This bioplastic research report analyzes the Indian bioplastic market. It finds that the total Indian bioplastic market revenue was 0.2 billion USD in 2021 and is expected to rise to 0.26 billion USD in 2022, representing a 10.2% year-over-year demand increase. Potential market share acquisition for new entrants is estimated to be between 9-11%. The top industries for bioplastic are electronics, furniture, textile, agriculture/horticulture, and consumer goods. Major players in the Indian bioplastic market are located in Delhi, Chennai, and Maharashtra.
This bioplastic research report analyzes the Indian bioplastic market. It finds that the total Indian bioplastic market revenue was 0.2 billion USD in 2021 and is expected to rise to 0.26 billion USD in 2022, representing a 10.2% year-over-year demand increase. Potential market share acquisition for new entrants is estimated to be between 9-11%. The top industries for bioplastic are electronics, furniture, textile, agriculture/horticulture, and consumer goods. Major players in the Indian bioplastic market are located in Delhi, Chennai, and Maharashtra.
This bioplastic research report analyzes the Indian bioplastic market. It finds that the total Indian bioplastic market revenue was 0.2 billion USD in 2021 and is expected to rise to 0.26 billion USD in 2022, representing a 10.2% year-over-year demand increase. Potential market share acquisition for new entrants is estimated to be between 9-11%. The top industries for bioplastic are electronics, furniture, textile, agriculture/horticulture, and consumer goods. Major players in the Indian bioplastic market are located in Delhi, Chennai, and Maharashtra.
Prepared by Wood Fontana Potential Market Share Acquisition • Total Revenue of India Market – 0.2Bn USD 2021 • Total Revenue of India Market – 0.26Bn USD 2022 • YoY Demand Rise – 10.2% • YoY Growth Aggregate (5 Yrs) – 12.9% • YoY Growth – 14.7% • Market Growth (Business Side) – 10.5% • Market Consumption YoY – 12.7% • Market Consumption Aggregate (5 Yrs) – 7.2% • Total Indian Bioplastic Manufacturer – 5 Nos • In-state Bioplastic Manufacturer – 1 Nos
#Potential market share acquisition would be between 9-11%.
Industry Ranking Bioplastic – Ziplock 0r Raw Form
• Electronics – 8.4% CAGR
• Furniture – 4.7% CAGR • Textile – 1.9% CAGR • Agriculture & Horticulture – 5.4% • Consumer Goods – 4.1% • Other Industry - 2.3% CAGR Key Major Player
• DCC INFRA PRIVATE LIMITED – DCC Infra Group: Delhi, NCR
• ANDRITZ Separation - ANDRITZ Group: Chennai, TN • Oilgae: Chennai, TN • Bioplastics International: New Delhi, NCR • TGP Bioplastic Pvt Ltd: Satara, MH CRITICAL LOCATION • New Delhi – Connecting Northern Belt: 63% of Business & Demand • Chennai – Connecting Southern Belt: 10% of Business & Demand
• New Delhi – Connecting Eastern Belt: 19% of Business &
Demand
• Guj/Mah – Connecting Westeren Belt: 08% of Business &
Demand
• Guj & Mah suppose to play critical part due to friendly
industrial environment for manufacturers in long run KEY DEVELOPMENT • January 2022 - Vikas Ecotech Limited announced that there would be an investment in environmentally friendly BioPlastics (PHA) technology and closed the finalization of a technical tie-up/joint venture with Aurapha Private Ltd. (the "AuraPHA"). • September 2021 - Hi-Tech International, which produced the plant-based biopolymer – Successfully launched Dr. Bio, Well knowned brand in Northern belt THANK. YOU.