Product Code: ETC199656 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Sodium Metal Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 12.72% in 2028, following an initial rate of 11.51%, before easing to 12.34% at the end of the period.
India is the world`s third-largest producer and consumer of sodium metal. It has an installed capacity of 70,000 tonnes per annum (tpa). The country produces both electrolytic and metallothermic grade sodium metal with most production concentrated in the south India states of Tamil Nadu and Karnataka. India export market for sodium metal is mainly supported by its close proximity to China, which is one of the largest importers.
The primary driver for growth in India Sodium Metal market include increasing demand from key end-user industries such as automobile, pharmaceuticals, chemicals & dyes, paper & pulp etc., due to rising population coupled with increased industrialization across sectors. Additionally, government initiatives such as Make In India are expected to further enhance domestic manufacturing capabilities resulting in a boost for local producers. Furthermore, improving access to raw materials at competitive prices along with technological advancements are other factors that will drive growth going forward.
However there exist certain challenges which might impede growth in this segment including stringent environmental regulations regarding process emissions and effluent discharge norms imposed by regulatory bodies such as CPCB (Central Pollution Control Board) etc., thereby leading to higher costs associated with compliance measures undertaken by manufacturers resulting in potential loss of profit margins on product sales. Furthermore Excessive competition from imported Chinese products can also be an issue given comparatively lower pricing along with availability issues arising due to current COVID 19 pandemic situation etc., may lead them to seek alternate sources thus impacting local producers negatively over time if proper steps aren`t taken quickly enough mitigating these risks proactively.
Some of the major players operating within this industry space includes names like GHCL Ltd , Gujarat Alkalies & Chemicals Ltd , Riddhi Siddhi Chemical Industries Pvt Ltd , Sreema Metals Pvt Ltd among others.
The Covid 19 pandemic had a severely negative impact on all industrial activities worldwide , similar trends were seen within India Sodium Metal Market too however it has since recovered significantly though not completely yet but it should reach pre covid levels soon enough depending upon how well global economy recovers over next few months provided no second wave occurs otherwise impacts maybe longer lasting than anticipated earlier.
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 Metal Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Metal Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Metal Market - Industry Life Cycle |
3.4 India Sodium Metal Market - Porter's Five Forces |
3.5 India Sodium Metal Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Sodium Metal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium Metal Market Trends |
6 India Sodium Metal Market, By Types |
6.1 India Sodium Metal Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Metal Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 India Sodium Metal Market Revenues & Volume, By Chemical Synthesis, 2021-2031F |
6.1.4 India Sodium Metal Market Revenues & Volume, By Metal Manufacturing & Refining, 2021-2031F |
6.1.5 India Sodium Metal Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.6 India Sodium Metal Market Revenues & Volume, By Others, 2021-2031F |
7 India Sodium Metal Market Import-Export Trade Statistics |
7.1 India Sodium Metal Market Export to Major Countries |
7.2 India Sodium Metal Market Imports from Major Countries |
8 India Sodium Metal Market Key Performance Indicators |
9 India Sodium Metal Market - Opportunity Assessment |
9.1 India Sodium Metal Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Sodium Metal Market - Competitive Landscape |
10.1 India Sodium Metal Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Metal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |