PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1466154
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1466154
India Cellulose Ether Market, By Product Type; By Application : By Sales Channel; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Cellulose Ether Market Size Booming at Significant CAGR 7.28% to Surpass USD 1 Billion in value with Volume of 34,270 Tons by 2030
India Cellulose Ether Market is flourishing due to a spurring demand for the material from major end use industries driven by increasing investments in large infrastructure development projects including affordable urban housing programs.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Cellulose Ether Market size by value at USD 783.11 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Cellulose Ether Market size to expand at a CAGR of 7.28% reaching a value of USD 1,028.42 million by 2030. The Cellulose Ether market in India is propelled by the rising investments in infrastructure endeavors and the increasing urban housing domain. Nationally, various infrastructure projects, such as airport expansions, smart city initiatives, and the construction of commercial and residential buildings are fueling the demand for cellulose ether and its derivatives. Particularly noteworthy is the growing demand for cellulose ether and its derivatives, especially in the paints and inks industry, owing to their eco-friendly attributes and versatility across multiple sectors including textiles, construction, and automotive. In construction, cellulose ether is highly valued for its water retention and thickening properties, serving as a crucial rheology modifier. Also, these derivatives find extensive usage in the food and beverage sector, spanning from baked goods to personal care and pharmaceutical products.
By volume, BlueWeave estimated the India Cellulose Ether Market size at 26.12 thousand tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Cellulose Ether Market size by volume is projected to grow at a CAGR of 6.17% reaching the volume of 34.27 thousand tons by 2030. Recognized for their natural composition, cellulose ethers offer pharmaceutical applications high glass transition temperatures, solubility, and hydrogen bonding capabilities, alongside exceptional stability and low toxicity. This surge in demand can be attributed to heightened consumer awareness regarding eco-friendly options, escalating concerns for wellness, and industry advancements focusing on sustainable product development. Notably, India's Cellulose Ether market is witnessing a surge in growth, driven by its increased utilization across diverse sectors.
Impact of Escalating Geopolitical Tensions on India Cellulose Ether Market
Geopolitical tensions can have a multifaceted impact on the India Cellulose Ether Market. Heightened geopolitical risks can disrupt trade routes, leading to potential supply chain disruptions and volatility in raw material prices. Moreover, uncertainties arising from geopolitical conflicts can dampen investor confidence and deter foreign investments, thereby impeding market growth. Increased political instability may also result in regulatory changes or trade barriers, further complicating market dynamics. Additionally, geopolitical tensions can affect consumer sentiment and economic activity, influencing demand for cellulose ether products across various end-use industries. In response, market players may need to adopt flexible strategies to mitigate risks and adapt to changing geopolitical landscapes, ensuring continued growth and resilience in the India Cellulose Ether Market.
India Cellulose Ether Market
Segmental Coverage
India Cellulose Ether Market - By Application
Based on application, the India Cellulose Ether Market is divided into Construction, Pharmaceuticals, Personal Care & Home Care, Food & Beverages, Paints & Coatings, Oil & Gas, and Textiles segments. The constructions segment holds the highest share in the India Cellulose Ether Market by application. Cellulose ethers have emerged as the preferred option within the construction sector, driven by a growing emphasis on eco-friendly chemicals. Simultaneously, as societal living standards advance and awareness regarding environmental health heightens, naturally derived cellulose ethers have gained prominence as replacements for conventional chemicals in construction. These ethers serve multiple roles as thickeners, binders, film formers, and more in various construction applications, reflecting their versatility. Common variants like HPMC, MC, or HEC find extensive use in cement-based or gypsum-based structures, catering to a range of needs, such as thickening, water retention, and improving overall quality.
India Cellulose Ether Market - By Region
Geographically, the India Cellulose Ether Market is divided into North India, South India, East India, and West India regions. The West India region holds the highest share in the India Cellulose Ether Market. The region's leadership position in the market is driven by states like Gujarat and Maharashtra, which spearheaded the significant demand for cellulose ether. The sustained high consumption of cellulose ether across diverse industries in these regions underscores their continued importance in shaping market dynamics.
Competitive Landscape
The India Cellulose Ether Market is fragmented, with numerous players serving the market. The key players dominating the India Cellulose Ether Market include Ashland India Pvt Ltd, Galaxy Chemicals, Reliance Cellulose Products Ltd, JRS Pharma, Ruchi Soya Industries Ltd, Quimica Del Sol, LOTTE Fine Chemicals, Lamberti SpA, Shubham Starch Chem (P) Ltd, S.K. Chemicals, Deepak Nitrite (Deepak Cellulose), Asha Cellulose (I) Pvt Ltd, and Premier Pigments & Chemicals. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Cellulose Ether Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Cellulose Ether Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Cellulose Ether Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing End Use Industries
- 3.2.1.2. Rising Disposable Income
- 3.2.2. Restraints
- 3.2.2.1. Limited Technological Advancement
- 3.2.2.2. Fluctuations in Raw Material Prices
- 3.2.2.3. Lack of Awareness
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Demand from Emerging Applications
- 3.2.3.2. Import Substitution
- 3.2.3.3. Rising Environmental Concerns
- 3.2.4. Challenges
- 3.2.4.1. Competition from Low Cost Imports
- 3.2.4.2. Stringent Regulations
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Cellulose Ether Market: Marketing Strategies
5. India Cellulose Ether Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
- 5.1.2. By Volume (Thousand Tons)
- 5.2. Market Share & Forecast
- 5.2.1. By Product Type
- 5.2.1.1. Methyl Cellulose (MC)
- 5.2.1.2. Hydroxyethyl Cellulose (HEC)
- 5.2.1.3. Hydroxypropyl Methylcellulose (HPMC)
- 5.2.1.4. Carboxymethyl Cellulose (CMC)
- 5.2.1.5. Ethyl Cellulose
- 5.2.1.6. Others
- 5.2.2. By Application
- 5.2.2.1. Construction
- 5.2.2.2. Pharmaceuticals
- 5.2.2.3. Personal Care & Home Care
- 5.2.2.4. Food & Beverage
- 5.2.2.5. Paints & Coatings
- 5.2.2.6. Oil & Gas
- 5.2.2.7. Textiles
- 5.2.2.8. Others
- 5.2.3. By Sales Channel
- 5.2.3.1. Direct Sales
- 5.2.3.2. Distributor Sales
- 5.2.3.3. Online Retail
- 5.2.3.4. Retail Stores
- 5.2.3.5. Others
- 5.2.4. By Region
- 5.2.4.1. North India
- 5.2.4.2. South India
- 5.2.4.3. East India
- 5.2.4.4. West India
- 5.2.1. By Product Type
6. North India Cellulose Ether Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.1.2. By Volume (Thousand Tons)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Application
- 6.2.3. By Sales Channel
7. South India Cellulose Ether Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.1.2. By Volume (Thousand Tons)
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Application
- 7.2.3. By Sales Channel
8. East India Cellulose Ether Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.1.2. By Volume (Thousand Tons)
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Application
- 8.2.3. By Sales Channel
9. West India Cellulose Ether Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.1.2. By Volume (Thousand Tons)
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Application
- 9.2.3. By Sales Channel
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Cellulose Ether Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions on India Cellulose Ether Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. Ashland India Pvt Ltd
- 12.2. Galaxy Chemicals
- 12.3. Reliance Cellulose Products Ltd
- 12.4. JRS Pharma
- 12.5. Ruchi Soya Industries Ltd
- 12.6. Quimica Del Sol
- 12.7. LOTTE Fine Chemicals
- 12.8. Lamberti SpA
- 12.9. Shubham Starch Chem (P) Ltd
- 12.10. S.K. Chemicals
- 12.11. Deepak Nitrite (Deepak Cellulose)
- 12.12. Asha Cellulose (I) Pvt Ltd
- 12.13. Premier Pigments & Chemicals
- 12.14. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Cellulose Ether Segmentation
- Figure 2 India Cellulose Ether Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Figure 5 India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 6 India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Figure 7 India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Figure 8 India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Figure 9 India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Figure 10 India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Figure 11 India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 12 India Cellulose Ether Market Share, By Region, By Value, 2019-2030
- Figure 13 India Cellulose Ether Market Share, By Region, By Volume, 2019-2030
- Figure 14 North India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Figure 15 North India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 16 North India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Figure 17 North India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Figure 18 North India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Figure 19 North India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Figure 20 North India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Figure 21 North India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 22 South India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Figure 23 South India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 24 South India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Figure 25 South India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Figure 26 South India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Figure 27 South India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Figure 28 South India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Figure 29 South India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 30 East India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Figure 31 East India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 32 East India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Figure 33 East India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Figure 34 East India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Figure 35 East India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Figure 36 East India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Figure 37 East India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 38 West India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Figure 39 West India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 40 West India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Figure 41 West India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Figure 42 West India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Figure 43 West India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Figure 44 West India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Figure 45 West India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
List of Tables
- Table 1 India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Table 2 India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Table 3 India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Table 4 India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Table 5 India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Table 6 India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Table 7 India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Table 8 India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Table 9 India Cellulose Ether Market Share, By Region, By Value, 2019-2030
- Table 10 India Cellulose Ether Market Share, By Region, By Volume, 2019-2030
- Table 11 North India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Table 12 North India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Table 13 North India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Table 14 North India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Table 15 North India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Table 16 North India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Table 17 North India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Table 18 North India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Table 19 South India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Table 20 South India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Table 21 South India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Table 22 South India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Table 23 South India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Table 24 South India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Table 25 South India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Table 26 South India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Table 27 East India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Table 28 East India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Table 29 East India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Table 30 East India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Table 31 East India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Table 32 East India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Table 33 East India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Table 34 East India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Table 35 West India Cellulose Ether Market Size, By Value (USD Million), 2019-2030
- Table 36 West India Cellulose Ether Market Size, By Volume (Thousand Tons), 2019-2030
- Table 37 West India Cellulose Ether Market Share, By Product Type, By Value, 2019-2030
- Table 38 West India Cellulose Ether Market Share, By Product Type, By Volume, 2019-2030
- Table 39 West India Cellulose Ether Market Share, By Application, By Value, 2019-2030
- Table 40 West India Cellulose Ether Market Share, By Application, By Volume, 2019-2030
- Table 41 West India Cellulose Ether Market Share, By Sales Channel, By Value, 2019-2030
- Table 42 West India Cellulose Ether Market Share, By Sales Channel, By Volume, 2019-2030
- Table 43 Ashland India Pvt Ltd Company Overview
- Table 44 Ashland India Pvt Ltd Company Overview
- Table 45 Galaxy Chemicals Company Overview
- Table 46 Galaxy Chemicals Company Overview
- Table 47 Reliance Cellulose Products Ltd Company Overview
- Table 48 Reliance Cellulose Products Ltd Company Overview
- Table 49 JRS Pharma Company Overview
- Table 50 JRS Pharma Company Overview
- Table 51 Ruchi Soya Industries Ltd Company Overview
- Table 52 Ruchi Soya Industries Ltd Company Overview
- Table 53 Quimica Del Sol Company Overview
- Table 54 Quimica Del Sol Company Overview
- Table 55 LOTTE Fine Chemicals Company Overview
- Table 56 LOTTE Fine Chemicals Company Overview
- Table 57 Lamberti SpA Company Overview
- Table 58 Lamberti SpA Company Overview
- Table 59 Shubham Starch Chem (P) Ltd Company Overview
- Table 60 Shubham Starch Chem (P) Ltd Company Overview
- Table 61 S.K. Chemicals Company Overview
- Table 62 S.K. Chemicals Company Overview
- Table 63 Deepak Nitrite (Deepak Cellulose) Company Overview
- Table 64 Deepak Nitrite (Deepak Cellulose) Company Overview
- Table 65 Asha Cellulose (I) Pvt Ltd Company Overview
- Table 66 Asha Cellulose (I) Pvt Ltd Company Overview
- Table 67 Premier Pigments & Chemicals Company Overview
- Table 68 Premier Pigments & Chemicals Company Overview
- Table 69 Other Prominent Players Company Overview
- Table 70 Other Prominent Players Company Overview
