Product Code: ETC205356 | 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 sulfide market import shipments experienced a rapid expansion with a strong CAGR from 2020-2024. However, there was a significant decline in growth rate between 2023 and 2024. Overall, the market exhibited robust momentum but showed signs of slowing down towards the end of the period.
The aluminum sulfide market in India is expected to witness a significant growth during the forecast periodThis can be attributed to its extensive use in chemical synthesis and as an efficient reducing agent for various applications such as papermaking, gas purification, and water treatment. Additionally, factors like increasing demand from end-use industries such as pharmaceuticals and food & beverages are propelling the growth of the India aluminum sulfide market.
Growing Automotive Industry ??? With rapid urbanization occurring throughout India there has been a rise in disposable income which led to increased in purchasing power among people resulting in a surge in demand for automobiles thus propelling the growth rate within the automotive sector which eventually increases the consumption rate within related components including alumina sulfates. Increased Production Of Aluminium And Its Alloys ??? The government???s initiative towards development projects such as Make In India program, Dedicated Freight Corridor Project (DFCP), Bharatmala Pariyojana, etc coupled with high investments made by private players resulted in considerable expansion within manufacturing units leading into a consequent increase within production capacity thereby boosting demand rate associated with their input raw materials like alumina sulfates.
High costs associated with processing raw material used for production of Aluminum Sulfide may hinder adoption among end-users thereby restraining overall growth rate during forecast period. Furthermore, availability of substitute materials at lower price might affect market development adversely during estimated timeline..
Some key players operating withinIndia aluminium sulfate market include BASF SE., Akzo Nobel NV., Kemira OYJ., Solvay S.A., Tosoh Corporation among others
The COVID-19 pandemic has had a significant impact on most markets across the globe including Aluminum Sulfides Market owing to disruptions caused by lockdown & travel restrictions imposed worldwide. However , gradual recovery is expected after easing restrictions.
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 Sulfide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum Sulfide Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum Sulfide Market - Industry Life Cycle |
3.4 India Aluminum Sulfide Market - Porter's Five Forces |
3.5 India Aluminum Sulfide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aluminum Sulfide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for water treatment chemicals in India |
4.2.2 Growth of the pharmaceutical industry in India |
4.2.3 Rising usage of aluminum sulfide in the agriculture sector |
4.3 Market Restraints |
4.3.1 Stringent government regulations on the usage of chemicals |
4.3.2 Fluctuating prices of raw materials |
4.3.3 Presence of substitute products in the market |
5 India Aluminum Sulfide Market Trends |
6 India Aluminum Sulfide Market, By Types |
6.1 India Aluminum Sulfide Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum Sulfide Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Aluminum Sulfide Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.1.4 India Aluminum Sulfide Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.1.5 India Aluminum Sulfide Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.1.6 India Aluminum Sulfide Market Revenues & Volume, By Paper and Pulp, 2021-2031F |
6.1.7 India Aluminum Sulfide Market Revenues & Volume, By Others, 2021-2031F |
7 India Aluminum Sulfide Market Import-Export Trade Statistics |
7.1 India Aluminum Sulfide Market Export to Major Countries |
7.2 India Aluminum Sulfide Market Imports from Major Countries |
8 India Aluminum Sulfide Market Key Performance Indicators |
8.1 Number of new water treatment projects in India utilizing aluminum sulfide |
8.2 Percentage increase in aluminum sulfide usage in pharmaceutical manufacturing |
8.3 Adoption rate of aluminum sulfide-based products in the agriculture industry |
9 India Aluminum Sulfide Market - Opportunity Assessment |
9.1 India Aluminum Sulfide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aluminum Sulfide Market - Competitive Landscape |
10.1 India Aluminum Sulfide Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum Sulfide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |