The India Low Density Polyethylene (LDPE) market has reached around 620 thousand tonnes in FY2022 and is expected to further grow at a CAGR of 4.48% during the forecast period until FY2035.
Low-Density Polyethylene (LDPE) is flexible yet tough, easy to process, and has excellent chemical resistance among other polyethylenes. A large volume of LDPE produced in the country, goes towards general purpose sector. LDPE shrink films are being preferred over other polyethylene films due to high strength and durability for heavier and larger items such as beverage cans. These films typically offer better biaxial shrink properties, good sealing characteristics, thereby preferably chosen for product packaging. Pharmaceutical companies also employ LDPE bags to prevent their drugs from moisture for a longer duration. Desirable properties of LDPE like low water absorption, high environmental stress resistance, and easy processability make it an ideal choice for manufacturing containers, dispensing bottles, wires, and cables, tubes, plastic bags, etc.
Demand for general purpose items such as films, bottles, and containers has reported a robust rise in recent years due to increasing demand from poultry wrapping, dairy products, snacks and sweets, frozen food bags, and bakery products. Moreover, the Indian government’s policies such as the Make in India Scheme and Smart Cities Mission will most likely escalate the demand for LDPE products from the construction and infrastructure sectors. Owing to these reasons, the Low Density Polyethylene (LDPE) market is estimated to reach approximately 1100 thousand tonnes by FY2035.
Based on the region, the Low Density Polyethylene (LDPE) market is segmented into West, South, North, and South. As of FY2022, West India dominated the Low Density Polyethylene (LDPE) market and accounted share of 45%, followed by North and South India. Currently, Reliance Industries Limited is the solo producer of LDPE in India.
Based on end-use, the India Low Density Polyethylene (LDPE) market is segregated into Extrusion coating, General purpose, Adhesive, Liquid packaging, Heavy Duty, and Others. Although, Extrusion coating and General purpose industries are dominating the LDPE market with a cumulative market share of nearly 40% in FY2022 and is anticipated to dominated the market in the forecast period as well.
Years considered for this report:
Historical Period: FY2015-FY2022
Base Year: FY2022
Estimated Year: FY2023
Forecast Period: FY2024- FY2035
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Objective of the Study:
• To assess the demand-supply scenario of Low Density Polyethylene (LDPE) which covers production, demand and supply of Low Density Polyethylene (LDPE) market in India.
• To analyse and forecast the market size of Low Density Polyethylene (LDPE) in India.
• To classify and forecast India Low Density Polyethylene (LDPE) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, green field projects/ brown field expansions. mergers & acquisitions, etc., of Low Density Polyethylene (LDPE) market in India.
To extract data for India Low Density Polyethylene (LDPE) market, primary research surveys were conducted with Low Density Polyethylene (LDPE) manufacturers, suppliers, distributors, wholesalers and Traders. 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 segments and projected a positive outlook for India Low Density Polyethylene (LDPE) market over the coming years.
ChemAnalyst calculated Low Density Polyethylene (LDPE) demand in India by analyzing the historical data and demand forecast which was carried out considering the imports and domestic production coupled with demand from end user industry. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data / import data of Low Density Polyethylene (LDPE) 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:
• Low Density Polyethylene (LDPE) manufacturers and other stakeholders
• Organizations, forums and alliances related to Low Density Polyethylene (LDPE) 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 Low Density Polyethylene (LDPE) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, India Low Density Polyethylene (LDPE) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
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Details
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Market size Volume in FY2022
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620 thousand tonnes
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Market size Volume by FY2035
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1100 thousand tonnes
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Growth Rate
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CAGR of 4.48% from FY2023 to FY2035
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Base year for estimation
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FY2023
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Historic Data
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FY2015 – FY2022
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Forecast period
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FY2024 – FY2035
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Quantitative units
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Demand in thousand tonnes and CAGR from FY2023 to FY2035
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Report coverage
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Industry Market Size, Capacity By Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
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Segments covered
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By End-Use: (Extrusion coating, General purpose, Adhesive, Liquid packaging, Heavy Duty, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
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Regional scope
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North India, South India, East India, West India
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Pricing and purchase options
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Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com