Product Code: ETC062323 | Publication Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Quaternary Ammonium Compounds Market registered a growth of 50.49% in value shipments in 2022 as compared to 2021 and an increase of 9.83% CAGR in 2022 over a period of 2017. In Quaternary Ammonium Compounds Market India is becoming less competitive as HHI index in 2022 was 4122 while in 2017 it was 3895. 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 domestic production to meet its growing demand in Quaternary Ammonium Compounds Market.
India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Quaternary Ammonium Compounds Market in 2022 was 0.76 while in 2017 it was 0.5. China, Rep. of Korea, Belgium, USA and Argentina were among the top players of the market in 2022, where China acquired the largest market share of 63.35% with a shipment value of 28.66 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 59.31% with the shipment value of 10.16 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 China price is lower than the average price, it provided a significant edge among other competitor in 2017.
Quaternary ammonium compounds (QACs) are a group of organic cationic surfactants used as sanitizers and disinfectants. They possess antistatic, emulsifying, foaming, wetting, and solubilizing properties. These compounds contain four organic groups attached to the nitrogen atom of an ammonia molecule. The QACs market in India is estimated to witness a healthy growth rate owing to increasing demand from various end-user industries including healthcare, water treatment plants, petroleum refining & production industry among others.
The rising awareness about hygiene and need for effective cleaning solutions is one of the major drivers for the growth of quaternary ammonium compound market in India. Furthermore, increasing adoption of these compounds by food processing companies due to its anti-bacterial properties is another factor propelling the market growth in India during 2021-2027 period. Additionally growing government investment towards development of healthcare infrastructure and R&D activities carried out by key players across pharma industries are some other factors expected to drive the demand for quaternary ammonium compound market over forecast period 2021-2027 in India.
High manufacturing cost associated with quaternary ammonium compound may hinder their demand from budget conscious consumer segment which could be challenging factor hampering growth prospects for this product type over forecast timeframe 2021-2027 in Indian scenario. Additionally environmental concerns related with usage or discharge of these products into environment such as aquatic systems can also pose challenge on overall business expansion plans laid down by manufacturers operating within this domain over upcoming years ahead till 2027, quaternary ammonium compound markets across Indian subcontinent region/country wise.
Rising trend amongst leading global players towards development innovative formulations based on superior quality raw materials has been observed across quatemnuary amonjum compund markets across india so far during 2021 - 2027 timeline . This is because they provide improved performance characteristics comparedto conventional products available thus further boosting sales opportunities throughout country’s industrial landscape accordingy o recent trends noticed accross qac sector here . Moreover introduction technologically advanced equipments like automated dispensing devices , scanners etc have emerged as new revenue streams opening up further possibilities within this space recently too adding more fuel onto fire driving bsuinesses forward with renewed vig
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 Quaternary Ammonium Compounds Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Quaternary Ammonium Compounds Market Revenues & Volume, 2020 & 2027F |
3.3 India Quaternary Ammonium Compounds Market - Industry Life Cycle |
3.4 India Quaternary Ammonium Compounds Market - Porter's Five Forces |
3.5 India Quaternary Ammonium Compounds Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 India Quaternary Ammonium Compounds Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 India Quaternary Ammonium Compounds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Quaternary Ammonium Compounds Market Trends |
6 India Quaternary Ammonium Compounds Market, By Types |
6.1 India Quaternary Ammonium Compounds Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Quaternary Ammonium Compounds Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 India Quaternary Ammonium Compounds Market Revenues & Volume, By Industrial Grade, 2018 - 2027F |
6.1.4 India Quaternary Ammonium Compounds Market Revenues & Volume, By Cosmetic Grade, 2018 - 2027F |
6.1.5 India Quaternary Ammonium Compounds Market Revenues & Volume, By Pharmaceutical Grade, 2018 - 2027F |
6.2 India Quaternary Ammonium Compounds Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Quaternary Ammonium Compounds Market Revenues & Volume, By Disinfectants, 2018 - 2027F |
6.2.3 India Quaternary Ammonium Compounds Market Revenues & Volume, By Fabric Softeners, 2018 - 2027F |
6.2.4 India Quaternary Ammonium Compounds Market Revenues & Volume, By Surfactants, 2018 - 2027F |
6.2.5 India Quaternary Ammonium Compounds Market Revenues & Volume, By Antistatic Agents, 2018 - 2027F |
6.2.6 India Quaternary Ammonium Compounds Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Quaternary Ammonium Compounds Market Import-Export Trade Statistics |
7.1 India Quaternary Ammonium Compounds Market Export to Major Countries |
7.2 India Quaternary Ammonium Compounds Market Imports from Major Countries |
8 India Quaternary Ammonium Compounds Market Key Performance Indicators |
9 India Quaternary Ammonium Compounds Market - Opportunity Assessment |
9.1 India Quaternary Ammonium Compounds Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 India Quaternary Ammonium Compounds Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 India Quaternary Ammonium Compounds Market - Competitive Landscape |
10.1 India Quaternary Ammonium Compounds Market Revenue Share, By Companies, 2020 |
10.2 India Quaternary Ammonium Compounds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |