India Low Density Polyethylene Market Size, Share, Growth, Analysis and Forecast, 2035 | ChemAnalyst


Posted January 17, 2023 by chemanalystreports

The India Low Density Polyethylene (LDPE) Market is likely to reach around 1100 thousand tonnes by FY2035, at a CAGR of 4.48% during the forecasted period.
 
According to ChemAnalyst report, “India Low Density Polyethylene (LDPE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2035”, The India Low Density Polyethylene (LDPE) Market is likely to reach around 1100 thousand tonnes by FY2035, at a CAGR of 4.48% during the forecasted period. The end-use industries like Extrusion coating, General purpose, Adhesive, Liquid packaging, and Heavy Duty are anticipated to hike the demand for Low Density Polyethylene in the upcoming years. ​

Low-Density Polyethylene (LDPE) is flexible yet tough, easy to process, and has excellent chemical resistance among other polyethylenes. A sizable portion of India’s LDPE production is used in the general industry. LDPE is frequently used to make different containers, dispensing bottles, wash bottles, tubes, small parts for computer components, and various laboratory equipment that is moulded. Plastic bags are the main application for it. Trays and all-purpose containers are some of the additional products manufactured from it.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-low-density-polyethylene-ldpe-market-71

The LDPE market is driven by its properties like low water absorption, high environmental stress resistance, and easy processability making it an ideal choice for manufacturing general purpose items films for packaging purposes. Demand for packaging films 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. bakery goods, snacks and candies, dairy items, frozen food bags, and poultry packaging. With a growing economy and population, the food & beverage will witness growth in the forthcoming years, anticipated to propel the demand of LDPE in the forecast period. The demand for Low Density Polyethylene (LDPE) is also contributed by the extrusion-coating sector. Pharmaceutical companies also employ LDPE bags to prevent their drugs from moisture for a longer duration, which further fuels the LDPE market expansion.

The India Low Density Polyethylene (LDPE) Market is segmented based on end-use, sales channel, and region. Based on the end-uses, the India Low Density Polyethylene (LDPE) Market is segregated into Extrusion coating, General purpose, Adhesive, Liquid packaging, Heavy Duty, and Others. Although, the Extrusion coating and General purpose industries are dominating the LDPE market with a cumulative market share of nearly 40% in FY2022 and are anticipated to dominate the market in the forecast period as well. Indian Low Density Polyethylene (LDPE) market is segregated into four regions based on regional consumption: West, South, North, and South. West India displayed highest consumption between FY2015- FY2020 and is expected to be the largest consumer even in FY2023. In FY2022, West part held around 45% market share. Moreover, the Indian government’s policies such as the Make in India Scheme and Smart Cities Mission would further escalate the demand for LDPE products from the construction and infrastructure sectors.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-low-density-polyethylene-ldpe-market-71


“India Low Density Polyethylene (LDPE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2035” Currently, Reliance Industries Limited is the only manufacturer of LDPE in India.

“The rapidly increasing demand of Low Density Polyethylene to manufacture packaging films by various downstream industries such as food & beverage coupled with its application to manufacture general-use products is expected to boost the India Low Density Polyethylene (LDPE) Market in the forecast period until FY2035. Due to high flexibility, water-resistance, durability and resistance to abrasion, Low Density Polyethylene is employed in various industries. Due to India's fast industrialization and urbanisation, LDPE will likely be used even more frequently in the polymer sector over the projected period to produce lightweight carry bags, wash bottles, tubes, etc over the projected period. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

Manvi Goyal

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: [email protected]

Website: https://www.chemanalyst.com/
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By ChemAnalyst
Phone 3322586602
Business Address 420 Lexington Avenue, Suite 300, New York, NY, United States, 10170
Country United States
Categories Business
Tags india low density polyethylene market
Last Updated January 17, 2023