Product Code: ETC207876 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India tungsten disulfide market import shipment demonstrated robust growth with a notable CAGR of 26.3% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024 at -46.8%, indicating a sharp slowdown in the market expansion. Overall, the market exhibited strong momentum but experienced a notable deceleration in recent years.
The India Tungsten Disulfide Market has experienced steady growth in recent years. Tungsten disulfide, a lubricating and low-friction material, has diverse applications in various industries, including automotive, aerospace, and manufacturing. Its unique properties, such as high thermal stability and excellent lubricating characteristics, have contributed to its increasing demand in different sectors.
Several factors have been driving the growth of the India Tungsten Disulfide Market. Firstly, the automotive industry`s expansion, with a focus on improving fuel efficiency and reducing emissions, has led to an increased use of tungsten disulfide as a solid lubricant in engine components. Secondly, the aerospace sector`s growth and its demand for high-performance lubricants for critical applications have further boosted the market. Additionally, the use of tungsten disulfide in various industrial processes to minimize friction and wear has contributed to its rising popularity.
Despite its growth potential, the India Tungsten Disulfide Market faces certain challenges. One of the primary obstacles is the high production cost associated with tungsten disulfide due to the scarcity and cost of tungsten as a raw material. The availability of alternative lubricants and additives in the market also poses a challenge to widespread adoption. Market players need to focus on cost-effective production methods and demonstrate the superior performance of tungsten disulfide over other lubricants to overcome these challenges.
The outbreak of the Covid-19 pandemic had an impact on the India Tungsten Disulfide Market. During the initial phases of the pandemic, the market experienced disruptions in industrial activities and supply chain logistics due to lockdowns and restrictions. However, with the gradual resumption of economic activities, the market started to recover. The demand for lubricants and additives, including tungsten disulfide, remained relatively stable due to the necessity of maintenance and operation in various industries, including transportation and manufacturing.
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 Tungsten Disulfide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tungsten Disulfide Market Revenues & Volume, 2021 & 2031F |
3.3 India Tungsten Disulfide Market - Industry Life Cycle |
3.4 India Tungsten Disulfide Market - Porter's Five Forces |
3.5 India Tungsten Disulfide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Tungsten Disulfide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Tungsten Disulfide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance lubricants and coatings in industrial applications |
4.2.2 Growing awareness about the benefits of tungsten disulfide in enhancing efficiency and durability of machinery |
4.2.3 Rising investments in research and development for advanced materials in India |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production cost of tungsten disulfide |
4.3.2 Limited availability of skilled workforce for the manufacturing and application of tungsten disulfide products |
5 India Tungsten Disulfide Market Trends |
6 India Tungsten Disulfide Market, By Types |
6.1 India Tungsten Disulfide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Tungsten Disulfide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Tungsten Disulfide Market Revenues & Volume, By Purity Above 99.8%, 2021-2031F |
6.1.4 India Tungsten Disulfide Market Revenues & Volume, By Purity Above 99.5%, 2021-2031F |
6.1.5 India Tungsten Disulfide Market Revenues & Volume, By Purity Above 99%, 2021-2031F |
6.1.6 India Tungsten Disulfide Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Tungsten Disulfide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Tungsten Disulfide Market Revenues & Volume, By Blending Lubricant, 2021-2031F |
6.2.3 India Tungsten Disulfide Market Revenues & Volume, By Coating Lubricant, 2021-2031F |
6.2.4 India Tungsten Disulfide Market Revenues & Volume, By Catalyst, 2021-2031F |
6.2.5 India Tungsten Disulfide Market Revenues & Volume, By Others, 2021-2031F |
7 India Tungsten Disulfide Market Import-Export Trade Statistics |
7.1 India Tungsten Disulfide Market Export to Major Countries |
7.2 India Tungsten Disulfide Market Imports from Major Countries |
8 India Tungsten Disulfide Market Key Performance Indicators |
8.1 Percentage increase in the adoption of tungsten disulfide in key industries |
8.2 Number of research collaborations and partnerships for the development of tungsten disulfide applications |
8.3 Growth in patent filings related to tungsten disulfide technology in India |
9 India Tungsten Disulfide Market - Opportunity Assessment |
9.1 India Tungsten Disulfide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Tungsten Disulfide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Tungsten Disulfide Market - Competitive Landscape |
10.1 India Tungsten Disulfide Market Revenue Share, By Companies, 2024 |
10.2 India Tungsten Disulfide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |