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Last updated: 27 Sep, 2014  

Polymer Industry in India - Export Opportunities

PR Newswire | 02 Aug, 2012
Polymer Industry in India - Export Opportunities and Promising Growth in Domestic Packaging and Automotive Sectors to Drive the Demand

NEW YORK: Reportlinker.com announces that a new market research report is available in its catalogue: Polymer Industry in India - Export Opportunities and Promising Growth in Domestic Packaging and Automotive Sectors to Drive the Demandhttp://www.reportlinker.com/p0941882/Polymer-Industry-in-India---Export-Opportunities-and-Promising-Growth-in-Domestic-Packaging-and-Automotive-Sectors-to-Drive-the-Demand.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Plastic

Polymer Industry in India - Export Opportunities and Promising Growth in Domestic Packaging and Automotive Sectors to Drive the Demand

Summary

GlobalData, the industry analysis specialist, has released its latest research, "Polymer Industry in India - Export Opportunities and Promising Growth in Domestic Packaging and Automotive Sectors to Drive the Demand". The study from the company's Petrochemical Research Group provides an in-depth analysis of the Indian polymer industry. It highlights the major features of the industry and explains the reasons behind its impressive growth in the last decade. The report gives the historic and forecast demand for polymers (polyethylene, polypropylene, polyethylene terephthalate (PET) resins, polyvinyl chloride (PVC) and styrene butadiene rubber (SBR)) in the region, and discusses the major end use sectors which will drive the polymer demand in India. It also explains the factors which are facilitating the growth of processed plastics exports from India, and gives forecasts for polymer production for the next five years. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData's research team of industry experts.

The Indian polymer industry made a promising beginning in 1957, but its growth era started after economic liberalization which facilitated the growth of the major polymer end-use sectors. The Indian polymer industry grew at an impressive rate from 2000 to 2011 to become the world's third largest consumer of polymers after China and the US. Most of this growth has been driven by the packaging sector which is the largest consumer of polymers worldwide. With a rapidly growing economy and the increasing spending power of the Indian middle class, the packaging sector is expected to grow further and create a higher demand for polymers. The automotive sector also is one of the fastest growing polymer end-use sectors and is expected to maintain its growth rate in the future. Plasticulture will be the emerging sector which will drive polymer demand over the next five years. Government support has been crucial for polymer industry growth. The government's decision to allow 100% foreign direct investment in the processed food industry will drive the demand from the packaging sector. The national mission on micro irrigation will also help popularize plasticulture in the long term.

Replicating the growth in gross domestic product, polymer demand in India grew from 3.459 Million Metric ton per annum (MMtpa) in 2000 to 9.013 MMtpa in 2011 at a Compound Annual Growth Rate (CAGR) of 9.1%. Strong growth in the packaging and automotive sectors will drive the demand further to 14.315 MMtpa in 2016. To meet this growing demand, India increased its polymer production from 3.568 MMtpa in 2000 to 7.377 MMtpa in 2016. Production is expected to increase to 11.575 MMtpa in 2016. India's processed plastics exports have also grown in the last five years to reach to $2.323 billion in the fiscal year ended 2011. As the investment in the processed plastics industry gradually increases, the scale of operation will also increase. This will result in a larger and more efficient processed plastics industry to complement the upstream polymers industry.

Scope

The report provides in-depth analysis, market opportunities and challenges for the manufacturers of polymers in India and abroad. It also contains detailed information about polymer capacity, demand and production in India. Its scope includes - - India's historic and forecast per capita plastics consumption- Historical and forecast polymers capacity in India- Polymer demand and production by commodity in India- Global polymer demand and production share by region- Global polymer capacity split by region- Historic and forecast polymer imports into India.- Demand for polymers by the packaging and automotive sectors in India- Historic processed plastics exports from India- Forecast demand for polymers from the plasticulture sector in India

Reasons to buy

The report will enhance your decision-making capability. It will allow you to - - Understand end-use sectors which drive polymer demand in India.- Develop business strategies with the help of specific insights on the polymers supply scenario in India.- Identify opportunities in the Indian polymer industry with the help of specific insight on the polymer demand scenario in India.- Increase future revenue and profitability with the help of insights into the future opportunities and critical success factors in the Indian polymer industry.1 Table of Contents1 Table of Contents 31.1 List of Tables 41.2 List of Figures 52 Introduction 62.1 Overview 62.2 GlobalData Report Guidance 73 Main Features of the Indian Polymer Industry 83.1 Indian Polymer Industry Gained Momentum after Economic Reforms 83.2 Low Per Capita Plastics Consumption Creates Immense Opportunities 83.3 Commodity Plastics Segment Dominates the Industry Due to Cost Advantage over Engineering Plastics 103.4 Polymer Industry is Expanding with Increasing Demand and Continuous Capacity Additions 124 Rapid Industrialisation and Urbanisation of Indian Economy to Result in Higher Polymer Consumption 154.1 Polymer Industry is Closely Following the GDP Growth Rate 154.2 Polymer Production is Growing Rapidly with Continuous Capacity Addition 184.3 India has Become the Third Largest Polymers Market in the World 204.4 India's Share in Polymer Production Needs to Increase to Meet Growing Demand 214.5 Strong Growth in Domestic Demand will Lead to an Increase in Imports Over the Next Five Years 225 Packaging Sector is the Largest End-Use Sector for Polymers 245.1 Demand from the Packaging Sector has Increased Consistently 245.2 Bulk of Commodity Plastics is Consumed in the Packaging Sector 265.3 Consistently Growing Retail Sector to Accelerate the Demand for Polymers in Packaging Applications 285.4 Processed Food Industry will Develop to Reduce Harvest and Post Harvest Wastage 296 Automotive Sector will Continue to Create Demand for Polymers 306.1 Indian Automotive Sector is One of the Fast Growing Automotive Sectors in the World 306.2 Automotive Production Increased Substantially After De-licensing 326.3 Automotive Exports have Grown Faster than Production 346.4 Increasing Consumption in Automotives will Augment Polymer Demand Substantially 366.5 Growing Automotive Sector is Driving the Synthetic Butadiene Rubber Demand 387 Increasing Plasticulture Applications will Enhance the Demand for Polymers 397.1 Micro Irrigation Scheme to Accelerate the Polymers Demand 407.2 Precision Farming Development Centers to Encourage R&D in Plasticulture 428 Higher Effciency in the Processed Plastics Industry will Drive Exports 438.1 Processed Plastics Exports have Grown Significantly in the Last Five Years 438.2 Higher Investment to Raise the Scale of Operation in the Processed Plastics Sector 449 Government Support has been Instrumental in Promoting Polymer Demand 469.1 Petroleum, Chemicals and Petrochemicals Investment Region to Attract More Investment in the Plastics Processing Sector 469.2 FDI in Food Processing Sector will Provide a Boost to the Food Packaging Sector 479.3 Automotive Mission Plan to Accelerate and Sustain Growth in the Automotive Sector 4710 High Degree of Fragmentation, Low Focus on R&D and Low Imports Duty on Polymers are Key Challenges for the Indian Polymer Industry 4810.1 Downstream Processing Industry is Less Competitive Due to High Level of Fragmentation 4810.2 Low Focus on R&D Affects the Efficiency of the Polymer Industry 4910.3 Zero Duty Differential between Polymer and Feedstock Inhibiting Investment 5011 Major Companies In the Indian Polymer Industry 5111.1 Reliance Industries Limited 5111.2 Indian Oil Corporation Limited 5611.3 Haldia Petrochemicals Limited 5912 Appendix 6312.1 Abbreviations 6312.2 Definitions 6412.2.1 Installed Capacity 6412.2.2 Process 6412.2.3 Technology 6412.3 GlobalData's Research Methodology 6412.3.1 Coverage 6412.3.2 Secondary Research 6512.3.3 Primary Research 6512.3.4 Expert Panel Validation 6512.4 Bibliography 6512.5 Contact Us 6612.6 Disclaimer 66

List of Tables

Table 1: Plastics Industry, Per Capita Plastics Consumption by Region (kg), 2010 9Table 2: Indian Plastics Industry, Per Capita Plastics Consumption (kg), 1980–2012 9Table 3: Indian Plastics Industry, Average Price by Commodity ($/Ton), 2000–2011 11Table 4: Indian Polymers Industry, Capacity by Commodity (MMtpa), 2000–2016 13Table 5: Indian Polymer Industry, Major Complex Details, 2011 14Table 6: Indian Polymer Industry, Polymers Demand (MMtpa) and GDP ($ Trillion), 2000–2016 16Table 7: Indian Polymer Industry, Index for Industrial Production (IIP) of Rubber, Plastics, Petroleum and Coal Industries, 2001–2010 17Table 8: Indian Polymer Industry, Production (MMtpa) by Commodity, 2000–2016 19Table 9: Global Polymer Industry, Demand Share by Region (%), 2000–2011 20Table 10: Global Polymer Industry, Production Share by Region (%), 2000–2011 21Table 11: Indian Polymer Industry, Imports by Commodity (MMtpa), 2000–2016 23Table 12: Indian Polymer Industry, Demand from the Packaging Sector (MMtpa), 2000–2016 25Table 13: Indian Polymer Industry, Packaging Sector, Demand by End-Use (%), 2011 26Table 14: Indian Retail Sector, Market Value ($ Billion), 2010–2020 28Table 15: Indian Automotive Sector, Gross Turnover ($ Billion), 2006–2011 30Table 16: Indian Automotive Industry, Sales (Million Units), 2003–2011 31Table 17: Indian Automotive Industry, Installed Capacity (Million Units), 2005–2011 32Table 18: Indian Automotive Industry, Production (Million Units), 2000–2011 33Table 19: Indian Automotive Sector, Exports (Million Units), 2000–2011 35Table 20: Polypropylene and SBR Industry, Demand from Automotive Sector (MMtpa), 2000–2016 37Table 21: Indian SBR Industry, Demand by End-Use Sector (%), 2011 38Table 22: Agriculture Sector, Use of Plastics in Agricultural Activity 39Table 23: Indian Agriculture Sector, Pattern of Financial Assistance Under the National Mission on Micro Irrigation (NMMI) 41Table 24: Indian Agriculture Sector, Demand for Commodity Polymers from Micro Irrigation (MMtpa), 2012–2017 42Table 25: Indian Polymer Industry, Processed Plastics Exports Value ($ Billion) and Growth (%), 2005–2011 43Table 26: Processed Plastics Industry, India, Number of Machines and Installed Capacity (MMtpa), 2011 44Table 27: Plastics Processing Industry, Relative Scale of Operation (Tons per Unit), 2007 49Table 28: Petrochemical Industry, Global, Import Duty by Country (%), 2011 50Table 29: Reliance Industries Limited, Key Facts 51Table 30: Reliance Industries Limited, Capacity Share by Commodity (%), 2012 52Table 31: Reliance Industries Limited, Polymer Capacity (MMtpa), 2000–2016 53Table 32: Reliance Industries Limited, Major Polymer Plants Details 54Table 33: Reliance Industries Limited, Major Polymer Plants Details (Contd.) 55Table 34: Indian Oil Corporation Limited, Key Facts 56Table 35: Indian Oil Corporation Limited, Capacity Share by Commodity (%), 2012 57Table 36: Indian Oil Corporation Limited, Polymer Capacity (MMtpa), 2010–2016 57Table 37: Indian Oil Corporation Limited, Major Polymer Plants Details 58Table 38: Haldia Petrochemicals Limited, Key Facts 59Table 39: Haldia Petrochemicals Limited, Capacity Share by Commodity (%), 2012 59Table 40: Haldia Petrochemicals Limited, Polymer Capacity (MMtpa), 2001–2016 61Table 41: Haldia Petrochemicals Limited, Major Polymer Plants Details 62

List of Figures

Figure 1: Plastics Industry, Per Capita Plastics Consumption by Region (kg), 2010 8Figure 2: Indian Plastics Industry, Per Capita Plastics Consumption (kg), 1980–2012 9Figure 3: Indian Plastics Industry, Average Price by Commodity ($/Ton), 2000–2011 10Figure 4: Indian Polymers Industry, Capacity by Commodity (MMtpa), 2000–2016 12Figure 5: Indian Polymer Industry, Demand (MMtpa) and GDP ($ Trillion), 2000–2016 15Figure 6: Indian Polymer Industry, Index for Industrial Production (IIP) of Rubber, Plastics, Petroleum and Coal Industries, 2001–2010 17Figure 7: Indian Polymer Industry, Production (MMtpa) by Commodity, 2000–2016 18Figure 8: Global Polymer Industry, Demand Share by Region (%), 2000–2011 20Figure 9: Global Polymer Industry, Production Share by Region (%), 2000–2011 21Figure 10: Indian Polymer Industry, Imports by Commodity (MMtpa), 2000–2016 22Figure 11: Indian Polymer Industry, Demand from the Packaging Sector (MMtpa), 2000–2016 24Figure 12: Indian Polymer Industry, Packaging Sector, Demand by End-Use (%), 2011 26Figure 13: Indian Retail Sector, Market Value ($ Billion), 2010–2020 28Figure 14: Indian Automotive Sector, Gross Turnover ($ Billion), 2006–2011 30Figure 15: Indian Automotive Industry, Sales (Million Units), 2003–2011 31Figure 16: Indian Automotive Industry, Installed Capacity (Million Units), 2005–2011 32Figure 17: Indian Automotive Industry, Production (Million Units), 2000–2011 33Figure 18: Indian Automotive Sector, Exports (Million Units), 2000–2011 34Figure 19: Polypropylene and SBR Industry, Demand from Automotive Sector (MMtpa), 2000–2016 36Figure 20: Indian SBR Industry, Demand by End-Use Sector (%), 2011 38Figure 21: Indian Agriculture Sector, Pattern of Financial Assistance Under the National Mission on Micro Irrigation (NMMI) 40Figure 22: Indian Agriculture Sector, Demand for Commodity Polymers from Micro Irrigation (MMtpa), 2012–2017 41Figure 23: Indian Polymer Industry, Processed Plastics Export Value ($ Billion) and Growth (%), 2005–2011 43Figure 24: Processed Plastics Industry, India, Number of Machines and Installed Capacity (MMtpa), 2011 44Figure 25: India Petrochemicals Industry, Existing and Planned PCPIR 46Figure 26: Plastics Processing Industry, Relative Scale of Operation (Tons per Unit), 2007 48Figure 27: Reliance Industries Limited, Capacity Share by Commodity (%), 2012 52Figure 28: Reliance Industries Limited, Polymer Capacity (MMtpa), 2000–2016 53Figure 29: Indian Oil Corporation Limited, Capacity Share by Commodity (%), 2012 56Figure 30: Indian Oil Corporation Limited, Polymer Capacity (MMtpa), 2010–2016 57Figure 31: Haldia Petrochemicals Limited, Capacity Share by Commodity (%), 2012 59Figure 32: Haldia Petrochemicals Limited, Polymer Capacity (MMtpa), 2001–2016 60To order this report:Plastic Industry: Polymer Industry in India - Export Opportunities and Promising Growth in Domestic Packaging and Automotive Sectors to Drive the DemandMore  Market Research ReportCheck our  Industry Analysis and Insights

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