India Propylene Market (2024-2030) Outlook | Growth, Size, Companies, Industry, Forecast, Analysis, Share, Revenue, Value & Trends

Market Forecast By Derivatives (Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Acrylic acid & Acrylates, Alcohols, Others), By Industrial Verticals (Automotive, Construction, Packaging, Textile, Others), By Types (Purity 99%, Purity 99.5%, Others), By Application (Organic Chemical Raw Materials, Synthetic Resins, Fine Chemicals, Other), By Production process Technology (Steam Cracking, Refinery, On- Purpose) And Competitive Landscape
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 Shipment Analysis

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.

India Propylene Market Competition 2023


India Export Potential Assessment For Propylene Market (Values in Thousand)


India Propylene Market Synopsis

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.

Market Drivers

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.

Challenges of the Market

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.

Key Players in the Market

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

Key Highlights of the Report:

  • India Propylene Market Outlook
  • Market Size of India Propylene Market, 2020
  • Forecast of India Propylene Market, 2027
  • Historical Data and Forecast of India Propylene Revenues & Volume for the Period 2023 - 2027
  • India Propylene Market Trend Evolution
  • India Propylene Market Drivers and Challenges
  • India Propylene Price Trends
  • India Propylene Porter's Five Forces
  • India Propylene Industry Life Cycle
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Derivatives for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Polypropylene for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Propylene oxide for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Cumene for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Acrylonitrile for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Acrylic acid & Acrylates for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Alcohols for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Others for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Industrial Verticals for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Automotive for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Construction for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Packaging for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Textile for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Others for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Types for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Purity 99% for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Purity 99.5% for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Others for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Application for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Organic Chemical Raw Materials for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Synthetic Resins for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Fine Chemicals for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Other for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Production process Technology for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Steam Cracking for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By Refinery for the Period 2023 - 2027
  • Historical Data and Forecast of India Propylene Market Revenues & Volume By On- Purpose for the Period 2023 - 2027
  • India Propylene Import Export Trade Statistics
  • Market Opportunity Assessment By Derivatives
  • Market Opportunity Assessment By Industrial Verticals
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Production process Technology
  • India Propylene Top Companies Market Share
  • India Propylene Competitive Benchmarking By Technical and Operational Parameters
  • India Propylene Company Profiles
  • India Propylene Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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

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