Product Code: ETC102043 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Propylene Market registered a growth of 25.03% in value shipments in 2022 as compared to 2021 and an increase of 7.43% CAGR in 2022 over a period of 2017. In Propylene Market India is becoming less competitive as HHI index in 2022 was 1512 while in 2017 it was 1389. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Propylene Market.
The India propylene market is expected to grow at a CAGR of 6%-8% during the forecast period, due to increasing demand from end user industries such as automotive, adhesives and construction. The petrochemical industry in India has witnessed significant investment over the past decade. This coupled with growing demand for polypropylene products is expected to drive growth in this sector. Moreover, government initiatives such as Make In India and Smart Cities Mission are anticipated to boost investments further in the near future thus facilitating market expansion.
Expansion of downstream applications ??? Increasing utilization of propylene derivatives such as polypropylene by various end-user industries like automotive and construction will propel the growth of this market in India.Government policies & initiatives ??? Government policies including Make In India and Smart Cities Mission are encouraging businesses across sectors set up manufacturing plants within India which is likely to increase domestic production capacities thereby stimulating regional demand for propylene feedstock.
High capital costs ??? Setting up & operating a petrochemical plant requires large amounts of capital investments which can be difficult for small players , resulting into low competition levels & high pricing power for major manufacturers.
Major companies operating in the India propylene market include Reliance Industries Ltd., Haldia Petrochemicals Ltd., Gujarat State Fertilizers & Chemicals Ltd., India Oil Corporation Limited (IOCL), Bharat Oman Refineries Limited (BORL) among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Propylene Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Propylene Market Revenues & Volume, 2020 & 2027F |
3.3 India Propylene Market - Industry Life Cycle |
3.4 India Propylene Market - Porter's Five Forces |
3.5 India Propylene Market Revenues & Volume Share, By Derivatives, 2020 & 2027F |
3.6 India Propylene Market Revenues & Volume Share, By Industrial Verticals, 2020 & 2027F |
3.7 India Propylene Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.8 India Propylene Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.9 India Propylene Market Revenues & Volume Share, By Production process Technology, 2020 & 2027F |
4 India Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Propylene Market Trends |
6 India Propylene Market, By Types |
6.1 India Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 India Propylene Market Revenues & Volume, By Derivatives, 2018 - 2027F |
6.1.3 India Propylene Market Revenues & Volume, By Polypropylene, 2018 - 2027F |
6.1.4 India Propylene Market Revenues & Volume, By Propylene oxide, 2018 - 2027F |
6.1.5 India Propylene Market Revenues & Volume, By Cumene, 2018 - 2027F |
6.1.6 India Propylene Market Revenues & Volume, By Acrylonitrile, 2018 - 2027F |
6.1.7 India Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2018 - 2027F |
6.1.8 India Propylene Market Revenues & Volume, By Alcohols, 2018 - 2027F |
6.2 India Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 India Propylene Market Revenues & Volume, By Automotive, 2018 - 2027F |
6.2.3 India Propylene Market Revenues & Volume, By Construction, 2018 - 2027F |
6.2.4 India Propylene Market Revenues & Volume, By Packaging, 2018 - 2027F |
6.2.5 India Propylene Market Revenues & Volume, By Textile, 2018 - 2027F |
6.2.6 India Propylene Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 India Propylene Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 India Propylene Market Revenues & Volume, By Purity 99%, 2018 - 2027F |
6.3.3 India Propylene Market Revenues & Volume, By Purity 99.5%, 2018 - 2027F |
6.3.4 India Propylene Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 India Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2018 - 2027F |
6.4.3 India Propylene Market Revenues & Volume, By Synthetic Resins, 2018 - 2027F |
6.4.4 India Propylene Market Revenues & Volume, By Fine Chemicals, 2018 - 2027F |
6.4.5 India Propylene Market Revenues & Volume, By Other, 2018 - 2027F |
6.5 India Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 India Propylene Market Revenues & Volume, By Steam Cracking, 2018 - 2027F |
6.5.3 India Propylene Market Revenues & Volume, By Refinery, 2018 - 2027F |
6.5.4 India Propylene Market Revenues & Volume, By On- Purpose, 2018 - 2027F |
7 India Propylene Market Import-Export Trade Statistics |
7.1 India Propylene Market Export to Major Countries |
7.2 India Propylene Market Imports from Major Countries |
8 India Propylene Market Key Performance Indicators |
9 India Propylene Market - Opportunity Assessment |
9.1 India Propylene Market Opportunity Assessment, By Derivatives, 2020 & 2027F |
9.2 India Propylene Market Opportunity Assessment, By Industrial Verticals, 2020 & 2027F |
9.3 India Propylene Market Opportunity Assessment, By Types, 2020 & 2027F |
9.4 India Propylene Market Opportunity Assessment, By Application, 2020 & 2027F |
9.5 India Propylene Market Opportunity Assessment, By Production process Technology, 2020 & 2027F |
10 India Propylene Market - Competitive Landscape |
10.1 India Propylene Market Revenue Share, By Companies, 2020 |
10.2 India Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |