| Product Code: ETC4511545 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s high performance plastics import market in 2024 continued to be dominated by top exporting countries such as China, Taiwan, USA, Russia, and South Korea. The high Herfindahl-Hirschman Index (HHI) concentration indicates a tightly competitive market. With a remarkable compound annual growth rate (CAGR) of 47.45% from 2020 to 2024, the sector demonstrates strong potential for further expansion. Additionally, the growth rate of 13.62% in 2024 signals a positive momentum in the import shipments of high performance plastics, reflecting sustained demand and market competitiveness.

High-performance plastics are used in demanding applications like aerospace, automotive, and electronics. The India High-Performance Plastics market has expanded due to the need for materials that offer exceptional properties and reliability.
The India high-performance plastics market is witnessing substantial growth due to the need for advanced materials that can withstand extreme conditions and provide superior performance. These plastics find extensive use in the aerospace, automotive, and electronics industries, where they offer exceptional heat resistance, chemical stability, and mechanical properties. The increasing adoption of lightweight and high-performance materials in the automotive sector to improve fuel efficiency and reduce emissions is a significant driver for this market. Furthermore, the electronics industry relies on high-performance plastics to enhance the durability and reliability of electronic components. The demand for sustainable and eco-friendly high-performance plastics is also growing, driven by environmental concerns.
Challenges include competition from alternative materials and the need to develop high-performance plastics with specific properties for aerospace, automotive, and electronics applications.
The India High-Performance Plastics market, serving industries such as automotive, aerospace, and electrical, faced disruptions due to the COVID-19 pandemic. These plastics are critical in high-value applications, and the aerospace sector saw a downturn while automotive production slowed. However, the healthcare sector`s demand for high-performance plastics in medical equipment and packaging materials provided a lifeline for the market. Its recovery hinged on balancing the changing dynamics of various sectors while maintaining product quality and innovation.
Key players in the high-performance plastics market in India consist of SABIC, DuPont, Solvay SA, BASF SE, and Celanese Corporation.
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 High Performance Plastics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India High Performance Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 India High Performance Plastics Market - Industry Life Cycle |
3.4 India High Performance Plastics Market - Porter's Five Forces |
3.5 India High Performance Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India High Performance Plastics Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India High Performance Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as automotive, aerospace, and electronics. |
4.2.2 Growing focus on sustainability and reducing carbon footprint, driving the adoption of high performance plastics. |
4.2.3 Technological advancements leading to the development of innovative high performance plastic materials. |
4.3 Market Restraints |
4.3.1 High initial costs associated with high performance plastics compared to traditional materials. |
4.3.2 Lack of awareness and limited knowledge about the benefits and applications of high performance plastics. |
4.3.3 Challenges in recycling and disposal of high performance plastics, leading to environmental concerns. |
5 India High Performance Plastics Market Trends |
6 India High Performance Plastics Market, By Types |
6.1 India High Performance Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India High Performance Plastics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India High Performance Plastics Market Revenues & Volume, By Fluoropolymers, 2021-2031F |
6.1.4 India High Performance Plastics Market Revenues & Volume, By High Performance Polyamide, 2021-2031F |
6.1.5 India High Performance Plastics Market Revenues & Volume, By PPS, 2021-2031F |
6.1.6 India High Performance Plastics Market Revenues & Volume, By SP, 2021-2031F |
6.1.7 India High Performance Plastics Market Revenues & Volume, By LCP, 2021-2031F |
6.1.8 India High Performance Plastics Market Revenues & Volume, By AKP, 2021-2031F |
6.2 India High Performance Plastics Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India High Performance Plastics Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.3 India High Performance Plastics Market Revenues & Volume, By Electrical , 2021-2031F |
6.2.4 India High Performance Plastics Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.5 India High Performance Plastics Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 India High Performance Plastics Market Revenues & Volume, By Industrial, 2021-2031F |
7 India High Performance Plastics Market Import-Export Trade Statistics |
7.1 India High Performance Plastics Market Export to Major Countries |
7.2 India High Performance Plastics Market Imports from Major Countries |
8 India High Performance Plastics Market Key Performance Indicators |
8.1 Research and development investment in high performance plastic materials. |
8.2 Number of patents filed for new high performance plastic formulations or applications. |
8.3 Adoption rate of high performance plastics in key industries such as automotive, aerospace, and electronics. |
9 India High Performance Plastics Market - Opportunity Assessment |
9.1 India High Performance Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India High Performance Plastics Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India High Performance Plastics Market - Competitive Landscape |
10.1 India High Performance Plastics Market Revenue Share, By Companies, 2024 |
10.2 India High Performance Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |