Polymer market of India
Client background
One of the leading petrochemicals companies in Russia, having a worldwide presence.
Activity background
- To understand the business ecosystem of Polymers (Polypropylene & Polyethylene) in India.
- To analyse the market forces (demand and supply ecosystem) of the Indian Polymer market, to develop insights about market trends, pricing structure, and local opportunities.
- To identify key players (both local producers and potential buyers of client’s products) across the ecosystem.
Activities performed
- Market analysis was done including local production, regional demand, international trade, customs duty and taxes.
- Product Demand Analysis and forecasting were done for different grades of polymers as needed by the client.
- Pricing Analysis was performed where domestic and imported prices per PP and PE type were identified to perform data forecasting for the next 10 years
- Competitive Analysis was done which included the leading producers of PP and PE in India
Output delivered
- Market research segmented on the basis of product category, and geography was performed, covering the aforementioned research parameters, to provide a better understanding to the client about the target market.
- A separate report containing information regarding research methodology was submitted which included raw data collected via primary and secondary sources, analysis and forecasting; and charts & graphs for PP and PE’s local production, regional demand, EXIM trend and prices.
Client benefits
The client developed a better understanding of the polymers market in India, along with the feasibility of doing business in the target regions to make an appropriate business expansion strategy.