Greenply Introduces India’s First Anti-Termite-Vaccinated Technology in Plywood

In August 2026, Greenply Industries Limited introduced TermiVax, which is one of India’s first vaccinated anti-termite plywood products that uses proprietary nanotechnology. Greenply is one of the most prominent interior infrastructure companies in India. This technology will allow the company to supply plywood that has excellent termite protection. Plywood is at a significant risk of termite attack in wet and damp weather, especially during the monsoon.

This innovation represents a significant milestone as it provides several advantages over the conventional surface treatment. It prevents the growth of termites and the damage to furniture that comes with it. Its nanotechnology substance seeps deep into the entire plywood volume and ensures complete protection.

Protection from termites has been achieved using surface treatment for a significant amount of time and chemical treatments after installation. These methods provide temporary protection only on the surface, and the protection is vulnerable to degradation due to cutting, drilling, exposure to moisture, and routine wear and tear. Greenply integrates termite protection directly into the plywood at the time of manufacture to provide reliable and long-lasting protection for homes and commercial interiors. This new product has been comprehensively tested and approved by IPIRTI (Indian Plywood Industry’s Research & Training Institute).

According to Sanidhya Mittal, Joint Managing Director, Greenply Industries Limited, the company focuses on innovation that solves consumers’ challenges through the use of advanced technologies. Termite infestations are one of the biggest worries for homeowners, especially in India, which has a tropical climate. This innovation represents a significant milestone for the termite protection technology segment.

Impact on the Chemicals Industry

According to Precedence Research, the launch of TermiVax is expected to positively impact the chemical industry due to the fact that it uses next-generation nanotechnology to protect plywood from termite infestations. Such a technology involves the use of various advanced chemicals and delivery mechanisms to allow the protective substances to seep deep inside the plywood. It represents a significant milestone in terms of technological advancement for the protection of plywood.

Impact on the Plywood Market

The global plywood market size is valued at USD 96.12 billion in 2025 and is predicted to increase from USD 101.90 billion in 2026 to approximately USD 171.90 billion by 2035, expanding at a CAGR of 5.99% from 2026 to 2035.

According to Precedence Research, the introduction of TermiVax is expected to benefit the plywood market. This is owing to the fact that it offers unprecedented technology in plywood, as it provides exhaustive termite protection at the time of manufacture. This will boost the usage of plywood among homeowners.

It will result in a significant rise in the number of customers, as it is expected to be widely adopted in densely populated tropical nations. People spend a lot of money each year, as they need to do surface treatments on their furniture and home interiors on a recurring basis.

Impact on the Specialty Chemicals Market

The global specialty chemicals market size is valued at USD 940.72 billion in 2025 and is predicted to increase from USD 978.79 billion in 2026 to approximately USD 1,377.32 billion by 2035, expanding at a CAGR of 3.54% from 2026 to 2035.

According to Precedence Research, the launch of TermiVax is expected to positively impact the specialty chemicals market. This is because it uses patented nanotechnology that seeps deep into the plywood and provides comprehensive protection from termites. Such a technology needs high-performance chemicals and advanced delivery methods.

This will result in an increase in the usage of specialty chemicals, as TermiVax is expected to be widely adopted across the globe. It will also encourage other plywood manufacturers to actively invest in their research and development projects that focus on termite protection technologies to develop their own innovative solutions and stay competitive in the market.

About Greenply Industries Limited

Greenply Industries Limited is a prominent Indian interior infrastructure brand that was established in 1994. The company produces high-quality plywood and other related products, decorative veneers, and Medium Density Fiber (MDF) boards. Greenply is committed to using advanced technologies and innovative manufacturing methodologies to provide high-quality products.

The company was founded by Mr. Rajesh Mittal in 1984. They set up their first plywood unit in 1988 in Tizit, Nagaland. Greenply Industries Limited has a presence in 27 states and 6 union territories of India. The company is also committed to planting trees to meet its sustainability goals and has planted over 90 million saplings. They have 5 manufacturing units in India. Greenply was chosen as the “Power Brand” by customers in 2010. The company was recognized as the largest Indian company in the plywood sector at the Dun and Bradstreet corporate awards in 2012.