Product Code: ETC4475305 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India n-butanol market import shipments exhibited a robust growth trend during the period 2020-2024, with a significant CAGR of 19.8%. The momentum accelerated notably between 2023 and 2024, showcasing a remarkable growth rate of 71.7%. The market expanded steadily, indicating strong upward momentum and a positive overall trend.
The N-butanol market in India is essential to the country`s chemical and manufacturing sectors. N-butanol is a versatile solvent and intermediate used in the production of coatings, adhesives, and various chemical formulations. The growth of the construction, automotive, and electronics industries in India has driven the demand for N-butanol, as it is a crucial ingredient in many manufacturing processes. Additionally, environmental regulations have led to the adoption of environmentally friendly solvents, which has further influenced the market. The India N-butanol market is expected to remain a vital component of the chemicals and solvents industry, offering solutions for diverse applications.
The India N Butanol market is driven by the robust growth of end-user industries, including chemicals, coatings, and textiles. N Butanol is a versatile chemical solvent and intermediate used in the production of various chemicals. With an increase in infrastructure development, the demand for coatings and paints is rising, propelling the market for N Butanol. Additionally, its applications in the production of plasticizers and resins contribute to market growth.
The n-butanol market in India faces challenges related to supply chain disruptions and raw material availability, which can lead to price fluctuations. Moreover, environmental regulations and safety standards are becoming more stringent, requiring investments in plant upgrades and compliance measures. Market saturation and competition are also issues, with several players vying for market share, putting pressure on pricing and profitability. Maintaining a balance between quality, cost, and environmental responsibility is a constant challenge for manufacturers.
The India N-butanol market faced challenges during the pandemic, primarily due to disruptions in the supply chain and a slowdown in industrial production. As various industries resumed their operations post-pandemic, the demand for n-butanol is expected to recover, especially in sectors like paints, coatings, and chemical manufacturing.
Key players in the India n-butanol market include ONGC Petro Additions Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, and Gujarat Narmada Valley Fertilizers & Chemicals Limited. These companies produce n-butanol used in the chemical and solvent industries.
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 n-Butanol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India n-Butanol Market Revenues & Volume, 2021 & 2031F |
3.3 India n-Butanol Market - Industry Life Cycle |
3.4 India n-Butanol Market - Porter's Five Forces |
3.5 India n-Butanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India n-Butanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for n-butanol in the pharmaceutical industry for manufacturing medicines and drugs. |
4.2.2 Growth in the construction sector leading to higher demand for n-butanol in paints, coatings, and adhesives. |
4.2.3 Rising adoption of n-butanol as a solvent in various industries such as chemicals, textiles, and automotive. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like butyric acid and propylene affecting the production cost of n-butanol. |
4.3.2 Stringent regulations related to environmental concerns and worker safety impacting the production and usage of n-butanol. |
4.3.3 Competition from alternative solvents and chemicals limiting the market expansion for n-butanol. |
5 India n-Butanol Market Trends |
6 India n-Butanol Market, By Types |
6.1 India n-Butanol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India n-Butanol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India n-Butanol Market Revenues & Volume, By Butyl Acrylate, 2021-2031F |
6.1.4 India n-Butanol Market Revenues & Volume, By Butyl Acetate, 2021-2031F |
6.1.5 India n-Butanol Market Revenues & Volume, By Glycol Ethers, 2021-2031F |
6.1.6 India n-Butanol Market Revenues & Volume, By Direct Solvent, 2021-2031F |
6.1.7 India n-Butanol Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.8 India n-Butanol Market Revenues & Volume, By Others, 2021-2031F |
7 India n-Butanol Market Import-Export Trade Statistics |
7.1 India n-Butanol Market Export to Major Countries |
7.2 India n-Butanol Market Imports from Major Countries |
8 India n-Butanol Market Key Performance Indicators |
8.1 Capacity utilization rate of n-butanol production facilities in India. |
8.2 Adoption rate of n-butanol in different end-user industries. |
8.3 Number of research and development initiatives focused on improving n-butanol production processes and applications. |
8.4 Price trends of key raw materials used in n-butanol production. |
8.5 Percentage of n-butanol sales attributed to exports. |
9 India n-Butanol Market - Opportunity Assessment |
9.1 India n-Butanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India n-Butanol Market - Competitive Landscape |
10.1 India n-Butanol Market Revenue Share, By Companies, 2024 |
10.2 India n-Butanol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |