PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351287
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351287
India High Density Polyethylene Market, By Application ; By End User ; By Feedstock ; By Manufacturing ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India High Density Polyethylene (HDPE) Market Size Set to Touch USD 2.8 Billion by 2029.
India high density polyethylene (HDPE) market is flourishing because of an increasing number and complexity of surgical procedures and adoption of technological advancements in surgical stapler design.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India High Density Polyethylene (HDPE) market size at USD 1.97 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the India High Density Polyethylene (HDPE) market size to grow at a significant CAGR of 5.8% reaching a value of USD 2.76 billion by 2029. Major growth drivers for the India High Density Polyethylene (HDPE) market include the rising demand for HDPE pipes in agriculture due to corrosion resistance, crucial for water supply and irrigation. This surge is linked to the Pradhan Mantri Krishi Sinchai Yojana (PMKSY). Domestic refiners' expansion plans also fuel the HDPE sector. Demand for diverse HDPE products like containers and insulation further boosts the market. HDPE's applications go beyond agriculture, including blow molding for plastics in automotive, packaging, and sports. Its adaptability and advantageous properties make it a preferred choice. However, fluctuating raw material prices are anticipated to restrain the overall market growth during the period in analysis.
India High Density Polyethylene (HDPE) Market - Overview:
High-density polyethylene (HDPE) is a thermoplastic form of polyethylene derived from sources, including naphtha, natural gas, and gas oil. The production of each kilogram of high-density polyethylene (HDPE) necessitates the consumption of approximately 1.75 kilograms of petroleum, encompassing both energy and raw materials. Its density ranges from 0.93 g/cm³ to 0.97 g/cm³. This relatively elevated density results in minimal branching within high-density polyethylene's molecular structure, leading to heightened intermolecular forces and tensile strength. The increase in strength surpasses the variation in density, conferring upon high-density polyethylene a superior specific strength.
Impact of COVID-19 on India High Density Polyethylene (HDPE) Market
COVID-19 pandemic adversely affected the India High Density Polyethylene (HDPE) market. Supply chain disruptions, reduced industrial activities, and fluctuating demand characterized this period. Lockdown measures and economic uncertainties hindered production and consumption, affecting sectors heavily reliant on HDPE, such as packaging, construction, and automotive. Nonetheless, the market displayed resilience due to HDPE's essential applications in healthcare, sanitation, and packaging for essential goods. As the situation stabilized, a gradual recovery was observed, driven by the resumption of industrial operations and adaptation to evolving consumer demands. This period underscored the importance of supply chain resilience and diversified applications in future market strategies.
India High Density Polyethylene (HDPE) Market - By End User:
Based on end user, the India High Density Polyethylene (HDPE) market is divided into Packaging, Transportation, Electrical & Electronics, Building & Construction, Agriculture, and Industry & Machinery segments. The packaging segment held the highest share in the India High Density Polyethylene (HDPE) market by end user due to its widespread and essential applications across various industries. HDPE's properties, such as durability, chemical resistance, and versatility, make it a preferred choice for packaging materials. It's extensively used for producing bottles, containers, bags, films, and more, in industries like food & beverages, cosmetics, pharmaceuticals, and consumer goods. Also, the growth of e-commerce and increasing consumer demand for packaged products further contribute to the dominance of the packaging segment in the HDPE market.
Competitive Landscape:
Major players operating in the India High Density Polyethylene (HDPE) market include: JSP, Armacell, Zotefoams Plc/Sealed Air, Recticel NV/SA, BASF SE, INOAC CORPORATION, and Thermotec. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India High Density Polyethylene (HDPE) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India High Density Polyethylene (HDPE) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India High Density Polyethylene (HDPE) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing infrastructure development
- 3.2.1.2. Increasing demand from packaging industry
- 3.2.2. Restraints
- 3.2.2.1. Fluctuating raw material prices
- 3.2.3. Opportunities
- 3.2.3.1. Growth in developing economies
- 3.2.4. Challenges
- 3.2.4.1. Environmental concerns
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India High Density Polyethylene (HDPE) Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Application
- 4.2.1.1. Blow Molding
- 4.2.1.2. Injection Molding
- 4.2.1.3. Pipes and Tubes
- 4.2.1.4. Rigid Articles
- 4.2.1.5. Sheets and Films
- 4.2.1.6. Others
- 4.2.2. By End User
- 4.2.2.1. Packaging
- 4.2.2.2. Transportation
- 4.2.2.3. Electrical and Electronics
- 4.2.2.4. Building and Construction
- 4.2.2.5. Agriculture
- 4.2.2.6. Industry and Machinery
- 4.2.2.7. Other
- 4.2.3. By Feedstock
- 4.2.3.1. Naphtha
- 4.2.3.2. Natural Gas
- 4.2.3.3. Others
- 4.2.4. By Manufacturing
- 4.2.4.1. Gas Phase
- 4.2.4.2. Slurry Process
- 4.2.4.3. Solution Process
- 4.2.4.4. Others
- 4.2.5. By Region
- 4.2.5.1. North India
- 4.2.5.2. South India
- 4.2.5.3. East India
- 4.2.5.4. West India
- 4.2.1. By Application
5. North India High Density Polyethylene (HDPE) Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Application
- 5.2.2. By End User
- 5.2.3. By Feedstock
- 5.2.4. By Manufacturing
6. South India High Density Polyethylene (HDPE) Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Application
- 6.2.2. By End User
- 6.2.3. By Feedstock
- 6.2.4. By Manufacturing
7. East India High Density Polyethylene (HDPE) Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Application
- 7.2.2. By End User
- 7.2.3. By Feedstock
- 7.2.4. By Manufacturing
8. West India High Density Polyethylene (HDPE) Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Application
- 8.2.2. By End User
- 8.2.3. By Feedstock
- 8.2.4. By Manufacturing
9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India High Density Polyethylene (HDPE) Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India High Density Polyethylene (HDPE) Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 11.1. JSP
- 11.2. Armacell
- 11.3. Zotefoams PlcSealed Air
- 11.4. Recticel NV/SA
- 11.5. BASF SE
- 11.6. INOAC CORPORATION
- 11.7. Thermotec
- 11.8. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Country
- 9.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List Of Figures
- Figure 1: India High Density Polyethylene (HDPE) Segmentation
- Figure 2: India High Density Polyethylene (HDPE) Market Value Chain Analysis
- Figure 3: Company Market Share Analysis, 2022
- Figure 4: India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Figure 5: India High Density Polyethylene (HDPE) Market Share, By Application, By Value, 2019-2029
- Figure 6: India High Density Polyethylene (HDPE) Market Share, By End User, By Value, 2019-2029
- Figure 7: India High Density Polyethylene (HDPE) Market Share, By Feedstock, By Value, 2019-2029
- Figure 8: India High Density Polyethylene (HDPE) Market Share, By Manufacturing, By Value, 2019-2029
- Figure 9: North India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Figure 10: North India High Density Polyethylene (HDPE) Market Share, By Application, By Value, 2019-2029
- Figure 11: North India High Density Polyethylene (HDPE) Market Share, By End User, By Value, 2019-2029
- Figure 12: North India High Density Polyethylene (HDPE) Market Share, By Feedstock, By Value, 2019-2029
- Figure 13: North India High Density Polyethylene (HDPE) Market Share, By Manufacturing, By Value, 2019-2029
- Figure 14: South India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Figure 15: South India High Density Polyethylene (HDPE) Market Share, By Application, By Value, 2019-2029
- Figure 16: South India High Density Polyethylene (HDPE) Market Share, By End User, By Value, 2019-2029
- Figure 17: South India High Density Polyethylene (HDPE) Market Share, By Feedstock, By Value, 2019-2029
- Figure 18: South India High Density Polyethylene (HDPE) Market Share, By Manufacturing, By Value, 2019-2029
- Figure 19: East India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Figure 20: East India High Density Polyethylene (HDPE) Market Share, By Application, By Value, 2019-2029
- Figure 21: East India High Density Polyethylene (HDPE) Market Share, By End User, By Value, 2019-2029
- Figure 22: East India High Density Polyethylene (HDPE) Market Share, By Feedstock, By Value, 2019-2029
- Figure 23: East India High Density Polyethylene (HDPE) Market Share, By Manufacturing, By Value, 2019-2029
- Figure 24: West India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Figure 25: West India High Density Polyethylene (HDPE) Market Share, By Application, By Value, 2019-2029
- Figure 26: West India High Density Polyethylene (HDPE) Market Share, By End User, By Value, 2019-2029
- Figure 27: West India High Density Polyethylene (HDPE) Market Share, By Feedstock, By Value, 2019-2029
- Figure 28: West India High Density Polyethylene (HDPE) Market Share, By Manufacturing, By Value, 2019-2029
List of Tables
- Table 1 India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Table 2 India High Density Polyethylene (HDPE) Market Size, By Application, By Value, 2019-2029
- Table 3 India High Density Polyethylene (HDPE) Market Size, By End User, By Value, 2019-2029
- Table 4 India High Density Polyethylene (HDPE) Market Size, By Feedstock, By Value, 2019-2029
- Table 5 India High Density Polyethylene (HDPE) Market Size, By Manufacturing, By Value, 2019-2029
- Table 6 North India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Table 7 North India High Density Polyethylene (HDPE) Market Size, By Application, By Value, 2019-2029
- Table 8 North India High Density Polyethylene (HDPE) Market Size, By End User, By Value, 2019-2029
- Table 9 North India High Density Polyethylene (HDPE) Market Size, By Feedstock, By Value, 2019-2029
- Table 10: North India High Density Polyethylene (HDPE) Market Size, By Manufacturing, By Value, 2019-2029
- Table 11: South India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Table 12: South India High Density Polyethylene (HDPE) Market Size, By Application, By Value, 2019-2029
- Table 13: South India High Density Polyethylene (HDPE) Market Size, By End User, By Value, 2019-2029
- Table 14: South India High Density Polyethylene (HDPE) Market Size, By Feedstock, By Value, 2019-2029
- Table 15: South India High Density Polyethylene (HDPE) Market Size, By Manufacturing, By Value, 2019-2029
- Table 16: East India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Table 17: East India High Density Polyethylene (HDPE) Market Size, By Application, By Value, 2019-2029
- Table 18: East India High Density Polyethylene (HDPE) Market Size, By End User, By Value, 2019-2029
- Table 19: East India High Density Polyethylene (HDPE) Market Size, By Feedstock, By Value, 2019-2029
- Table 20: East India High Density Polyethylene (HDPE) Market Size, By Manufacturing, By Value, 2019-2029
- Table 21: West India High Density Polyethylene (HDPE) Market Size, By Value (USD Million), 2019-2029
- Table 22: West India High Density Polyethylene (HDPE) Market Size, By Application, By Value, 2019-2029
- Table 23: West India High Density Polyethylene (HDPE) Market Size, By End User, By Value, 2019-2029
- Table 24: West India High Density Polyethylene (HDPE) Market Size, By Feedstock, By Value, 2019-2029
- Table 25: West India High Density Polyethylene (HDPE) Market Size, By Manufacturing, By Value, 2019-2029
- Table 26: JSP Company Overview
- Table 27: JSP Financial Overview
- Table 28: Armacell Company Overview
- Table 29: Armacell Financial Overview
- Table 30: Zotefoams PlcSealed Air Company Overview
- Table 31: Zotefoams PlcSealed Air Financial Overview
- Table 32: Recticel NV/SA Company Overview
- Table 33: Recticel NV/SA Financial Overview
- Table 34: BASF SE Company Overview
- Table 35: BASF SE Financial Overview
- Table 36: INOAC CORPORATION Company Overview
- Table 37: INOAC CORPORATION Financial Overview
- Table 38: Thermotec Company Overview
- Table 39: Thermotec Financial Overview
