Demand for Packaging to Drive Polymer Market in India, finds Netscribes26 Jan 2012 • by Natalie Aster
The polymer industry in India is expected to see steady growth in the future. Per capita consumption of polymers is still low compared to developed nations which brings with it a latent opportunity for the sector to grow. Though crude oil and naphtha prices have been a reason of concern as imports tend to become dearer, India is set to become more self-reliant and grow to suffice its domestic demand for polymers.
India faces low per capita consumption of polymers which poses latent opportunities for the sector. However, the sector is also facing certain challenges. Factors such as rise in crude oil prices and environmental degradation pose as impediments for this sector.
Government participation in this sector covers policy resolution for promotion of PCPIR, certain schemes of the Government and formation of Petroleum and Natural Gas Board Act. The major trends identified include usage of polymers in the healthcare sector, improvised marketing offers for polymer buyers, and shift towards gas based production units and investments.
The new report “Polymer Market in India 2012” by Netscribes (India) begins with an overview of the petrochemical industry in India providing the market size and growth as well as information regarding the increase in refining capacity in India. This is followed by a primary segmentation of the industry.
The overview of polymer industry provides an introduction to the sector and covers the market size and growth along with share of polymer in India. This is followed by an analysis of the value chain as well as a description of the key processes involved in the methodology for developing polymeric products. The section also renders information about the distribution model prevalent in the sector along with an EXIM trend over a period of five years. Porter’s Five Forces analysis concludes this section.
The next section provides highlights regarding the major polymers in the Indian Market. The sector can be categorized into four major sub-divisions of polymers. It includes information regarding individual market sizes and growth. Also provided are the primary properties and uses of these polymers.
Polymer Market in India 2012
Published: January 2012
Price: US$ 750,00
An analysis of the drivers explains the factors for growth of the market and includes demand from packaging industry, growth in associated manufacturing sectors, increase in usage of polymer products in agriculture, depreciation of rupee and low per capita consumption of polymer.
The competition section offers a competitive landscape of the players by providing their financials and key financial ratios. It also provides basic information including corporate office address, contact numbers, along with year of incorporation. Key financial parameters constitute the financial performances of the players which are followed by business highlights. Strategic recommendations followed by an appendix comprise the concluding section of the report.
More information can be found in the report “Polymer Market in India 2012” by Netscribes (India).
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