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.The Ethanol Derivatives Demand in India Has Shown a Robust Growth in the Past Five Years and Currently Stands at 549 Thousand Tonnes Per Annum.
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.
The publisher 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. The publisher 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 the publisher.
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
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, the publisher offers customizations according to a company’s specific needs.Table of Contents
Methodology
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