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India Maleic Anhydride Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

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India Maleic Anhydride Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030
Published: annual subscription Content info:
Description

Maleic Anhydride demand in India grew at a CAGR of around 4.93% during 2016-2019 and is expected to achieve a healthy growth rate during the forecast period. Growing infrastructure and construction activities in India are expected to propel the demand for Maleic Anhydride in coming years. Furthermore, Maleic Anhydride demand is witnessing surge due its use as an additive in lubricant manufacturing. Moreover, Maleic Anhydride is used to produce Copolymers, Malic Acid, Succinic Acid and Fumaric Acid. Increasing demand of Malic Acid in food and beverage industry as a flavoring agent and in pharmaceutical industry as an ingredient raw material are major factors propelling the demand of Maleic Anhydride during the forecast years. In India, Maleic Anhydride is produced by Thirumalai Chemicals Ltd, IG Petrochemicals Limited. Other players operating in India Maleic Anhydride market include Huntsman International LLC, LANXESS, etc. India is one of the major importers of Maleic Anhydride. During FY2020, in India, the import was more than 50 thousand tonnes, which is almost 32 percent higher compared to import in FY2019. In coming years, the demand is anticipated to increase, which will lead to surge in its import, thereby posing a greater market opportunity for domestic players. To meet the demands, domestic players should focus on revamping their existing capacity or they should focus on setting up of green field projects.

Maleic Anhydride has application in Unsaturated Polymer Resin, Coatings, Lubricant, Plastic Additives & Others. In India, West Region followed by South has maximum demand for maleic anhydride. Government Initiatives like Swachh Bharat Abhiyaan are expected to increase the demand of maleic anhydride in Surfactants and Water Treatment Chemicals Industries.

However, sudden outbreak of novel coronavirus hard hit the country's Maleic Anhydride sector as several Indian ports had to declare force majeure in compliance with the government's lockdown measure in country's battle against COVID-19. The demand of Maleic Anhydride is expected to stabilize by Q1 2022.

Years Considered for this Report:

  • Historical Years: 2015- 2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022 - 2030

Objective of the Study:

  • The primary objective of the study was to evaluate and forecast Maleic Anhydride production, demand, inventory, and demand - supply gap in India.
  • To categorize demand for Maleic Anhydride based on end use, sales channel and region.
  • To study trade dynamics and company share in India Maleic Anhydride market.
  • To identify major customers of Maleic Anhydride in India.
  • To evaluate and forecast Maleic Anhydride pricing in India.
  • To identify and profile major companies operating in India Maleic Anhydride market.
  • To identify major developments, deals and expansion plans in India Maleic Anhydride market.

Currently there are two manufacturers of Maleic Anhydride in India that are Thirumalai Chemicals and IG Petrochemicals. The major international players are Huntsman Corporation, INEOS, Lanxess etc.

Import of Maleic Anhydride declined by almost 20 per cent in FY 2020 and Maleic Anhydride prices were assessed at USD XXX per MT on bulk contract basis.

To extract data for India Maleic Anhydride market, primary research surveys were conducted with manufacturers, suppliers, distributors, wholesalers and end users of Maleic Anhydride. 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 India Maleic Anhydride market over the coming years.

To extract data for India Maleic Anhydride market, primary research surveys were conducted with Maleic Anhydride 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 India Maleic Anhydride market over the coming years.

ChemAnalyst calculated Maleic Anhydride demand in India by analyzing the historical data and demand forecast was carried out considering the end use industries growth. ChemAnalyst sourced these values from industry experts and company representatives and externally validated 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.

Key Target Audience:

  • Maleic Anhydride manufacturers and other stakeholders
  • Organizations, forums and alliances related to Maleic Anhydride 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 Maleic Anhydride manufacturers, distributors and policy makers. 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.

Report Scope:

In this report, the India Maleic Anhydride market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by End Use: Unsaturated Polyester resins, Copolymers, Lubricating Oil additives, Alkynyl succinic anhydride, Maleic Acid and Others
  • Market, by Sales Channel: Direct/Institutional Sales, Retail Sales, Other Channel Sales
  • Market, by Region: North, South, East, West

Competitive Landscape

ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.

Available Customizations:

With the given market data, ChemAnalyst offers customizations according to a company's specific needs.

Table of Contents

Table of Contents

1. Manufacturing Process & Technology Licensing Evaluation

2. India Maleic Anhydride Demand-Supply Gap Outlook, By Volume

  • 2.1. Capacity, By Company
  • 2.2. Capacity, By Location
  • 2.3. Capacity, By Technology
  • 2.4. Capacity, By Process
  • 2.5. Production, By Company
  • 2.6. Operating Efficiency, By Company
  • 2.7. Country-Wise Import
  • 2.8. Country-Wise Export
  • 2.9. Demand-Supply Gap

3. India Maleic Anhydride Demand Outlook

  • 3.1. By End Use
  • 3.2. By Distribution Channel
  • 3.3. By Region / State
  • 3.4. By Company

4. Customer Analysis

  • 4.1. Procurement Volume
  • 4.2. Procurement Prices
  • 4.3. Existing Supplier
  • 4.4. Contact Details

5. Cost Structure

  • 5.1. Contact Details
  • 5.2. Selling & Distribution Cost
  • 5.3. Fixed Cost
  • 5.4. Other Cost

6. Market Trends & Developments (Focus on emerging application and manufacturing technologies

7. Grade-Wise & Company-Wise Pricing Analysis (Monthly)

  • 7.1. Historical Prices (Domestic, CFR)
  • 7.2. Forecast

8. Competitive Landscape (Top 10 Companies in terms of revenue share)

  • 8.1. Company Profiles
    • 8.1.1. Key Financial Matrices
    • 8.1.2. Margin Analysis
    • 8.1.3. SWOT Analysis
    • 8.1.4. Key Market Focus and Geographical Presence
    • 8.1.5. Planned Investments
    • 8.1.6. Collaborations
    • 8.1.7. Technology Licensing
    • 8.1.8. Expansion Plan

9. Project Viability Analysis

10. Strategic Recommendations

11. About Us & Disclaimer

List of Figures

  • Figure 1: Company-Wise Capacity of India Maleic Anhydride Market, 2015-2030F (KT)
  • Figure 2: Location-Wise Capacity of India Maleic Anhydride Market, 2015-2030F (KT)
  • Figure 3: Process/Technology-Wise Capacity of India Maleic Anhydride Market, 2015-2030F (KT)
  • Figure 4: Company-Wise Production of India Maleic Anhydride Market, 2015-2030F (KT)
  • Figure 5: Company-Wise Operating Efficiency of India Maleic Anhydride Market, 2015-2030F (%)
  • Figure 6: India Maleic Anhydride Trade Surplus/Deficit, By Volume (KT), 2015-2020
  • Figure 7: India Maleic Anhydride Demand Market Share, By Application, 2015-2030F (%)
  • Figure 8: India Maleic Anhydride Demand Market Share, By End Use, 2015-2030F (%)
  • Figure 9: India Maleic Anhydride Demand Market Share, By Distribution Channel, 2015-2030F (%)
  • Figure 10: India Maleic Anhydride Demand Market Share, By Region, 2015-2030F (%)
  • Figure 11: India Maleic Anhydride Demand Market Share, By Company, 2020 & 2021E (%)
  • Figure 12: India Maleic Anhydride Recent News / Deals

List of Tables

  • Table 1: India Maleic Anhydride Trade Dynamics, Country-Wise Import, 2015-2020

(Value in INR Million & Volume in KT)

  • Table 2: India Maleic Anhydride Trade Dynamics, Country-Wise Export, 2015-2020

(Value in INR Million & Volume in KT)

  • Table 3: Customer Analysis of India Maleic Anhydride Market, 2020
  • Table 4: Supplier Cost Structure Analysis of India Maleic Anhydride Market, 2019 & 2020
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