| Product Code: ETC12225678 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The general purpose polystyrene import market in India saw significant growth in 2024, with top exporting countries being South Korea, Taiwan, Thailand, Malaysia, and Saudi Arabia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 17.68%, with a notable growth rate of 17.25% from 2023 to 2024. These statistics suggest a robust demand for general purpose polystyrene in India, driven by imports from key global suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India General Purpose Polystyrene Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India General Purpose Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 India General Purpose Polystyrene Market - Industry Life Cycle |
3.4 India General Purpose Polystyrene Market - Porter's Five Forces |
3.5 India General Purpose Polystyrene Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 India General Purpose Polystyrene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India General Purpose Polystyrene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India General Purpose Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaging materials in various industries |
4.2.2 Growth in the construction sector driving demand for insulation materials |
4.2.3 Advancements in technology leading to improved product quality and applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Environmental concerns leading to a shift towards sustainable alternatives |
4.3.3 Competition from substitute materials such as polypropylene and polyethylene |
5 India General Purpose Polystyrene Market Trends |
6 India General Purpose Polystyrene Market, By Types |
6.1 India General Purpose Polystyrene Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 India General Purpose Polystyrene Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 India General Purpose Polystyrene Market Revenues & Volume, By General Purpose Polystyrene, 2021 - 2031F |
6.1.4 India General Purpose Polystyrene Market Revenues & Volume, By High Impact Polystyrene, 2021 - 2031F |
6.1.5 India General Purpose Polystyrene Market Revenues & Volume, By Expandable Polystyrene, 2021 - 2031F |
6.2 India General Purpose Polystyrene Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India General Purpose Polystyrene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 India General Purpose Polystyrene Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.2.4 India General Purpose Polystyrene Market Revenues & Volume, By Consumer Goods and Appliances, 2021 - 2031F |
6.2.5 India General Purpose Polystyrene Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.6 India General Purpose Polystyrene Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 India General Purpose Polystyrene Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India General Purpose Polystyrene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.3 India General Purpose Polystyrene Market Revenues & Volume, By Building & construction, 2021 - 2031F |
6.3.4 India General Purpose Polystyrene Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 India General Purpose Polystyrene Market Revenues & Volume, By Electrical & Electronic, 2021 - 2031F |
6.3.6 India General Purpose Polystyrene Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.7 India General Purpose Polystyrene Market Revenues & Volume, By Household Leisure & Sports, 2021 - 2029F |
7 India General Purpose Polystyrene Market Import-Export Trade Statistics |
7.1 India General Purpose Polystyrene Market Export to Major Countries |
7.2 India General Purpose Polystyrene Market Imports from Major Countries |
8 India General Purpose Polystyrene Market Key Performance Indicators |
8.1 Average selling price of general purpose polystyrene |
8.2 Adoption rate of recycled polystyrene materials in the market |
8.3 Number of new product innovations and applications introduced in the market |
9 India General Purpose Polystyrene Market - Opportunity Assessment |
9.1 India General Purpose Polystyrene Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 India General Purpose Polystyrene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India General Purpose Polystyrene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India General Purpose Polystyrene Market - Competitive Landscape |
10.1 India General Purpose Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 India General Purpose Polystyrene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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