat and Kurkumbh, Maharashtra, with reaction capabilities including alkoxylation, esterification, polymerization, sulfonation, quaternization, and phosphorylation. Dai-ichi also maintains a joint venture ChampionX Dai-ichi India for oilfield chemical solutions.

Differentiator

Problem solved

Functional benefit

Brands

• ChampionX Dai-ichi India: Joint venture between Dai-ichi Karkaria Ltd. and Champion Technologies, providing oil field chemical market services and supplies in India, serving upstream oil and gas operations including deepwater, heavy oil, oil mining, shale oil and gas, and coal bed methane.
• NOIGEN
• NETACRYL
• Daitrolite SB 2030

Products and services

• Agrochemicals

Quantifiable outcome

• First demulsifier developed in India for ONGC in 1967
• +3 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered flagship, minor, major and core.

• ChampionX Dai-ichi India (CXDI)flagshipStrategic or Co-development Partner · 1 January 2010Joint venture established in 2010 between Dai-ichi Karkaria Ltd. and Champion Technologies (now ChampionX). In 2013, Champion Technologies was acquired by Nalco, an Ecolab company, and the JV was renamed Nalco Champion Dai-ichi India. In 2021, it was renamed ChampionX Dai-ichi India (CXDI). CXDI services and supplies the oil field chemical market in India, with experience in traditional and non-conventional oil and gas production including deepwater, heavy oil, shale oil and gas, and coal bed methane.
• GVK Biosciences / InogentminorStrategic or Co-development Partner · 1 January 2005Joint venture created in 2005 for pharma products with Inogent, in collaboration with GVK Biosciences. This JV was concluded in 2015.
• Baker Petrolite (now part of SLB)majorStrategic or Co-development Partner · 1 January 1991Joint venture established in 1991 with Baker Petrolite for the manufacture of oil field chemicals. In 2008, Dai-ichi acquired 40% stake of Baker Production Services (UK), making it a wholly owned subsidiary.
• Matsumoto Yushi-Seiyaku Co. Ltd.coreTechnology or Integration · 1 January 1981Technical collaboration since 1981 with Matsumoto Yushi-Seiyaku of Japan for sizing agents and spin finishes. Matsumoto is one of the leading manufacturers of textile chemicals, with over 60% of their production being textile chemicals. The collaboration enabled Dai-ichi to indigenously manufacture a range of textile auxiliaries for dry and wet processing, positioning them as a leading supplier of spin finishes and sizing agents for polyester filament yarn.
• Dai-ichi Kogyo Seiyaku Co. Ltd. (DKS)coreTechnology or Integration · 1 January 1963Technical collaboration since 1963 with Japan's Dai-ichi Kogyo Seiyaku Co. Ltd., who provided initial surfactant technology. More recently, DKS supplied photo polymerization technology for the manufacture of polyether polyols and polyacrylamides at the Kurkumbh plant. DKS exports high-quality products to over 40 countries.

Scale indicators4 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Galaxy Surfactants: Indian-listed specialty surfactant manufacturer focused on personal care, home care, and performance chemicals with global customers. Most directly comparable to Dai-ichi's specialty surfactants portfolio and alkoxylation chemistry base.
• India Glycols: Indian specialty chemicals and performance chemicals producer with ethylene oxide derivative capability. Comparable on EO/PO alkoxylation chemistry and downstream surfactant production.
• Atul Ltd: Diversified Indian specialty chemicals and intermediates company with operations across multiple chemical verticals including agro and performance chemicals. Comparable diversified-portfolio Indian specialty chemicals peer with public listing.
• Aarti Industries: Large Indian specialty chemicals manufacturer producing surfactants, agrochemical intermediates, and performance chemicals across multiple B2B verticals. Highly comparable to Dai-ichi on customer base (agro, paints, personal care) and India-centric manufacturing footprint, though materially larger in scale.
• Bodal Chemicals: Indian manufacturer of dyestuffs, dye intermediates, and specialty chemicals serving textiles, leather, and chemicals verticals. Comparable as an Indian specialty chemicals player with a strong textile auxiliaries adjacency to Dai-ichi's sizing and finishing line.
• Fine Organic Industries: Indian specialty additives and oleochemicals producer serving food, plastics, personal care, and coatings. Comparable as a domestic specialty chemicals manufacturer with broad vertical coverage and B2B direct sales model.

Broad incumbents

• Clariant (India): Indian arm of global specialty chemicals major with broad portfolio across personal care, paints, oilfield services, and industrial chemicals. Comparable on end-markets and product categories though substantially larger and globally integrated.
• Pidilite Industries: Large Indian specialty chemicals incumbent (Fevicol brand) with extensive adhesives, construction chemicals, and coatings adjacencies. Comparable as a domestic specialty chemicals incumbent with overlapping construction chemicals and paints & coatings coverage.
• Croda International: Global specialty chemicals company focused on personal care, life sciences, and performance technologies including surfactants and emulsifiers. Comparable on specialty surfactant technology base and target end-markets despite much greater global scale.
• BASF India: Indian subsidiary of global chemicals major BASF with broad specialty chemicals and performance chemicals exposure across agro, construction, automotive, and personal care. Comparable on vertical coverage and customer overlap, but at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Daiichi_India
• LinkedInlinkedin.com/company/dai-ichi-india
• Instagraminstagram.com/daiichiindia

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Dai-Ichi