Product Code: ETC103783 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Methyl isobutyl ketone Market registered a decline of -28.79% in value shipments in 2022 as compared to 2021 and an increase of 13.68% CAGR in 2022 over a period of 2017. In Methyl isobutyl ketone Market India is becoming less competitive as HHI index in 2022 was 6462 while in 2017 it was 2233. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Methyl isobutyl ketone Market.
India Methyl isobutyl ketone (MIBK) market is expected to witness significant growth in the coming years, owing to rising demand from various end-use industries such as automotive, pharmaceuticals, and paints & coatings. The growing use of MIBK in solvent blending applications in India will further bolster the product demand over the forecast period. Moreover, increasing investments by foreign companies coupled with technological advancements are likely to propel the market growth.
Indiamethyl isobutyl ketone (MIBK) market has been growing steadily in recent years, driven by increasing demand from a variety of industries. The paint and coatings industry is the largest consumer of MIBK, using it as a solvent for paints, coatings, printing inks and adhesives. It is also used as an intermediate in the production of plasticizers and synthetic resins. Additionally, MIBK finds applications in metal cleaning processes such as electroplating or aluminum etching; it can be used to clean surfaces prior to painting them due to its low surface tension properties. Other uses include printed circuit board manufacturing and textile dyeing. These factors have contributed significantly to the growth of India MIBK market over the past few years.
The key challenges faced by the India methyl isobutyl ketone market are volatile raw material prices due to fluctuations in petrochemical feedstock markets and environmental concerns related to usage of solvents including MIBK.
The major players operating in India methyl isobutyl ketone (MIBK)market include subsidiaries/joint ventures of multinational companies such as BASF SE, DIC Corporation, Eastman Chemical Company , Honeywell International Inc., among others
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 Methyl isobutyl ketone Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Methyl isobutyl ketone Market Revenues & Volume, 2020 & 2027F |
3.3 India Methyl isobutyl ketone Market - Industry Life Cycle |
3.4 India Methyl isobutyl ketone Market - Porter's Five Forces |
3.5 India Methyl isobutyl ketone Market Revenues & Volume Share, By Applications, 2020 & 2027F |
3.6 India Methyl isobutyl ketone Market Revenues & Volume Share, By End-user Industry, 2020 & 2027F |
4 India Methyl isobutyl ketone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Methyl isobutyl ketone Market Trends |
6 India Methyl isobutyl ketone Market, By Types |
6.1 India Methyl isobutyl ketone Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 India Methyl isobutyl ketone Market Revenues & Volume, By Applications, 2018 - 2027F |
6.1.3 India Methyl isobutyl ketone Market Revenues & Volume, By Solvents, 2018 - 2027F |
6.1.4 India Methyl isobutyl ketone Market Revenues & Volume, By Rubber Processing Chemicals, 2018 - 2027F |
6.1.5 India Methyl isobutyl ketone Market Revenues & Volume, By Surfactants, 2018 - 2027F |
6.1.6 India Methyl isobutyl ketone Market Revenues & Volume, By Denaturant, 2018 - 2027F |
6.1.7 India Methyl isobutyl ketone Market Revenues & Volume, By Other Applications, 2018 - 2027F |
6.2 India Methyl isobutyl ketone Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 India Methyl isobutyl ketone Market Revenues & Volume, By Paints and Coatings, 2018 - 2027F |
6.2.3 India Methyl isobutyl ketone Market Revenues & Volume, By Pharmaceuticals, 2018 - 2027F |
6.2.4 India Methyl isobutyl ketone Market Revenues & Volume, By Rubber, 2018 - 2027F |
6.2.5 India Methyl isobutyl ketone Market Revenues & Volume, By Other End-user Industries, 2018 - 2027F |
7 India Methyl isobutyl ketone Market Import-Export Trade Statistics |
7.1 India Methyl isobutyl ketone Market Export to Major Countries |
7.2 India Methyl isobutyl ketone Market Imports from Major Countries |
8 India Methyl isobutyl ketone Market Key Performance Indicators |
9 India Methyl isobutyl ketone Market - Opportunity Assessment |
9.1 India Methyl isobutyl ketone Market Opportunity Assessment, By Applications, 2020 & 2027F |
9.2 India Methyl isobutyl ketone Market Opportunity Assessment, By End-user Industry, 2020 & 2027F |
10 India Methyl isobutyl ketone Market - Competitive Landscape |
10.1 India Methyl isobutyl ketone Market Revenue Share, By Companies, 2020 |
10.2 India Methyl isobutyl ketone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |