India Polyethylene Market Size & Outlook, 2022-2030
India polyethylene market, 2018-2030 (US$M)
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India polyethylene market highlights
- The India polyethylene market generated a revenue of USD 10,367.5 million in 2022 and is expected to reach USD 15,392.3 million by 2030.
- The India market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- CONSTRUCTION is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyethylene market data book summary
| Market revenue in 2022 | USD 10,367.5 million |
| Market revenue in 2030 | USD 15,392.3 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | CONSTRUCTION |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, India accounted for 6.8% of the global polyethylene market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyethylene market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,273.8 million by 2030.
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Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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India polyethylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 68.66% in 2022. Horizon Databook has segmented the India polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive industry in India is experiencing continuous growth and modernization. This, in turn, is leading to an increased demand for polyethylene for use in various applications in this industry. Polyethylene is preferred in the automotive industry for manufacturing interior and exterior components of vehicles to reduce their weight and enhance their fuel efficiency.
The increasing demand for automobiles and the rising adoption of electric vehicles contribute to the sustained requirement for polyethylene for use in the automotive industry in the country. This, in turn, drives the growth of the market in India.
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Target buyers of India polyethylene market databook
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Our clientele includes a mix of polyethylene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into India polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India polyethylene market size, by end use, 2018-2030 (US$M)
India Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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