Product Code: ETC203976 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Calcium cyanide is an inorganic compound used primarily as a pesticide and fumigant. It is also used for metal plating, gold extraction, and other industrial applications. In India, the market for calcium cyanide has gained significant traction due to growing demand from agricultural sectors such as cotton farming, fruit orchards, sugarcane plantations and so on. According to the data published by 6Wresearch, India total production of cotton was approximately 5.3 million metric tons in 2020-21 which is up by 8% compared to previous year???s output of 4.9 million metric tons reported in 2019-20 fiscal year..Furthermore, India government initiatives towards achieving self reliance in agriculture sector along with expanding its key export markets have been driving the growth of calcium cyanide market over past few years. Moreover, rising investments from major players into research & development activities related to calcium cyanide will further fuel the industry growth during 2021-2026 period worldwide including India too.
Growing demand from agricultural sector for pest control application coupled with increasing adoption of advanced crop protection technologies are some of the primary factors propelling the India calcium cyanide market growth till 2026 projections timeframe. Growing awareness among farmers regarding various plant diseases caused due to pests infestation has driven them towards adopting cost effective methods such as pesticides containing calcium cynanides which can be easily obtained at lower prices from local vendors resulting into increased sales volume across different regions throughout country. Additionally , favorable government policies related to import duties exemption on certain products imported from foreign countries will also provide impetus for increased availability of cost efficient products thereby fueling overall segmental expansion upto 2026 timeline.
However , stringent environmental norms imposed by state regulatory authorities while prohibiting large scale use of chemical pesticides containing calcium cynanides due to high toxicity levels associated with it poses major challenge hindering industry player`s revenue generation opportunities across nation. Other than this , easy availability counterfeit products at cheaper rates hampering brand image leading towards decreased sales figures thereby limiting profit margins during forecast period 2021 - 2026 timeframe.
Some prominent players operating within India Calcium Cynanides Market include SIKA AG , Niacet Corporation , Akzo Nobel NV , Albright & Wilson Ltd., Dow Chemical Co., ERCO Worldwide Inc., PVS Chemicals Inc., Lonza Group Ltd.
The Covid-19 pandemic has had a significant impact on the India calcium cyanide market. The disruption in international and domestic supply chain networks, coupled with weak demand from end-use industries such as mining and electroplating, have resulted in reduced production of calcium cyanide. Moreover, stringent government regulations pertaining to hazardous chemicals and their transportation are also expected to negatively affect the growth of this market during the forecast period. On the brighter side, rising investments by manufacturers for product innovation are likely to create new opportunities for industry players over the next few years.
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 Calcium Cyanide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Calcium Cyanide Market Revenues & Volume, 2020 & 2030F |
3.3 India Calcium Cyanide Market - Industry Life Cycle |
3.4 India Calcium Cyanide Market - Porter's Five Forces |
3.5 India Calcium Cyanide Market Revenues & Volume Share, By By Application, 2020 & 2030F |
3.6 India Calcium Cyanide Market Revenues & Volume Share, By By Type, 2020 & 2030F |
4 India Calcium Cyanide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Calcium Cyanide Market Trends |
6 India Calcium Cyanide Market, By Types |
6.1 India Calcium Cyanide Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 India Calcium Cyanide Market Revenues & Volume, By By Application, 2020-2030F |
6.1.3 India Calcium Cyanide Market Revenues & Volume, By Mining Industry, 2020-2030F |
6.1.4 India Calcium Cyanide Market Revenues & Volume, By Agrochemical, 2020-2030F |
6.1.5 India Calcium Cyanide Market Revenues & Volume, By Other, 2020-2030F |
6.2 India Calcium Cyanide Market, By By Type |
6.2.1 Overview and Analysis |
6.2.2 India Calcium Cyanide Market Revenues & Volume, By Solid Flake Calcium Cyanide, 2020-2030F |
6.2.3 India Calcium Cyanide Market Revenues & Volume, By Powder Calcium Cyanide, 2020-2030F |
6.2.4 India Calcium Cyanide Market Revenues & Volume, By Liquid Calcium Cyanide, 2020-2030F |
7 India Calcium Cyanide Market Import-Export Trade Statistics |
7.1 India Calcium Cyanide Market Export to Major Countries |
7.2 India Calcium Cyanide Market Imports from Major Countries |
8 India Calcium Cyanide Market Key Performance Indicators |
9 India Calcium Cyanide Market - Opportunity Assessment |
9.1 India Calcium Cyanide Market Opportunity Assessment, By By Application, 2020 & 2030F |
9.2 India Calcium Cyanide Market Opportunity Assessment, By By Type, 2020 & 2030F |
10 India Calcium Cyanide Market - Competitive Landscape |
10.1 India Calcium Cyanide Market Revenue Share, By Companies, 2023 |
10.2 India Calcium Cyanide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |