Product Code: ETC190656 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Zinc Chemicals market currently, in 2023, has witnessed an HHI of 1208, Which has decreased slightly as compared to the HHI of 1454 in 2017. The market is moving towards highly competitive. 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 fewer numbers of players or countries exporting in the market.
India is the second-largest producer of refined zinc in the world. The country produces around 4 million tons annually, primarily from Hindustan Zinc Limited (HZL). India is also one of the leading consumers of zinc chemicals and accounts for more than 15% of global consumption. Growing infrastructure and automotive sectors are expected to drive the market over the forecast period.
The rising demand from end user industries such as construction, automotive manufacturing and consumer goods is driving growth in the India zinc chemical market. The increasing investments into infrastructure projects by both public sector companies and private players along with government initiatives such as smart cities development program have further helped stimulate market growth. Furthermore, technological advancements related to usage of alternative materials has also opened up opportunities for new applications which could help drive further growth in this space going forward.
However there are certain factors that may hinder market growth including high import duties imposed on raw materials used by domestic manufacturers which increases their costs making it difficult for them to remain competitive against foreign suppliers who do not face similar levies. In addition volatile prices of raw material may lead to increased cost of production leading to higher finished product prices thus adversely impacting overall sales volume eventually leading to decreased profits or even losses depending upon commodity price fluctuations.
Some of major key players operating in India zinc chemicals include Metlok Industries Pvt Ltd., Vinnox Technologies Pvt Ltd., S R Udyog Group Of Companies, Arvind Remedies Ltd., Archana Chemicals Private Limited among others offering wide range products catering different categories like Chlorides & Sulphates , Oxides & Oxide Compositions , Carbonates etc.. These players have focused on developing technologically advanced products according availability resources which can be sold at competitive rates enabling them gain larger share within overall industry landscape.
The outbreak Covid 19 pandemic has had significant impact on global economy having serious implications due disruption supply chain operations resulting shortage essential commodities delivery delays. This situation worsened long term prospects many businesses across all sectors especially small medium sized enterprises SMEs. Since majority these firms were heavily dependent physical stores selling goods services had no option but temporarily shut down operations till situation improved.. Such disruptions caused due pandemic led decline demand chemical products particularly among core end users such
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 Zinc Chemicals Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Zinc Chemicals Market Revenues & Volume, 2020 & 2030F |
3.3 India Zinc Chemicals Market - Industry Life Cycle |
3.4 India Zinc Chemicals Market - Porter's Five Forces |
3.5 India Zinc Chemicals Market Revenues & Volume Share, By By Type, 2020 & 2030F |
3.6 India Zinc Chemicals Market Revenues & Volume Share, By By End-user Industry, 2020 & 2030F |
4 India Zinc Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Zinc Chemicals Market Trends |
6 India Zinc Chemicals Market, By Types |
6.1 India Zinc Chemicals Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 India Zinc Chemicals Market Revenues & Volume, By By Type, 2020-2030F |
6.1.3 India Zinc Chemicals Market Revenues & Volume, By Zinc Oxide, 2020-2030F |
6.1.4 India Zinc Chemicals Market Revenues & Volume, By Zinc Sulfate, 2020-2030F |
6.1.5 India Zinc Chemicals Market Revenues & Volume, By Zinc Carbonate, 2020-2030F |
6.1.6 India Zinc Chemicals Market Revenues & Volume, By Zinc Chloride, 2020-2030F |
6.1.7 India Zinc Chemicals Market Revenues & Volume, By Other, 2020-2030F |
6.2 India Zinc Chemicals Market, By By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 India Zinc Chemicals Market Revenues & Volume, By Agriculture, 2020-2030F |
6.2.3 India Zinc Chemicals Market Revenues & Volume, By Chemicals and Petrochemicals, 2020-2030F |
6.2.4 India Zinc Chemicals Market Revenues & Volume, By Ceramic, 2020-2030F |
6.2.5 India Zinc Chemicals Market Revenues & Volume, By Pharmaceutical, 2020-2030F |
6.2.6 India Zinc Chemicals Market Revenues & Volume, By Paints and Coatings, 2020-2030F |
6.2.7 India Zinc Chemicals Market Revenues & Volume, By Rubber Processing, 2020-2030F |
7 India Zinc Chemicals Market Import-Export Trade Statistics |
7.1 India Zinc Chemicals Market Export to Major Countries |
7.2 India Zinc Chemicals Market Imports from Major Countries |
8 India Zinc Chemicals Market Key Performance Indicators |
9 India Zinc Chemicals Market - Opportunity Assessment |
9.1 India Zinc Chemicals Market Opportunity Assessment, By By Type, 2020 & 2030F |
9.2 India Zinc Chemicals Market Opportunity Assessment, By By End-user Industry, 2020 & 2030F |
10 India Zinc Chemicals Market - Competitive Landscape |
10.1 India Zinc Chemicals Market Revenue Share, By Companies, 2023 |
10.2 India Zinc Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |