[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

India High Density Polyethylene (HDPE): Plant Capacity, Production, Operating Efficiency, Demand & Supply, Grade, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

May 2020 | 68 pages | ID: I34E934CEFD8EN
TechSci Research

US$ 2,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Wire Transfer
Checkout Later
Need Help? Ask a Question
High Density Polyethylene (HDPE) demand in India is projected to grow at a healthy CAGR of 7.25% during the forecast period. HDPE demand is anticipated to increase due to continuous surge in demand for high density polyethylene pipes in agriculture for supplying water, and other agricultural activities like drainage and irrigation, owing to their remarkable corrosion resistance. Launch of Pradhan Mantri Krishi Sinchai Yojana (PMKSY) by the Government of India aimed at the development of irrigation sources in agricultural fields to escalate the demand for HDPE derived pipes in the forecast period.

Moreover, increasing demand for HDPE derived buckets, containers, wires & cables insulation is also expected will drive India HDPE market during the forecast period. The use of HDPE in blow molding for plastic production is also gaining popularity and preference in automotive, packaging, sports and other industries.

The blow molding segment holds the largest market share in 2020 and is projected to dominate the market of all the grades in the successive years. This is strongly attributed to increasing popularity for blow molded HDPE bottles in dairy, medical applications, water and other packaging sectors. Blow molded HDPE offers desirable properties such as tensile strength and temperature resistance for these applications. The blow molding segment held around 20% share market in 2020. Other major applications of blow molding HDPE include chemical tanks, pharmaceutical bottles and lubricant packaging etc. Meanwhile, demand for HDPE film grade in India in has been negatively affected due to the ban on the use of plastic bags.

India’s HDPE demand and production remained strongly affected in Q4FY20 due to sudden outbreak of COVID-19. Indefinite halt in production activities and demand downturn due to nationwide lockdown imposed to contain the spread of coronavirus has hard hit the overall HDPE demand. However, with ease in lockdown restrictions and gradual recovery in demand patterns, domestic HDPE players are optimistic and have started scaling up their operating efficiencies from 45 per cent in March to 80 per cent in May. Moreover, a significant rise in demand for HDPE bags could be observed as the central government turned to HDPE bags to combat the shortage of gunny bags to procure and distribute wheat stocks for addressing food security issues amid lockdown.

With stronger expansion of country’s agriculture sector and Indian government’s strenuous efforts to enhance the water transportation facilities in agricultural sector by encouraging farmers to make use of water conservation technologies, a strong boost in demand for HDPE pipes is expected. Moreover, domestic refiners actively planning to expand their petrochemicals and chemicals footprint will drive the growth of HDPE market in the years to come.

Years Considered for this Report:
  • Historical Years: 2015 – 2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022– 2030
Objective of the Study:
  • The primary objective of the study was to evaluate and forecast High Density Polyethylene (HDPE) capacity, production, demand, inventory, and demand – supply gap in India.
  • To categorize High Density Polyethylene (HDPE) demand based on end use, grade, region and sales channel.
  • To study trade dynamics and company share in India High Density Polyethylene (HDPE) market.
  • To identify major customers of High Density Polyethylene (HDPE) in India.
  • To evaluate and forecast High Density Polyethylene (HDPE) pricing by grade in India High Density Polyethylene (HDPE) market.
  • To identify and profile major companies operating in India High Density Polyethylene (HDPE) market.
  • To identify major news, deals and expansion plans in India High Density Polyethylene (HDPE) market.
Some of the major players operating in India High Density Polyethylene (HDPE) market are Haldia Petrochemicals Ltd., ONGC Petroadditions Ltd., Reliance Industries Limited, Indian Oil Corporation Limited, GAIL India Limited, HPCL-Mittal Energy Limited, Brahmaputra Cracker and Polymers Limited, etc. Dow, INEOS, SABIC and LyondellBasell Industries Holdings B.V. are some of the international players operating in the Indian market.

Import of HDPE declined by almost 5 per cent in FY 2020 and HDPE prices were assessed at USD XXX per MT on bulk contract basis. Global economic slowdown and halt in industrial activities impacted HDPE price in 2020 causing it to dip sharply. High-density polyethylene prices in India hovered between $830-860 per tonne in Q4FY20 depicting gradual fall in profit margins. Prices in the Indian market are likely to trend upwards by the 3rd Quarter of the current fiscal.

To extract data for India HDPE market, primary research surveys were conducted with HDPE manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for India HDPE market over the coming years.

ChemAnalyst calculated High Density Polyethylene (HDPE) demand in India by analyzing the historical data and demand forecast was carried out considering crude oil prices. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.

Key Target Audience:
  • HDPE manufacturers and other stakeholders
  • Organizations, forums and alliances related to HDPE distribution
  • Government bodies such as regulating authorities and policy makers
  • Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as HDPE manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the India High Density Polyethylene (HDPE) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Grade- Blow Molding, Raffia, HM/HDPE Film, Pipe, Injection Molding, Monofilament and Others

Market, by End Use- Containers, Woven Sack & Nets, Packaging Films, Pressure Pipes, Consumer Goods and Others

Market, by Sales Channel- Direct/Institutional Sales, Retail Sales, Other Channel Sales

Market, by Region- North, West, East and South

Competitive Landscape

ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.

Available Customizations:

With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
1. MANUFACTURING PROCESS & TECHNOLOGY LICENSING EVALUATION

2. INDIA HDPE DEMAND-SUPPLY GAP OUTLOOK, BY VOLUME

2.1. Capacity, By Company
2.2. Capacity, By Location
2.3. Capacity, By Technology
2.4. Capacity, By Process
2.5. Production, By Company
2.6. Operating Efficiency, By Company
2.7. Country-Wise Import
2.8. Country-Wise Export
2.9. Demand-Supply Gap

3. INDIA HDPE DEMAND OUTLOOK

3.1. By Grade
3.2. By End Use
3.3. By Distribution Channel
3.4. By Region / State
3.5. By Company

4. CUSTOMER ANALYSIS

4.1. Procurement Volume
4.2. Procurement Prices
4.3. Existing Supplier
4.4. Contact Details

5. COST STRUCTURE

5.1. Raw Material Cost
5.2. Selling & Distribution Cost
5.3. Fixed Cost
5.4. Other Cost

6. MARKET TRENDS & DEVELOPMENTS (FOCUS ON EMERGING APPLICATION AND MANUFACTURING TECHNOLOGIES

7. GRADE-WISE & COMPANY-WISE PRICING ANALYSIS (MONTHLY)

7.1. Historical Prices (Domestic, CFR)
7.2. Forecast

8. COMPETITIVE LANDSCAPE (TOP 10 COMPANIES IN TERMS OF REVENUE SHARE)

8.1. Company Profiles
  8.1.1. Key Financial Matrices
  8.1.2. Margin Analysis
  8.1.3. SWOT Analysis
  8.1.4. Key Market Focus and Geographical Presence
  8.1.5. Planned Investments
  8.1.6. Collaborations
  8.1.7. Technology Licensing
  8.1.8. Expansion Plan

9. PROJECT VIABILITY ANALYSIS

10. STRATEGIC RECOMMENDATIONS

11. ABOUT US & DISCLAIMER

LIST OF TABLES

Table 1: India HDPE Trade Dynamics, Country-Wise Import, 2015-2020 (Value in INR Million & Volume in KT)
Table 2: India HDPE Trade Dynamics, Country-Wise Export, 2015-2020 (Value in INR Million & Volume in KT)
Table 3: Customer Analysis of India HDPE Market, 2020
Table 4: Supplier Cost Structure Analysis of India HDPE Market, 2019 & 2020

LIST OF FIGURES

Figure 1: Company-Wise Capacity of India HDPE Market, 2015-2030F (KT)
Figure 2: Location-Wise Capacity of India HDPE Market, 2015-2030F (KT)
Figure 3: Process/Technology-Wise Capacity of India HDPE Market, 2015-2030F (KT)
Figure 4: Company-Wise Production of India HDPE Market, 2015-2030F (KT)
Figure 5: Company-Wise Operating Efficiency of India HDPE Market, 2015-2030F (%)
Figure 6: India HDPE Trade Surplus/Deficit, By Volume (KT), 2015-2020
Figure 7: India HDPE Demand Market Share, By Grade, 2015-2030F (%)
Figure 8: India HDPE Demand Market Share, By End Use, 2015-2030F (%)
Figure 9: India HDPE Demand Market Share, By Distribution Channel, 2015-2030F (%)
Figure 10: India HDPE Demand Market Share, By Region, 2015-2030F (%)
Figure 11: India HDPE Demand Market Share, By Company, 2020 & 2021E (%)
Figure 12: India HDPE Recent News / Deals

COMPANIES MENTIONED

1. Haldia Petrochemicals Ltd.
2. ONGC Petroadditions Ltd.
3. Reliance Industries Limited
4. Indian Oil Corporation Limited
5. GAIL India Limited
6. HPCL-Mittal Energy Limited
7. Brahmaputra Cracker and Polymers Limited
8. Dow Chemical Company
9. INEOS
10. SABI
11. LyondellBasell Industries Holdings


More Publications