Product Code: ETC197916 | 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 aluminum nitrate market import shipments exhibited robust growth with a CAGR of 28.9% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, indicating a notable slowdown in the market expansion towards the end of the period.
Aluminum Nitrate is a water-soluble chemical compound that is used as an acidity regulator, emulsifier and suspending agent in a variety of applications. It can be found in many commercial products, such as cosmetics, detergents and pharmaceuticals. In India, it has mainly been used for industrial purposes due to its ability to remove unwanted compounds from liquid mixtures or suspensions.
Increasing demand for aluminum nitrate from the manufacturing sectordue to its use in various industries including food processing, paper production and metal plating. Rising popularity of non-toxic chemicals over hazardous ones among consumers which boosts demand for aluminum nitrate since it does not produce any toxic fumes when reacted with other substances making it more environmentally friendly than other similar chemicals. Growing awareness about health hazards posed by certain chemical components present in commonly used household items leading to increased acceptance of Aluminum Nitrate as an alternative ingredient.
Low solubility rate of Aluminum Nitrate makes it difficult to handle during transportation and storage resulting in losses & wastage thereby increasing costs associated with the usage of this product. High volatility associated with the prices due to fluctuating supply & demand dynamics creates difficulty while stocking up inventories which further affects production cycles causing disruptions at times.
The key players operating in India Aluminum Nitrates market include Zinchem Pvt Ltd., Anupam Industries Ltd., Vedanta Aluminium Ltd., Salvi Chemical Industries Pvt Ltd., Raj Petro Specialities Pvt Ltd., and others who are engaged into either producing raw materials or finished products related to this industry space.
Due to widespread lockdowns implemented across the country owing restrictions on intercity travel , there have been severe disruptions recorded within India Aluminum Nitrates market as most businesses were forced shut down disrupting their supply chains alongwith affecting overall operations which resulted into plummeting sales volumes.
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 Aluminum Nitrate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum Nitrate Market - Industry Life Cycle |
3.4 India Aluminum Nitrate Market - Porter's Five Forces |
3.5 India Aluminum Nitrate Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 India Aluminum Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aluminum Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and urbanization in India leading to increased demand for aluminum nitrate. |
4.2.2 Rising investments in infrastructure projects driving the consumption of aluminum nitrate. |
4.2.3 Favorable government regulations and policies supporting the growth of the aluminum nitrate market in India. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of aluminum nitrate. |
4.3.2 Environmental concerns and regulations related to the use and disposal of aluminum nitrate. |
4.3.3 Competition from substitute products affecting the market growth of aluminum nitrate in India. |
5 India Aluminum Nitrate Market Trends |
6 India Aluminum Nitrate Market, By Types |
6.1 India Aluminum Nitrate Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum Nitrate Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 India Aluminum Nitrate Market Revenues & Volume, By Catalyst Grade, 2021-2031F |
6.1.4 India Aluminum Nitrate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 India Aluminum Nitrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Aluminum Nitrate Market Revenues & Volume, By Organic Synthesis, 2021-2031F |
6.2.3 India Aluminum Nitrate Market Revenues & Volume, By Textile Industry, 2021-2031F |
7 India Aluminum Nitrate Market Import-Export Trade Statistics |
7.1 India Aluminum Nitrate Market Export to Major Countries |
7.2 India Aluminum Nitrate Market Imports from Major Countries |
8 India Aluminum Nitrate Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated using aluminum nitrate. |
8.2 Percentage increase in demand from key industries such as pharmaceuticals, agriculture, and water treatment. |
8.3 Adoption rate of innovative production processes for aluminum nitrate in India. |
9 India Aluminum Nitrate Market - Opportunity Assessment |
9.1 India Aluminum Nitrate Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 India Aluminum Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aluminum Nitrate Market - Competitive Landscape |
10.1 India Aluminum Nitrate Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |