[Online Quarterly Update] India Electronic Chemicals demand stood at 132.5 Thousand Tonnes in FY2021 and is forecast to reach 226.8 Thousand Tonnes by FY2030, growing at a healthy CAGR of 6.16% until FY2030 owing to its growing consumption for the manufacturing of PCB, IC, and other electronic circuits. India is one of the largest markets for smartphones, therefore many companies have set up their manufacturing unit in India, For instance, Samsung India, Xiaomi, Oppo, and Apple. Further, these manufacturing companies are planning to make PCB and other electronic components in India to reduce the dependency on imports from other southeast Asian countries. COVID-19 pandemic had a severe impact on the market, in general, and disrupted the Indian economy. Rising number of patients suffering from the infection and rapidly evolving virus created death scare for the whole population at large. The government imposed the lockdown to contain the spread of the virus that further resulted in disabling market growth. The manufacturing units were closed for a significant amount of time, and it disturbed the distribution channels. The government is slowly controlling the consequences, and steadily market is regaining its composure. With a steady CAGR in the upcoming forecast years, the market may grow and present as a potential investment for the new market player that supports the market growth in the future.
The government of India is also planning to roll out 5G in the coming years therefore, many companies are planning to set up their plant due to lower costs and favorable government policies. All these major factors are propelling the demand for electronics components, thus increasing in demand for electronic chemicals in India for the forecast period.
Under this subscription, you would be able to access India Electronic Chemicals market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Electronic Chemicals.
Years Considered for Analysis:
Historical Years: FY2015– FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2030
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Deliverables
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Demand Market, by Type
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Demand/Sale of Electronic Chemicals in different end-user industries across the country
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Demand Market, by End Use
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Demand/Sale of Electronic Chemicals in different end-user industries across the country
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Demand & Supply Gap
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Demand & Supply Gap at country level
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Market Share of Leading Players
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Revenue shares of leading players in the country
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News & Deal
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Historical & Current News & Deals in Electronic Chemicals market
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To extract data for the India Electronic Chemicals market, the ChemAnalyst team conducts primary research surveys with Electronic Chemicals manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.
