Product Code: ETC198936 | 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 tungstate market in India is expected to witness significant growth during the forecast period on account of its increasing use in various industries such as chemical manufacturing, construction materials production, and water treatment plants. Moreover, government initiatives such as Make In India plans have enabled the local industry to manufacture high-grade products that are cost-effective compared to imported ones. Additionally, the growing adoption of sodium tungstate by major players like Hindalco Industries Ltd., Umicore Group, Witzenmann GmbH & Co KG Germany among others will further boost demand from domestic end users.
The growing demand for industrial goods across India markets due to increased urbanization has led to an increase in infrastructure projects which require raw material like Sodium Tungstate. This is likely to boost sales over time with greater availability at competitive prices resulting from developments made by local manufacturers who have good access to raw material sources across the country. With increasing environmental concerns about global warming and pollution levels rising every day globally; companies are increasingly looking towards adopting sustainable practices into their production processes so that they can reduce their carbon footprints while still producing quality goods at reasonable costs possible without any negative impacts on natural resources available around them leading towards higher demands for sodium tungstates being witnessed currently from multiple sectors ranging from chemicals & petrochemicals all the way up till automotive industries providing better opportunities for growth within this sector going forward too if appropriate measures continue being taken consistently enough without interruption or delays occurring along any stage throughout entire process involved here eventually leading towards much more favorable outcomes anticipated over long run accordingly then respectively before anything else happens firstly beforehand itself eventually potentially perhaps.
Restrictive Regulations For Domestic Manufacturers To Compete On Global Platforms ??? Currently there exist certain restrictive regulations imposed upon domestic manufacturers operating in India preventing them from competing effectively against large overseas organizations who may enjoy advantages related directly linked back relating associated concerning funding sources based outside nation itself considerably diminishing potential.
The key players operating in the India Sodium Tungstate market are Merck KGaA, H.C. Starck GmbH, Alfa Aesar (Johnson Matthey Group), Wuhan Hezhong Bio-Chemical Manufacture Co., Ltd., American Elements, Strem Chemicals Inc., Shanghai Yixin Chemical Co. Ltd, Zhengzhou Donglin Sci&Tech Development Co. Ltd., Chengdu Qiaofeng Technology Co., LTD , and others.
The impact of Covid-19 on the India sodium tungstate market has been mixed. On one hand, due to the lockdown measures imposed by the government in order to mitigate the spread of Covid-19, many industries have suffered a decline in production and sales, leading to decreased demand for sodium tungstate. This has led to an overall decrease in prices across the country as well as decreased revenue and profitability for manufacturers. On the other hand, some sectors such as pharmaceuticals have seen increased demand for certain chemicals including sodium tungstate due to its potential applications in drug discovery and development during this pandemic period. Additionally, availability of raw materials like tin ore which are used for producing sodium tungstate is also reported to be stable despite of economic disruptions caused by Covid- 19 pandemic.
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 Tungstate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Tungstate Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Tungstate Market - Industry Life Cycle |
3.4 India Sodium Tungstate Market - Porter's Five Forces |
3.5 India Sodium Tungstate Market Revenues & Volume Share, By By Grade, 2021 & 2031F |
3.6 India Sodium Tungstate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.7 India Sodium Tungstate Market Revenues & Volume Share, By By End User Industry, 2021 & 2031F |
4 India Sodium Tungstate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium Tungstate Market Trends |
6 India Sodium Tungstate Market, By Types |
6.1 India Sodium Tungstate Market, By By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Tungstate Market Revenues & Volume, By By Grade, 2021-2031F |
6.1.3 India Sodium Tungstate Market Revenues & Volume, By Acs Reagent Grade, 2021-2031F |
6.1.4 India Sodium Tungstate Market Revenues & Volume, By Technical Grade, 2021-2031F |
6.1.5 India Sodium Tungstate Market Revenues & Volume, By Grade I (99.5%), 2021-2031F |
6.1.6 India Sodium Tungstate Market Revenues & Volume, By Grade Ii (98.5%), 2021-2031F |
6.2 India Sodium Tungstate Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Tungstate Market Revenues & Volume, By Anti-Diabetic Agent, 2021-2031F |
6.2.3 India Sodium Tungstate Market Revenues & Volume, By Anti-Obesity Agent, 2021-2031F |
6.2.4 India Sodium Tungstate Market Revenues & Volume, By Catalyst, 2021-2031F |
6.2.5 India Sodium Tungstate Market Revenues & Volume, By Permanent Chemical Modifier, 2021-2031F |
6.2.6 India Sodium Tungstate Market Revenues & Volume, By Fuel-Cell Electrode Material, 2021-2031F |
6.2.7 India Sodium Tungstate Market Revenues & Volume, By Fire Proofing Agent, 2021-2031F |
6.3 India Sodium Tungstate Market, By By End User Industry |
6.3.1 Overview and Analysis |
6.3.2 India Sodium Tungstate Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.3.3 India Sodium Tungstate Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.3.4 India Sodium Tungstate Market Revenues & Volume, By Glass Industry, 2021-2031F |
6.3.5 India Sodium Tungstate Market Revenues & Volume, By Medical Industry, 2021-2031F |
6.3.6 India Sodium Tungstate Market Revenues & Volume, By Others, 2021-2031F |
7 India Sodium Tungstate Market Import-Export Trade Statistics |
7.1 India Sodium Tungstate Market Export to Major Countries |
7.2 India Sodium Tungstate Market Imports from Major Countries |
8 India Sodium Tungstate Market Key Performance Indicators |
9 India Sodium Tungstate Market - Opportunity Assessment |
9.1 India Sodium Tungstate Market Opportunity Assessment, By By Grade, 2021 & 2031F |
9.2 India Sodium Tungstate Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.3 India Sodium Tungstate Market Opportunity Assessment, By By End User Industry, 2021 & 2031F |
10 India Sodium Tungstate Market - Competitive Landscape |
10.1 India Sodium Tungstate Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Tungstate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |