·
Future Growth of Organic Chemicals is expected
to be led by using alternative feedstock to gas and coal and setting of new
PCPIRs.
·
The market leader in the Methanol market, Gujarat
Narmada Fertilizers and Chemicals is expected to maintain focus on Emerging
Markets and upgraded technology to compete
with other players in the industry
Ken Research announced its latest publication on “India Organic Chemical Market Outlook to 2019” provides a
comprehensive analysis of the organic chemicals in India. The report covers
various aspects such as market size of organic chemical market, segmentation on
the basis of methanol and phenol and exports and imports of organic chemicals.
The report is useful for chemical manufacturers, chemical machinery
manufacturers and new players venturing in the market.
The organic chemical
market in the India has witnessed a growth in recent years on account of rising
demand for organic chemicals fueled by end user industries such as automobile
and construction sector. The surge in growth is majorly originated from introduction
of new applications of methanol and phenol and increase in the FDI in the
chemical sector. The growth in this segment has been largely led by the
domestic factors such as increase in the demand from industrial and
pharmaceutical sectors as well as increasing personal disposable income. The methanol
market in India is comprised of large companies such as Gujarat Narmada
Fertilizers and Chemicals, Rashtriya Chemicals and
Fertilizers Limited, Deepak Fertilizers and
Petrochemicals Corporation, Assam Petrochemicals and Gujarat State Fertilizers
Chemicals which posses a large
product portfolio of organic chemicals. The phenol market in India is comprised
of major two players which are Hindustan Organic Chemical Limited and SI group.
The India organic chemical market has grown at a CAGR of 3.8% in terms of
production volume from FY’2009-FY’2014 whereas the consumption has increased
from ~TMT in FY’2009 to ~TMT in FY’2014.
According to the research
report, the India organic chemical industry will grow at a considerable CAGR
rate thus exceeding 2,418.2 TMT by 2019 due to the increasing number of end
user industries and rising number of PCPIRs.
“Poor infrastructure, high
cost of feedstock and under-utilization of the installed capacities have acted
as the major hurdle in the achievement of the optimum operational capacities of
plant and machinery. Ensuring feedstock availability, government stringent
regulations against cheap imports, skilled manpower and new applications of
organic chemicals are the major factors that would drive the growth in the next
five years”, according to the Research Associate, Ken Research.
Key
Topics Covered in the Report:
Organic Chemicals
-
Market Size by Production, Consumption
-
Market Segmentation by
o
Types of Spices –methanol and phenol
-
Trends and Development
-
SWOT
-
Export and Import
-
Competition and Market Share
-
Company Profiles
-
Growth Drivers
-
Entry Barriers
-
Investment Opportunities
-
Future Outlook
-
Analyst Recommendations
-
Macro Economic Parameters
Key
Products Mentioned in the Report
Methanol
Aniline
Alkyl Amines
Formaldehyde
Acetic Acid
Phenol
Companies
Covered in the Report
Gujarat Narmada Valley Fertilizers and Chemicals
Rashtriya Chemicals and Fertilizers
Limited
Deepak Fertilizers and Petrochemicals
Corporation
Assam Petrochemicals
Gujarat State Fertilizers Chemicals
Hindustan Organic Chemicals Limited
The SI group
Keywords
Organic Chemical Production India
Consumption Organic Chemical India
Methanol Trade Scenario India
Import Phenol India
Volume Demand Methanol India
Government Initiative chemicals India
SI Group Market Share Phenol India
Hindustan Organic Chemicals Limited Revenue India
HOCL Production Phenol India
Formaldehyde production India
Market Size acetic acid India
Import Volume di-methyl teraphthalate India
India Consumption Methanol Formaldehyde
Pharma Methanol Use India
Metric Tonnes Production Methyl Amines India
Methanol Usage in Pesticides India
Import Price Methanol India
Destination Import Methanol India
Naphtha Feedstock Methanol India
GNFC Methanol Market Share India
Rashtriya Chemicals and Fertilizers limited Methanol Sales
Future Opportunities India Organic Chemical
Strength Weakness India Chemical
Trends and Development Organic Chemical
Anti Dumping Duty Government Methanol
Related Reports:
India
Pesticides Industry Analysis to 2018 - Led by Advent of Technologically
Advanced Biopesticides
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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