|Product Code: ETC335064||Publication Date: Aug 2023||Product Type: Market Research Report|
|Publisher: 6Wresearch||No. of Pages: 75||No. of Figures: 35||No. of Tables: 20|
India N-propanol Market registered a decline of -13.36% in value shipments in 2022 as compared to 2021 and an increase of 7.91% CAGR in 2022 over a period of 2017. In N-propanol Market India is becoming less competitive as HHI index in 2022 was 3433 while in 2017 it was 1320. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in N-propanol Market.
India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of N-propanol Market in 2022 was 9.94 while in 2017 it was 10.57. China, Other Asia, nes, Rep. of Korea, USA and South Africa were among the top players of the market in 2022, where China acquired the largest market share of 53.47% with a shipment value of 79.08 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 Rep. of Korea had the largest market share of 21.1% with the shipment value of 22.82 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As Rep. of Koreaprice is lower than the average price, it provided a significant edge among other competitor in 2017.
India propanol market is estimated to reach USD 4.93 billion by 2023, at a CAGR of 6.2% between 2017 and 2023. Propanol is used in various industries such as oil & gas, chemical, rubber & plastic, paints& coatings and others for manufacturing products with extended shelf life. It finds its application as an intermediate raw material in the production of polyols and phenols which are further used in producing surfactants that find its applications in personal care products such as soaps, shampoos etc., thereby driving the demand for propanol from these end-use industries across India.
The India n propanol market is set to grow due to several driving factors. N propanol, a type of alcohol, finds applications in various industries such as chemicals, pharmaceuticals, and cosmetics. Its solvent properties and use in formulations contribute to its demand. The growth of end-use sectors, industrial production, and research activities are driving the market`s expansion. Additionally, increasing awareness about sustainable and eco-friendly chemicals may influence the adoption of n propanol as a green solvent. Fluctuations in raw material prices and regulatory considerations could also impact the market`s dynamics.
The India n propanol market is used in various industries, including pharmaceuticals, cosmetics, and paints. Challenges include the need for efficient sourcing of raw materials and ensuring consistent quality. Adhering to safety and environmental regulations in production, storage, and transportation is crucial. Additionally, the market needs to stay abreast of changing industry requirements and consumer preferences while navigating competitive pressures.
The India n propanol market is tied to applications in solvents, chemicals, and manufacturing. The pandemic affected industrial activities and supply chains, influencing demand for such chemicals. As industries resume operations, the market is projected to recover. Stringent safety regulations and emerging industrial trends could also play a role in shaping its future.
The India n-propanol market is driven by its use in various industries, including pharmaceuticals, chemicals, and cosmetics. Key players like Sasol Limited, BASF India Ltd, and Sisco Research Laboratories Pvt. Ltd are important contributors to this market. These companies provide n-propanol for manufacturing processes and formulations across different sectors.
1 Executive Summary
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
3 India N-propanol Market Overview
3.1 India Country Macro Economic Indicators
3.2 India N-propanol Market Revenues & Volume, 2021 & 2028F
3.3 India N-propanol Market - Industry Life Cycle
3.4 India N-propanol Market - Porter's Five Forces
3.5 India N-propanol Market Revenues & Volume Share, By Type, 2021 & 2028F
3.6 India N-propanol Market Revenues & Volume Share, By Application, 2021 & 2028F
4 India N-propanol Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India N-propanol Market Trends
6 India N-propanol Market, By Types
6.1 India N-propanol Market, By Type
6.1.1 Overview and Analysis
6.1.2 India N-propanol Market Revenues & Volume, By Type, 2018 - 2028F
6.1.3 India N-propanol Market Revenues & Volume, By Ethylene Hydrogenation Method, 2018 - 2028F
6.1.4 India N-propanol Market Revenues & Volume, By Allyl Alcohol Hydrogenation Method, 2018 - 2028F
6.1.5 India N-propanol Market Revenues & Volume, By Other Compounds Byproduct Method, 2018 - 2028F
6.2 India N-propanol Market, By Application
6.2.1 Overview and Analysis
6.2.2 India N-propanol Market Revenues & Volume, By Coatings, 2018 - 2028F
6.2.3 India N-propanol Market Revenues & Volume, By Food Additive, 2018 - 2028F
6.2.4 India N-propanol Market Revenues & Volume, By Pharmaceutical, 2018 - 2028F
6.2.5 India N-propanol Market Revenues & Volume, By Cosmetics, 2018 - 2028F
6.2.6 India N-propanol Market Revenues & Volume, By Others, 2018 - 2028F
7 India N-propanol Market Import-Export Trade Statistics
7.1 India N-propanol Market Export to Major Countries
7.2 India N-propanol Market Imports from Major Countries
8 India N-propanol Market Key Performance Indicators
9 India N-propanol Market - Opportunity Assessment
9.1 India N-propanol Market Opportunity Assessment, By Type, 2021 & 2028F
9.2 India N-propanol Market Opportunity Assessment, By Application, 2021 & 2028F
10 India N-propanol Market - Competitive Landscape
10.1 India N-propanol Market Revenue Share, By Companies, 2021
10.2 India N-propanol Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles