India Polyphenylene Oxide (ppo) Market Size & Outlook
India polyphenylene oxide (ppo) market, 2018-2030 (US$M)
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India polyphenylene oxide (ppo) market highlights
- The India polyphenylene oxide (ppo) market generated a revenue of USD 123.2 million in 2022 and is expected to reach USD 210.8 million by 2030.
- The India market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyphenylene oxide (ppo) market data book summary
| Market revenue in 2022 | USD 123.2 million |
| Market revenue in 2030 | USD 210.8 million |
| Growth rate | 6.9% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| 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, LyondellBasell Industries NV Class A, Sumitomo Chemical Co Ltd, Asahi Kasei Corp, Solvay SA, Mitsubishi Chemical Group Corp, Evonik Industries AG, Toray Industries Inc, Kingfa Science & Technology (I, SABIC, Polyplastics, Momentive, China National Bluestar Group |
Other key industry trends
- In terms of revenue, India accounted for 6.6% of the global polyphenylene oxide (ppo) market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyphenylene oxide (ppo) 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 210.8 million by 2030.
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Polyphenylene Oxide (PPO) Market Scope
Polyphenylene Oxide (PPO) Market Companies
| Name | Profile | # Employees | HQ | Website |
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India polyphenylene oxide (ppo) 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 polyphenylene oxide (ppo) market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 41.8% in 2022. Horizon Databook has segmented the India polyphenylene oxide (ppo) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Plastic industry is a significant contributor to various key sectors and the economic development of India such as Automotive, Healthcare, Electronics, Textiles, Construction, and FMCG. The plastic demand has been growing rapidly due to a strong chemical sector, which is providing support to the plastic industry.
India offers a substantial opportunity for manufacturing of polyphenylene oxide during the forecast period. The urbanization, growing income levels and increasing demographic dividend, all support growth the growth of demand and supply of petrochemicals in the country are supporting the application of polyphenylene oxide in end use industries.
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Horizon Databook provides a detailed overview of country-level data and insights on the India polyphenylene oxide (ppo) market , including forecasts for subscribers. This country databook contains high-level insights into India polyphenylene oxide (ppo) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India polyphenylene oxide (ppo) market size, by end use, 2018-2030 (US$M)
India Polyphenylene Oxide (PPO) Market Outlook Share, 2022 & 2030 (US$M)
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