BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India cellulose pad market size to grow at a steady CAGR of 4.18% during the forecast period between 2023 and 2029. The growth in India cellulose pad market is expected to be driven by the increasing demand for the product to be used in dairy and poultry greenhouses across the country. Also, a key source of income for many people in India is chicken farming. The expansion of chicken farms across India as a result of government efforts has increased demand for cellulose pads.
India Cellulose Pad Market - Overview
An anti-rot, rigidifying, and wetting resin coat is applied to a cross-corrugated cellulose pad. The design of the pad allows recirculating water and air to flow vertically and horizontally through it. They can hold back flowing water. These pads are the most effective cooling media on the market right now because they can store water and provide maximum cooling efficiency. As cellulose pads are constructed of cross-corrugated cellulose paper layers, they have a larger surface area for evaporation and can help to reduce water carry-over issues.
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India Cellulose Pad Market – By Application
Based on application, India cellulose pad market is divided into Industrial Air Washer, Poultry/Dairy Greenhouse, Residential Air Coolers, Cooling Towers, Adiabatic Air-Cooling Applications, Direct Evaporative Cooling Applications, and other segments. As the industrial sector in India, which was negatively impacted by the Covid-19 pandemic, is expected to expand at a significant CAGR, the industrial air washer & poultry/dairy greenhouse is the dominant segment in India Cellulose Pad Market. The government's ongoing efforts to implement major structural, economic, and infrastructure reforms, as well as a slew of measures/schemes to boost industry, such as the production-linked incentive scheme (PLI), are likely to sustain the current rate of recovery and spur additional growth.
Impact of COVID-19 on India Cellulose Pad Market
Due to the COVID-19 pandemic, there was a disruption in supply chains. A decline in end-use industry demand and a labor shortage led to the suspension of operations. Consequently, it significantly declined the growth of the cellulose pad market. During the COVID-19 pandemic, however, demand for convenient home appliances, such as air coolers and refrigerating products, increased, supporting the market for cellulose pads. Also, the rapid recovery of several end-use industries such as automotive, consumer goods, and agriculture will support market growth during the forecast period.
Competitive Landscape
India cellulose pad market is fiercely competitive. Prominent players in the market include Desiccant Rotors International Pvt Ltd, Flowline India Pvt Ltd, S.S. Lifestyle Private Limited, SRG Machines Pvt Ltd, Devatech Engineers Private Limited, Dhumal Industries India Pvt Ltd, and Greentech Industries (India) Private Limited. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India Cellulose Pad Market.
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