Chapter 39 Plastic India Import Analysis
Chapter 39 Plastic India Import Analysis
Chapter 39: India Import Analysis for Plastics & Articles thereof
2019, 18+
1959 1968
types of
1st Integrated plastics
LDPE Union
Polystyrene HDPE & PVC Petrochemical usage
LDPE, ICI Carbide
Polychem NOCIL Complex
Rishra W.B. Mumbai & 18.45
Mumbai Mumbai (PE& PP)
PVC Calico Ind MMT
IPCL Vadodara
History
Consumption
1945- Beginning of Production 2018-19
plastic Industry- 2018-19 18.45mmt
Phenolics ≈ 17 million 0.9 MT in 1990
1957- first tones
Thermoplastic 20 times since
-Polystyrene then
Converting Units
Size Of Industry % Recycled No Of Recyclers
Approx. 40000
73 Billion USD 70% on recycled Organised 1000+
Stream Unorganised
India imports of plastics from F.Y. 2018-19 has been increased by 12% w.r.t current financial year.
1
Plastic Market Overall View
PLASTIC IMPORT FROM MAJOR SUPPLIER (HEAT MAP ): IMPORT IN $ BILLION (21-22 F.Y.) TILL N OV:
F.Y. 21-22
$ 12.6 B
S. Korea
$ 1.45 B
Japan
$ 0.75 B
China
$ 2.78 B
USA
$ 0.78 B UAE
$ 0.84 B Thailand
Singapore $ 0.83 B
$ 0.83 B
Min < $ 0.5 B Mid $ 0.5 B- $ 2.0 B Max > $ 2.0 B Source: DGFT
In current F.Y. India has imported 22% alone from China, which is 15.78% higher in comparison to last
year.
% Change in import from major countries w.r.t last F.Y.
60
40 31 30 PE, 5.3, 33%
13.6 PET +
20 BOPET,
0 1.64, 10%
USA China Brazil Global India
Avg. PVC, 3.31,
PP, 5.08,
21%
32%
Global consumption is more than 2 times of
India’s per capita consumption. Source: Plastindia,2019 FIGURE IN MMT, NOTE: Plastinda Foundation/Industry
Estimates, 2018-19, Engineering Plastics & Thermosets are
not included.
2
Manufacturing Process
Source: https://www.ril.com/ar2018-19/product-flow-chart.html
3
Classification of Plastic
TYPES OF PLASTICS:
Thermoplastic Thermosets
(Can be (Can't be
melted) melted)
Blends or
Commodity Engineering Rubber
Alloys
Thermoplastic Thermosets
Can be Processes/Moulded Many times Can be Processes/Moulded only once
Thermoplastic consumption
Thermoplastic Value in KT
PP 5082 Thermoplastic (KT)
PVC 3188 EVA, 190, 1%
PS, 275, 2%
HDPE 2440 CPVC, 130, 1% Paste PVC, 120,
1%
LLDPE 2105
PET 965 Bopet, 673, 4% EPS, 104, 1%
Eng. Plastic 913 LDPE, 755, 4%
LDPE 755
Eng Plastic, 913, PP, 5082, 30%
BOPET 673 5%
PS 275
PET, 965, 6%
EVA 190
CPVC 130 LLDPE, 2105,
12% PVC, 3188, 19%
Paste PVC 120 HDPE, 2440,
EPS 104 14%
Total 16940
Source: Plast India Foundation/Industry Estimate
4
Thermoset’s consumption
Thermosets Value in KT
Thermosets (KT)
Urethanes 665
Phonolics 437 Epoxy, 94, 6%
Urea
Unsaturated Polyester 229 Formaldehyde
, 35, 3%
Epoxy 94 Unsaturated
Polyster, 229, Melamine
Melamine Formaldehyde 50 Formadehyde, 50, 3%
15%
Urea Formaldehyde 35
Total 1510 Urethanes,
Phonolics, 665, 44%
437, 29%
Political Impact
POLITICAL SCENARIO:
India the world’s second largest importer of Natural gas, import $ 82.4
Billion in current F.Y. till Dec’21.
Already tensions have pushed oil prices up 14% in a month past $90 per barrel and analyst say they
could hit $125 a barrel if the situation is not resolved.
Impact On India:
As it is evident from the earlier manufacturing process, both are key elements for the further
processing, which may be the area of concern.
Rise on Price of Polymers, Alternative supplier due to demand supply gap, Supply chain disruption etc.
Source: https://www.reuters.com/markets/asia/oil-hit-100-strong-demand-russia-ukraine-crisis-strategists-2022-02-04/
5
Break Down Analysis
Under ‘39’ chapter ‘26’ four digits & ‘390’ 8 Digit HS code exists, so for our easy of analysis, we have
selected the commodities on certain criteria and scorecard basis.
Under 4 Digit HS Code ‘6’ were selected on the basis of annual import volume of above 500 Mil $.
Now these ‘06’ 4 Digit HS Code has ‘85’ 8 Digit HS Code in which further 100 Mil $ selection criteria is
applied, which drop down our list to ‘21’ 8 Digit HS code, whose list has been provided below with last
four F.Y. value.
6
Selected Commodity Description & Plastic Processing types
Plastic- Description with notation for further study Family Sector Wise
Selected 8
Digit HS Code
39011010 HDPE/LLDPE
39011020 LDPE
39011090 PE (Specific Gravity <0.94)
39012000 PE (Specific Gravity >0.94)
Ethylene
39013000 PEVA-ETHYLENE-VINYL ACETATE COPOLYMERS
39014010 LLDPE
39014090 αEOP-ETHYLENE ALPHA OLEFIN COPOLYMERS & OTHER
39019000 ETHYLENE-OTHERS
39041020 PVC-Suspension Grade Commodity
39041090 PVC-Others (Not mixed with any other substance) Vinyl Chloride Plastic
39049010 PVC-Chlorinated
39021000 PP (Polypropylene)
Polypropylene
39023000 (Polypropylene Copolymers)
39076990 PET (Polyester)
Ester
39079900 OTHER
39069090 Acrylic Polymers-Others (In primary Forms)
39072010 Ether Alcohols (Poly) Ether, Carbonate Engineering
39072090 Polyether (Others) & Acrylic
39074000 PC-Polycarbonates
39093100 PAPI (POLY (METHYLENE PHENYL ISOCYANATE)) Resin &
39095000 PUR/PU (POLYURETHANES) Thermosets
Note: Commodity & Engineering grade comes under the thermoplastic
Urethanes
7
Overview of Key Value chain Stages of Plastics
Raw Material
Production
Feedstock Production Monomers
Stream
Plastic Components
Mid
Manufacture of Final/Assemble Pouches & Cartons
Stream Packaging
Packaging
Down Segregated & Aggregated Plastic
Waste Collection/Sorting
Treatment
stream Waste
The plastic value chain spans from the extraction of raw material for plastic production over several steps
to the end-of-life management and disposal of plastic waste.
The plastics sector engages a broad spectrum of stakeholders from the public, private, and civil sector at
the national, state, and local levels, all of whom have defined roles and responsibilities.
The key stakeholders involved across different stages of plastic value chain are plastic producers and
processors, consumers, and waste managers.
They are supported by connected stakeholders: Industry associations, waste management companies,
transporters, and importers/exporters.
The common stakeholders across the entire value chain include financial institutions, civil society
organizations, and regional, national, and international governmental and non-governmental institutions
8
Sector Wise Plastic Market
COMMODITY PLASTIC APPLICATION & DEMAND SUPPLY:
9
LDPE 2018-19 2019-20 2020-21
Capacity 605 605 605 LDPE Application for F.Y. 20-21, India
Production 556 614 617 Injection
Others
Import 274 294 265
10%
Moulding
Extrusion
2%
Export 126 115 119 Coating
23%
Apparent
723 760 783
Demand Heavy Duty
12%
General
Adh.
Purpose
Lamination
21%
16%
Application F.Y.20-21 Liquid
Extrusion Coating 23% Packaging
16%
General Purpose 21%
Liquid Packaging 16%
Adh. Lamination 16%
Heavy Duty 12%
Others 10%
Injection Moulding 2%
Higher Olefin
(HAO) Film
14%
Application F.Y.20-21 Butene Film
Butene Film 69% 69%
Source: https://cpmaindia.com/
10
PVC 2018-19 2019-20 2020-21 PVC Application for F.Y. 20-21, India
Capacity 1557 1579 1579
Profiles, 3% Films, 2%
Production 1409 1436 1367 Fittings, 5%
Sheets, 1%
Import 1813 1852 1394
Export 0 0 0
Calendering,
Apparent 3199 3261 2825 6%
Demand W&C, 7%
Application F.Y.20-21
Pipes 76%
W&C 7%
Pipes, 76%
Calendaring 6%
Fittings 5%
Profiles 3%
Films 2%
Sheets 1%
ENGINEERING P LASTIC APPLICATION & DEMAND SUPPLY: PC Application for F.Y. 18-19, India
Optical
There is no virgin polycarbonate manufacturing media, 7%
facility in India, entire demand for virgin materials Consumer
Construction,
Goods/
is met through imports. Packaging/ 12%
Medical, 33%
Electronics,
14%
India polycarbonate resin (virgin & regrind)
market stood at over 196 KT in 2019 and is
Electrical,
projected to cross 290 KT by 2025. 17%
Auto, 17%
GAIL India Limited is planning to set up a polycarbonate resin plant in Maharashtra with a capacity of about
130 KTPA by 2023.
Source: Statista & https://www.marketwatch.com/press-release/india-polycarbonate-resin-market-qualitative-analysis-quantitative-analysis-forecast-up-to-2030-
2022-01-25?tesla=y
THERMOSETS P LASTIC APPLICATION & DEMAND SUPPLY : PU Application for F.Y. 18-19, India
Sector Wise Consumption 2018-19 KT
Slab Stocks Mattresses & Furniture 210 Coating Etc., Miscellaneo
6% us, 1%
Rigid Foam Thermoware, Hot water geyser/Integral
Skin foam for steering wheel & arm rest, Molded
145
continuous & discontinuous panel in Foam, 19%
Slab Stocks,
Refrigerator, Appliances, Spray foam etc. 32%
Footwear Formal, Casual, Beach, Sports Footwear 138
Molded For all Auto, locomotive, office furniture
124
Foam Footwear,
21%
Coating etc. Coating, Adhesive, Sealant, Elastomer 42 Rigid Foams,
Misc. Others 6 22%
Total 665
11
Product Wise break up of 8 Digit Plastic Import in to India
All value in USD Mil
F.Y.
12
Geographical Spread of Imports (Country of Origin)
13
GRAPHICAL VIEW:
1600
1432 1447
1400
1252
1200
1007 987
Value in $ Mil
1000
802 786 820
800 731 743 701
604 645678
591 559 586 581 546
600
401
400
176 201
200
0
Others
SAUDI South THAILAN SINGAPO
CHINA JAPAN U.A.E. TAIWAN U.S.A. QATAR (Below $
ARABIA Korea D RE
200 Mil)
20-21 591 802 731 559 586 604 645 401 820 176 1252
21-22 1432 1007 987 786 743 701 678 581 546 201 1447
Except USA all market has shown growth w.r.t last financial year.
14
Country or Product Wise Import of Plastic (April’20-Jan’22)-Selected 8-digit HS Code
COMMODITY PLASTIC:
PVC-
Country Of Ethylene- PE (SG PE (SG PROPYLENE PVC- PVC- %
HDPE/LLDPE LDPE LLDPE Others PET PEVA PP Suspension αEOP Total
Origin Others <0.94) >0.94) COPOLYMERS Chlorinated Others Share
Grade
SAUDI
35.85 83.79 147.69 50.84 4.82 75.82 278.44 1.52 166.88 466.32 47.35 0.01 8.82 73.43 41.38 1482.96 12%
ARABIA
U.A.E. 23.75 87.38 42.13 57.43 1.69 52.54 585.69 5.27 0.18 233.93 165.45 2.13 10.78 16.53 31.92 1316.81 11%
CHINA 46.07 3.60 2.09 100.87 11.42 6.53 67.30 16.97 184.17 3.29 32.85 81.28 687.57 0.68 1244.69 10%
South Korea 77.71 4.89 16.56 4.85 33.21 49.12 24.97 1.15 236.10 126.66 25.93 33.30 83.28 423.36 14.19 1155.28 9%
JAPAN 45.22 8.53 4.70 0.04 19.07 6.88 6.90 2.77 26.94 12.84 16.29 91.08 137.68 757.93 2.99 1139.86 9%
U.S.A. 103.08 58.73 87.62 100.87 27.48 67.18 140.02 5.47 23.94 43.47 14.16 39.19 10.98 40.64 364.09 1126.93 9%
TAIWAN 0.71 0.01 0.14 60.91 0.33 3.16 34.31 23.67 9.64 4.89 0.04 167.83 561.51 0.28 867.43 7%
THAILAND 26.35 19.29 22.12 5.69 48.62 41.13 21.71 8.03 50.38 61.60 90.96 211.93 137.08 87.79 23.47 856.15 7%
SINGAPORE 4.97 30.97 4.31 48.80 18.69 16.76 18.11 0.00 0.47 229.11 272.80 3.55 0.06 174.96 823.56 7%
QATAR 2.59 33.54 69.97 8.28 24.64 235.46 0.02 0.23 0.45 1.44 376.60 3%
GERMANY 3.76 1.08 5.44 0.32 24.12 100.68 13.75 1.30 10.43 3.80 5.49 0.86 11.68 10.84 1.62 195.16 2%
Others (%
107.79 98.61 93.87 26.37 85.99 94.98 160.18 71.27 67.39 193.87 48.63 53.13 159.99 398.62 31.80 1692.49 14%
Share <=1%)
Grand Total 477.85 430.41 496.53 303.64 425.47 541.47 1494.92 198.40 623.34 1565.64 695.24 464.53 813.39 3058.27 688.80 12277.91 100%
Value in USD Mil
15
ENGINEERING PLASTIC: Value in USD Mil
Country Of Origin Acrylic Polymers-Others PC-Polycarbonates Poly-Ether Alcohols Polyether-Others Total % Share
THAILAND 7.75 316.84 19.93 142.55 487.07 16%
CHINA 153.32 75.90 29.34 167.90 426.46 14%
South Korea 57.34 242.81 31.32 81.39 412.86 14%
SINGAPORE 44.65 14.24 223.01 107.44 389.34 13%
SAUDI ARABIA 4.91 77.14 169.37 9.13 260.56 9%
U.S.A. 53.27 47.45 22.42 106.42 229.55 8%
NETHERLANDS 29.16 22.02 47.51 18.78 117.48 4%
JAPAN 89.46 7.02 1.40 14.17 112.05 4%
GERMANY 89.93 1.26 1.15 12.33 104.66 3%
TAIWAN 18.30 4.74 63.26 7.03 93.33 3%
Vietnam 1.07 0.10 85.90 0.84 87.91 3%
SPAIN 4.26 65.70 8.24 0.84 79.05 3%
Others (% Share
144.75 6.39 11.64 27.98 190.76 6%
<=1%)
Grand Total 698.20 881.59 714.48 696.81 2991.08 100%
16
Port Wise Import of Plastic (April’20-Jan’22)
No. Of %
Port Of Destination USD-Mil
Importers Share
JNPT 3190 5882.73 36%
Mundra 1688 2255.43 14%
Chennai Sea 1277 1849.39 11%
Kolkata Sea 473 684.48 4%
Garhi Harsaru - Gurgaon
ICD 264 561.51 3%
HAZIRA PORT/SURAT 194 485.12 3%
Kandla 12 456.77 3% Port Of Destination-Zone Wise $-
ICD TUMB 126 376.46 2% Mil
Tughlakabad 647 367.96 2% 12000 10594
Thar Dry Port 10000
ICD/Ahmedabad 119 318.50 2% 8000
Cochin Sea 99 259.52 2%
$-Mil
6000
Patli ICD 85 221.39 1% 4000 2893
2097
Pipavav (Victor) Port 212 199.39 1% 2000 691
Dadri-ACPL CFS 130 177.29 1% 0
Tuticorin Sea 106 166.59 1% West South North East
Sabarmati ICD 227 140.75 1% $-Mil 10594 2893 2097 691
Noida-Dadri (ICD) 144 132.11 1%
PANCHI GUJARAN,
Sonepat ICD 217 114.98 1%
Ennore 82 112.89 1%
Baroda 29 102.04 1%
Dadri - STTPL (CFS) 125 95.21 1%
Hyderabad 80 94.96 1%
Bangalore 149 87.18 1%
Others (Below 1% Share)
72 Ports 3733 1131.83 7%
Grand Total 7739 16274.50 100%
17
HDPE/LLDPE: LDPE:
USD- % Products USD-Mil % Share
Products
Mil Share JNPT 138.07 27.81%
JNPT 178.49 41.47% Mundra 112.06 22.57%
Kolkata Sea 50.58 11.75% Kolkata Sea 44.41 8.94%
Mundra 34.48 8.01%
ICD TUMB 32.80 6.61%
Chennai Sea 32.53 7.56%
Chennai Sea 25.93 5.22%
Cochin Sea 14.82 3.44%
Sabarmati ICD 17.73 3.57%
HAZIRA
PORT/SURAT 14.03 3.26% Thar Dry Port ICD/Ahmedabad 17.18 3.46%
ICD TUMB 12.35 2.87% Cochin Sea 15.88 3.20%
Tughlakabad 12.20 2.83% Patli ICD 14.41 2.90%
Bangalore 10.94 2.54% Pipavav (Victor) Port 11.59 2.33%
Patli ICD 10.58 2.46% Others (Below 2% Share) 43
Tuticorin Sea 8.96 2.08% Ports 66.47 13.39%
Others (Below 2% Grand Total 496.53 100.00%
Share) 43 Ports 50.44 11.72%
Grand Total 430.41 100.00%
18
LLDPE: αEOP-ETHYLENE ALPHA OLEFIN COPOLYMERS & OTHER
PVC-OTHERS: PVC-CHLORINATED:
USD- % Products USD-Mil % Share
Products
Mil Share JNPT 158.30 34.08%
JNPT 250.02 30.74% Thar Dry Port
Mundra 151.48 18.62% ICD/Ahmedabad 82.64 17.79%
Chennai Sea 128.72 15.82% HAZIRA PORT/SURAT 79.31 17.07%
Kolkata Sea 80.17 9.86%
Chennai Sea 76.81 16.54%
Tuticorin ICD 30.48 3.75%
Pune-Talegoan ICD 24.21 2.98% Mundra 33.76 7.27%
Others (Below 2% Share) 28
Tughlakabad 17.06 2.10%
Ports 33.71 7.26%
Others (Below 2%
Share) 50 Ports 131.25 16.14% Grand Total 464.53 100.00%
Grand Total 813.39 100.00%
19
PP (P OLYPROPYLENE ): PET (POLYESTER):
USD- % Products USD-Mil % Share
Products
Mil Share Chennai Sea 64.44 32.48%
JNPT 426.77 27.26% JNPT 53.88 27.15%
Mundra 326.54 20.86%
Tughlakabad 16.92 8.53%
Chennai Sea 117.93 7.53%
Pakwara (Moradabad) 11.26 5.68%
HAZIRA PORT/SURAT 94.33 6.02%
Tuticorin Sea 82.38 5.26% Kolkata Sea 10.16 5.12%
Kolkata Sea 81.86 5.23% HAZIRA PORT/SURAT 9.58 4.83%
Thar Dry Port ICD TUMB 9.13 4.60%
ICD/Ahmedabad 61.09 3.90% Mundra 6.39 3.22%
Cochin Sea 51.85 3.31% Others (Below 2% Share) 33
ICD TUMB 50.65 3.23% Ports 16.64 8.39%
Patli ICD 45.24 2.89% Grand Total 198.40 100.00%
Others (Below 2%
Share) 59 Ports 227.02 14.50%
Grand Total 1565.64 100.00%
20
THERMOSET PLASTICS:
PAPI (POLY (METHYLENE PHENYL ISOCYANATE)):
Products USD-Mil % Share
JNPT 223.57 51.34%
HAZIRA PORT/SURAT 79.15 18.17%
Kandla 48.95 11.24%
Chennai Sea 26.27 6.03%
Tiruvallur-ILP ICD 14.23 3.27%
Garhi Harsaru - Gurgaon ICD 12.47 2.86%
Dadri-ACPL CFS 8.76 2.01%
Others (Below 2% Share) 25
Ports 22.11 5.08%
Grand Total 435.51 100.00%
PUR/PU (P OLYURETHANES):
Products USD-Mil % Share
JNPT 170.69 29.95%
Garhi Harsaru - Gurgaon ICD 139.62 24.49%
Chennai Sea 54.84 9.62%
Mundra 39.26 6.89%
Noida-Dadri (ICD) 18.45 3.24%
Kolkata Sea 16.11 2.83%
Tughlakabad 12.75 2.24%
Dadri-ACPL CFS 12.25 2.15%
Others (Below 2% Share) 49
Ports 106.03 18.60%
Grand Total 569.99 100.00%
21
Importer of Plastic (April’20-Jan’22)
COMMODITY PLASTIC:
HDPE/LLDPE: LDPE:
% %
Importers $-Mil Importers $-Mil
Share Share
KULODAY TECHNOPACK CHEMICO INTERNATIONAL
PRIVATE LIMITED 19.42 5% PRIVATE LIMITED 23.22 5%
KVN IMPEX PRIVATE LIMITED 12.64 3% POLYCAB INDIA LIMITED 21.51 4%
LILA POLYMERS PRIVATE TETRA PAK INDIA PRIVATE LIMITED 18.23 4%
LIMITED 9.09 2% TRICON ENERGY INDIA PRIVATE
SYNTHETIC PACKERS LIMITED 13.22 3%
PRIVATE LIMITED 8.56 2% ACULIFE HEALTHCARE PRIVATE
EPL LIMITED 7.15 2% LIMITED 10.56 2%
TRICON ENERGY INDIA KVN IMPEX PRIVATE LIMITED 9.81 2%
PRIVATE LIMITED 6.51 2% RISHABH TRIEXIM LLP 9.30 2%
Others (Below 2 % Share) CHEMICO INTERNATIONAL PVT LTD 8.80 2%
872 Importers 367.04 85% BOMBAY FANCY STORE 8.71 2%
Grand Total 430.41 100% AUDAX PROTECTIVE FABRICS
PRIVATE LIMITED 7.70 2%
FASTRACK DEALCOMM PRIVATE
LIMITED 7.53 2%
Others (Below 2 % Share) 777
Importers 357.95 72%
Grand Total 496.53 100%
PE (SPECIFIC GRAVITY<0.94):
Importers $-Mil % Share
SUKHESH MARKETING PRIVATE LIMITED 53.42 10%
TETRA PAK INDIA PRIVATE LIMITED 22.13 4%
OTSUKA PHARMACEUTICAL INDIA PRIVATE LIMITED 21.56 4%
KEI INDUSTRIES LIMITED 18.33 3%
UFLEX LIMITED 14.96 3%
SHAKUN POLYMERS PRIVATE LIMITED 10.38 2%
AMANTA HEALTHCARE LIMITED 8.16 2%
Others (Below 2% Share) 1198 Importers 392.53 72%
Grand Total 541.47 100%
PE (SPECIFIC GRAVITY>0.94):
Importers $-Mil % Share
SIGMA CHEMTRADE PRIVATE LIMITED 109.89 7%
THE SUPREME INDUSTRIES LIMITED 33.46 2%
TIME TECHNOPLAST LIMITED 33.41 2%
KVN IMPEX PRIVATE LIMITED 32.66 2%
ARCELORMITTAL NIPPON STEEL INDIA LIMITED 23.58 2%
JINDAL SAW LIMITED 23.46 2%
Others (Below 2% Share) 1322 1238.46 83%
Grand Total 1494.92 100%
22
PEVA-ETHYLENE -VINYL ACETATE COPOLYMERS: LLDPE:
% %
Importers $-Mil Importers $-Mil
Share Share
9% ULTIMATE FLEXIPACK LTD 26.35 9%
RELAXO FOOTWEARS LIMITED 54.42
VISHAKHA POLYFAB PRIVATE LIMITED 24.49 8%
RENEWSYS INDIA PRIVATE LIMITED 26.49 4% THE SUPREME INDUSTRIES LIMITED 19.40 6%
3% ULTIMATE FLEXIPACK LIMITED 17.10 6%
MAX SPECIALITY FILMS LIMITED 16.65 TRICON ENERGY INDIA PRIVATE
SHAKUN POLYMERS PRIVATE LIMITED 16.07 5%
2%
LIMITED 14.75 K V N IMPEX PVT LTD 10.61 3%
RAJSHILA SYNTHETICS PVT LTD 10.59 2% SHRINATH FLEXIPACK PRIVATE LIMITED 10.58 3%
2% KVN IMPEX PRIVATE LIMITED 6.98 2%
SUNDEEP INDUSTRIES 10.27 PARIKH PACKAGING PRIVATE LIMITED 6.11 2%
AQUENT ADVANCE MATERIAL BHAVIK ENTERPRISES LIMITED 5.46 2%
2%
TECHNOLOGIES PRIVATE LIMIT 9.84 AMCOR FLEXIBLES INDIA PRIVATE
PARAGON POLYMER PRODUCTS LIMITED 5.31 2%
2%
PRIVATE LIMITED 9.72 HUHTAMAKI INDIA LIMITED 5.01 2%
Others (Below 2% Share) 778 IDMC LIMITED 4.78 2%
75%
Importers 470.61 Others (Below 2% Share) 274
Grand Total 623.34 100% Importers 145.39 48%
Grand Total 303.64 100%
ETHYLENE OTHERS
Importers $-Mil % Share
POLYCAB INDIA LIMITED 18.42 4%
CHEMICO INTERNATIONAL PRIVATE LIMITED 18.37 4%
HYUNDAI ENGINEERING PLASTICS INDIA PRIVATE LIMITED 12.06 3%
CREATIVE POLYPACK LTD 10.84 2%
ROYAL CASTOR PRODUCTS LIMITED 10.78 2%
ROYAL CASTOR PRODUCTS LTD 9.96 2%
STERLITE TECHNOLOGIES LIMITED 9.22 2%
UFLEX LIMITED 8.64 2%
INDIAN ADDITIVES LIMITED 8.35 2%
Others (Below 2% Share) 1366 Importers 371.21 78%
Grand Total 477.85 100%
23
PVC-SUSPENSION GRADE : PVC-OTHERS
% %
Importers $-Mil Importers $-Mil
Share Share
PRECISION PLASTIC RESPONSIVE INDUSTRIES LTD 29.38 4%
INDUSTRIES PRIVATE 12% FINOLEX INDUSTRIES LIMITED 25.64 3%
LIMITED 361.59 POLY PIPES INDIA PRIVATE LIMITED 20.42 3%
THE SUPREME INDUSTRIES CAPRIHANS INDIA LIMITED 19.53 2%
7%
LIMITED 210.91 ACG PHARMAPACK PRIVATE LIMITED 19.52 2%
PRINCE PIPES AND SUSHILA PARMAR INTERNATIONAL
5% 2%
FITTINGS LIMITED 151.51 PRIVATE LIMITED 18.84
SUSHILA PARMAR R R KABEL LIMITED 16.98 2%
INTERNATIONAL PRIVATE 5% D C W LIMITED 16.90 2%
LIMITED 144.73 DCW LIMITED 15.16 2%
RISHABH TRIEXIM LLP 84.17 3% ACG PHARMAPACK PVT LTD 13.40 2%
POLY PIPES INDIA PRIVATE TRICON ENERGY INDIA PRIVATE
2% 2%
LIMITED 68.66 LIMITED 12.28
POLY PIPES INDIA (P) LTD 54.47 2% Others (Below 2 % Share) 1090
74%
OVERSEAS POLYMERS PVT Importers 605.34
2%
LTD 46.78 Grand Total 813.39 100%
Others (Below 2% Share)
63%
1013 Importers 1935.44
Grand Total 3058.27 100%
24
OTHERS: PP-POLYPROPYLENE :
% %
Importers $-Mil
Importers $-Mil Share Share
ALLNEX RESINS INDIA PRIVATE JINDAL POLY FILMS LIMITED 48.29 3%
LIMITED 24.98 6% JINDAL POLY FILMS LTD. 36.20 2%
DSM INDIA PRIVATE LIMITED 22.70 5% KVN IMPEX PRIVATE LIMITED 31.99 2%
BASF INDIA LIMITED 17.89 4% FLEXITUFF VENTURES
2%
DOW CHEMICAL INTERNATIONAL INTERNATIONAL LIMITED 24.91
PRIVATE LIMITED 17.03 4% OVERSEAS POLYMERS PRIVATE
2%
AKZO NOBEL INDIA LIMITED 16.49 4% LIMITED 24.27
ESTER INDUSTRIES LIMITED 8.77 2% Others (Below 2% Share) 1679
89%
JOTUN INDIA PRIVATE LIMITED 8.69 2% Importers 1399.99
NATUR TEC INDIA PRIVATE Grand Total 1565.64 100%
LIMITED 7.68 2%
LANXESS INDIA PRIVATE LIMITED 7.66 2%
STERLITE TECHNOLOGIES LIMITED 7.03 2%
COIM INDIA PRIVATE LIMITED 6.94 2%
SABIC INNOVATIVE PLASTICS
INDIA PRIVATE LIMITED 6.61 2%
Others (Below 2% Share) 1275
Importers 272.99 64%
Grand Total 425.47 100%
POLYPROPYLENE COPOLYMERS:
Importers $-Mil % Share
MITSUI PRIME ADVANCED COMPOSITES INDIA PRIVATE LIM 31.76 5%
SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED 24.93 4%
MACHINO POLYMERS LIMITED 22.92 3%
EXIDE INDUSTRIES LIMITED 22.05 3%
L G ELECTRONICS INDIA PRIVATE LIMITED 20.23 3%
MYTEX POLYMERS INDIA PRIVATE LIMITED 19.23 3%
OVERSEAS POLYMERS PRIVATE LIMITED 18.91 3%
HYUNDAI ENGINEERING PLASTICS INDIA PRIVATE LIMITED 18.63 3%
BASELL POLYOLEFINS INDIA PRIVATE LIMITED 18.18 3%
OVERSEAS POLYMERS PVT LTD 16.97 2%
COSMO FILMS LIMITED 16.85 2%
MANGAL INDUSTRIES LIMITED 11.07 2%
LG ELECTRONICS INDIA PRIVATE LIMITED 10.56 2%
Others (Below 2% Share) 664 Importers 442.94 64%
Grand Total 695.24 100%
ENGINEERING PLASTIC:
ACRYLIC POLYMERS-OTHERS
Importer $-Mil % Share
UNICHARM INDIA PRIVATE LIMITED 45.03 6%
BASF INDIA LIMITED 32.13 5%
EVONIK INDIA PRIVATE LIMITED 32.00 5%
ARIHANT INNOCHEM PRIVATE LIMITED 27.74 4%
KIMBERLY CLARK INDIA PRIVATE LIMITED 16.83 2%
NOBEL HYGIENE PRIVATE LIMITED 13.25 2%
A K D POLYMERS PRIVATE LIMITED 11.18 2%
APEX TECHNO POLYMER PRIVATE LIMITED 10.91 2%
SOLENIS CHEMICALS INDIA PRIVATE LIMITED 10.79 2%
Others (Below 2 % Share) 2011 Importers 498.33 71%
Grand Total 698.20 100%
25
POLY ETHER A LCOHOLS: POLYETHER (OTHERS)
% %
Importers $-Mil Importers $-Mil
Share Share
DOW CHEMICAL BASF INDIA LIMITED 50.64 7%
INTERNATIONAL PRIVATE 35% PORUS LABORATORIES PRIVATE LIMITED 37.96 5%
LIMITED 252.85
SHEELA FOAM LIMITED 34.73 5%
OVERSEAS POLYMERS PVT LTD 130.82 18%
PON PURE CHEMICAL INDIA PRIVATE
HYOSUNG INDIA PRIVATE 5%
12% LIMITED 34.53
LIMITED 85.88
WANHUA INTERNATIONAL INDIA
OVERSEAS POLYMERS PRIVATE 5%
11% PRIVATE LIMITED 33.55
LIMITED 80.40
INDORAMA INDIA PRIVATE TOYOTA TSUSHO INDIA PRIVATE LIMITED 29.57 4%
6% WAKEFIT INNOVATIONS PRIVATE
LIMITED 42.65 3%
KPX CHEMICAL INDIA PRIVATE LIMITED 22.75
2% DOW CHEMICAL INTERNATIONAL
LIMITED 15.72 3%
INDORAMA INDUSTRIES PRIVATE LIMITED 18.88
2% HIGH PERFORMANCE PLASTICS INDIA
LIMITED 12.43 2%
ROYAL SYNTHETICS 11.28 2% PRIVATE LIMITED 15.29
COVESTRO INDIA PRIVATE PYARELAL FOAMS PRIVATE LIMITED 12.19 2%
2% SAMSUNG INDIA ELECTRONICS PRIVATE
LIMITED 10.76 2%
Others (Below 2% Share) 147 LIMITED 11.76
10%
Importers 71.69 P U CHEMICALS PRIVATE LIMITED 11.30 2%
Grand Total 714.48 100% SHREE MALANI FOAMS PRIVATE LIMITED 10.94 2%
Others (Below 2 % Share) 997 Importers 372.72 53%
Grand Total 696.81 100%
26
PUR/PU (P OLYURETHANES):
Importers $-Mil % Share
DOW CHEMICAL INTERNATIONAL PRIVATE LIMITED 59.45 10%
RELAXO FOOTWEARS LIMITED 21.88 4%
COIM INDIA PRIVATE LIMITED 21.41 4%
COIM INDIA P LTD 16.69 3%
BASF INDIA LIMITED 15.88 3%
COIM INDIA P.LTD. 15.70 3%
HUNTSMAN INTERNATIONAL INDIA PVT. LTD. 15.14 3%
WANHUA INTERNATIONAL INDIA PRIVATE LIMITED 11.76 2%
HUNTSMAN INTERNATIONAL INDIA PRIVATE LIMITED 11.74 2%
HFCL LIMITED 10.31 2%
EXCEL POLYMER INDUSTRIES 8.94 2%
HUNTSMAN INTERNATIONAL (INDIA) PRIVATE LIMITED 8.90 2%
Others (Below 2% Share) 1695 Importers 352.19 62%
Grand Total 569.99 100%
27
Supplier of Plastic (April’20-Jan’22)
COMMODITY PLASTIC
HDPE/LLDPE: LDPE:
USD % %
Exporter Name Exporter Name USD Mil
Mil Share Share
Borouge Pte Ltd 39.41 9% DOW CHEMICAL INTERNATIONAL PVT
DOW CHEMICAL LTD 71.85 14%
INTERNATIONAL PVT LTD 31.26 7% BASELL INTERNATIONAL TRADING FZE 45.92 9%
Borouge Pte Ltd 21.17 4%
SABIC ASIA PACIFIC PTE LTD 27.54 6%
DOW CHEMICAL INTERNATIONAL PVT
EXXONMOBIL CHEMICAL
LTD 20.19 4%
ASIA PACIFIC 26.27 6%
EXXONMOBIL CHEMICAL ASIA PACIFIC 19.02 4%
OQ MARKETING LLC 18.25 4% DOW CHEMICAL INTERNATIONAL PVT
BOROUGE PTE LTD 15.19 4% LTD. 17.75 4%
TOTAL PETROCHEMICALS QATAR CHEMICAL AND
FRANCE 12.65 3% PETROCHEMICAL MARKETING AND 13.04 3%
BOROUGE PTE LTD. 10.68 2% QATAR CHEMICAL AND
DOW CHEMICAL PETROCHEMICAL MARKETING AND DIS 11.58 2%
INTERNATIONAL PVT LTD 9.78 2% RENUKA AGENCIES LIMITED 10.91 2%
BENJOHN ENTERPRISE 9.68 2% QATAR CHEMICAL AND
UNIVERO SINGAPORE PTE PETROCHEMICAL 9.81 2%
LTD 7.95 2% M S TETRA PAK GLOBAL SUPPLY SA 8.65 2%
DOW CHEMICAL QATAR CHEMICAL AND
INTERNATIONAL PVT LTD. 7.83 2% PETROCHEMICAL MA 8.31 2%
Others (Below 2% Share) ARAMCO CHEMICALS COMPANY 7.76 2%
874 Exporters 213.93 50% Others (Below 2% Share) 659 Exporters 230.55 46%
Grand Total 430.41 100% Grand Total 496.53 100%
28
PEVA-ETHYLENE-VINYL ACETATE COPOLYMERS: LLDPE:
USD % USD %
Exporter Name Exporter Name
Mil Share Mil Share
SIPCHEM MARKETING EXXONMOBIL CHEMICAL ASIA
COMPANY 113.03 18% PACIFIC 85.30 28%
DOW CHEMICAL
HANWHA CORPORATION 43.15 7% INTERNATIONAL PVT LTD 54.92 18%
POLENE PLASTIC COMPANY
Borouge Pte Ltd 34.91 11%
LIMITED 32.66 5%
EXXON MOBIL CHEMICAL ASIA
LG CHEM LTD 31.10 5% PACIFIC 8.60 3%
HANWHA SOLUTIONS BOROUGE PTE LTD 8.56 3%
CORPORATION 28.84 5% DOW CHEMICAL
EXXONMOBIL CHEMICAL ASIA INTERNATIONAL PVT LTD. 6.86 2%
PACIFIC 22.73 4% SABIC ASIA PACIFIC PTE LTD 6.80 2%
RENUKA AGENCIES LIMITED 15.35 2% M/S. EXXONMOBIL CHEMICAL
VERSALIS SINGAPORE PTE LTD 14.53 2% ASIA PACIF 5.89 2%
HANWHA TOTAL BOROUGE PTE LTD. 5.42 2%
PETROCHEMICAL CO LTD 14.40 2% DOW CHEMICAL
INTERNATIONAL PVT LTD 5.22 2%
LG CHEM LTD 13.57 2% M/S. DOW CHEMICAL
ASIA POLYMER CORPORATION 11.13 2% INTERNATIONAL PVT 4.81 2%
Others (Below 2% Share) 710 Others (Below 2 % Share) 181
Exporters 282.87 45% Exporters 76.34 25%
Grand Total 623.34 100% Grand Total 303.64 100%
USD % %
Exporter Name Exporter Name USD Mil
Mil Share Share
EXXONMOBIL CHEMICAL DOW CHEMICAL
ASIA PACIFIC 215.11 31% INTERNATIONAL PVT LTD 49.57 10%
EXXONMOBIL CHEMICAL DOW CHEMICAL
ASIA PACIFIC 182.07 26% INTERNATIONAL PVT LTD 28.32 6%
DOW CHEMICAL DOW CHEMICAL
INTERNATIONAL PVT LTD 60.45 9% INTERNATIONAL PVT LTD. 21.73 5%
M/S. EXXONMOBIL
CHEMICAL ASIA PACIF 20.93 3% LG CHEM LTD 21.09 4%
M S EXXONMOBIL Borouge Pte Ltd 20.00 4%
CHEMICAL ASIA PACIF 17.37 3% EXXONMOBIL CHEMICAL ASIA
PACIFIC 13.92 3%
Borouge Pte Ltd 16.33 2%
DOW CHEMICAL SABIC ASIA PACIFIC PTE LTD 12.03 3%
INTERNATIONAL PVT LTD 15.31 2% PERFORMANCE MATERIAL
Others (Below 2% Share) PRODUCTS 11.76 2%
334 Exporters 161.24 23% SK FUNCTIONAL POLYMER 11.16 2%
Grand Total 688.80 100% BOROUGE PTE LTD. 9.62 2%
M S KUSUMOTO CHEMICALS LTD 9.03 2%
CHEVRON ORONITE PTE LTD 8.35 2%
Others (Below 2% Share) 1586
Exporters 261.28 55%
Grand Total 477.85 100%
29
PVC-SUSPENSION GRADE : PVC-OTHERS
USD % %
Exporter Name Exporter Name USD Mil
Mil Share Share
OPEC PLASTICS JOINT FORMOSA PLASTICS CORPORATION 66.75 8%
STOCK COMPANY 374.20 12% KEM ONE 37.55 5%
FORMOSA PLASTICS MITSUBISHI CORPORATION 37.30 5%
CORPORATION 270.48 9%
SCG PLASTICS CO LTD 24.34 3%
MITSUBISHI
CORPORATION 177.99 6% SCG PLASTICS CO LTD 23.49 3%
HANWHA SOLUTIONS
ITOCHU CORPORATION 150.32 5% CORPORATION 17.73 2%
LG CHEM LTD 124.41 4% LG CHEM LTD 15.97 2%
HANWHA SOLUTIONS TRICON ENERGY UK LTD 14.52 2%
CORPORATION 96.61 3%
MARUBENI CORPORATION 14.35 2%
MARUBENI CORPORATION 60.00 2% M S OCEAN PLASTICS CO LTD 12.92 2%
LG CHEM LTD 49.23 2% KANEKA CORPORATION 12.45 2%
Others (Below 2% Share) Others (Below 2% Share) 1190
1018 Exporters 1755.03 57% Exporters 536.02 66%
Grand Total 3058.27 100% Grand Total 813.39 100%
30
OTHERS: PP (POLYPROPYLENE):
USD % %
Exporter Name Exporter Name USD Mil
Mil Share Share
SHINKONG SYNTHETIC BASELL INTERNATIONAL TRADING
FIBERS CORPORATION 22.90 5% FZE 190.92 12%
DOW EUROPE GMBH 16.25 4% EXXONMOBIL CHEMICAL ASIA
ALLNEX MALAYSIA SDN BHD 10.58 2% PACIFIC 161.79 10%
Borouge Pte Ltd 108.29 7%
BASF HONG KONG LTD 8.85 2% OQ MARKETING LLC 53.49 3%
ALLNEX THAILAND LTD 8.79 2% GULF POLYMERS DISTRIBUTION
CHANG CHUN PLASTICS CO COMPANY 49.96 3%
LTD 8.07 2% SABIC ASIA PACIFIC PTE LTD 31.54 2%
COIM ASIA PACIFIC PTE LTD. 8.02 2% M/S. BASELL INTERNATIONAL
SHINKONG SYNTHETIC TRADING F 27.82 2%
FIBERS 6.85 2% GULF POLYMERS DISTRIBUTION
SYNTHESE THAILAND CO COMPANY FZCO 27.48 2%
LTD 6.78 2% BOROUGE PTE LTD 25.05 2%
COIM ASIA PACIFIC PTE LTD 6.47 2% DRAGON LAND CORPORATION
Others (Below 2 % Share) LIMITED 24.01 2%
2128 Exporters 321.90 76% Others (Below 2% Share) 1955
Exporters 865.28 55%
Grand Total 425.47 100%
Grand Total 1565.64 100%
ENGINEERING PLASTIC:
POLY-PROPYLENE COPOLYMERS: ACRYLIC POLYMERS-OTHERS:
USD % %
Exporter Name Mil Share Exporter Name USD Mil
Share
EXXONMOBIL CHEMICAL
ASIA PACIFIC 181.85 26% EVONIK OPERATIONS GMBH 31.26 4%
Borouge Pte Ltd 114.67 16%
BASELL INTERNATIONAL LG CHEM LTD 26.84 4%
TRADING FZE 63.99 9% SUMITOMO SEIKA ASIA PACIFIC
M S EXXONMOBIL CHEMICAL PTE LTD 24.67 4%
ASIA PACIF 15.42 2% DOW CHEMICAL
M/S. EXXONMOBIL INTERNATIONAL PVT LTD 16.11 2%
CHEMICAL ASIA PACIF 13.33 2% PT NIPPON SHOKUBAI
INDONESIA 12.58 2%
BOROUGE PTE LTD 12.71 2%
SCG PERFORMANCE BASF HONG KONG LTD 10.77 2%
CHEMICALS CO LTD 10.77 2% Others (Below 2% Share) 3077
Others (Below 2% Share) 645 Exporter 575.97 82%
Exporters 282.49 41%
Grand Total 695.24 100% Grand Total 698.20 100%
31
POLY ETHER A LCOHOLS: POLY ETHER (OTHERS):
USD % %
Exporter Name Exporter Name USD Mil
Mil Share Share
SHELL EASTERN TOYOTA TSUSHO THAILAND CO LTD 37.76 5%
CHEMICALS S 131.59 18% SABIC INNOVATIVE PLASTICS US
M S DOW CHEMICAL LLC. 25.55 4%
PACIFIC SINGAPORE 87.38 12%
M/S. DOW CHEMICAL COVESTRO HONG KONG LIMITED 23.01 3%
PACIFIC(SINGAPORE 66.15 9% SHELL EASTERN CHEMICALS S 21.91 3%
SHELL EASTERN
BASF COMPANY LTD 21.85 3%
CHEMICALS (S) 64.30 9%
HYOSUNG DONG NAI CO TOYOTA TSUSHO THAILAND CO LTD 20.42 3%
LTD 56.69 8% PURE CHEMICALS PTE LTD 19.02 3%
GANTRADE
CORPORATION 55.08 8% PURE CHEMICALS PTE LTD 13.63 2%
WANHUA CHEMICAL SINGAPORE
DOW EUROPE GMBH 51.76 7%
PTE LT 13.63 2%
HYOSUNG DONG NAI
CO., LTD. 22.16 3% SHPP THAILAND CO LTD 11.99 2%
KPX CHEMICAL CO LTD 15.32 2% BASF COMPANY LTD. 10.50 2%
DOW CHEMICAL
COVESTRO (HONG KONG) LIMITED 10.49 2%
THAILAND LTD 13.23 2%
Other (Below 2% Share) 1469
HAMPSHIRE CHEMICAL
Exporters 467.05 67%
CORPORATION 10.73 2%
Others (Below 2% Share) Grand Total 696.81 100%
309 Exporters 140.09 20%
Grand Total 714.48 100%
32
PUR/PU (POLYURETHANES):
33
NO. OF IMPORTER STATE WISE:
States North East West South Total
MAHARASHTRA 1276 1276
DELHI 707 707
GUJARAT 473 473
TAMIL NADU 394 394
KARNATAKA 270 270 No. Of Importer Zone Wise
WEST BENGAL 239 239 2000 1834
TELANGANA 132 132
1800
UTTAR PRADESH 127 127
1600
HARYANA 96 96
1400
No. Of Importer
RAJASTHAN 73 73
KERALA 48 48 1200 1078
PUNJAB 48 48 1000 870
MADHYA PRADESH 42 42 800
GOA 26 26 600
PONDICHERRY 13 13 400 252
HIMACHAL PRADESH 12 12
200
CHANDIGARH 11 11
0
DADRA & NAGAR North East West South
10 10
HAVELI Total 1078 252 1834 870
ANDHRA PRADESH 9 9
DAMAN & DIU 7 7
BIHAR 2 2
JAMMU & KASHMIR 4 4
ODISHA 6 6
UTTARAKHAND 4 4
CHATTISGARH 3 3
ASSAM 2 2
Total 1078 252 1834 870 4034
Note: 51% Data capture for above analysis as City details were missing in master file
34
HIMACHAL
PRADESH, 12, North ODISHA,
East
1% CHATTISGARH,
CHANDIGARH, 6, 2%
PUNJAB, 3, 1%
11, 1% BIHAR,
48, 4%
2, 1% ASSAM, 2, 1%
JAMMU &
RAJASTHAN, KASHMIR, 4, 0%
73, 7%
HARYANA,
96, 9%
KARNATAKA,
MAHARASHTRA, 270, 31%
1276, 70%
35
PLASTIC COMMODITY MATRIX:
Zone Wise Market Share Major
PEVA-ETHYLENE-
South Korea (38%) Mundra (25%) Relaxo Footwear
VINYL ACETATE 56% 4% 28% 12%
COPOLYMERS
Saudi Arabia (27%) JNPT (24%) (9%)
LLDPE Ultimate Flexipack
27% 1% 43% 29% USA (33%) JNPT (21.7%)
(15%)
αEOP-ETHYLENE
Commodity Plastic
ALPHA OLEFIN
COPOLYMERS & 20% 4% 62% 14% USA (53%) JNPT (44.9%) Mehta Flex (27%)
OTHER
ETHYLENE-OTHERS Polycab (4%)
28% 7% 41% 24% USA (22%) JNPT (34%)
Chemico (4%)
PVC-Suspension Japan (25%) JNPT (36%) Precision Plastic
Grade 22% 2% 56% 21%
China (22%) Mundra (26%) (12%)
PVC-Others (Not
mixed with any Taiwan (21%) JNPT (30.8%)
other substance) 21% 6% 50% 23% Japan (17%) Mundra (18.6%) Responsive (4%)
Thailand (17%) Chennai Sea (15.8%)
PVC-Chlorinated JNPT (34%)
Lubrizol (20%)
8% 0% 71% 21% Thailand (46%) Ahmedabad (17.8%)
Supreme (15%)
Hazira (17%)
PET (Polyester) Chennai Sea (32.5%) Varun Beverages
28% 4% 32% 36% China (34%)
JNPT (27%) (8%)
OTHER 25% 4% 53% 18% China (24%) JNPT (46.8%) Allnex Resins (6%)
PP JNPT (27.3%) Jindal Poly Films
(Polypropylene) 27% 7% 38% 28% Saudi Arabia (30%)
Mundra (21%) (5%)
(Polypropylene
Mitsui (5%)
Copolymers) 42% 4% 36% 18% Singapore (39%) JNPT (30%)
Samsung (4%)
Acrylic Polymers-
Others (In primary Chine (22%)
Unicharm (6%)
Forms) 21% 01% 60% 18% Germany (13%) JNPT (57%)
BASF (5%)
Japan (13%)
Engineering
36
CUMMULATIVE ANNUAL GROWTH RATE:
CAGR-Commodity Plastic
LDPE, 25% PVC Suspension grade, 24%
30%
Other, 15%
20% PEVA-Ethylene-Vinyl-Acetate
PVC-Chlorinated, 10% Copolymers, 6%
0%
-30%
PVC-Others, -29%
-40%
1%
5%
0%
0% -1%
PC-Polycarbonates,
-2%
-1%
-5%
-3% PUR/PU-
Acrylic Polymer- Polyurethanes,
-10% Others, -7% -4%
-3%
37
AVERAGE ORDER VOLUME:
AOV
0.00 0.02 0.04 0.06 0.08 0.10 0.12 0.00 0.02 0.04 0.06 0.08 0.10
AOV AOV
Flexible Packaging has numerous advantages, such as convenience in handling and disposal,
price advantage in transportation, as well as its portability, which has traditionally been limited by rigid
packaging.
Household includes FMCG products such as toiletries and cosmetics, furniture, toys, luggage,
housewares, and other lifestyle-related goods.
Construction would include water pipes, water tanks, roof shelters, sheets, etc.
Others would include sports and leisure, medical, dental care, and industrial machinery (heterogeneous
category)
38
PACKAGING:
The India Packaging Market was valued at USD 50.5 billion in 2019, and it is expected to reach USD 204.81
billion by 2025, registering a CAGR of 26.7% during the period of 2020-2025.
Covid-Hygiene Factor
Cost Effectiveness
Functional features
Ease Of Availability
Increased Shelf Life
Increased distribution Radius
Availability of seasonal products
throughout the year
Strong favourable demographics
Increasing disposable income
Rising consumer awareness
Demand for processed food
Source:https://www.investindia.gov.in/team-india-blogs/indian-
packaging-sector-outlook-industry
Others Sector are Agriculture, Infrastructure, Automotive, Appliance, Medical, personal care, Rigid Packaging,
Industrial components.
AGRICULTURE:
GROWTH DRIVERS
39
INFRASTRUCTURE:
Swach
Bharat
Mission
Plastic
Skill India
Parks
Jal Jeevan
Smart Cities
Mission Estimated Potential
for Plastic 4175 KTA
Clean
Make In
Ganga River
India
Mission
National
Offset
Digital India policy for
Defence
Application
S OURCE: P LASTINDIA
40
POLYMERS RESINS APPLICATION AND STATUS OF RECYCLING:
Polyethylene Water and soft drink bottles, food jar, cooking Very commonly recycled
terephthalate (PET) oil, fruit juice container, oven ready meal
trays
Others Miscellaneous
Food packaging, electronic goods, and Typically, not recycled
category and includes
defence gadgets; fishing nets, clothing, ropes
Thermoset plastics
(PC, Nylon, ABS etc.)
41
SUMMARY:
Parameters Importer Supplier POD/Logistic CAGR AOV Homogeneity WCD Application
HDPE/LLDPE High High Low Low Medium High Medium Medium
LDPE High High Low High Medium High Medium High
PE (Specific Gravity <0.94) High High Low Low Medium High High High
PE (Specific Gravity >0.94) High High Low Low High High Medium High
PEVA-ETHYLENE-VINYL ACETATE Low Medium
High High Medium High High Medium
COPOLYMERS
LLDPE Low Low Low High Medium High Low High
αEOP-ETHYLENE ALPHA OLEFIN Low
Medium Medium High Medium High Low Medium
COPOLYMERS & OTHER
ETHYLENE-OTHERS High High Low Medium Medium High Medium High
PVC-Suspension Grade High High Low High High High Low High
PVC-Others (Not mixed with any Low
High High Low High High High Medium
other substance)
PVC-Chlorinated Low Low Low High High High Low Low
PP (Polypropylene) High High Low Medium Medium High Medium High
(Polypropylene Copolymers) Medium High Low Medium Medium High Low Medium
PET (Polyester) Medium High Low Low Medium High Low High
OTHER High High Low High Low High Low High
Acrylic Polymers-Others (In Low
High High Low Low High Medium Medium
primary Forms)
Ether Alcohols (Poly) Low Medium Low High High High Low Low
Polyether (Others) High High Low High Medium High Low Low
PC-Polycarbonates High High Low Low Medium High High Medium
PAPI (POLY (METHYLENE PHENYL Low Low
Low Medium Medium High High Medium
ISOCYANATE))
PUR/PU (POLYURETHANES) High High Low Low Low High Low High
Commodity Plastic >$ 0.07 Mil High
>500 High >500 High ≥ 9% High $0.04-$0.07 Mil >75 High
Sea Worthy Packaging is
Engineering 250-500 Medium 250-500 Medium
required
1%-9% Medium Medium Depends on Grade 45-75 Medium Primary Research
Below 250 Low Below 250 Low Below 1% Low Below $0.04 Mil Below 45 Low
Thermosets Low
Note: 1) WCD stands for working capital days
2) POD: Port of Destination
3) AOV: Average Order Volume
42
RECOMMENDATION:
On the basis of above analysis, we have selected below product line for further consideration.
JNPT, Mundra & Chennai port should be approached first, cumulative it accounts for 61% market
share.
To start with PVC and LDPE is highly recommended, considering the market outlook.
o PVC (Flexible Packaging): a) Medical field (Blood & Urine Bags)
b) Goods Packaging-Shrink Wrapping
PVC (Rigid Packaging): PVC Pipes, Windows etc.-Construction Sector
o LDPE & LLDPE: In Grocery & Disposal Bags application consumption of polymer will increase,
central government has banned below 50-micron thickness bags (Objective to improve the
collection & recycling of used bags), and increase the thickness up to 120 microns.
PP (BOPP), LDPE & PET: a) Covid Effect-Hygiene Factor will demand for packaging
b) Favourable Demographics-Fast Food, FMCG & Consumer Durable
processing Industry.
43
MAJOR PLASTIC ASSOCIATION IN INDIA:
https://www.gspma.in/
https://www.plexconcil.org/ https://www.cipet.gov.in/ https://cpmaindia.com/
https://pmmai.org/
44
ABBREVIATIONS:
45