India Polypropylene Copolymer (PCPP) Market, By Granule Color (Black, Red, White, Others), By Application (Paint Pails, Lube Pails, Battery Casings, Consumer Durables, Textile, Films, Others), By Region, Competition, Forecast and Opportunities, 2028

  • Industry : Chemicals
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Summary

Report Description

The India polypropylene copolymer (PCPP) market is anticipated to increase at an impressive rate in the forecast period. Polypropylene copolymer (PCPP) is created by combining ethene and propene in a polymer. The ethene components are randomly mixed into the polypropylene chains, typically up to 6% by mass. These polymers are suited for applications needing transparency and items requiring a great look since they are flexible and optically transparent. It shows excellent low-temperature toughness and stress crack resistance than homopolymer at the detriment of slight decreases in other qualities.

Due to its better physical, mechanical, thermal, and electrical properties, it is highly demanded by various end-user industries to manufacture their final product. In the paint and coating industries, the demand for paint pails is very high as containers due to their low-cost availability and desired characteristics. In the automotive industries, the need for lube pails is growing as the market size of automotive is increasing for safe handling and storing of automotive lubricate, propelling the market growth. Demand from the packaging industries is growing as the need for packaging products and films increasing for storing FMCG, electronic, and consumer goods are going to propel the demand of the Indian polypropylene copolymer (PCPP) market in the projected period.


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Increasing Demand from Electrical & Electronic Industries

Polymer is considered one of the best alternatives compared to conventional products like iron, steel, glass, and wood due to its desired properties such as colorless, non-flammable, non-reactive solid, high insulation, high thermal resistance, no odor and high water-repellent in lower cost. As it is lightweight and an excellent insulator, it is highly used in different electronic goods to cover the other part & wires to make the device shockproof. In this century, electronic goods play a vital role as various electronic appliances surround humans; everything is made from different polymers, from telephones to traffic signals. As electronic devices are playing a vital role in propelling digital India. Thus, we can expect that the growing demand for electronic goods is going to boost the Indian polypropylene copolymer (PCPP) market.

Growing Demand of the E-Vehicle

After the pandemic, peoples are very concerned about the health and the environment. Hence, opting for all possible alternatives to contribute to sustainable development for better and less pollution. E-vehicle is also enjoying growing demand for eco-friendly options to lower the carbon footprint as an output market has flourished in the past few years. The IBEF (Indian Brand Equity Foundation) report stated that the NITI Aayog is planning to attain EV sales access to 70% of all commercial cars, 30% of private vehicles, 40% of buses, and 80% of two and three-wheelers by 2030. As the battery cover is made of polypropylene copolymer is expected to propel the demand for Indian polypropylene copolymer (PCPP) market growth.

Growing Use in Medical Devices

The flourishing medical devices industry in India is expected to drive the growth of India polypropylene copolymer (PCPP) market. According to Invest India: National Investment Promotion & Facilitation Agency, the medical devices industry in India is expected to witness robust growth and reach USD50 billion by 2030. Polypropylene copolymer (PCPP) is used for the production of medical and surgical equipment such as injection molds and medicine bottles. The growing demand for injection molds and medicine bottles is expected to support the market growth in the coming years.

Market Segmentation

India polypropylene copolymer (PCPP) market is segmented based on granule color and application.

Based on granule color, the market is divided into black, red, white and others. Based on application, the market is divided into paint pails, lube pails, battery casings, consumer durables, textile, films, others.

Market Players

Reliance Industries Limited, Jairam Plastic Industries, Indorama Corporation, Shakti Plastic Industries, Perfect Polychem Private Limited, Captain Polyplast Limited, Paras Polytech, Gravita India Limited, Kamal Polyplast are the key players operating in the India polypropylene copolymer (PCPP) market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2023 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric ton, and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Granule Color

·         Application

Regional scope

East; West; North; South.

Key companies profiled

Reliance Industries Limited, Jairam Plastic Industries, Indorama Corporation, Shakti Plastic Industries, Perfect Polychem Private Limited, Captain Polyplast Limited, Paras Polytech, Gravita India Limited, Kamal Polyplast

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, India polypropylene copolymer (PCPP) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Polypropylene Copolymer (PCPP) Market, by Granule Color:

    • Black
    • Red
    • White
    • Others

·         India Polypropylene Copolymer (PCPP) Market, by Application:

    • Paint Pails
    • Lube Pails
    • Battery Casings
    • Consumer Durables
    • Textile
    • Films
    • Others  
  • India Polypropylene Copolymer (PCPP) Market, by Region:

o   North

o   West

o   East

o   South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India polypropylene copolymer (PCPP) market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
India polypropylene copolymer (PCPP) market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Research Data

2.3.1.  Secondary Data

2.3.2.  Primary Data

2.4.  Market Size Estimation

2.4.1.  Bottom-Up Approach

2.4.2.  Top-Down Approach

2.5.  Market Breakdown & Triangulation

2.6.  Research Assumptions

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    India Polypropylene Copolymer (PCPP) Market Demand Supply Analysis

5.1.  Production

5.2.  Import

5.3.  Export

5.4.  Demand & Supply Gap

6.    India Polypropylene Copolymer (PCPP) Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Granule Colour (Black, Red, White, Others)

6.2.2.     By Application (Paint Pails, Lube Pails, Battery Casings, Consumer Durables, Textile, Films, Others)

6.2.3.     By Region

6.2.4.     By Company

6.3.  Market Map

6.3.1.     By Granule Color

6.3.2.     By Application

6.3.3.     By Region

7.    North India Polypropylene Copolymer (PCPP) Market Outlook

7.1.  Market Size & Forecast       

7.1.1.By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Granule Colour

7.2.2.     By Application

7.2.3.     By State (Top 3 States)

8.    South India Polypropylene Copolymer (PCPP) Market Outlook

8.1.  Market Size & Forecast       

8.1.1.By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Granule Colour

8.2.2.     By Application

8.2.3.     By State (Top 3 States)

9.    West India Polypropylene Copolymer (PCPP) Market Outlook

9.1.  Market Size & Forecast       

9.1.1.By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Granule Color

9.2.2.     By Application

9.2.3.     By State (Top 3 States)

10. East India Polypropylene Copolymer (PCPP) Market Outlook

10.1.             Market Size & Forecast        

10.1.1.   By Value & Volume

10.2.             Market Share & Forecast

10.2.1.  By Granule Color

10.2.2.  By Application

10.2.3.  By State (Top 3 States)

11. Market Dynamics

11.1.             Drivers

11.1.1.  Increasing Demand from Electrical & Electronic Industries

11.1.2.  Growing Demand for E-Vehicles

11.1.3.  Growing Use in Medical Devices

11.2.             Challenges

11.2.1.  Fluctuating Cost of Raw Materials

11.2.2.  Supply Chain Disruptions

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. India Polypropylene Copolymer Market: SWOT Analysis

15. Porter’s Five Forces Analysis

15.1.             Competition in the Industry

15.2.             Potential of New Entrants

15.3.             Power of Suppliers

15.4.             Power of Customers

15.5.             Threat of Substitute Products

16. Pricing Analysis

17. Import-Export Analysis

17.1.             Country Wise Imports

17.2.             Country Wise Exports

18. India Economic Profile

19. Competitive Landscape

19.1.             Business Overview

19.2.             Product Offerings

19.3.             Recent Developments

19.4.             Financials (As Reported)

19.5.             Key Personnel

19.6.             Dealing in Domestic, Export or Both

19.7.             Manufacturing Plants & Corporate Head Quarters

19.8.             SWOT Analysis

19.8.1.  Reliance Industries Limited

19.8.2.  Jairam Plastic Industries’

19.8.3.  Indorama Corporation

19.8.4.  Shakti Plastic Industries

19.8.5.  Perfect Polychem Private Limited

19.8.6.  Captain Polyplast Limited

19.8.7.  Paras Polytech

19.8.8.  Gravita India Limited

19.8.9.  Kamal Polyplast

20. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Rising demand from electronic, construction and paints & coating sector are factor that drive the demand for the polypropylene copolymer (PCPP) market in the forecast period.

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Reliance Industries Limited, Jairam Plastic Industries, Indorama Corporation, Shakti Plastic Industries, Perfect Polychem Private Limited, Captain Polyplast Limited, Paras Polytech, Gravita India Limited, Kamal Polyplast are the key players operating in the India polypropylene copolymer (PCPP) market.

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Based on application, the market is divided into paint pails, lube pails, battery casings, consumer durables, textile, films, others. The consumer durables segment is expected to dominate the India polypropylene copolymer (PCPP) market in the forecast period.

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The west region is dominating the market and is expected to maintain its dominance over the next five years.

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Business Consultant
Press Release

India Polypropylene Copolymer (PCPP) Market to be Dominated by Consumer Durables Segment Through 2028

Nov, 2022

Growing demand from electronical & electronic industries and rising packaging industries are the factor that drive the demand for the India polypropylene copolymer (PCPP) market in the forecast perio

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