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
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