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India Polypropylene Copolymer Ppcp Market
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India Polypropylene Copolymer Ppcp Market

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India Polypropylene Copolymer (PPCP) Market - By Application (Fiber and Fabrics, Automotive, Packaging, Construction, Medical, Consumer Goods, Others); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: April 2023
  • Report ID: BWC23263
  • Available Format: PDF
  • Page: 250

Report Overview

Growing demand for polypropylene copolymer in the packaging industry, growing food and beverages industry, and technology advancement are expected to create opportunities for the growth of India Polypropylene Copolymer (PPCP) Market during the forecast period between 2023 and 2029.

India Polypropylene Copolymer (PPCP) Market - Industry Trends & Forecast Report, 2029

India polypropylene copolymer (PPCP) market size is expected to grow at a CAGR of 4.18% during the forecast period between 2023 and 2029. Major factors driving the growth of the market include high demand for PPCP in the packaging industry for packaging films, sheets, boxes, containers, and bags, as PPCP has excellent chemical resistance and high melting point. It is critical to store liquid products such as paints, lubricants, and chemicals. Also, the growing consumer goods and e-commerce sectors are driving PPCP market growth for packaging material. Because of its growing economy and government initiatives to attract manufacturing units from around the world, India is a prominent country in the PPCP market.

India Polypropylene Copolymer (PPCP) Market - Overview

Flexible and translucent variety of polypropylene is polypropylene copolymer. It possesses strong thermal, mechanical, and chemical resistance in addition to transparency. Packaging, stationery, textiles, plastics, reusable containers, lab equipment, car parts, and polymer banknotes are just a few examples of the many products that often use them.

Growth Drivers

Growing Demand PPCP from Electric and Electronics Industry

Due to its desirable qualities, such as colorlessness, non-flammability, non-reactive solid, high insulation, high thermal resistance, odorless, and high water-repellency at a reduced cost, a polymer is thought of as one of the best replacements for conventional materials like iron, steel, glass, and wood. It is often used to wrap other parts and cables in various electronic items to make them shockproof because it is lightweight and a great insulator. Electronic products are essential in the 21st century because people are constantly surrounded by electronic devices composed of various polymers, from telephones to traffic lights. Electronic devices are helping to advance India's digital economy. As a result, the rising demand for electronic goods is expected to drive the India polypropylene copolymer (PPCP) market.

Restraints

Volatile Raw Material Prices

Demand for polypropylene copolymers (PPCP) is being hampered by volatile raw material prices. Also, because of its poor bonding qualities, it is well known to be challenging to paint and it is highly flammable. But, expanding product applications in the beverages industry, such as flavored milk and water and fruit juice packaging, are expected to open up profitable prospects for the leading players in the PPCP market during the forecast period.

Impact of COVID-19 on India Polypropylene Copolymer (PPCP) Market

COVID-19 adversely affected India polypropylene copolymer market and other businesses. Markets initially experience losses as well. The sudden increase in the demand for PPE kits and facemasks for frontline workers, such as doctors, nurses, police, and the military, caused a surge in demand across India. Since the virus outbreak, the demand for non-woven materials used in the production of masks and protective kits has more than doubled. The market is expected to grow due to the ongoing demand for PPE kits and masks.

India Polypropylene Copolymer (PPCP) Market

Segmental Coverage

India Polypropylene Copolymer (PPCP) Market - By Application

Based on application, India polypropylene copolymer (PPCP) market is divided into Fiber & Fabrics, Automotive, Packaging, Construction, Medical, Consumer Goods, and other segments. During the forecast period, the consumer goods market share is expected to be the highest. Consumer durables dominate the PPCP market, as they are so widely utilized in daily life and include things such as furniture, appliances, phones, and other home items.

India Polypropylene Copolymer (PPCP) Market

India Polypropylene Copolymer (PPCP) Market - By Region

India Polypropylene Copolymer (PPCP) Market is divided into North India, South India, East India, and West India. North India holds the majority of the market share for PPCP, making it the largest market. This can be ascribed to the packaging sector's quick developments. East India, West India, and South India are further significant geographical areas.

Competitive Landscape

Major players operating in India polypropylene copolymer (PPCP) market include LyondellBasell Industries Holdings B.V., SABIC, PetroChina Company Limited, Braskem S.A., Khushi Enterprises, and Sinopec Group. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Development

  • In October 2021 - SABIC launched a new portfolio of bio-based ULTEM resins, the world's first bio-based, certified renewable high-performance amorphous polymer to support customer sustainability goals.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Million

Market Coverage

North India, South India, East India, West India

Product/ Service Segmentation

Application, Region

Key Players

LyondellBasell Industries Holdings B.V., SABIC, PetroChina Company Limited, Braskem S.A., Khushi Enterprises, Sinopec Group.

 

 

 By Application

  • Fiber and Fabrics

  • Automotive

  • Packaging

  • Construction

  • Medical

  • Consumer Goods

  • Others

By Region

  • North India

  • South India

  • East India

  • West India

  1. Research Framework
    1. Research Objective
    2. Application Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Polypropylene Copolymer (PPCP) Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing Demand for Polypropylene Copolymer Across Packaging Industry
        2. Growing Food and Beverages Industry
      2. Restraints
        1. High Cost Products
      3.  Opportunities
        1. Advancement in Technology
      4. Challenges
        1. Impact on Supply Chain Due to Covid
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Polypropylene Copolymer (PPCP) Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Application
        1. Fiber and Fabrics
        2. Automotive
        3. Packaging
        4. Construction
        5. Medical
        6. Consumer Goods
        7. Others
      2. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  5. North India Polypropylene Copolymer (PPCP) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Application
  6. South India Polypropylene Copolymer (PPCP) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Application
  7. East India Polypropylene Copolymer (PPCP) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Application
  8. West India Polypropylene Copolymer (PPCP) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Application
  9. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Polypropylene Copolymer (PPCP) Market Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  10. Impact of Covid-19 on India Polypropylene Copolymer (PPCP) Market
  11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. LyondellBasell Industries Holdings B.V.
    2. SABIC
    3. PetroChina Company Limited
    4. Braskem S.A.
    5. Others
    6. Khushi Enterprises
    7. Sinopec Group
    8. Other Prominent Players
  12. Key Strategic Recommendations
  13. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Region
    5.    Assumptions & Limitations

*Financial information in case 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 Polypropylene Copolymer (PPCP) Market Segmentation     

Figure 2       India Polypropylene Copolymer (PPCP) Market Value Chain Analysis    

Figure 3       Company Market Share Analysis, 2022

Figure 4       India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029 

Figure 5       India Polypropylene Copolymer (PPCP) Market Share, By Application, By Value, 2019–2029 

Figure 6       India Polypropylene Copolymer (PPCP) Market Share, By Region, By Value, 2019–2029 

Figure 7       North India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029 

Figure 8       North India Polypropylene Copolymer (PPCP) Market Share, By Application, By Value, 2019–2029

Figure 9       South India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029 

Figure 10     South India Polypropylene Copolymer (PPCP) Market Share, By Application, By Value, 2019–2029

Figure 11     East India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029 

Figure 12     East India Polypropylene Copolymer (PPCP) Market Share, By Application, By Value, 2019–2029 

Figure 13     West India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029 

Figure 14     West India Polypropylene Copolymer (PPCP) Market Share, By Application, By Value, 2019–2029

 

List of Tables

 

Table 1        India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029

Table 2        India Polypropylene Copolymer (PPCP) Market Size, By Application, By Value, 2019–2029

Table 3        India Polypropylene Copolymer (PPCP) Market Size, By Region, By Value, 2019–2029

Table 4        North India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029

Table 5        North India Polypropylene Copolymer (PPCP) Market Size, By Application, By Value, 2019–2029

Table 6        South India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029

Table 7        South India Polypropylene Copolymer (PPCP) Market Size, By Application, By Value, 2019–2029

Table 8        East India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029

Table 9        East India Polypropylene Copolymer (PPCP) Market Size, By Application, By Value, 2019–2029

Table 10      West India Polypropylene Copolymer (PPCP) Market Size, By Value (USD Million), 2019–2029

Table 11      West India Polypropylene Copolymer (PPCP) Market Size, By Application, By Value, 2019–2029

Table 12      LyondellBasell Industries Holdings B.V. Company Overview

Table 13      LyondellBasell Industries Holdings B.V. Financial Overview

Table 14      SABIC Company Overview

Table 15      SABIC Financial Overview

Table 16      PetroChina Company Limited Company Overview

Table 17      PetroChina Company Limited Financial Overview

Table 18      Braskem S.A. Company Overview

Table 19      Braskem S.A. Financial Overview

Table 20      Others Company Overview

Table 21      Others Financial Overview

Table 22      Khushi Enterprises Company Overview

Table 23      Khushi Enterprises Financial Overview

Table 24      Sinopec Group Company Overview

Table 25      Sinopec Group Financial Overview

Market Segmentation

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No data available

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Frequently Asked Questions (FAQs):

Ans: Major factors driving the growth of the India Polypropylene Copolymer (PPCP) Market include growing demand for polypropylene copolymer in the packaging industry, growing food and beverages industry, and adoption of technology advancements.
Ans: India Polypropylene Copolymer (PPCP) Market size is expected to grow at a CAGR of 4.18% during the forecast period between 2023 and 2029.
Ans: The consumer goods segment accounts for the highest market share in the India Polypropylene Copolymer (PPCP) Market by application.
Ans: Key players in India Polypropylene Copolymer (PPCP) Market include LyondellBasell Industries Holdings B.V., SABIC, PetroChina Company Limited, Braskem S.A., Khushi Enterprises, and Sinopec Group.
Ans: North India accounts for the highest market share in India Polypropylene Copolymer (PPCP) Market.