High Density Polyethylene (HDPE) demand
in India stood at 2,501 KTPA in 2018 and is projected to grow
at a CAGR of 7.68% during 2019-2030 to reach 6,064 KTPA by 2030. Increasing use
of HDPE in personal
care and pharmaceuticals sectors is the key factor spurring the demand for HDPE.
Rapid expansion of HDPE capacity in the country coupled with increasing demand
for HDPE derived pipes, buckets and containers and wires & cables
insulation is expected to drive India HDPE market during the forecast period.
Additionally, demand for high density polyethylene pipes is fueled by its
higher usage in agriculture for water supply, drainage and irrigation, owing to
its enhanced properties such as corrosion resistant. The use of HDPE in blow molding
for plastic production is also gaining popularity and preference in automotive,
packaging, sports and other industries.
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 High Density Polyethylene (HDPE) capacity, production,
demand, inventory, and demand – supply gap in India.
- To categorize High Density
Polyethylene (HDPE) demand based on end use, grade, region and sales
channel.
- To study trade dynamics and company share in India High Density
Polyethylene (HDPE) market.
- To identify major customers of High Density Polyethylene (HDPE) in
India.
- To evaluate and forecast High Density Polyethylene (HDPE) pricing
by grade in India High Density Polyethylene (HDPE) market.
- To identify and profile major companies operating in India High Density Polyethylene (HDPE) market.
- To identify major news, deals and expansion plans
in India High Density Polyethylene (HDPE) market.
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Report Scope:
In this report, India High Density
Polyethylene (HDPE) market has been segmented into
following categories
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Some of the major players operating in India High
Density Polyethylene (HDPE) market are Reliance
Industries Limited, Indian Oil Corporation Limited, GAIL India Limited, etc.
To extract data for India HDPE market, primary research surveys
were conducted with HDPE 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 HDPE market over the coming years.
TechSci Research calculated High
Density Polyethylene (HDPE) demand in India
by analyzing the historical data and demand forecast was carried out
considering crude oil 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:
- HDPE manufacturers and other
stakeholders
- Organizations, forums and alliances related to
HDPE 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 HDPE 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.
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]