| Product Code: ETC11408910 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s aromatics import market in 2024 saw significant contributions from top exporting countries including China, USA, Sri Lanka, Spain, and Indonesia. The market continued to exhibit a high level of concentration, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a robust compound annual growth rate (CAGR) of 9.43% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -34.83%. This dynamic landscape suggests the need for careful monitoring and strategic decision-making in the Indian aromatics import sector.

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 Aromatics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aromatics Market Revenues & Volume, 2021 & 2031F |
3.3 India Aromatics Market - Industry Life Cycle |
3.4 India Aromatics Market - Porter's Five Forces |
3.5 India Aromatics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Aromatics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Aromatics Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Aromatics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for aromatics in industries such as cosmetics, pharmaceuticals, and food beverages. |
4.2.2 Increasing disposable income and changing lifestyles leading to higher consumption of aromatic products. |
4.2.3 Rise in the use of aromatics in the manufacturing of chemicals, plastics, and synthetic fibers. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of aromatics. |
4.3.2 Stringent environmental regulations impacting the production processes of aromatics. |
4.3.3 Intense competition from substitutes and other fragrance products. |
5 India Aromatics Market Trends |
6 India Aromatics Market, By Types |
6.1 India Aromatics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Aromatics Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Aromatics Market Revenues & Volume, By Benzene, 2021 - 2031F |
6.1.4 India Aromatics Market Revenues & Volume, By Toluene, 2021 - 2031F |
6.1.5 India Aromatics Market Revenues & Volume, By Xylene, 2021 - 2031F |
6.1.6 India Aromatics Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Aromatics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Aromatics Market Revenues & Volume, By Solvents, 2021 - 2031F |
6.2.3 India Aromatics Market Revenues & Volume, By Additives, 2021 - 2031F |
6.2.4 India Aromatics Market Revenues & Volume, By Organic Chemicals, 2021 - 2031F |
6.2.5 India Aromatics Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 India Aromatics Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Aromatics Market Revenues & Volume, By Paints & Coatings, 2021 - 2031F |
6.3.3 India Aromatics Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 India Aromatics Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.5 India Aromatics Market Revenues & Volume, By Chemicals, 2021 - 2031F |
6.3.6 India Aromatics Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Aromatics Market Import-Export Trade Statistics |
7.1 India Aromatics Market Export to Major Countries |
7.2 India Aromatics Market Imports from Major Countries |
8 India Aromatics Market Key Performance Indicators |
8.1 Consumer sentiment towards aromatics products. |
8.2 Innovation rate in aromatics formulations and product development. |
8.3 Adoption rate of sustainable and eco-friendly practices in the aromatics industry. |
9 India Aromatics Market - Opportunity Assessment |
9.1 India Aromatics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Aromatics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Aromatics Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Aromatics Market - Competitive Landscape |
10.1 India Aromatics Market Revenue Share, By Companies, 2024 |
10.2 India Aromatics 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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