India Engineering Plastics Market Outlook to 2019
Rising ABS and San Segment to Drive the Future Growth
December 2014
140
About the Report
About the Report
The report titled “India Engineering Plastics Market Outlook to 2019 - Rising ABS and San Segment to Drive the Future Growth” provides a comprehensive analysis of the of the various aspects such as market size, segmentation and future projections of the PET resin, Polyamide resin, ABS resin, Polyacetal resin, Polycarbonate, SAN and others that has been taken as key segments of the market. This report also offers prevalent trends and developments in India Engineering Plastics Industry, government regulations, SWOT analysis, and entry barriers operating into the Industry. The report also covers competitive landscape of the major players operating in the industry along with the market share of the major players in PET resin, Polyamide resin, ABS resin, Polyacetal resin, Polycarbonate, SAN segments. It also includes information on the major macroeconomic indicators affecting the market and future outlook of the engineering plastics industry of India including analyst’s take on the industry. Additionally, the report also offers information on market entry and regarding the investment which is required to set up engineering plastics plant in India.
Engineering plastics have gradually replaced traditional engineering materials such as wood or metal in many applications. In the midst of unique properties such as lower weight and higher strength, engineering plastics are much easier to manufacture, especially in complicated shapes. Hence, the engineering plastics industry of India has substantial growth potential in the country, since untapped opportunities still exist for metal replacement in cars, trucks, consumer appliances as well as in other applications. Furthermore, the growth in Asian economies is likely to be driven by increasing usage of engineering plastics in segments including electrical & electronics segment, automotive and construction sector. Engineering plastics are superior to general-purpose plastics in terms of heat resistance, transparency and mechanical features.
ABS is the second largest engineering plastic segment in India, owing to its widespread applications in automotive industry, which has been growing at a very rapid pace. The global demand for ABS and SAN resin is about 18 million tonnes as recorded during FY’2010.
Engineering plastic industry in India has been primarily dominated by the Polyethylene Terephthalate (PET) thermoplastic resin, which commanded a major share of ~% in the overall revenues of the engineering plastic industry during FY’2014. In terms of market revenues, ABS plastic resin was the second largest market of the engineering plastic industry in India which contributed a share of ~%, during FY’2014. The product finds extensive usage in the automotive sector, which has significantly grown over the last couple of years, determined by the surge in personal disposable incomes as well as busier lifestyles.
Over the years, automotive and transportation applications industry has realized the importance of engineering plastics over metals due to massive reduction in vehicle weight, supplemented with lower production costs. This has enhanced the usage of engineering plastics in the automotive industry, which accounted for a share of ~% during FY’2014, with revenues share being witnessed at USD ~ million. The competition in the engineering plastic market has been largely captured by few major players such as DSM engineering plastics, BASF India, Bhansali Engineering Polymers, Styrolution India and several others. These players have commanded a sizeable market share in the overall engineering plastic market, despite of having a number of SMEs operating under this business.
The engineering plastic market revenues in the future are expected to augment at the CAGR of 21.7% during FY’2014-FY’2019, reaching revenue worth USD ~ million in FY’2019. Polyethylene Terephthalate (PET) segment is likely to sustain its dominance in India’s engineering plastic market space during the period FY’2015-FY’2019.
Key Topics Covered in the Report:
- The market size of the India Engineering Plastics Market in terms of Domestic Revenues
- Market segmentation of the Engineering Plastics Market of India on the basis of types of products
- Market segmentation of the Engineering Plastics Market of India on the basis of end user applications.
- The market size of the PET engineering plastics resin market by domestic sales value, production volume- coverage on export by value and volume and major destinations and market share for major players.
- The market size of the Polyamide engineering plastics resin market by domestic sales value, production volume- coverage on export and import by value and volume and major destinations and market share for major players.
- The market size of the ABS engineering plastics resin market by domestic sales value, production volume- coverage on export and import by value and volume and major destinations and market share for major players.
- The market size of the Polycarbonate engineering plastics resin market by domestic demand, coverage on export and import by volume & major destinations.
- The market size of the Polyacetal engineering plastics resin market by domestic demand, coverage on export and import by volume & major destinations.
- The market size of the ABS engineering plastics resin market by domestic sales value, production volume- coverage on export and import by value and volume & major destinations and market share for major players.
- Government regulations and Trends and Development in the India Engineering Plastics Market
- SWOT Analysis of India Engineering plastics market
- Required Investment for Establishing a Engineering plastic plant in India
- Entry Barriers in India Engineering Plastics Industry
- Competitive landscape of the major manufacturers of engineering plastics resin products in India.
- Future outlook and projections of the India engineering plastics market – on the basis of revenues in the India.
Products
Products
Engineering Plastics, PET resin, Polyamide resin, Polyethylene Terephthalate (PET), Polyamide (Nylon 6 and Nylon 66), ABS, Polyacetal, Polycarbonate,
Companies
Styrolution India, Bhansali Engineering Polymers Limited, Ester Industries, Gujarat Flurochemicals Limited, DSM Engineering Plastics India, BASF India, Reliance Industries
Table of Contents
Table of Contents
1. India Engineering Plastic Market Introduction
1.1. India Engineering Plastic Market Size by Revenues, FY'2009-FY'2014
1.2. India Engineering Plastic Market Segmentation, FY'2009-FY'2014
1.2.1. By Products (PET, ABS, SAN, Polyamide and Others), FY'2009-FY'2014
1.2.2. By End User Applications, FY'2014
2. India Polyethylene Terephthalate (PET) Market Introduction
2.1. India Polyethylene Terephthalate (PET) Market Size
By Revenue, FY'2009-FY'2014
By Production Volume, FY'2009-FY'2014
By Domestic Consumption, FY'2009-FY'2014
2.2. India Polyethylene Terephthalate (PET) Market External Trade
Exports Sales and Revenues, FY'2009-FY'2014
Imports Demand and Value, FY'2009-FY'2014
Import Duty on Polyethylene Terephthalate (PET)
2.3. Market Share of Major Players in Polyethylene Terephthalate (PET) Market, FY2014
3. India Acrylonitrile-Butadiene Styrene (ABS) Market Introduction
3.1. India Acrylonitrile-Butadiene Styrene (ABS) Market Size, FY'2009-FY'2014
By Revenues, FY'2009-FY'2014
By Production Volume, FY'2009-FY'2014
By Domestic Consumption, FY'2009-FY'2014
3.2. India Acrylonitrile-Butadiene Styrene (ABS) Market External Trade
Exports Sales and Revenues, FY'2009-FY'2014
Imports Demand and Value, FY'2009-FY'2014
Import Duty on Acrylonitrile Butadiene Styrene (ABS)
3.3. Market Share of Major Players in Acrylonitrile Butadiene Styrene (ABS) Market
4. India Styrene Acrylonitrile (SAN) Market Introduction
4.1. India Styrene Acrylonitrile (SAN) Market Size
By Revenues, FY'2009-FY'2014
By Production Volume, FY'2009-FY'2014
By Domestic Consumption, FY'2009-FY'2014
4.2. India Styrene Acrylonitrile (SAN) Market External Trade
Exports Sales and Revenues, FY'2009-FY'2014
Imports Demand and Value, FY'2009-FY'2014
Import Duty on Styrene Acrylonitrile (SAN)
4.3. Market Share of Major Players in Styrene Acrylonitrile (SAN) Market
5. India Polyamide Market Introduction
5.1. India Polyamide Market Size, FY'2009-FY'2014
By Revenues, FY'2009-FY'2014
By Production Volume, FY'2009-FY'2014
By Domestic Consumption, FY'2009-FY'2014
5.2. India Polyamide Market External Trade
Exports Sales and Revenues, FY'2009-FY'2014
Imports Demand and Value, FY'2009-FY'2014
Import Duty on Polyamides
5.3. Market Share of Major Players in Polyamide Market of India
6. India Polycarbonate Market Introduction
6.1. India Polycarbonate Market Size, FY'2009-FY'2014
By Domestic Consumption, FY'2009-FY'2014
By Exports, FY'2009-FY'2014
By Imports, FY'2009-FY'2014
Import Duty on Polycarbonate
7. India Polyacetal Market Introduction
7.1. India Polyacetal Market Size, FY'2009-FY'2014
By Domestic Consumption, FY'2009-FY'2014
By Exports, FY'2009-FY'2014
By Imports, FY'2009-FY'2014
Import Duty on Polyacetal
8. Snapshot of Key Engineering Plastics in India by End Users, Major Players, Historic CAGR and Future Potential
9. SWOT Analysis of India Engineering Plastic Market
9.1. Strengths
Higher Substitutability from Metal Products
Inclining Production Efficiency
9.2. Weaknesses
Production Inefficiency driving the usage of Substitutes
Weak Distribution Network for the Export Market
Negligible Focus on Marketing and Advertising of the Product
9.3. Opportunities
Growing Potential from End User Industries
Support from the Global Peers
R&D Investments and Innovations
9.4. Threats
Addressing Environmental Myths and Price Pressure
Replacement Threat from Substitutes
Rising Level of Internal Rivalry
10. Trends and Developments in India Engineering Plastic Market
Engineering Plastic Resin Pricing Scenario
Strengthening Demand from Overseas Markets
Increasing Focus on R&D and Product Development
Government Initiatives to Revive Engineering Plastic Industry
Global Fluctuations in Prices for Raw Materials
Higher Dependence on Fossil Fuels and Growth Potential
Domestic Price Trend
11. Government Policies and Regulations in India Engineering Plastic Market
Import Duty on Engineering Plastic Products
Multiplicity of Taxes and Labour Laws
FDA compliances
ISO Certifications
Technical Specification (TS) Certification
12. Required Investment for Establishing a Engineering Plastic Resin Plant in India
13. Entry Barriers in India Engineering Plastic Market
14. India Engineering Plastic Market Competitive Landscape
15. India Engineering Plastic Market Future Outlook and Projections, FY'2015-FY'2019
Key Opportunities for the Future
15.1. By Products (PET, ABS, SAN, Polyamide and Others), FY'2015-FY'2019
Analyst's Take on the Future Prospects of the Industry in India
15.2. Cause and Effect Relationship in India Engineering Plastic Market
16. Macroeconomic Factors Affecting the India Engineering Plastic Market
16.1. India Automobile Production, FY'2009-FY'2019
16.2. India Auto component Sales, FY'2009-FY'2019
16.3. India Packaging Industry, FY'2009-FY'2019
16.4. India Electronic Industry, FY'2009-FY'2019
17. Appendix
17.1. Market Definitions
17.2. Abbreviations
17.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
17.4. Disclaimer
List of Figure
Figure 1: Consolidated Performance of the India Engineering Plastics Industry in Terms of CAGR Percentage on the Basis of Revenues for the Period FY'2009-FY'2014
Figure 2: India Engineering Plastic Market Size on the Basis of Revenues in USD Million, FY'2009-FY'2014
Figure 3: India Engineering Plastic Resin, PET Resin, ABS Resin, SAN Resin, Polyamide Resin and Other Engineering Plastic Resin Market Size by Revenues in USD Million, FY'2014
Figure 4: India Engineering Plastic Market Segmentation by Types of Products (PET, ABS, SAN, Polyamide and Others) on the Basis of Revenue Contribution in Percentage (%), FY'2009-FY'2014
Figure 5: India Engineering Plastic Market Segmentation by End Users on the Basis of Contribution in Percentage (%), FY'2014
Figure 6: India Polyethylene Terephthalate (PET) Market Size on the Basis of Revenues in USD Million, FY'2009-FY'2014
Figure 7: India Polyethylene Terephthalate (PET) Market Size on the Basis of Production Volume in Tonnes, FY'2009-FY'2014
Figure 8: India Polyethylene Terephthalate (PET) Market on the Basis of Domestic Consumption in Tonnes, FY'2009-FY'2014
Figure 9: India Polyethylene Terephthalate (PET) Engineering Plastic Export Value in USD Thousand, FY'2009-FY'2014
Figure 10: India Polyethylene Terephthalate (PET) Engineering Plastic Export Volume in Tonnes, FY'2009-FY'2014
Figure 11: India Polyethylene Terephthalate (PET) Engineering Plastic Import Value in USD Thousand, FY'2009-FY'2014
Figure 12: India Polyethylene Terephthalate (PET) Engineering Plastic Import Volume in Tonnes, FY'2009-FY'2014
Figure 13: Market Share of Major Players in India Polyethylene Terephthalate (PET) Market on the Basis of Revenue in Percentage (%), FY'2014
Figure 14: India Acrylonitrile Butadiene Styrene (ABS) Market Size on the Basis of Revenues in USD Million, FY'2009-FY'2014
Figure 15: India Acrylonitrile Butadiene Styrene (ABS) Market Size on the Basis of Production in Tonnes, FY'2009-FY'2014
Figure 16: India Acrylonitrile Butadiene Styrene (ABS) Market Size on the Basis of Domestic Consumption in Tonnes, FY'2009-FY'2014
Figure 17: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastic Market Export Value in USD Thousand, FY'2009-FY'2014
Figure 18: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastic Market Export Volume in Tonnes, FY'2009-FY'2014
Figure 19: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastic Market Import Value in USD Thousand, FY'2009-FY'2014
Figure 20: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastic Market Import Volume in Tonnes, FY'2009-FY'2014
Figure 21: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastics Market Imports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Figure 22: Market Share of Major Players in India Acrylonitrile Butadiene Styrene (ABS) Market on the Basis of Revenue in Percentage (%), FY'2014
Figure 23: India Styrene Acrylonitrile (SAN) Market Size on the Basis of Revenues in USD Million, FY'2009-FY'2014
Figure 24: India Styrene Acrylonitrile (SAN) Market Size on the Basis of Production Volume in Tonnes, FY'2009-FY'2014
Figure 25: India Styrene Acrylonitrile (SAN) Market Size on the Basis of Domestic Consumption in Tonnes, FY'2009-FY'2014
Figure 26: India Styrene Acrylonitrile (SAN) Engineering Plastic Market Export Value in USD Thousand, FY'2009-FY'2014
Figure 27: India Styrene Acrylonitrile (SAN) Engineering Plastic Market Export Volume in Tonnes, FY'2009-FY'2014
Figure 28: India Styrene Acrylonitrile (SAN) Engineering Plastic Market Import Value in USD Thousand, FY'2009-FY'2014
Figure 29: India Styrene Acrylonitrile (SAN) Engineering Plastic Market Import Volume in Tonnes, FY'2009-FY'2014
Figure 30: Market Share of Major Players in India Styrene Acrylonitrile (SAN) Market on the Basis of Revenue in Percentage (%), FY'2014
Figure 31: India Polyamide Market Size on the Basis of Revenues in USD Million, FY'2009-FY'2014
Figure 32: India Polyamide Market Size on the Basis of Production in Tonnes, FY'2009-FY'2014
Figure 33: India Polyamide Market Size on the Basis of Domestic Consumption in Tonnes, FY'2009-FY'2014
Figure 34: India Polyamide Engineering Plastic Market Export Value in USD Thousand, FY'2009-FY'2014
Figure 35: India Polyamide Engineering Plastic Market Export Volume in Tonnes, FY'2009-FY'2014
Figure 36: India Polyamide Engineering Plastic Market Import Value in USD Thousand, FY'2009-FY'2014
Figure 37: India Polyamide Engineering Plastic Market Import Volume in Tonnes, FY'2009-FY'2014
Figure 38: India Polycarbonate Market Size on the Basis of Domestic Consumption in Tonnes, FY'2009-FY'2014
Figure 39: India Polycarbonate Engineering Plastic Market Export Volume in Tonnes, FY'2009-FY'2014
Figure 40: India Polycarbonate Engineering Plastic Market Import Volume in Tonnes, FY'2009-FY'2014
Figure 41: India Polyacetal Market Size on the Basis of Domestic Consumption in Tonnes, FY'2009-FY'2014
Figure 42: India Polyacetal Engineering Plastic Market Export Volume in Tonnes, FY'2009-FY'2014
Figure 43: India Polyacetal Engineering Plastic Market Import Volume in Tonnes, FY'2009-FY'2014
Figure 44: Brent Crude Oil Spot FOB Prices in USD/bbl, FY'2009-FY'2014
Figure 45: Average Prices for India Engineering Plastic Resin Market in USD/Tonnes, 2008-2013
Figure 46: India's Engineering Plastic Market Future Projections on the Basis of Revenues in USD Million, FY'2015-FY'2019
Figure 48: India Automobile Production in Million Units, FY'2009-FY'2019
Figure 49: India Auto Component Sales in USD Billion, FY'2009-FY'2019
Figure 50: India Packaging Industry Market Size in USD Billion, FY'2009-FY'2019
Figure 51: India Electronic Industry Revenues in USD Billion, FY'2009-FY'2019
List of Table
Table 1: India Engineering Plastic Market Segmentation by Types of Products (PET, ABS, SAN, Polyamide and Others) on the Basis of Revenue Contribution in USD Million, FY'2009-FY'2014
Table 2: India Engineering Plastic Market Segmentation by End Users on the Basis of Revenues in USD Million, FY'2014
Table 3: India Polyethylene Terephthalate (PET) Engineering Plastics Market Exports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 4: India Polyethylene Terephthalate (PET) Engineering Plastics Market Imports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 5: India Polyethylene Terephthalate (PET) Engineering Plastic Import Duty Structure in Percentage Terms (%), FY'2014
Table 6: Market Share of Major Players in India Polyethylene Terephthalate (PET) Engineering Plastic on the Basis of Revenue in USD Million, FY'2014
Table 7: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastics Market Exports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 8: India Acrylonitrile Butadiene Styrene (ABS) Engineering Plastic Market Import Duty Structure in Percentage Terms (%), FY'2014
Table 9: Market Share of Major Players in India Acrylonitrile Butadiene Styrene (ABS) Market on the Basis of Revenue in USD Million, FY'2014
Table 10: India Styrene Acrylonitrile (SAN) Engineering Plastics Market Exports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 11: India Styrene Acrylonitrile (SAN) Engineering Plastics Market Imports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 12: India Styrene Acrylonitrile (SAN) Engineering Plastic Market Import Duty Structure in Percentage Terms (%), FY'2014
Table 13: Market Share of Major Players in India Styrene Acrylonitrile (SAN) Market on the Basis of Revenue in USD Million, FY'2014
Table 14: India Polyamide Engineering Plastics Market Exports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 15: India Polyamide Engineering Plastics Market Imports by Major Destinations on the Basis of Value in USD Thousand and Volume in Tonnes, FY'2014
Table 16: India Polyamide Engineering Plastic Market Import Duty Structure in Percentage Terms (%), FY'2014
Table 17: Market Share of Major Players in India Polyamide Market on the Basis of Revenue in Percentage (%), FY'2014
Table 18: Market Share of Major Players in India Polyamide Market on the Basis of Revenue in USD Million, FY'2014
Table 19: India Polycarbonate Engineering Plastics Market Exports by Major Destinations on the Basis of Volume in Tonnes, FY'2014
Table 20: India Polycarbonate Engineering Plastic Market Import Scenario by Major Destinations on the Basis of Volume in Tonnes, FY'2014
Table 21: India Polycarbonate Engineering Plastic Market Import Duty Structure in Percentage Terms (%), FY'2014
Table 22: India Polyacetal Engineering Plastics Market Exports by Major Destinations on the Basis of Volume in Tonnes, FY'2014
Table 23: India Polyacetal Engineering Plastics Market Imports by Major Destinations on the Basis of Volume in Tonnes, FY'2014
Table 24: India Polyacetal Engineering Plastic Market Import Duty Structure in Percentage Terms (%), FY'2014
Table 25: Snapshot of Key Engineering Plastics in India by End Users, Major Players, Historic CAGR and Future Potential
Table 26: Pricing Scenario for the Engineering Plastic Resin Products of India in USD/Tonnes, 2008-2013
Table 27: Required Parameters for the Establishment of a Engineering Plastic Resin Processing Plant
Table 28: Cost Structure for the Establishment of Engineering Plastic Resin Manufacturing Plant
Table 29: Competitive Landscape of Major Players operating in Engineering Plastic Market in India
Table 30: India's Engineering Plastic Market Future Projections by Products (PET, ABS, SAN, Polyamide and Others) on the Basis of Revenues in Percentages, FY'2015-FY'2019
Table 31: India's Engineering Plastic Market Future Projections by Products (PET, ABS, SAN, Polyamide and Others) on the Basis of Revenues in Percentages, FY'2015-FY'2019
Table 32: Cause and Effect Relationship Analysis between Industry Factors and Expected Engineering Plastic Market Prospects in India
Table 33: Correlation Matrix of India Engineering Plastic Market
Table 34: Regression Coefficients Output of India's Engineering Plastic Market
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