India Polyolefin Market Size & Outlook, 2023-2030
India polyolefin market, 2018-2030 (US$M)
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India polyolefin market highlights
- The India polyolefin market generated a revenue of USD 26,847.7 million in 2023 and is expected to reach USD 41,658.0 million by 2030.
- The India market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating product in 2023.
- Ethylene-Vinyl Acetate (EVA) is the most lucrative product segment registering the fastest growth during the forecast period.
Polyolefin market data book summary
| Market revenue in 2023 | USD 26,847.7 million |
| Market revenue in 2030 | USD 41,658.0 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
| Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
Other key industry trends
- In terms of revenue, India accounted for 10.6% of the global polyolefin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyolefin market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 41,658.0 million by 2030.
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Polyolefin Market Scope
Polyolefin Market Companies
| Name | Profile | # Employees | HQ | Website |
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India polyolefin 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 polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 37.3% in 2023. Horizon Databook has segmented the India polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian automotive, aerospace, and construction sectors are poised for a robust growth trajectory in the coming years. This projection is underpinned by escalating consumer demand and a notable uptick in disposable income.
Notably, the construction industry asserts its significance as the second-largest contributor to India's GDP, while also emerging as a substantial generator of employment opportunities.
Moreover, the favorable shifts in regional economic conditions are poised to catalyze advancements within the automotive sector, setting the stage for favorable conditions for the polyolefin market.
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Our clientele includes a mix of polyolefin market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into India polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India polyolefin market size, by product, 2018-2030 (US$M)
India Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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