| Product Code: ETC318564 | Publication Date: Aug 2022 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India chloroethane market import shipment experienced a significant decline with a CAGR of -18.3% from 2020 to 2024. However, there was a remarkable surge in growth between 2023 and 2024, showing a 1461.5% increase. Despite the overall slowdown, the market exhibited a sudden upturn in momentum towards the end of the period.
The India chloroethane market is experiencing growth as the chemical industry utilizes this compound in various applications, including the production of solvents, intermediates, and vinyl chloride monomer (VCM) for PVC production. This market`s outlook is driven by factors such as the increasing demand for chloroethane in chemical synthesis, pharmaceuticals, and plastics production, the growth of the specialty chemicals and polymer industries, and the adoption of chloroethane for its chemical reactivity and versatility. Additionally, the development of green and bio-based chloroethane and the rising focus on sustainable and eco-friendly chemical alternatives are further contributing to market growth. The market overview indicates that the India chloroethane market is expected to witness continuous demand in the forecast period.
The India chloroethane market is experiencing growth as the chemical industry utilizes this compound in various applications. This market`s outlook is driven by factors such as the increasing demand for chloroethane in the production of solvents, plastics, and chemical intermediates, the growth of the petrochemical and specialty chemicals sectors, and the adoption of chloroethane for its chemical reactivity and versatility. Additionally, the development of green and bio-based manufacturing processes and the rising focus on sustainable and eco-friendly chemical alternatives are further contributing to market growth. The market is also benefiting from the growing demand for ethyl chloride as a solvent in pharmaceutical and industrial applications. However, the market faces challenges in terms of volatile raw material prices and regulatory restrictions related to hazardous chemicals.
The India chloroethane market is experiencing growth as the chemical industry utilizes this versatile compound in various applications. This market`s outlook is driven by factors such as the increasing demand for chloroethane in the production of solvents, refrigerants, and chemical intermediates, the growth of the specialty chemicals sector, and the adoption of chloroethane for its chemical reactivity and use in synthesis processes. Additionally, the development of sustainable production methods and the rising focus on safety and environmental compliance are further contributing to market growth. However, the market also faces challenges such as the impact of regulatory restrictions on chloroethane production and the competition from alternative solvents and intermediates.
The India chloroethane market is experiencing growth as the chemical industry utilizes this compound in various applications. This market`s outlook is driven by factors such as the increasing demand for chloroethane in the production of vinyl chloride monomer (VCM), solvents, and aerosols, the growth of the specialty chemicals sector, and the adoption of chloroethane for its chemical reactivity and versatility. Additionally, the development of green and sustainable production methods for chloroethane and the rising focus on eco-friendly and bio-based chemicals are further contributing to market growth. The COVID-19 pandemic had some impact on the chloroethane market due to disruptions in industrial activities and supply chain challenges. However, with the recovery of manufacturing operations, the market is expected to rebound in the post-pandemic period.
The India chloroethane market is experiencing growth as the chemical industry utilizes this compound in various applications. This market`s outlook is driven by factors such as the increasing demand for chloroethane in the production of vinyl chloride, ethyl chloride, and other chemicals, the growth of the plastics and polymers sectors, and the adoption of chloroethane for its chemical reactivity and versatility. Additionally, the development of eco-friendly and bio-based chloroethane production processes and the rising focus on sustainable and green chemical alternatives are further contributing to market growth. Some of the key players in the India chloroethane market include EthylChem Industries, ChemSynth Corporation, and GreenTech Chemicals.
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 Chloroethane Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chloroethane Market Revenues & Volume, 2021 & 2031F |
3.3 India Chloroethane Market - Industry Life Cycle |
3.4 India Chloroethane Market - Porter's Five Forces |
3.5 India Chloroethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Chloroethane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 India Chloroethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for chloroethane in the production of vinyl chloride monomer (VCM), which is used in the manufacturing of polyvinyl chloride (PVC). |
4.2.2 Growth in the pharmaceutical industry, where chloroethane is used as an intermediate in the production of various drugs. |
4.2.3 Expansion of the construction industry, leading to higher demand for PVC products, driving the chloroethane market. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in chloroethane production, impacting the overall cost of production. |
4.3.2 Regulatory challenges related to environmental concerns and safety regulations associated with the handling and disposal of chloroethane. |
5 India Chloroethane Market Trends |
6 India Chloroethane Market, By Types |
6.1 India Chloroethane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Chloroethane Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Chloroethane Market Revenues & Volume, By Pesticide, 2021-2031F |
6.1.4 India Chloroethane Market Revenues & Volume, By Dye, 2021-2031F |
6.1.5 India Chloroethane Market Revenues & Volume, By Foamed Plastics, 2021-2031F |
6.1.6 India Chloroethane Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.1.7 India Chloroethane Market Revenues & Volume, By Other Chemicals, 2021-2031F |
6.2 India Chloroethane Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 India Chloroethane Market Revenues & Volume, By Monochloroethane, 2021-2031F |
6.2.3 India Chloroethane Market Revenues & Volume, By Dichloroethane, 2021-2031F |
7 India Chloroethane Market Import-Export Trade Statistics |
7.1 India Chloroethane Market Export to Major Countries |
7.2 India Chloroethane Market Imports from Major Countries |
8 India Chloroethane Market Key Performance Indicators |
8.1 Capacity utilization rate of chloroethane production plants in India. |
8.2 Number of new applications or industries adopting chloroethane as a raw material. |
8.3 Research and development investments in finding more efficient and sustainable production methods for chloroethane. |
9 India Chloroethane Market - Opportunity Assessment |
9.1 India Chloroethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Chloroethane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 India Chloroethane Market - Competitive Landscape |
10.1 India Chloroethane Market Revenue Share, By Companies, 2024 |
10.2 India Chloroethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |