India Expanded Polypropylene Market Research Report: By Application (Automobile, Packaging, Consumer Goods, Others)- Forecast to 2035

India Expanded Polypropylene Market Overview:

The India Expanded Polypropylene Market Size was estimated at 66 (USD Million) in 2023. The India Expanded Polypropylene Market is expected to grow from 85.2(USD Million) in 2024 to 492 (USD Million) by 2035. The India Expanded Polypropylene Market CAGR (growth rate) is expected to be around 17.282% during the forecast period (2025 - 2035).

Key India Expanded Polypropylene Market Trends Highlighted

Due to a number of important market factors, the expanded polypropylene market in India is expanding significantly. The market is expanding due to the growing need for lightweight materials in a variety of sectors, including consumer goods, packaging, and the automotive industry.

Expanded polypropylene is particularly widely used in the automobile industry, as producers aim to lower emissions and improve fuel economy by integrating lightweight materials into vehicle designs. The demand for expanded polypropylene, which is well-known for its superior cushioning qualities, has also been boosted by the growth of e-commerce and the requirement for protective packaging solutions.

There are many opportunities to investigate the Indian market, particularly as the nation transitions to more sustainable options. Expanded polypropylene is a good option for many companies trying to improve their sustainability practices because of rising environmental awareness and more government programs encouraging the use of recyclable materials.

Supporting Indian manufacturing through initiatives like "Make in India" promotes domestic production of expanded polypropylene, which lessens reliance on imports and promotes industry innovation. The market is moving more and more toward product offers that are innovative and customized, according to recent trends.

Businesses are concentrating on creating new expanded polypropylene grades and formulations to satisfy unique consumer demands, especially in industries like electronics and healthcare. The goal of India's growing R&D expenditures is to enhance expanded polypropylene's qualities, including its fire and heat resistance so that it can be used in more applications.

In general, the expanded polypropylene market in India is being shaped by a confluence of changing customer demands, government assistance, and technological improvements.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

India Expanded Polypropylene Market Drivers

Rising Demand for Lightweight Materials in the Automotive Industry

The automotive industry in India is rapidly growing, with the Ministry of Heavy Industries and Public Enterprises reporting a 29% increase in automobile production in the past five years. This surge has led to a rising demand for lightweight materials like expanded polypropylene (EPP), which contributes to fuel efficiency and reduced emissions.

Major automotive manufacturers such as Tata Motors and Mahindra & Mahindra are increasingly integrating lightweight materials into their designs to comply with stringent environmental regulations.

Lightweight solutions like EPP help optimize vehicle performance while meeting government norms for carbon emissions, thereby further driving the India Expanded Polypropylene Market. The push for electric vehicles in India, supported by subsidies and initiatives from the government, is also expected to amplify this demand, showcasing the importance of EPP in future automotive applications.

Growing Applications in Packaging

The packaging sector in India is undergoing significant transformation, driven by an increasing consumer preference for sustainable and lightweight packaging solutions. According to the Indian Plastic Federation, the demand for biodegradable and eco-friendly packaging is expected to grow by approximately 20% annually.

Expanded polypropylene is recognized for being recyclable and providing excellent thermal insulation, making it an ideal choice for the food and beverage sector.

Companies like Hindalco Industries have reported a shift towards using EPP for food packaging applications, as they strive to meet consumer expectations and environmental standards set by the Food Safety and Standards Authority of India. This trend is a crucial driver for the India Expanded Polypropylene Market, as more industries adopt EPP for their packaging needs.

Rapid Growth in the Construction Sector

India's construction sector is witnessing robust growth, projected to expand at a rate of over 7% per year, according to the Ministry of Housing and Urban Affairs. The increasing urbanization in cities has led to a surge in demand for building materials that are both lightweight and durable.

Expanded polypropylene, known for its excellent insulation properties and impact resistance, is gaining traction in applications such as insulation panels, void formers, and lightweight blockwork.

Major construction firms like Larsen & Toubro are incorporating innovative materials like EPP in their projects to reduce costs and enhance performance. The demand for sustainable construction materials aligns well with the growth of the India Expanded Polypropylene Market, as it supports energy-efficient building designs.

Increased Focus on Healthcare Applications

The healthcare sector in India is poised for substantial growth, projected to reach a value of USD 372 billion by 2022, according to the Indian Brand Equity Foundation. Within this sector, expanded polypropylene is emerging as a material of choice for medical devices and packaging due to its excellent cushioning properties and biocompatibility.

The growing prevalence of health-conscious consumers is driving innovations in medical equipment and supplies, with leading healthcare companies such as Cipla utilizing EPP for the safe transportation of delicate medical devices. The critical need for quality in healthcare products underlines the importance of materials like EPP, positioning it as an essential driver for the India Expanded Polypropylene Market.

India Expanded Polypropylene Market Segment Insights:

Expanded Polypropylene Market Application Insights

The Application segment of the India Expanded Polypropylene Market serves a vital role in shaping the industry landscape, with key areas including Automobile, Packaging, Consumer Goods, and others. The rising awareness regarding lightweight materials in the automobile sector is propelling the demand for expanded polypropylene due to its superior strength-to-weight ratio.

This characteristic makes it an ideal choice for automotive components, contributing to energy efficiency and performance improvement in vehicles, aligning with India's increasing environmental regulations.

In the Packaging sector, expanded polypropylene is gaining traction due to its durability and recyclability, addressing the growing need for sustainable packaging solutions in line with India's commitment to reducing plastic waste.

This segment plays a crucial role in food safety and product integrity, where the demand for protective packaging is on the rise owing to the booming e-commerce and online food delivery industries.

Consumer Goods also leverages expanded polypropylene for its lightweight, flexible, and resilient properties, making it a popular choice for household items and appliances. The ongoing growth in the consumer market, particularly with a surge in online purchasing behaviors, indicates a significant demand for packaging solutions that provide both protection and aesthetic appeal.

The other application areas demonstrate versatility and innovation, with expanded polypropylene being utilized in construction materials, healthcare, and various industrial applications. The continuous evolution of these applications is creating opportunities driven by advancements in technology and shifts towards sustainable practices.

As the awareness around the benefits of expanded polypropylene spreads, the Application segment is positioned for considerable growth, reflecting the overall trends in the India Expanded Polypropylene Market dynamics.

The increasing focus on R&D in material science is expected to unveil new uses and expand the market potential further, reinforcing the significance of each application in driving market growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

India Expanded Polypropylene Market Key Players and Competitive Insights:

The India Expanded Polypropylene Market showcases a dynamic environment characterized by a blend of established players and emerging companies. The growing demand for lightweight and high-performance materials across various industries, including automotive, packaging, and consumer goods, has significantly influenced market dynamics.

The competitive landscape is shaped by innovative product development, strategic partnerships, and investments in expanding production capacities. Companies are focusing on enhancing their technological capabilities and sustainability practices to gain a competitive edge and cater to the evolving market needs.

Moreover, with increasing urbanization and industrialization in India, the demand for expanded polypropylene is anticipated to rise, prompting players to optimize their operational efficiencies and supply chain management to meet the burgeoning market requirements.

Kraton Corporation stands as a noteworthy entity in the India Expanded Polypropylene Market, characterized by its strong presence and robust product portfolio. The company's strengths lie in its advanced material science capabilities, enabling it to develop high-quality and customizable polypropylene solutions that meet specific customer needs.

Kraton Corporation focuses heavily on innovation, conducting extensive research and development to introduce new products that enhance performance and sustainability. Its commitment to sustainable practices helps in attracting environmentally conscious customers, thereby solidifying its position in the market.

The company's strategic initiatives in expanding local manufacturing capabilities further contribute to its competitive strength, allowing it to respond quickly to regional demands and maintain a strong market presence in India.

Krishna Polymers has established itself as a prominent player in the India Expanded Polypropylene Market, renowned for its comprehensive range of products and services. The company’s strengths include its focus on high-quality polypropylene materials and the ability to cater to diverse applications across various sectors.

Krishna Polymers emphasizes customer satisfaction by offering tailored solutions and exceptional service, which has helped in building a loyal customer base in the region. Furthermore, the company's proactive approach to mergers and acquisitions allows for enhanced market presence and operational growth by exploring new technologies and products.

With ongoing investments in production technology and a commitment to sustainable practices, Krishna Polymers is well-positioned to leverage market opportunities and continue its trajectory of growth in the Indian expanded polypropylene landscape.

Key Companies in the India Expanded Polypropylene Market Include:

• Kraton Corporation


• Krishna Polymers


• RTP Company


• LG Chem


• Srichakra Polyplast


• TotalEnergies


• SABIC


• Mitsubishi Chemical


• BASF


• Formosa Plastics


• Mitsui Chemicals


• Reliance Industries


• Amcor


• LyondellBasell Industries


• DOW Chemical

India Expanded Polypropylene Market Developments

The India Expanded Polypropylene market has seen several recent developments and noteworthy trends. In June 2023, Reliance Industries announced plans to invest significantly in expanding their polypropylene production capacity, aiming to cater to the growing demand across various sectors, including automotive and packaging.

Similarly, BASF has been focused on enhancing its supply chain capabilities to meet the rising needs of the Indian market. The current market is experiencing robust growth, with an upsurge in applications ranging from consumer goods to construction, largely driven by the increasing preference for lightweight materials.

Companies like TotalEnergies and LG Chem are also actively exploring partnerships to enhance their product offerings in India, reflecting a competitive landscape. In terms of mergers and acquisitions, a notable event was the acquisition of assets by SABIC in August 2022 to bolster its presence in the Indian market, expanding its ability to supply polypropylene products.

Overall, this evolving sector showcases a commitment from major players such as Amcor and DOW Chemical to innovate and adapt to the changing landscape, further indicating a positive trajectory for the India Expanded Polypropylene market.

India Expanded Polypropylene Market Segmentation Insights

Expanded Polypropylene Market Application Outlook

• Automobile


• Packaging


• Consumer Goods


• Others

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	66.0(USD Million)
MARKET SIZE 2024	85.2(USD Million)
MARKET SIZE 2035	492.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	17.282% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Kraton Corporation, Krishna Polymers, RTP Company, LG Chem, Srichakra Polyplast, TotalEnergies, SABIC, Mitsubishi Chemical, BASF, Formosa Plastics, Mitsui Chemicals, Reliance Industries, Amcor, LyondellBasell Industries, DOW Chemical
SEGMENTS COVERED	Application
KEY MARKET OPPORTUNITIES	Growing automotive sector demand, Increasing use in packaging, Rising applications in construction, Expanding electronics industry utilization, Eco-friendly material trends
KEY MARKET DYNAMICS	growing automotive production, increasing demand for packaging, rising consumer goods sector, eco-friendly material adoption, technological advancements in manufacturing
COUNTRIES COVERED	India