India Organic Chemicals Market (2023-2029) | Size, Forecast, Value, Trends, Share, Industry, Companies, Growth, COVID-19 IMPACT, Outlook, Revenue & Analysis

India Organic Chemicals Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by USA. It has registered a growth of 2.64% over the previous year. While USA registered a decline of -27% as compare to the previous year. In the year 2017 China was the largest exporter followed by USA. In term of Herfindahl Index, which measures the competitiveness of countries exporting, India has the Herfindahl index of 5598 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  5746 which signifies high concentration in the market.

India Organic Chemicals Market - Export Market Opportunities

Topics Covered in the India Organic Chemicals Market

India Organic Chemicals Market report thoroughly covers the market by source, by product types, and by end-use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Organic Chemicals Market Synopsis

India Organic Chemicals Market is projected to grow over the years owing to several growth drivers.  The Indian government has also been promoting the use of organic products through various initiatives aimed at improving agricultural practices and boosting exports. This has led to an increase in production of organic raw materials such as herbs, spices, and essential oils. Moreover, India's strategic location makes it an ideal hub for exporting organic products to other parts of the world. This has further fueled the growth of Asia Pacific Organic Chemicals Market.

According to 6Wresearch, the India Organic Chemicals Market is expected to grow at steady pace during the forecast period 2023-2029. The India Organic Chemicals Market witnessed significant growth in recent years on the back of an increasing demand for organic chemicals in various end-use industries. The primary drivers of this market are the growing popularity of eco-friendly products among consumers. Moreover, government initiatives promoting sustainable development and environmental protection have boosted the production and consumption of organic chemicals in India to a great extent. Additionally, rising foreign investments and collaborations between domestic and international players have created new opportunities for market expansion. Despite these growth drivers, the India Organic Chemicals Industry faces several challenges that could impede its progress. For instance, the high cost associated with research and development activities related to organic chemicals manufacturing. Furthermore, lack of awareness about eco-friendly products among consumers hampers market penetration.

COVID-19 influence on the India Organic Chemicals Market

The India Organic Chemicals Market Growth was significantly impacted by the global COVID-19 pandemic. The lockdown imposed by the government resulted in the shutdown of several industries, leading to a massive decline in demand for organic chemicals. Many small and medium-sized enterprises (SMEs) were severely affected as they struggled with their cash flow, which led to production cuts and layoffs. However, some organic chemical manufacturers experienced an increase in demand as certain industries such as pharmaceuticals saw an upsurge during this period. Furthermore, with people becoming more aware of health and hygiene practices amidst this global health crisis, there was also an increased demand for sanitizers that led to higher consumption of organic chemicals.

Key players in the India Organic Chemicals Market

The India organic chemicals market size has been expanding rapidly over the years. With a wide range of applications across pharmaceuticals, agriculture, food & beverages, textiles, and plastics industries, the sector is witnessing tremendous growth during the forecast period.

• Deepak Nitrite Limited
• Tata Chemicals Ltd.
• Gujarat Alkalies and Chemicals Limited (GACL)
• BASF India Ltd.
• Atul Ltd.
• UPL Limited etc.

The future of the India Organic Chemicals Market

The India Organic Chemicals Market is forecast to grow in the future years. Despite the COVID-19 pandemic affecting the market, it is anticipated to keep growing in the future. With increased demand for organic chemicals in pharmaceuticals, textiles, food & beverages industries, there are numerous growth drivers that will boost the India Organic Chemicals Market Growth. Moreover, government initiatives are further boosting this industry's growth prospects. However, there are still several challenges faced by this sector which includes low-cost manufacturing alternatives from other countries and environmental concerns.

Market Analysis by Source

According to Vasudha, Senior Research Analyst, 6Wresearch, Natural segment includes organic chemicals that are derived from plants, animals, and minerals. The demand for natural organic chemicals has been growing owing to increasing consumer preference for eco-friendly and sustainable products.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• India Organic Chemicals Market Outlook
• Market Size of India Organic Chemicals Market, 2022
• Forecast of India Organic Chemicals Market, 2029
• Historical Data and Forecast of India Organic Chemicals Revenues & Volume for the Period 2019 - 2029
• India Organic Chemicals Market Trend Evolution
• India Organic Chemicals Market Drivers and Challenges
• India Organic Chemicals Price Trends
• India Organic Chemicals Porter's Five Forces
• India Organic Chemicals Industry Life Cycle
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Source for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Natural for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Synthetic for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Product Type for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Acetic Acid for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Ethyl Alcohol for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Methanol for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Formaldehyde for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Aldehydes for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Citric Acid for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Ketones for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By End-use for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Pharmaceuticals for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Pesticides for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Agrochemicals for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Plastics and Polymers for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Cosmetics for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Food & Beverages for the Period 2019 - 2029
• Historical Data and Forecast of India Organic Chemicals Market Revenues & Volume By Others for the Period 2019 - 2029
• India Organic Chemicals Import Export Trade Statistics
• Market Opportunity Assessment By Source
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By End-use
• India Organic Chemicals Top Companies Market Share
• India Organic Chemicals Competitive Benchmarking By Technical and Operational Parameters
• India Organic Chemicals Company Profiles
• India Organic Chemicals Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Source

• Natural
• Synthetic

By Product Type

• Acetic Acid
• Ethyl Alcohol
• Methanol
• Formaldehyde
• Aldehydes
• Citric Acid
• Ketones
• Others

By End-Use

• Pharmaceuticals
• Pesticides
• Agrochemicals
• Plastics And Polymers
• Cosmetics
• Food & Beverages
• Others

Frequently Asked Questions About the Market Study: FAQs