Product Code: ETC4538065 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India pine-derived chemicals market import shipments demonstrated a steady expansion from 2020 to 2024, with a notable CAGR of 9.2%. However, the growth rate between 2023 and 2024 slightly slowed to 1.8%, indicating a stabilization in the market momentum towards the end of the period.
The India pine-derived chemicals market encompasses a wide array of products derived from pine trees, including resins, turpentine, and pine oil. These products find applications in various industries, including adhesives, paints, fragrances, and chemical synthesis. Pine-derived chemicals are valued for their natural origin and sustainability. As environmental concerns and demand for eco-friendly products increase, the market for pine-derived chemicals in India is experiencing growth. Manufacturers are finding innovative applications for these ingredients, leading to further market expansion.
The India Pine-Derived Chemicals Market is being driven by several factors, including the growing demand for sustainable and renewable raw materials, as pine-derived chemicals are considered environmentally friendly. Additionally, the diverse applications of these chemicals in industries such as adhesives, fragrances, and personal care products are contributing to market growth. Pine-derived chemicals also find use in the production of biofuels and as flavor enhancers, further expanding their market reach.
The India pine-derived chemicals market confronts several challenges in its pursuit of sustainable growth. Pine forests and their ecosystems require responsible management to ensure a consistent supply of raw materials, and issues related to deforestation and environmental impact need to be addressed. Regulatory compliance and sustainable practices are increasingly important, given growing environmental concerns and stricter regulations surrounding the use of natural resources. The market also faces competition from synthetic alternatives, making it imperative for manufacturers to differentiate their products based on quality, eco-friendliness, and performance. Finally, global economic factors can influence the market, such as fluctuations in demand due to economic downturns and trade restrictions affecting exports and imports.
Pine-derived chemicals found applications in disinfectants and cleaning products due to their antimicrobial properties. The market adapted to the increased demand for cleaning and sanitizing solutions.
Key players in the India pine derived chemicals market include Eastman Chemical Company, Ingevity Corporation, Foreverest Resources Ltd., and DRT (Derives Resiniques et Terpeniqes).
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 Pine-Derived Chemicals Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Pine-Derived Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 India Pine-Derived Chemicals Market - Industry Life Cycle |
3.4 India Pine-Derived Chemicals Market - Porter's Five Forces |
3.5 India Pine-Derived Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Pine-Derived Chemicals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Pine-Derived Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly products |
4.2.2 Growth in end-use industries such as pharmaceuticals, food beverages, and cosmetics |
4.2.3 Rising awareness about the benefits and applications of pine-derived chemicals |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Regulatory challenges related to environmental sustainability and forest conservation |
4.3.3 Competition from synthetic alternatives in the market |
5 India Pine-Derived Chemicals Market Trends |
6 India Pine-Derived Chemicals Market, By Types |
6.1 India Pine-Derived Chemicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Pine-Derived Chemicals Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Pine-Derived Chemicals Market Revenues & Volume, By TOFA, 2021-2031F |
6.1.4 India Pine-Derived Chemicals Market Revenues & Volume, By TOR, 2021-2031F |
6.1.5 India Pine-Derived Chemicals Market Revenues & Volume, By Gum Turpentine, 2021-2031F |
6.1.6 India Pine-Derived Chemicals Market Revenues & Volume, By Gum Rosin, 2021-2031F |
6.1.7 India Pine-Derived Chemicals Market Revenues & Volume, By Pitch, 2021-2031F |
6.1.8 India Pine-Derived Chemicals Market Revenues & Volume, By Sterols, 2021-2031F |
6.2 India Pine-Derived Chemicals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Pine-Derived Chemicals Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 India Pine-Derived Chemicals Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.2.4 India Pine-Derived Chemicals Market Revenues & Volume, By Surfactants, 2021-2031F |
6.2.5 India Pine-Derived Chemicals Market Revenues & Volume, By Printing Inks, 2021-2031F |
7 India Pine-Derived Chemicals Market Import-Export Trade Statistics |
7.1 India Pine-Derived Chemicals Market Export to Major Countries |
7.2 India Pine-Derived Chemicals Market Imports from Major Countries |
8 India Pine-Derived Chemicals Market Key Performance Indicators |
8.1 Percentage of pine-derived chemicals used in eco-friendly products |
8.2 Number of new product launches using pine-derived chemicals |
8.3 Adoption rate of pine-derived chemicals in different industries |
9 India Pine-Derived Chemicals Market - Opportunity Assessment |
9.1 India Pine-Derived Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Pine-Derived Chemicals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Pine-Derived Chemicals Market - Competitive Landscape |
10.1 India Pine-Derived Chemicals Market Revenue Share, By Companies, 2024 |
10.2 India Pine-Derived Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |