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Report
India Ethanol Derivatives Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, FY2015-FY2030
Online Database I 2023-05-01 I ChemAnalyst
The India Ethanol Derivatives market stood at approximately 650 thousand tonnes in FY2023 and is anticipated to grow at a steady CAGR of 4.83% in the forecast period by FY2030.
Owing to the growing consumption of Ethanol derivatives as a solvent in the country's aggressively growing pharmaceuticals and chemicals industry, the demand for these derivatives is anticipated to rise in the forecast period. Additionally, with the increase in per capita income and rising urbanization, the demand for ethanol derivatives is anticipated to grow enormously in the coming years. Molasses-based ethanol refineries have added new capacities, sensing a strong surge in the demand for ethanol and its derivatives from the downstream Paint & Coating and consumer sectors. Although, the usage of Ethanol derivatives for manufacturing paints & coatings is a major application. Owing to the fast-paced industrialization across India, the demand for paints & coatings will most likely swell up in the forecast period. All these factors are anticipated to positively augment the Ethanol Derivatives market in the forecast period and reach nearly 900 thousand tonnes in FY2030.
Based on region, the India Ethanol Derivatives Market is segregated into North, South, East, and West. Among these, North India has been dominating the market. In FY2022, North India accounted for approximately 35% of the market and is likely to dominate the market in the forthcoming years.
Based on end-use, the India Ethanol Derivatives market is divided into Paints, Coating & Adhesive, Personal Care and Cosmetics, Pharmaceutical, and Others. Although, the Paints, Coating & Adhesive sector is dominating the Ethanol Derivatives market. In FY2023, this sector held about 62% of the market share and is anticipated to dominate the market even in the forecast period.
Domestic players in the India Ethanol Derivatives market are India Glycols Limited, Jubliant Lifesciences, Godavari Biorefineries Limited, Laxmi Organic Industries Ltd, Laxmi Organic Industries Ltd, Ashok Alco chem Limited, Banstag Life sciences Pvt. Ltd, and Others. Other significant global players in the Ethanol Derivatives market are Celanese Corporation, Jiangmen Handsome, Jiangsu Jinmaoyuan Jiangu Sopo, Anhui Huayi, and Braskem.
Years considered for this report:
Historical Period: FY2015-FY2023
Base Year: FY2023
Estimated Year: FY2024
Forecast Period: FY2025- FY2030
Objective of the Study:
- To assess the demand-supply scenario of Ethanol Derivatives which covers production, demand and supply of Ethanol Derivatives market in India.
- To analyse and forecast the market size of Ethanol Derivatives in India.
- To classify and forecast India Ethanol Derivatives market based on end-use and regional distribution.
- To examine competitive developments such as expansions, green field projects/ brown field expansions. mergers & acquisitions, etc., of Ethanol Derivatives market in India.
To extract data for India Ethanol Derivatives market, primary research surveys were conducted with Ethanol Derivatives manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for India Ethanol Derivatives market over the coming years.
ChemAnalyst calculated Ethanol Derivatives demand in India by analyzing the historical data and demand forecast which was carried out considering the imports and domestic production coupled with demand from end user industry. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data / import data of Ethanol Derivatives to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
- Ethanol Derivatives manufacturers and other stakeholders
- Organizations, forums and alliances related to Ethanol Derivatives distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethanol Derivatives manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, India Ethanol Derivatives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, by End-use: Paints, Coating & Adhesive, Personal Care and Cosmetics, Pharmaceutical, and Others
- Market, by Sales Channel: Direct Sale and Indirect Sale
- Market, by Region: North India, South India, East India, West India
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.
Table of Content
1. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Ethanol Derivatives.
2. Capacity By Location
To better understand the regional supply of Ethanol Derivatives by analyzing its manufacturers' location-based capacity.
3. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
4. Production By Company
Study the historical annual production of Ethanol Derivatives by the leading players and forecast how it will grow in the coming years.
5. Demand by End- Use
Discover which end-user industry (Paints, Coating & Adhesive, Personal Care and Cosmetics, Pharmaceutical, and Others) are creating a market and the forecast for the growth of the Ethanol Derivatives market.
6. Demand by Region
Analyzing the change in demand of Ethanol Derivatives in different regions across India, i.e., North India, South India, East India, West India, that can direct you in mapping the regional demand.
7. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Ethanol Derivatives. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
8. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ethanol Derivatives.
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