Top Indium Tin Oxide Companies in India | Manufacturers 2025

Top Indium Tin Oxide Companies in India

India's economy has seen immense growth in recent years, and this growth has extended to numerous industries. One such market is the indium tin oxide (ITO) market, which has witnessed prominent contributions from key players in driving its growth.

Indium tin oxide is a transparent conducting material that is used in various applications like touch screens, LCDs, solar panels, and others. India's growing consumer electronics market and increasing demand for renewable energy have created a favorable environment for the ITO market to thrive.

The contribution of key players in the India Indium Tin Oxide Industry can be seen through their constant efforts towards innovation and research and development. Players are continuously working towards improving the quality of ITO materials and expanding its applications to meet the changing market demands.

Moreover, key players have also been actively engaging in partnerships and collaborations with other companies, both domestic and international, to enhance their market presence. This has not only helped in boosting their sales but has also led to technological advancements and product diversification. According to 6Wresearch, India Indium Tin Oxide Market size is projected to rise at a CAGR of 5.8% during 2025-2031.

List of Leading Companies in the Indium Tin Oxide Market

1. Umicore India Pvt. Ltd.

Umicore India Pvt. Ltd. is a subsidiary of the Belgium-based global materials technology group, Umicore. The company offers a wide range of ITO powders and sputtering targets for various applications in industries such as electronics, automotive, and renewable energy.

2. Indium Corporation India Pvt. Ltd.

Indium Corporation India Pvt. Ltd is a subsidiary of the US-based company, Indium Corporation, which specializes in advanced fluxes, alloys, and soldering materials. The company's ITO products are widely used in consumer electronics and touchscreens.

3. American Elements Corp. India Pvt. Ltd.

American Elements Corp. India Pvt. Ltd. is a subsidiary of the US-based global manufacturer and distributor of advanced materials, American Elements Corp. The company supplies high-quality ITO nanoparticles and powders to various industries in India.

4. Mitsui Mining & Smelting Co., Ltd. - India Branch Office

Mitsui Mining & Smelting Co., Ltd is a Japanese company that has been producing high-quality ITO since the 1960s. Its India branch office serves as a sales and support center for its customers in the country.

5. Nanochemazone Pvt. Ltd.

Nanochemazone Pvt. Ltd is an Indian company that specializes in manufacturing and supplying nanomaterials, including ITO nanoparticles and powders, to various industries such as electronics, healthcare, and energy.

6. Shreenath Agencies

Shreenath Agencies is an Indian company that supplies high-quality ITO sputtering targets to industries such as aerospace, defense, and electronics. The company also offers customized solutions for specific requirements.

7. Praxair India Pvt. Ltd.

Praxair India Pvt. Ltd is a subsidiary of the US-based industrial gases company, Praxair Inc. The company provides ITO materials and services to various industries in India, including electronics and aerospace.

8. Targray Technology International Inc.

Targray Technology International Inc. is a Canadian company that supplies ITO materials and other advanced materials to the Indian market. The company also offers technical support and solutions for applications in various industries.

9. Alfa Aesar India Pvt. Ltd.

Alfa Aesar India Pvt. Ltd is a subsidiary of US-based Thermo Fisher Scientific Inc., a leading supplier of chemicals, reagents, and metals for research and industrial applications. The company offers high-purity ITO materials and sputtering targets.

10. Agarwal Chemicals

Agarwal Chemicals is a leading manufacturer and supplier of inorganic chemicals, including ITO powders and compounds, for various industries such as electronics, glass, and ceramics. The company has a strong presence in the Indian market with its wide range of products.

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