Polystyrene demand in India stood at 259
KTPA in 2018 and is projected to grow at a CAGR of around 7% during 2019-2030
to reach 596 KTPA by 2030. High demand for polystyrene across various sectors
such as consumer electronics, food packaging, healthcare industry, residential
construction and infrastructure projects, appliance housings, etc., is expected
to propel India polystyrene market during forecast period. Moreover, increased
usage of polystyrene in various applications like tub and shower enclosures,
automobile body panels, wind turbine parts, boats, envelope windows,
refrigerators, roofing, plumbing, insulation, extrusion, thermoforming
applications, injection molding, toys, computer housings is further expected to
drive demand for polystyrene across India during forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the
- The primary objective of the study was
to evaluate and forecast polystyrene capacity,
production, demand, inventory, and demand–supply gap in India..
- To categorize polystyrene demand based
on type, end use, region and sales channel.
- To identify major customers of polystyrene
- To evaluate and forecast polystyrene pricing
- To identify and profile major companies operating
in India polystyrene market.
- To identify major news, deals and expansion
plans in India polystyrene market.
Some of the major players
operating in India polystyrene market are Supreme Petrochem Limited, LG
Polymers India Private Limited, INEOS Styrolution India Limited, etc.
To extract data for India polystyrene
market, primary research surveys were conducted with polystyrene 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 polystyrene
market over the coming years.
TechSci Research calculated polystyrene
demand in India by analyzing the historical data and demand forecast which was
carried out considering imported styrene prices, a monomer used for production of
polystyrene. 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:
manufacturers and other stakeholders
forums and alliances related to polystyrene distribution
bodies such as regulating authorities and policy makers
research organizations and consulting companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as polystyrene manufacturers, distributors and policymakers.
The report also provides useful insights about which market segments should be
targeted over the coming years to strategize investments and capitalize on
In this report, India polystyrene market has been
segmented into following categories:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
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]