India Propylene Market Assessment, By Derivatives [Polypropylene (Homopolymer, Copolymer), Acrylonitrile, Propylene Oxid, Isopropanol, Acrylic acid and Acrylates, Others], By End-User [Automotive, Packaging, Construction, Textile, Others], By Purity [4.0 (99.9%), Polymer (99.5%), CP (99.0%)], By Production Process [Steam Crackers, Refineries, On-Purpose Technologies], By Region, Opportunities, and Forecast, FY2017-2031F

The India Propylene Market size was valued at 6.19 million tons in FY2023 and is estimated to reach 9.85 million tons by FY2031.

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The India Propylene Market size was valued at 6.19 million tons in FY2023 and is estimated to reach 9.85 million tons by FY2031. The market is growing at a CAGR of 5.95% for the forecast period between FY 2024 and FY 2031, owing to increasing usage in the manufacturing of industrial coatings, hot melt adhesives, plastic & rubber processing aids, body care products, metal casting, medicines, and electrical insulations.

Additionally, almost two-thirds of propylene is utilized to make polypropylene, a plastic resin used to manufacture clothes, plastic squeeze bottles, outdoor furniture, etc. Similarly, automotive components, boats, furniture, appliances, and solvents are also made from propylene oxide, thereby increasing the demand for propylene.

India is witnessing massive inflow of investments for establishing of new polypropylene plant owing to high global demand. India is already in top 5 largest propylene manufacturers and exporters as well and with the new investments and projects, India is set to become 2nd largest manufacturer globally by the end of FY 2028. Some of the biggest projects include Reliance Industries (RIL), an India based chemical and petrochemical conglomerate is developing a complete crude to chemicals refinery in Jamnagar, where propylene will be manufactured. The project will cost USD 8.7 billion and construction will be completed by 2027.

Automotive Sector Has Gained the Maximum Share

India propylene market is anticipated to gain momentum from the automotive sector; used to manufacture battery cases and trays, bumpers, interior trim, instrument panels, fender liners, door trims, and other crucial parts of automobiles. Therefore, the rise in the mass manufacture of vehicles leads to growth of the India propylene market.

In India, new automotive sales have increased by 24% in 2022 compared to 2021 reaching 54.56 million vehicles produced. High automotive production directly reflects to higher demand of propylene in the country. Also, as more vehicles are on road, higher demand for the material will be generated. Ind India, one accident is witnessed every few seconds which not just damages car but generated demand for replacement impacting polypropylene consumption through aftermarket sales of automotive components.

Safety Issues Limit the Growth of the Market

A key market limitation is the strict safety rules related to the production and shipping of propylene. When exposed to high temperature and pressure, propylene is very flammable, poisonous, and dangerous. The propylene manufacturers are investing in new methods and procedures to reduce the chemical concentrations and harmful levels. The challenging characteristics of propylene raised the operating expenses of both its manufacturers and consumers, reducing the opportunity for investments in the introduction of new products and development into new markets, which in turn had a negative impact on the India propylene market growth.

Moreover, exposure to low levels of propylene in the air results in dizziness, drowsiness, and unconsciousness. Skin contact with liquid propylene causes frostbite, serious damage, or burns. To reduce exposure, workers require access to personal protective equipment and are trained how to use it in occupational contexts where there is a presence of propylene.

Propylene is a colourless, flammable, gaseous hydrocarbon that is derived from petroleum. It is widely used to make resins, fibres, elastomers, as well as a variety of other chemical products. Propylene is a by-product of natural gas and crude oil and is the most utilized petrochemical, after ethylene. Both natural and artificial sources, such as emissions from vegetation, burning of organic matter, incomplete combustion of fossil fuels, and its manufacture and usage, contribute to the atmospheric presence of propylene.

Impact of COVID-19 on India Propylene Market

Rising demand for N95 masks during COVID-19 pandemic and lockdown, the propylene market experienced exponential growth. The India propylene market flourished due to the increasing demand for safe packaging during the pandemic. Many businesses are working on masks that are frequently reusable, thus increasing the need for propylene in the future.

Furthermore, due to the rising cautious behaviours of the population, strong demand for propylene is being driven by the market's continued growth in the packaging industry. With the ease of lockdown and restrictions, the automotive sector, which previously faced hindrances due to the disruption of supply lines, is regaining its growth impact. However, the market's expansion is hampered by the restricted supply of propylene due to inadequate labour and logistical challenges.

Impact of Russia-Ukraine War on India Propylene Market

Due to supply chain interruptions, a rise in commodity prices, and economic sanctions against other countries because of the conflict between these two nations, there has been inflation in propylene prices not just in India but throughout the world. High crude oil prices also impacted its production and transportation, making it more costly.

India Propylene Market: Report Scope

“India Propylene Market Assessment, Opportunities and Forecast, FY2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and assessment of the current situation of the propylene market in India, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities, and forecasts (2023-2031). Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.


Report Attribute


Base Year of the Analysis


Historical Period


Forecast Period


Projected Growth Rate

CAGR of 5.95% between 2023 and 2031

Revenue forecast in FY2031

USD 9.85 million 


Revenue in USD Billion and Volume in Tons

Segments Covered

Derivatives, Purity, Production Process, End-User

Regions Covered

North, West and Centre, East and South

Key Companies Profiled

BASF SE, LyondellBasell Industries N.V., Saudi Basic Industries Corporation, Exxon Mobil Corporation, INEOS Capital Limited, Linde PLC, Evonik, DuPont, Shell Plc., Reliance Industries Limited

Customization Scope

15% free report customization with purchase

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs

Delivery Format

PDF and Excel through email (subject to the license purchased)


In this report, India Propylene Market has been segmented into the following categories: 

1.       India Propylene Market, By Derivatives

1.1.   Polypropylene



1.2.   Acrylonitrile

1.3.   Propylene Oxide

1.4.   Isopropanol

1.5.   Acrylic acid and Acrylates

1.6.   Others

2.       India Propylene Market, By Purity

2.1.   4.0 (99.9%)

2.2.   Polymer (99.5%)

2.3.   CP (99.0%)

3.       ‘India Propylene Market, By Production Process

3.1.   Steam Crackers

3.2.   Refineries

3.3.   On-Purpose Technologies

4.       India Propylene Market, By End-User

4.1.   Automotive

4.2.   Packaging

4.3.   Construction

4.4.   Textile

4.5.   Others

5.       India Propylene Market, By Region

5.1.   North

5.2.   East

5.3.   West & Central

5.4.   South

Key Players Landscape and Outlook

Companies continue to dominate the India propylene market by increasing their manufacturing capacity, R&D efforts, and product launches. Different tactics are used, such as strategic partnerships, agreements, mergers, and collaborations.

Market Xcel’s reports answer the following questions:

·         What is the current and future market size of the product/service in question globally or specific to different countries?

·         How are the markets divided into different product/service segments and the market size and growth of each segment?

·         What is the market potential of different product segments and their invest case?

·         How are the markets predicted to develop in the future and what factors will drive or inhibit growth?

·         What is the business environment and regulatory landscape specific to the product/service?

Key Players Operating in India Propylene Market

·         BASF SE

·         LyondellBasell Industries N.V.

·         Saudi Basic Industries Corporation

·         Exxon Mobil Corporation

·         INEOS Capital Limited

·         Linde PLC

·         Evonik

·         DuPont

·         Shell Plc.

·         Reliance Industries Limited

If you can't find what you're searching for or have any custom requirements for India Propylene Wax Market, you may approach our team at

Table of Contents

1.       Research Methodology

2.       Project Scope & Definitions

3.       Impact of COVID-19 on the India Propylene Market

4.       Impact of Russia-Ukraine War on the India Propylene Market

5.       Executive Summary

6.       Voice of Customer

6.1.    Market Awareness and Product Information

6.2.    Brand Awareness and Loyalty

6.3.    Factors Considered in Purchase Decision

6.3.1.Brand Name




6.3.5.Product Specification

6.3.6.Ease of Use

6.3.7.Image Quality

6.3.8.Technical Support

6.4.    Frequency of Purchase

6.5.    Medium of Purchase

7.       India Propylene Market Outlook, FY2017-2031F

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.2.    Market Share & Forecast

7.2.1.By Derivatives              Polypropylene                    Homopolymer                    Copolymer              Acrylonitrile              Propylene Oxide              Isopropanol              Acrylic acid and Acrylates              Others

7.2.2.By End-User              Automotive              Packaging              Construction              Textile              Others

7.2.3.By Purity              4.0 (99.9%)              Polymer (99.5%)              CP (99.0%)

7.2.4.By Production Process              Steam Crackers              Refineries              On-Purpose Technologies

7.2.5.By Region              North              East              West & Central              South

8.       India Propylene Market Mapping, FY2023

8.1.    By Derivatives

8.2.    By End-User

8.3.    By Purity

8.4.    By Production Process

8.5.    By Region

9.       Macro Environment and Industry Structure

9.1.    Supply Demand Analysis

9.2.    Import Export Analysis – Volume and Value

9.3.    Supply/Value Chain Analysis

9.4.    PESTEL Analysis

9.4.1.Political Factors

9.4.2.Economic System

9.4.3.Social Implications

9.4.4.Technological Advancements

9.4.5.Environmental Impacts

9.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)

9.5.    Porter’s Five Forces Analysis

9.5.1.Supplier Power

9.5.2.Buyer Power

9.5.3.Substitution Threat

9.5.4.Threat from New Entrant

9.5.5.Competitive Rivalry

10.   Market Dynamics

10.1.                     Growth Drivers

10.2.                     Growth Inhibitors (Challenges, Restraints)

11.   Key Players Landscape

11.1.                     Competition Matrix of Top Five Market Leaders

11.2.                     Market Revenue Analysis of Top Five Market Leaders (in %, FY2023)

11.3.                     Mergers and Acquisitions/Joint Ventures (If Applicable)

11.4.                     SWOT Analysis (For Five Market Players)

11.5.                     Patent Analysis (If Applicable)

12.   Pricing Analysis

13.   Case Studies

14.   Key Players Outlook

14.1.                     BASF SE

14.1.1.    Company Details

14.1.2.    Products & Services

14.1.3.    Financials (as reported)

14.1.4.    Key Market Focus & Geographical Presence

14.1.5.    Recent Developments

14.1.6.    Key Management Personnel

14.2.                     LyondellBasell Industries N.V.

14.3.                     Saudi Basic Industries Corporation

14.4.                     Exxon Mobil Corporation

14.5.                     INEOS Capital Limited

14.6.                     Linde PLC

14.7.                     Evonik

14.8.                     DuPont

14.9.                     Shell Plc.

14.10.                  Reliance Industries Limited

*Companies mentioned above DO NOT hold any order as per market share and can be changed during course of work

15.   Strategic Recommendations

16.   About Us & Disclaimer

List of Figure_India Propylene Market

Figure 1. India Propylene Market, By Value, In USD Billion, FY2017-2031F

Figure 2. India Propylene Market, By Volume, In Tons, FY2017-2031F

Figure 3. India Propylene Market Share, By Derivatives, In USD Billion, FY2017-2031F

Figure 4. India Propylene Market Share, By Derivatives, In Tons, FY2017-2031F

Figure 5. India Propylene Market Share, By End-User, In USD Billion, FY2017-2031F

Figure 6. India Propylene Market Share, By End-User, In Tons, FY2017-2031F

Figure 7. India Propylene Market Share, By Purity, In USD Billion, FY2017-2031F

Figure 8. India Propylene Market Share, By Purity, In Tons, FY2017-2031F

Figure 9. India Propylene Market Share, By Production Process, In USD Billion, FY2017-2031F

Figure 10. India Propylene Market Share, By Production Process, In Tons, FY2017-2031F

Figure 11. India Propylene Market Share, By Region, In USD Billion, FY2017-2031F

Figure 12. India Propylene Market Share, By Region, In Tons, FY2017-2031F

Figure 13. By Derivatives Map-Market Size (USD Billion) & Growth Rate (%), FY2023

Figure 14. By End-User Map-Market Size (USD Billion) & Growth Rate (%), FY2023

Figure 15. By Purity Map-Market Size (USD Billion) & Growth Rate (%), FY2023

Figure 16. By Production Process Map-Market Size (USD Billion) & Growth Rate (%), FY2023

Figure 17. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2023

List of Table_India Propylene Market

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

What is the estimated value and growth rate of India Propylene Market?


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