India Polyolefin Elastomers (POE) Comprehensive Techno-Commercial Market Study, 2013-2030
|出版日期||內容資訊||英文 72 Pages
|印度的聚烯合成橡膠(POE)市場分析 India Polyolefin Elastomers (POE) Comprehensive Techno-Commercial Market Study, 2013-2030|
|出版日期: 2019年07月01日||內容資訊: 英文 72 Pages||
In 2018, demand for polyolefin elastomers in India was approximately 20 KT and is expected to grow at a healthy CAGR during the forecast period. The major demand for polyolefin elastomers arises from automotive industry to produce trims, bumpers and interior and exterior components. Moreover, Northern and southern regions in India, being the automotive hub, accounted for the major demand for the product. Further, POE is used in packaging industry as well as for the polymer modification. The saturated polymers produced by polyolefin elastomer have excellent UV resistance. It is used to provide super-elasticity and toughness to the conventional polymers and, thus, finds wide application. Moreover, rising demand in foams, footwear, wires and cable, thermoplastic elastomers and injection molding goods would further boost the demand for POE across the country.
Currently, there are no manufacturers in India that produce polyolefins elastomers. India is totally dependent on import from major countries such as Singapore, United Arab Emirates, USA, etc. The major producers of polyolefin elastomers are Dow Chemicals, DuPont Chemicals, SABIC, LG Chem, ExxonMobil and LyondellBasell Industries Holdings B.V. Further a massive growth can be witnessed in the polyolefin elastomer's market by 2030.
Some of the major players operating in polyolefin elastomer market are Dow Chemicals, DuPont, SABIC, LG Chem, ExxonMobil and LyondellBasell Industries Holdings B.V. Partial list of major customers are Hydro S & S Industries Ltd, Machino Polymers Ltd, Mitsui Prime Advanced Composite India Pvt Ltd, APPL Industries Ltd and Zylog Plastalloys Pvt. Ltd.
To extract data for India polyolefin elastomer market, primary research surveys were conducted with manufacturers, suppliers, distributors, wholesalers and end users of polyolefin elastomer. While interviewing, the respondents were also inquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for India Polyolefin Elastomer market over the coming years.
TechSci Research calculated demand for polyolefin elastomer in India by analyzing the historical data and demand forecast was carried out considering the imports, consumption pattern and analyzing the demand by tracking upcoming manufacturing units. TechSci Research 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 and annual reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as polyolefin elastomer 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.
With the given market data, TechSci Research offers customizations according to a company's specific needs.