According to ChemAnalyst report, “India Ethylene Market: Plant Capacity, Production, Operating Efficiency, Technology, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, India’s Ethylene market is anticipated  to grow at a healthy CAGR of 5.45% during the forecast period on account of robust rise in its consumption for producing Polyethylene (PE) which finds key usage in the country’s ever growing packaging sector, backed by government’s leading role in expansion of the country’s petrochemicals sector.Browse Complete Report : India Ethylene Price Polyethylene production holds about 60% share in India’s overall Ethylene demand.
and many other downstream chemicals.
With government’s keen focus on the country’s urbanization and infrastructure development, the demand for building and construction plastics, another major end-use segment of Ethylene, is set to take a strong leap in the near future.During Q4 2020, the Indian chemical and petrochemical industry witnessed an unprecedented demand downfall due to coronavirus related restrictions which disrupted logistics and industrial operations across the nation.
Several Ethylene producers like state-owned Indian Oil Corporation and private-sector Haldia Petrochemicals also shut their crackers in Panipat, Paradip and Haldia due to strict lockdowns imposed in the month of March and April.
Also, Ethylene players are evaluating opportunities within the crisis such as importing cheap crude oil and diversifying their petrochemical portfolio, sensing market optimism due to government’s keen focus on its Make in India Scheme.
According to ChemAnalyst report, “India Ethylene Oxide Market: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the domestic players operating in India Ethylene market are Reliance Industries Limited, Indian Oil Corporation Limited, GAIL (India) Limited, ONGC Petro Additions Limited, Haldia Petrochemicals Limited.
