Product Code: ETC198816 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Propylene Oxide market currently, in 2023, has witnessed an HHI of 2951, Which has decreased slightly as compared to the HHI of 4225 in 2017. The market is moving towards concentrated. 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 fewer numbers of players or countries exporting in the market.
Propylene oxide (PO) is a highly reactive chemical intermediate used to make polyethers, glycols, and other chemicals. It has various industrial applications such as adhesives & sealants, water treatment chemicals, lubricant additives, detergents & surfactants etc. In India, the propylene oxide market was valued at USD xx million in 2017 and is expected to reach USD xx million by 2025 exhibiting CAGR of x%.
The major drivers for the growth of Propylene Oxide Market in India are increasing usage in healthcare products like medical gloves and surge in demand for personal care products like soaps and detergents due to growing population along with rising disposable income levels among middle-class families. Additionally government initiatives such as Make in India campaign have also been instrumental for encouraging domestic production of PO thereby providing impetus to market growth over next few years.
However there are certain challenges faced by this industry which include fluctuations in raw material prices along with stringent environmental regulations imposed on emissions arising from PO production process thus escalating cost of production leading to margin erosion among manufacturers coupled with lack of technological advancements further obstructing its overall market potential.
Some key players operating within India Propylene Oxide market include BASF SE., Dowdupont Inc., Shell Chemicals Ltd., Reliance Industries Limited (RIL), Gujarat State Fertilizers & Chemicals Ltd (GSFC).etc.
The Covid-19 pandemic has adversely impacted India economy causing immense disruption across various industries including propylene oxide where manufacturing has come down significantly due to lockdowns imposed throughout country resulting decreased consumer spending that consequently put downward pressure on sales volumes while supply chain disruptions have caused price spikes making it difficult for buyers procure materials at reasonable rates thus stalling overall progress made previously within this sector though gradually operations are slowly picking up pace still long way ahead before it gets back pre covid state.
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 oxide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Propylene oxide Market Revenues & Volume, 2021 & 2031F |
3.3 India Propylene oxide Market - Industry Life Cycle |
3.4 India Propylene oxide Market - Porter's Five Forces |
3.5 India Propylene oxide Market Revenues & Volume Share, By By Product, 2021 & 2031F |
3.6 India Propylene oxide Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 India Propylene oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Propylene oxide Market Trends |
6 India Propylene oxide Market, By Types |
6.1 India Propylene oxide Market, By By Product |
6.1.1 Overview and Analysis |
6.1.2 India Propylene oxide Market Revenues & Volume, By By Product, 2021-2031F |
6.1.3 India Propylene oxide Market Revenues & Volume, By Polyether Polyols, 2021-2031F |
6.1.4 India Propylene oxide Market Revenues & Volume, By Propylene Glycols, 2021-2031F |
6.1.5 India Propylene oxide Market Revenues & Volume, By Propylene Glycol Ethers (PGE), 2021-2031F |
6.1.6 India Propylene oxide Market Revenues & Volume, By Polyalkylene Glycols, 2021-2031F |
6.1.7 India Propylene oxide Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Propylene oxide Market, By By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 India Propylene oxide Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India Propylene oxide Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.4 India Propylene oxide Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.5 India Propylene oxide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 India Propylene oxide Market Revenues & Volume, By Detergents and Lubricants, 2021-2031F |
6.2.7 India Propylene oxide Market Revenues & Volume, By Other, 2021-2031F |
7 India Propylene oxide Market Import-Export Trade Statistics |
7.1 India Propylene oxide Market Export to Major Countries |
7.2 India Propylene oxide Market Imports from Major Countries |
8 India Propylene oxide Market Key Performance Indicators |
9 India Propylene oxide Market - Opportunity Assessment |
9.1 India Propylene oxide Market Opportunity Assessment, By By Product, 2021 & 2031F |
9.2 India Propylene oxide Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 India Propylene oxide Market - Competitive Landscape |
10.1 India Propylene oxide Market Revenue Share, By Companies, 2024 |
10.2 India Propylene oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |