Product Code: ETC096883 | 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 Sodium bromide Market registered a growth of 203.61% in value shipments in 2022 as compared to 2021 and an increase of 11.32% CAGR in 2022 over a period of 2017. In Sodium bromide Market India is becoming less competitive as HHI index in 2022 was 4357 while in 2017 it was 2189. 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 Sodium bromide Market.
The sodium bromide market in India is expected to register a CAGR of 4.4% during the forecast period. Growing demand for energy efficient products in the chemical industry coupled with increasing applications of bromide compounds across various industries is driving the growth of the market in India.
The key drivers of growth includes high demand from medical and pharmaceutical sectors; rising awareness about food safety; increased adoption of water treatment technologies; and growing industrialization across India. The main challenges faced by manufacturers are supply chain disruptions due to Covid-19 pandemic, stringent environmental regulations imposed by government authorities, volatile raw material costs, competition from substitute chemicals such as chlorine compounds, etc.
High cost involved with manufacturing process : It requires high capital investments along with skilled labor force resulting into higher manufacturing costs thus hindering overall profitability potentials associated with Sodium Bromides business ecosystem which might restrict mass scale adoptions and deployments by end use customers across industrial sectors like agrochemicals etc., hampering overall sales volumes & revenues generated from India Market place.
Some key players operating in IndiaSodium Bromide Market include Gujarat Alkalies and Chemicals Limited (GACL), Gufic Biosciences Ltd., Shreeji Industries, Nirlon Ltd., Rallis India Ltd., Aarti Industries Limited, Zydus Cadila Healthcare Ltd., Novochem Engineering India LLP amongst 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 Sodium bromide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium bromide Market Revenues & Volume, 2020 & 2027F |
3.3 India Sodium bromide Market - Industry Life Cycle |
3.4 India Sodium bromide Market - Porter's Five Forces |
3.5 India Sodium bromide Market Revenues & Volume Share, By Grade, 2020 & 2027F |
3.6 India Sodium bromide Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.7 India Sodium bromide Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 India Sodium bromide Market Revenues & Volume Share, By End-use Industry, 2020 & 2027F |
4 India Sodium bromide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium bromide Market Trends |
6 India Sodium bromide Market, By Types |
6.1 India Sodium bromide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Sodium bromide Market Revenues & Volume, By Grade, 2018 - 2027F |
6.1.3 India Sodium bromide Market Revenues & Volume, By Medical Grade, 2018 - 2027F |
6.1.4 India Sodium bromide Market Revenues & Volume, By Industrial Grade, 2018 - 2027F |
6.1.5 India Sodium bromide Market Revenues & Volume, By Agriculture Grade, 2018 - 2027F |
6.1.6 India Sodium bromide Market Revenues & Volume, By Cosmetic Grade, 2018 - 2027F |
6.1.7 India Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Sodium bromide Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Sodium bromide Market Revenues & Volume, By Powder, 2018 - 2027F |
6.2.3 India Sodium bromide Market Revenues & Volume, By Liquid, 2018 - 2027F |
6.2.4 India Sodium bromide Market Revenues & Volume, By Granular, 2018 - 2027F |
6.2.5 India Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 India Sodium bromide Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Sodium bromide Market Revenues & Volume, By Printing and Dyeing, 2018 - 2027F |
6.3.3 India Sodium bromide Market Revenues & Volume, By Medicine, 2018 - 2027F |
6.3.4 India Sodium bromide Market Revenues & Volume, By Cleaning and Furnishing Care Products, 2018 - 2027F |
6.3.5 India Sodium bromide Market Revenues & Volume, By Disinfectants, 2018 - 2027F |
6.3.6 India Sodium bromide Market Revenues & Volume, By Petroleum, 2018 - 2027F |
6.3.7 India Sodium bromide Market Revenues & Volume, By Water Treatment Products, 2018 - 2027F |
6.3.8 India Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.3.9 India Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 India Sodium bromide Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 India Sodium bromide Market Revenues & Volume, By Water and Wastewater, 2018 - 2027F |
6.4.3 India Sodium bromide Market Revenues & Volume, By Food and Nutrition, 2018 - 2027F |
6.4.4 India Sodium bromide Market Revenues & Volume, By Oil and Gas, 2018 - 2027F |
6.4.5 India Sodium bromide Market Revenues & Volume, By Construction, 2018 - 2027F |
6.4.6 India Sodium bromide Market Revenues & Volume, By Coatings and Lubricants, 2018 - 2027F |
6.4.7 India Sodium bromide Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.4.8 India Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.4.9 India Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Sodium bromide Market Import-Export Trade Statistics |
7.1 India Sodium bromide Market Export to Major Countries |
7.2 India Sodium bromide Market Imports from Major Countries |
8 India Sodium bromide Market Key Performance Indicators |
9 India Sodium bromide Market - Opportunity Assessment |
9.1 India Sodium bromide Market Opportunity Assessment, By Grade, 2020 & 2027F |
9.2 India Sodium bromide Market Opportunity Assessment, By Form, 2020 & 2027F |
9.3 India Sodium bromide Market Opportunity Assessment, By Application, 2020 & 2027F |
9.4 India Sodium bromide Market Opportunity Assessment, By End-use Industry, 2020 & 2027F |
10 India Sodium bromide Market - Competitive Landscape |
10.1 India Sodium bromide Market Revenue Share, By Companies, 2020 |
10.2 India Sodium bromide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |