| Product Code: ETC7555254 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s tar import market in 2024 continues to be dominated by top exporters such as UAE, Iraq, Malaysia, USA, and China. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -52.37%, there was a notable growth spurt in 2024 with a growth rate of 14.54% compared to the previous year. This suggests a potential shift in market dynamics and opportunities for both importers and exporters in the tar industry.

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 Tar Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tar Market Revenues & Volume, 2021 & 2031F |
3.3 India Tar Market - Industry Life Cycle |
3.4 India Tar Market - Porter's Five Forces |
3.5 India Tar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Tar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Tar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing road construction projects and infrastructure development in India |
4.2.2 Growing automotive industry leading to higher demand for tires |
4.2.3 Government initiatives promoting the use of bitumen for road construction |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as crude oil impacting production costs |
4.3.2 Environmental concerns related to the use of tar and bitumen in road construction |
4.3.3 Competition from alternative road construction materials like concrete |
5 India Tar Market Trends |
6 India Tar Market, By Types |
6.1 India Tar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Tar Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Tar Market Revenues & Volume, By For Electrode Use, 2021- 2031F |
6.1.4 India Tar Market Revenues & Volume, By For General Use, 2021- 2031F |
6.2 India Tar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Tar Market Revenues & Volume, By Electrolytic Aluminum, 2021- 2031F |
6.2.3 India Tar Market Revenues & Volume, By Electrodes Production, 2021- 2031F |
6.2.4 India Tar Market Revenues & Volume, By Road Construction, 2021- 2031F |
6.2.5 India Tar Market Revenues & Volume, By Roof Construction, 2021- 2031F |
6.2.6 India Tar Market Revenues & Volume, By Others, 2021- 2031F |
7 India Tar Market Import-Export Trade Statistics |
7.1 India Tar Market Export to Major Countries |
7.2 India Tar Market Imports from Major Countries |
8 India Tar Market Key Performance Indicators |
8.1 Average annual growth rate of road construction projects in India |
8.2 Percentage increase in vehicle sales in the country |
8.3 Adoption rate of sustainable practices in the tar market sector |
9 India Tar Market - Opportunity Assessment |
9.1 India Tar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Tar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Tar Market - Competitive Landscape |
10.1 India Tar Market Revenue Share, By Companies, 2024 |
10.2 India Tar 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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