인도의 포름산메틸 시장 : 플랜트 생산능력, 생산, 생산 효율, 수요, 공급, 최종 용도, 응용 분야, 판매 채널, 지역, 경쟁, 무역, 고객, 가격 분석
India Methyl Formate Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030
인도의 포름산메틸 수요는 2015-2020년간 약 5.5%의 연평균 복합 성장률(CAGR)을 나타내고, 2030년까지 꾸준한 성장을 이룰 것으로 예측됩니다. 포름아미드 및 디메틸 포름아미드 수요가 높아지고 있는 화학제품 및 농약 분야에서 포름산메틸 수요가 증가하고 있습니다. 또한 높은 휘발성을 갖고 있기 때문에 금속 주조에서의 바인더와 페인트 및 코팅 산업에서의 용매로서 널리 사용되고 있습니다. 또한 제약 분야에서는 반응 매체로서 포름산메틸이 사용되고 있기 때문에 제약 산업의 성장에 따라 포름산메틸 수요가 증가할 전망입니다. 폴리우레탄폼 발포제, 훈증제, 살충제, 인공피혁 및 PAN 섬유의 극성 유기용매로서의 포름산메틸 용도 확대 또한 포름산메틸 수요를 높이고 있습니다.
인도의 포름산메틸(Methyl Formate) 시장을 조사했으며, 시장 개요, 최종 용도·그레이드·판매 채널·지역별 수요 전망, 생산능력, 가격 동향, 수급 동향, 경쟁 상황, 기업 개요 등의 정보를 정리했습니다.
India Methyl Formate market demand stood at 9.43 Thousand Tonnes in FY2021 and is forecast to reach 15.56 Thousand Tonnes by FY2030, growing at a healthy CAGR of 5.72% until FY2030. Primary demand for Methyl Formate arises from chemicals and agrochemicals industries due to increasing demand for Formamide and Dimethylformamide in such industries. Wide application of the product as a binder in various metal foundry operations and as a solvent in paints and coating industries due to its unique properties of high volatility and high vapor pressure is projected to push the demand for Methyl Formate over the coming years. Furthermore, growth in pharmaceutical industries in recent years has also been a guarantor for the increasing demand for Methyl Formate in the country as this product shows soluble characteristics and is used as a reaction medium in the industry. Additionally, its applications as a blowing agent in the PUR foams, as a fumigant and larvicide for tobacco and food crops, and as a polar aprotic solvent in imitation leather and PAN fibers are progressively increasing the demand for Methyl Formate in the country. Various other applications of Methyl Formate such as in the manufacturing of electric current insulation, as a curing agent in the resin-based foundry, etc., would drive the demand for the product in the coming years.
COVID-19 has impacted the Methyl Formate industry by disrupting the supply chain and affecting the production demand. However, post-COVID-19 the Methyl Formate market is expected to pick up the pace eventually.
Historical Years: FY2015- FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 - FY2030
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The major market player in the Methyl Formate in India is Gujarat Narmada Fertilizers and Chemicals Limited, Bharuch, (Gujarat). India majorly imports Methyl Formate from China.
To extract data for the India Methyl Formate market, primary research surveys were conducted with Methyl Formate manufacturers, suppliers, distributors, wholesalers, and end-users. 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 end-user segments and projected a positive outlook for the India Methyl Formate market over the coming years.
ChemAnalyst calculated Methyl Formate demand in India by analyzing the historical data and demand forecast was carried out considering Methanol Prices. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Methyl Formate manufacturers, distributors, and Methyl Formate importers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the India Methyl Formate market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, by End Use- Coating, Metal Foundries, Process Chemical, Agriculture & Others
Market, by Application- Formaldehyde, Foam, Fumigant, Formic Acid & Others
Market, by Sales Channel- Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region- North, West, East, and South
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.