Product Code: ETC334524 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India natural polymers market import shipments experienced robust growth with a CAGR of 24.5% from 2020 to 2024. However, there was a notable decline in growth momentum between 2023 and 2024, with a decrease of 18.2%. Overall, the market exhibited strong expansion but showed signs of slowing down towards the end of the period.
The India natural polymers market is estimated to reach a value of USD 1.2 billion by 2031, registering a CAGR of 5.9% during the forecast period (2025-2031). The high demand for biodegradable and sustainable plastics from various industries such as automotive, healthcare, packaging, consumer goods etc., are driving the growth of this market in India. Moreover, increasing awareness about environment friendly products and growing preference for ecofriendly materials among consumers is further supporting the market growth. Additionally, rising investments by several start-ups and government initiatives towards promoting green technologies are expected to create more opportunities for this sector in near future.
The India natural polymers market is poised for growth, thanks to several key drivers. The expanding use of natural polymers in various industries, including food and beverages, pharmaceuticals, and cosmetics, is driving demand. Natural polymers are perceived as safer and more sustainable alternatives to synthetic polymers, aligning with the growing trend of eco-friendly and biodegradable products. Additionally, advancements in research and technology are enhancing the functionality and versatility of natural polymers, further boosting their adoption across different applications.
The India natural polymers market is poised for growth as industries seek more sustainable and eco-friendly alternatives to synthetic polymers. However, challenges exist in this market. Achieving consistent quality and performance standards in natural polymers can be complex due to variations in raw material sources and processing methods. Compatibility with existing industrial processes and equipment also poses a challenge. Moreover, natural polymers may have higher production costs than their synthetic counterparts, impacting their competitive pricing and adoption across industries.
The India natural polymers market has shown promising growth due to applications in various industries, including food packaging, textiles, pharmaceuticals, and cosmetics. Natural polymers are favored for their biodegradability and renewable nature. The market faced disruptions during the COVID-19 pandemic, with supply chain challenges and a slowdown in industrial activities. However, the focus on sustainability and eco-friendly materials is expected to drive the market`s recovery and growth.
The India natural polymers market is experiencing growth with the demand for biodegradable and eco-friendly materials in various industries. Major players like Reliance Industries, Ashland Global Holdings, and CP Kelco are contributing to the development of natural polymers. These companies are focusing on research and innovation to create sustainable solutions for applications ranging from packaging to textiles.
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 Natural Polymers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Natural Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 India Natural Polymers Market - Industry Life Cycle |
3.4 India Natural Polymers Market - Porter's Five Forces |
3.5 India Natural Polymers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Natural Polymers Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 India Natural Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable products |
4.2.2 Increasing use of natural polymers in industries such as pharmaceuticals, food beverages, and cosmetics |
4.2.3 Government initiatives promoting the use of natural polymers in various applications |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for natural polymers production |
4.3.2 High production costs compared to synthetic polymers |
4.3.3 Lack of awareness and understanding about the benefits of natural polymers among consumers |
5 India Natural Polymers Market Trends |
6 India Natural Polymers Market, By Types |
6.1 India Natural Polymers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Natural Polymers Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Natural Polymers Market Revenues & Volume, By Cellulose Ethers, 2021-2031F |
6.1.4 India Natural Polymers Market Revenues & Volume, By Exudate And Vegetable Gums, 2021-2031F |
6.1.5 India Natural Polymers Market Revenues & Volume, By Starch And Fermentation Products, 2021-2031F |
6.1.6 India Natural Polymers Market Revenues & Volume, By Other Polymers, 2021-2031F |
6.2 India Natural Polymers Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 India Natural Polymers Market Revenues & Volume, By Packaging Material, 2021-2031F |
6.2.3 India Natural Polymers Market Revenues & Volume, By Medical & Cosmetics, 2021-2031F |
6.2.4 India Natural Polymers Market Revenues & Volume, By Inks & Paints, 2021-2031F |
6.2.5 India Natural Polymers Market Revenues & Volume, By Adhesives, 2021-2031F |
7 India Natural Polymers Market Import-Export Trade Statistics |
7.1 India Natural Polymers Market Export to Major Countries |
7.2 India Natural Polymers Market Imports from Major Countries |
8 India Natural Polymers Market Key Performance Indicators |
8.1 Research and development investment in new natural polymers technologies |
8.2 Adoption rate of natural polymers in key industries |
8.3 Number of patents filed for natural polymers innovations |
8.4 Percentage of companies incorporating natural polymers in their product lines |
8.5 Environmental impact assessment of natural polymers production and usage. |
9 India Natural Polymers Market - Opportunity Assessment |
9.1 India Natural Polymers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Natural Polymers Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 India Natural Polymers Market - Competitive Landscape |
10.1 India Natural Polymers Market Revenue Share, By Companies, 2024 |
10.2 India Natural Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |