| Product Code: ETC374364 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s polyethylene import shipments in 2024 saw significant growth with a CAGR of 22.46% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 at -39.63%, the market remained stable. Top exporting countries to India included UAE, Saudi Arabia, Oman, Qatar, and USA, indicating a diverse import market. The Herfindahl-Hirschman Index (HHI) reflected moderate concentration in 2024, suggesting a competitive landscape among suppliers. Continued monitoring of these trends will be crucial for stakeholders in the polyethylene import industry.

The polyethylene market in India was valued around $4 billion USD and is expected to grow at a compound annual growth rate (CAGR) of 7%-8%. This growth can be attributed mainly due to its widespread usage across various end user industries like packaging industry, automotive sector etc., increase in demand for value added products with improved properties & rise in focus towards renewable sources of energy production leading manufacturers into investing more into research & development activities associated with new product launches based on polyethylene formulations or blends. Furthermore factors like shifting consumer preference towards sustainable solutions coupled with favorable government regulations are also driving substantial investments within this space thus creating higher potential opportunities over time ahead.
The India polyethylene market has seen robust growth due to its versatile applications across various sectors, including packaging, construction, and automotive. The increasing demand for flexible and durable packaging materials has been a significant driver for polyethylene consumption. Moreover, the government`s focus on infrastructure development and initiatives to boost manufacturing activities has stimulated the demand for polyethylene in construction and industrial applications.
The polyethylene market in India has experienced steady growth driven by its versatile applications across various industries. However, the market faces challenges in terms of environmental concerns surrounding plastic usage. Increasing awareness about plastic pollution and government regulations on single-use plastics have led to a shift towards more sustainable alternatives, impacting the demand for polyethylene products.
The pandemic had a mixed impact on the polyethylene market in India. While the packaging industry experienced a boost due to increased demand for essential goods, other sectors like automotive and construction faced downturns. Supply chain disruptions and reduced industrial activity affected the demand and production of polyethylene. Moreover, fluctuating oil prices and changes in consumer behavior further added to the market`s uncertainty during the pandemic.
The polyethylene market in India has seen remarkable growth due to its extensive use in packaging, agriculture, and consumer goods industries. Some of the key players in this market are Reliance Industries Limited, India Oil Corporation Limited, Haldia Petrochemicals Limited, and GAIL (India) Limited.