Product Code: ETC089383 | 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 Oxalic acid Market registered a growth of 174.88% in value shipments in 2022 as compared to 2021 and an increase of 12.69% CAGR in 2022 over a period of 2017. In Oxalic acid Market India is becoming less competitive as HHI index in 2022 was 9801 while in 2017 it was 8791. 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 domestic production to meet its growing demand in Oxalic acid Market.
The India oxalic acid market is expected to witness a significant growth in the forecast period due to its increasing applications in various industries such as leather, metal processing, textile, pharmaceuticals and food & beverage. Rising demand for oxalic acid from these sectors is driving the growth of this market. The increasing awareness about health benefits associated with organic products including textiles and food supplements has also created an upsurge in demand for oxalic acid across India.
Some of the key drivers of IndiaOxalic Acid Market are Increasing use of bio-based chemicals; rising environmental concerns over synthetic chemicals used for industrial purposes; growing awareness among consumers regarding health benefits associated with organic products like textiles, food supplements etc.; government supportive initiatives to promote usage of bio based chemicals which can replace hazardous synthetic ones;developing infrastructure that enables easy access and availability of raw materials and end-products;and increasing R&D activities related to developmentof new products using oxalic acid derivatives.
Some challenges that may affect Oxalic Acid Market???s growth include stringent regulations by regional governments on the use of certain chemical compounds in certain consumer goods; high cost involved in manufacturing process when compared to traditional synthetic counterparts; lack of technical expertise required for production processes leading to increase operational costs; and competition from synthetic substitutes available at low cost prices along with higher efficiency rate than their oxidized counterparts.
Some key players operating in India Oxalic Acid Market are Gujarat Alkalis & Chemicals Ltd., Hindustan Organic Chemicals Limited (HOCL), Mylan Pharmaceuticals Pvt Ltd., Nirma Limited, SRF Limited ,Tata Chemicals Limited (TCL) , United Phosphorus Ltd.(UPL) , VVF LLC India Private Ltd., Zydus Cadila Healthcare Ltd., Ganesh Benzoplast Private Limited (GBPL).
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 Oxalic acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Oxalic acid Market Revenues & Volume, 2020 & 2027F |
3.3 India Oxalic acid Market - Industry Life Cycle |
3.4 India Oxalic acid Market - Porter's Five Forces |
3.5 India Oxalic acid Market Revenues & Volume Share, By Product Grade, 2020 & 2027F |
3.6 India Oxalic acid Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Oxalic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Oxalic acid Market Trends |
6 India Oxalic acid Market, By Types |
6.1 India Oxalic acid Market, By Product Grade |
6.1.1 Overview and Analysis |
6.1.2 India Oxalic acid Market Revenues & Volume, By Product Grade, 2018 - 2027F |
6.1.3 India Oxalic acid Market Revenues & Volume, By Dihydrate, 2018 - 2027F |
6.1.4 India Oxalic acid Market Revenues & Volume, By Anhydrous, 2018 - 2027F |
6.1.5 India Oxalic acid Market Revenues & Volume, By Solution, 2018 - 2027F |
6.2 India Oxalic acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Oxalic acid Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.2.3 India Oxalic acid Market Revenues & Volume, By Rare Earth Sampling, 2018 - 2027F |
6.2.4 India Oxalic acid Market Revenues & Volume, By Metal Processing, 2018 - 2027F |
6.2.5 India Oxalic acid Market Revenues & Volume, By Agriculture, 2018 - 2027F |
6.2.6 India Oxalic acid Market Revenues & Volume, By Chemicals, 2018 - 2027F |
6.2.7 India Oxalic acid Market Revenues & Volume, By Textile & leather, 2018 - 2027F |
7 India Oxalic acid Market Import-Export Trade Statistics |
7.1 India Oxalic acid Market Export to Major Countries |
7.2 India Oxalic acid Market Imports from Major Countries |
8 India Oxalic acid Market Key Performance Indicators |
9 India Oxalic acid Market - Opportunity Assessment |
9.1 India Oxalic acid Market Opportunity Assessment, By Product Grade, 2020 & 2027F |
9.2 India Oxalic acid Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Oxalic acid Market - Competitive Landscape |
10.1 India Oxalic acid Market Revenue Share, By Companies, 2020 |
10.2 India Oxalic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |