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India - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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India: Monocarboxylic Acid Market Overview 2021

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Monocarboxylic Acid Market Size in India

The Indian monocarboxylic acid market expanded rapidly to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2020.

Monocarboxylic Acid Production in India

In value terms, monocarboxylic acid production rose notably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2015 to 2020, production growth remained at a somewhat lower figure.

Monocarboxylic Acid Exports

Exports from India

In 2020, shipments abroad of acrylic acid and its salts and other monocarboxylic acid decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. In general, exports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, monocarboxylic acid exports shrank dramatically to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tonnes), South Korea (X tonnes) and Thailand (X tonnes) were the main destinations of monocarboxylic acid exports from India, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Thailand (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for monocarboxylic acid exported from India were China ($X), the U.S. ($X) and South Korea ($X), with a combined X% share of total exports. Switzerland, Thailand, Belgium, Canada and the United Arab Emirates lagged somewhat behind, together accounting for a further X the main countries of destination, Switzerland (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average monocarboxylic acid export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2014 an increase of X% y-o-y. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced mixed trend patterns.

Monocarboxylic Acid Imports

Imports into India

For the fifth consecutive year, India recorded growth in overseas purchases of acrylic acid and its salts and other monocarboxylic acid, which increased by X% to X tonnes in 2020. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in years to come.

In value terms, monocarboxylic acid imports rose markedly to $X in 2020. In general, imports saw prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

South Korea (X tonnes), Indonesia (X tonnes) and China (X tonnes) were the main suppliers of monocarboxylic acid imports to India, together comprising X% of total imports. These countries were followed by Malaysia, Russia and Singapore, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of monocarboxylic acid to India, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2020, the average monocarboxylic acid import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylic acid and its salts and other monocarboxylic acid in the world?
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The countries with the highest volumes of monocarboxylic acid consumption in 2020 were China (899K tonnes), the U.S. (529K tonnes) and India (350K tonnes), together accounting for 46% of global consumption. Russia, Japan, Brazil, Indonesia, Germany, France, Mexico, Democratic Republic of the Congo, South Korea and Canada lagged somewhat behind, together accounting for a further 33%.
What are the largest producers of acrylic acid and its salts and other monocarboxylic acid in the world?
+
The countries with the highest volumes of monocarboxylic acid production in 2020 were China (1M tonnes), the U.S. (524K tonnes) and India (316K tonnes), together comprising 48% of global production. Russia, Germany, Japan, Brazil, Indonesia, France, Mexico, Democratic Republic of the Congo, Malaysia and Canada lagged somewhat behind, together accounting for a further 35%.
What are the leading suppliers of acrylic acid and its salts and other monocarboxylic acid to India?
+
In value terms, China ($40M) constituted the largest supplier of monocarboxylic acid to India, comprising 42% of total imports. The second position in the ranking was occupied by South Korea ($15M), with a 16% share of total imports. It was followed by Indonesia, with a 11% share.
What are the leading importers of acrylic acid and its salts and other monocarboxylic acid from India?
+
In value terms, China ($28M), the U.S. ($15M) and South Korea ($15M) appeared to be the largest markets for monocarboxylic acid exported from India worldwide, together accounting for 63% of total exports. These countries were followed by Switzerland, Thailand, Belgium, Canada and the United Arab Emirates, which together accounted for a further 19%.
What is the average export price for acrylic acid and its salts and other monocarboxylic acid in India?
+
The average monocarboxylic acid export price stood at $5,116 per tonne in 2020, which is down by -20.9% against the previous year.
What is the average import price for acrylic acid and its salts and other monocarboxylic acid in India?
+
The average monocarboxylic acid import price stood at $1,812 per tonne in 2020, growing by 8.2% against the previous year.

Product coverage:
• Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid

This report provides an in-depth analysis of the monocarboxylic acid market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• India

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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