| Product Code: ETC11807118 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s acids import market in 2024 saw a significant increase in concentration, with top exporting countries being Germany, South Korea, USA, Belgium, and Canada. The Herfindahl-Hirschman Index (HHI) indicated very high concentration levels compared to the previous year. Despite a negative Compound Annual Growth Rate (CAGR) of -4.84% from 2020 to 2024, the growth rate in 2024 showed a slight improvement at -4.86% compared to the previous year. This data suggests a challenging yet competitive landscape for acid importers in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Acids Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Acids Market Revenues & Volume, 2021 & 2031F |
3.3 India Acids Market - Industry Life Cycle |
3.4 India Acids Market - Porter's Five Forces |
3.5 India Acids Market Revenues & Volume Share, By Acid Type, 2021 & 2031F |
3.6 India Acids Market Revenues & Volume Share, By Concentration/Grade, 2021 & 2031F |
3.7 India Acids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for acids in industries such as agriculture, pharmaceuticals, and chemicals |
4.2.2 Increasing use of acids in water treatment and wastewater management |
4.2.3 Favorable government regulations supporting the production and use of acids in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of acids |
4.3.2 Environmental concerns and regulations related to the disposal and handling of acids |
4.3.3 Competition from alternative chemical products affecting the demand for acids |
5 India Acids Market Trends |
6 India Acids Market, By Types |
6.1 India Acids Market, By Acid Type |
6.1.1 Overview and Analysis |
6.1.2 India Acids Market Revenues & Volume, By Acid Type, 2021 - 2031F |
6.1.3 India Acids Market Revenues & Volume, By Sulfuric Acid, 2021 - 2031F |
6.1.4 India Acids Market Revenues & Volume, By Hydrochloric Acid, 2021 - 2031F |
6.1.5 India Acids Market Revenues & Volume, By Nitric Acid, 2021 - 2031F |
6.1.6 India Acids Market Revenues & Volume, By Organic Acids, 2021 - 2031F |
6.2 India Acids Market, By Concentration/Grade |
6.2.1 Overview and Analysis |
6.2.2 India Acids Market Revenues & Volume, By Concentrated/Technical, 2021 - 2031F |
6.2.3 India Acids Market Revenues & Volume, By Diluted/Formulated, 2021 - 2031F |
6.2.4 India Acids Market Revenues & Volume, By High Purity, 2021 - 2031F |
6.2.5 India Acids Market Revenues & Volume, By Custom Grades, 2021 - 2031F |
6.3 India Acids Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Acids Market Revenues & Volume, By Industrial Processing, 2021 - 2031F |
6.3.3 India Acids Market Revenues & Volume, By Cleaning & Etching, 2021 - 2031F |
6.3.4 India Acids Market Revenues & Volume, By Fertilizer Production, 2021 - 2031F |
6.3.5 India Acids Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
7 India Acids Market Import-Export Trade Statistics |
7.1 India Acids Market Export to Major Countries |
7.2 India Acids Market Imports from Major Countries |
8 India Acids Market Key Performance Indicators |
8.1 Average selling price of acids in the market |
8.2 Number of new applications or industries using acids |
8.3 Investment in research and development for acid production technology |
8.4 Adoption rate of sustainable practices in acid manufacturing |
8.5 Level of compliance with environmental regulations in acid production and usage |
9 India Acids Market - Opportunity Assessment |
9.1 India Acids Market Opportunity Assessment, By Acid Type, 2021 & 2031F |
9.2 India Acids Market Opportunity Assessment, By Concentration/Grade, 2021 & 2031F |
9.3 India Acids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Acids Market - Competitive Landscape |
10.1 India Acids Market Revenue Share, By Companies, 2024 |
10.2 India Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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