| Product Code: ETC12546318 | 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 liquid gilsonite import market in 2024 continued to be dominated by top exporting countries including the USA, UAE, Malaysia, and China. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market saw a significant compound annual growth rate (CAGR) of 31.86% from 2020 to 2024. However, there was a notable decrease in growth rate from 2023 to 2024 at -17.01%, indicating a potential shift in market dynamics. This data suggests a complex and evolving landscape for liquid gilsonite imports 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 Liquid Gilsonite Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquid Gilsonite Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquid Gilsonite Market - Industry Life Cycle |
3.4 India Liquid Gilsonite Market - Porter's Five Forces |
3.5 India Liquid Gilsonite Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Liquid Gilsonite Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 India Liquid Gilsonite Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 India Liquid Gilsonite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India leading to higher demand for liquid Gilsonite. |
4.2.2 Growing adoption of liquid Gilsonite in the construction industry for applications such as road construction and waterproofing. |
4.2.3 Rise in government initiatives for the use of sustainable and eco-friendly materials, driving the demand for liquid Gilsonite. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of liquid Gilsonite. |
4.3.2 Stringent environmental regulations impacting the extraction and processing of Gilsonite. |
4.3.3 Limited availability of skilled labor for the application and usage of liquid Gilsonite in various industries. |
5 India Liquid Gilsonite Market Trends |
6 India Liquid Gilsonite Market, By Types |
6.1 India Liquid Gilsonite Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Liquid Gilsonite Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 India Liquid Gilsonite Market Revenues & Volume, By Drilling Fluids, 2021 - 2031F |
6.1.4 India Liquid Gilsonite Market Revenues & Volume, By Asphalt Additives, 2021 - 2031F |
6.1.5 India Liquid Gilsonite Market Revenues & Volume, By Ink Coatings, 2021 - 2031F |
6.1.6 India Liquid Gilsonite Market Revenues & Volume, By Foundry Sands, 2021 - 2031F |
6.2 India Liquid Gilsonite Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Liquid Gilsonite Market Revenues & Volume, By Oil Gas Industry, 2021 - 2031F |
6.2.3 India Liquid Gilsonite Market Revenues & Volume, By Construction Industry, 2021 - 2031F |
6.2.4 India Liquid Gilsonite Market Revenues & Volume, By Printing Industry, 2021 - 2031F |
6.2.5 India Liquid Gilsonite Market Revenues & Volume, By Foundry Industry, 2021 - 2031F |
6.3 India Liquid Gilsonite Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 India Liquid Gilsonite Market Revenues & Volume, By Liquid Gilsonite, 2021 - 2031F |
7 India Liquid Gilsonite Market Import-Export Trade Statistics |
7.1 India Liquid Gilsonite Market Export to Major Countries |
7.2 India Liquid Gilsonite Market Imports from Major Countries |
8 India Liquid Gilsonite Market Key Performance Indicators |
8.1 Adoption rate of liquid Gilsonite in new construction projects. |
8.2 Number of government contracts incorporating liquid Gilsonite in infrastructure development. |
8.3 Investment in research and development for enhancing the properties and applications of liquid Gilsonite. |
9 India Liquid Gilsonite Market - Opportunity Assessment |
9.1 India Liquid Gilsonite Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Liquid Gilsonite Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 India Liquid Gilsonite Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 India Liquid Gilsonite Market - Competitive Landscape |
10.1 India Liquid Gilsonite Market Revenue Share, By Companies, 2024 |
10.2 India Liquid Gilsonite 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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