Demand
for ethylene has witnessed significant growth over the last five years and is forecast
to grow at a CAGR of nearly 3% during 2019-2030. Growing demand for polymers
for the manufacturing of plastics is the primary factor expected to aid the
country’s ethylene market. Growth in the packaging industry would also drive
the demand for ethylene derivatives that find extensive applications in
transportation sector such as in vehicles, trucks and airplane. Moreover, given
the lightness of ethylene derivatives and their high mechanical and physical
performance, they have increasingly begun to replace steel in many applications
and have thus, brought down the operating costs significantly. Additionally, environmental
concerns pertaining to the use of calcium carbide furnaces in PVC manufacturing,
in addition to use of ethylene in fruit ripening
processes, are anticipated to drive the demand for ethylene in India during
2019-2030.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The primary objective of the study was to
evaluate and forecast ethylene capacity, production,
demand, inventory, and demand – supply gap in India.
- To categorize ethylene demand based on end use, sales channel and region.
- To study trade dynamics and company share in
India ethylene market.
- To identify major customers of ethylene in India.
- To evaluate and forecast ethylene pricing in India.
- To identify and profile major companies operating
in India ethylene market.
- To identify major news, deals and expansion
plans in India ethylene market.
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Some of the major players operating in India ethylene market
are Reliance Industries Limited, Indian Oil Corporation Limited, GAIL (India)
Limited, ONGC Petro Additions Limited, Haldia Petrochemicals Limited, etc.
To extract data for India
ethylene market, primary research surveys were conducted with ethylene manufacturers,
suppliers, distributors, wholesalers and end users. While interviewing, the
respondents were also inquired about their competitors. Through this technique,
TechSci Research was able to include manufacturers that could not be identified
due to the limitations of secondary research. Moreover, TechSci Research
analyzed various end user segments and projected a positive outlook for India ethylene
market over the coming years.
TechSci Research calculated ethylene
demand in India by analyzing the historical data and demand forecast was
carried out considering crude oil and natural gas prices. TechSci Research
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 TechSci Research.
Key
Target Audience:
- Ethylene manufacturers and other stakeholders
- Organizations, forums and alliances related to
ethylene 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 ethylene 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, India ethylene market has been segmented into following categories:
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]om