Polyethylene
Terephthalate (PET) resin demand in India stood
at 812 thousand tonnes in 2018 and is projected to grow at a CAGR of 10.81% during
2019-2030 to reach 2,749 thousand tonnes by 2030. Owing to growing
market for alcoholic and non-alcoholic beverages, demand for PET resin is
increasing for the manufacturing of bottles, caps, etc., for non-alcoholic
beverages such as carbonated drinks, juices, bottled water, ready-to-drink tea
and coffee, and sports drinks. Moreover, growing use of both virgin as well as
recycled PET containers in food packaging applications is boosting the demand for
PET resin in other industries, thus driving India PET resin market during
forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The
primary objective of the study was to evaluate and forecast PET resin capacity, production, demand, inventory, and demand
– supply gap in India.
- To categorize PET resin demand based on end use,
type, sales channel and region.
- To study
trade dynamics and company share in India PET resin market.
- To
identify major customers of PET resin in India.
- To
evaluate and forecast PET resin pricing in India.
- To
identify and profile major companies operating in India
PET resin market.
- To identify major developments, deals and
expansion plans in India PET resin market.
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Report Scope:
In this report, India PET resin market has been segmented into
following categories:
Some of the major players operating in India PET resin
market are Reliance Industries Limited, Dhunseri Petrochem & Tea Limited,
JBF Industries Limited, Indorama Ventures Public Company Limited, etc.
To extract data for India PET resin
market, primary research surveys were conducted with PET resin manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India PET resin market
over the coming years.
TechSci Research calculated India
PET resin demand by analyzing the historical data and demand forecast was
carried out considering the growth of end use industries. TechSci Research
sourced these values from industry experts and company representatives and
externally validated through analyzing historical sales data of respective manufacturers to arrive at the
overall market size. Various secondary sources such as company websites,
association reports, annual reports, etc., were also studied by TechSci
Research.
Key
Target Audience:
- PET resin manufacturers and other stakeholders
- Organizations, forums and alliances related to
PET resin distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders, such as PET resin manufacturers, distributors
and policy makers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]