Product Code: ETC199176 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The sodium thiocyanate market in India is expected to witness a steady growth over the forecast period. This can be attributed to its wide range of applications and high demand from various industries such as pharmaceuticals, agrochemicals, dyes & pigments, metal finishing chemicals, water treatment chemicals, photographic developers etc. Furthermore, growing demand for crop protection products and biopesticides across the region coupled with rising concerns regarding environment protection are further anticipated to boost the growth of this industry during the forecast period.
Sodium Thiocyanate (NaSCN) is an organic compound which has diverse applications in different industries like pharmaceuticals, agrochemicals, dyes & pigments and other chemical processing activities. It is majorly used as a food preservative owing to its anti-fungal properties. Additionally it also finds application in developing silver halide photography films along with being used as an intermediate in dye manufacturing process and electroplating processes. In agricultural sector sodium thiocyanate acts as insecticides or fungicides against plant diseases caused by bacteria or fungi which can destroy entire crops if not controlled within time. Being highly soluble it blends easily into water bodies thus supporting aquatic life too when applied agriculturally at proper dosages only. Apart from these uses , Sodium Thiocyanate also finds application in metal cleaning , leather tanning , production of synthetic rubber etc.
Growing Demand from Various Industries ??? The growing demand for sodium thiocyanate from various industries such as pharmaceuticals, agrochemicals, dyes & pigments Metal finishing chemicals etc., have been driving the market growth over recent years. Its ability to act both as a fungicide/insecticide while supporting aquatic life too makes it ideal choice for agricultural purposes too thereby boosting its overall usage across many sectors.. Moreover its increasing use especially during covid-19 outbreak due to rising demand for disinfectants again boosts up its requirement thus contributing significantly towards overall market revenue generation.Over past few years there has been a significant rise concerning environmental hazards owing to hazardous industrial waste disposal practices that lead toward land pollution mostly through human negligence. As Sodium Thicoyanates are non toxic compounds they provide safer alternative solutions compared to other hazardous compounds like cyanuric acid hence leading more consumers towards using them more often than before due their eco.
The key players operating in this industry include Akzonobel NV (Netherlands), Solvay SA (Belgium) , Clariant AG (Switzerland), BASF SE (Germany),Honeywell International Inc.(U.S.), Niacet Corporation (U.S.), TATA Chemicals Limited(India).
The COVID-19 pandemic has had an impact on the India sodium thiocyanate market. The demand for sodium thiocyanate in India is expected to be negatively impacted due to the disruption of supply chains and decline in production capacities. The India government`s nationwide lockdown measures in response to rising COVID-19 cases have also adversely affected businesses operating within the country. Furthermore, global trade disruptions caused by restricted movements and stringent border controls may further impede the smooth flow of imports and exports from India, hampering market growth.
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 Thiocyanate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Thiocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Thiocyanate Market - Industry Life Cycle |
3.4 India Sodium Thiocyanate Market - Porter's Five Forces |
3.5 India Sodium Thiocyanate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Sodium Thiocyanate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Sodium Thiocyanate Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Sodium Thiocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium Thiocyanate Market Trends |
6 India Sodium Thiocyanate Market, By Types |
6.1 India Sodium Thiocyanate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Thiocyanate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Sodium Thiocyanate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.4 India Sodium Thiocyanate Market Revenues & Volume, By Technical Grade, 2021-2031F |
6.1.5 India Sodium Thiocyanate Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 India Sodium Thiocyanate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Thiocyanate Market Revenues & Volume, By Chemical Analysis Reagent, 2021-2031F |
6.2.3 India Sodium Thiocyanate Market Revenues & Volume, By Polyacrylonitrile Fiber Spinning Solvent, 2021-2031F |
6.2.4 India Sodium Thiocyanate Market Revenues & Volume, By Color Film Rinses, 2021-2031F |
6.2.5 India Sodium Thiocyanate Market Revenues & Volume, By Defoliants, 2021-2031F |
6.2.6 India Sodium Thiocyanate Market Revenues & Volume, By Propylene Fiber, 2021-2031F |
6.3 India Sodium Thiocyanate Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 India Sodium Thiocyanate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.3 India Sodium Thiocyanate Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 India Sodium Thiocyanate Market Revenues & Volume, By Fiber, 2021-2031F |
6.3.5 India Sodium Thiocyanate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.6 India Sodium Thiocyanate Market Revenues & Volume, By Others, 2021-2031F |
7 India Sodium Thiocyanate Market Import-Export Trade Statistics |
7.1 India Sodium Thiocyanate Market Export to Major Countries |
7.2 India Sodium Thiocyanate Market Imports from Major Countries |
8 India Sodium Thiocyanate Market Key Performance Indicators |
9 India Sodium Thiocyanate Market - Opportunity Assessment |
9.1 India Sodium Thiocyanate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Sodium Thiocyanate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Sodium Thiocyanate Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Sodium Thiocyanate Market - Competitive Landscape |
10.1 India Sodium Thiocyanate Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Thiocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |