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India Expanded Polypropylene Market

ID: MRFR/CnM/46543-HCR
111 Pages
Chitranshi Jaiswal
October 2025

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

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India Expanded Polypropylene Market Summary

As per Market Research Future analysis, the expanded polypropylene market Size was estimated at 72.6 USD Million in 2024. The expanded polypropylene market is projected to grow from 78.83 USD Million in 2025 to 179.5 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.5% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The India expanded polypropylene market is poised for growth driven by sustainability and technological advancements.

  • Sustainability initiatives are increasingly shaping the direction of the expanded polypropylene market in India.
  • The automotive sector emerges as the largest segment, while the packaging applications segment is recognized as the fastest-growing.
  • Technological advancements are facilitating innovative applications, particularly in consumer electronics and construction.
  • Rising demand in the automotive sector and regulatory support for sustainable materials are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 72.6 (USD Million)
2035 Market Size 179.5 (USD Million)
CAGR (2025 - 2035) 8.58%

Major Players

BASF SE (DE), Mitsubishi Chemical Corporation (JP), Sonoco Products Company (US), SABIC (SA), Kaneka Corporation (JP), TotalEnergies SE (FR), JSP Corporation (JP), Sealed Air Corporation (US)

India Expanded Polypropylene Market Trends

The expanded polypropylene market is currently experiencing notable growth, driven by increasing demand across various sectors such as automotive, packaging, and consumer goods. This material is favored for its lightweight properties, excellent cushioning, and recyclability, making it an attractive choice for manufacturers aiming to enhance product performance while adhering to sustainability goals. The automotive industry, in particular, is leveraging expanded polypropylene for interior components, contributing to weight reduction and improved fuel efficiency. Additionally, the packaging sector is adopting this material for its protective qualities, which help in reducing damage during transportation and storage. As of November 2025, the market dynamics appear to be influenced by several factors, including technological advancements in production processes and a growing emphasis on eco-friendly materials. The regulatory landscape is also evolving, with policies promoting the use of recyclable materials, which could further bolster the demand for expanded polypropylene. Furthermore, the rise of e-commerce is likely to drive the need for efficient packaging solutions, thereby enhancing the market's growth potential. Overall, the expanded polypropylene market seems poised for continued expansion, reflecting broader trends in sustainability and innovation within the manufacturing sector.

Sustainability Initiatives

There is a growing emphasis on sustainability within the expanded polypropylene market, as manufacturers increasingly seek eco-friendly materials. This trend is driven by regulatory pressures and consumer preferences for recyclable products. Companies are exploring innovative ways to enhance the recyclability of expanded polypropylene, aligning with global sustainability goals.

Technological Advancements

Technological innovations in production techniques are shaping the expanded polypropylene market. Enhanced manufacturing processes are leading to improved material properties, such as increased durability and reduced weight. These advancements are enabling manufacturers to create more efficient and high-performance products, catering to diverse industry needs.

E-commerce Growth

The rise of e-commerce is significantly impacting the expanded polypropylene market. As online shopping continues to expand, the demand for effective packaging solutions is increasing. Expanded polypropylene's protective qualities make it an ideal choice for shipping products safely, thus driving its adoption in the packaging sector.

Market Segment Insights

By Application: Packaging (Largest) vs. Automobile (Fastest-Growing)

In the India expanded polypropylene market, the application segment reveals a diverse distribution with Packaging leading the way, capturing a significant market share. Following closely are the Automobile and Consumer Goods segments, which also contribute substantially to the overall application landscape. The demand for expanded polypropylene across these sectors underscores the versatile nature of the material, appealing to a variety of uses ranging from lightweight containers to automotive components. Growth trends indicate that the Automobile segment is emerging as the fastest-growing area due to rising automotive production and a shift towards lightweight materials for fuel efficiency. Additionally, environmental concerns and regulatory mandates are pushing the packaging segment to evolve, leading to innovations in sustainable packaging solutions that favor expanded polypropylene due to its recyclable properties and cost-effectiveness.

Packaging (Dominant) vs. Consumer Goods (Emerging)

The Packaging segment stands as the dominant application in the India expanded polypropylene market, driven by its extensive usage in food packaging, consumer products, and industrial applications. Its lightweight, moisture-resistant, and recyclable properties make it a preferred material for manufacturers aiming to enhance sustainability and reduce transportation costs. On the other hand, the Consumer Goods segment represents an emerging market, propelled by changing consumer preferences and the growth of e-commerce. The demand for durable and aesthetically appealing packaging in this segment is rising, fostering innovation in design and functionality, thereby positioning it as a key area for future growth within the expanded polypropylene domain.

Get more detailed insights about India Expanded Polypropylene Market

Key Players and Competitive Insights

The expanded polypropylene market in India is characterized by a dynamic competitive landscape, driven by increasing demand across various sectors such as automotive, packaging, and consumer goods. Key players are actively engaging in strategies that emphasize innovation, sustainability, and regional expansion. For instance, BASF SE (Germany) has been focusing on enhancing its product portfolio through sustainable solutions, while Mitsubishi Chemical Corporation (Japan) is investing in advanced manufacturing technologies to improve efficiency and reduce environmental impact. These strategic initiatives not only bolster their market positions but also contribute to a more competitive environment, as companies strive to differentiate themselves through unique offerings and operational excellence.In terms of business tactics, localizing manufacturing and optimizing supply chains appear to be pivotal for success in this market. The competitive structure is moderately fragmented, with several players vying for market share. However, the influence of major companies like Sonoco Products Company (US) and SABIC (Saudi Arabia) is substantial, as they leverage their extensive networks and resources to enhance their operational capabilities. This collective presence of key players fosters a competitive atmosphere where innovation and efficiency are paramount.

In October Sonoco Products Company (US) announced the launch of a new line of eco-friendly expanded polypropylene products aimed at the packaging sector. This strategic move underscores the company's commitment to sustainability and positions it favorably in a market increasingly driven by environmental considerations. By aligning its product offerings with consumer preferences for sustainable materials, Sonoco is likely to enhance its competitive edge and attract a broader customer base.

In September SABIC (Saudi Arabia) unveiled a partnership with a leading automotive manufacturer to develop lightweight expanded polypropylene components for electric vehicles. This collaboration not only highlights SABIC's focus on innovation but also reflects the growing trend towards lightweight materials in the automotive industry. Such strategic alliances are crucial as they enable companies to tap into new markets and enhance their technological capabilities, thereby strengthening their market position.

In August JSP Corporation (Japan) expanded its production capacity in India to meet the rising demand for expanded polypropylene in the automotive and packaging sectors. This expansion is indicative of JSP's proactive approach to capitalize on market growth opportunities. By increasing its manufacturing capabilities, JSP is likely to improve its supply chain efficiency and responsiveness, which are critical factors in maintaining competitiveness in a rapidly evolving market.

As of November current competitive trends in the expanded polypropylene market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are playing a significant role in shaping the landscape, as companies collaborate to enhance their innovation capabilities and market reach. Looking ahead, it is anticipated that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking strategies in navigating the complexities of the market.

Key Companies in the India Expanded Polypropylene Market include

Industry 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.

Future Outlook

India Expanded Polypropylene Market Future Outlook

The expanded polypropylene market in India is projected to grow at an 8.58% CAGR from 2024 to 2035, driven by increasing demand in automotive, packaging, and consumer goods sectors.

New opportunities lie in:

  • Development of biodegradable expanded polypropylene alternatives
  • Expansion of manufacturing facilities in tier-2 cities
  • Investment in R&D for enhanced thermal insulation properties

By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in innovative applications.

Market Segmentation

India Expanded Polypropylene Market Application Outlook

  • Automobile
  • Packaging
  • Consumer Goods
  • Others

Report Scope

MARKET SIZE 202472.6(USD Million)
MARKET SIZE 202578.83(USD Million)
MARKET SIZE 2035179.5(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.58% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["BASF SE (DE)", "Mitsubishi Chemical Corporation (JP)", "Sonoco Products Company (US)", "SABIC (SA)", "Kaneka Corporation (JP)", "TotalEnergies SE (FR)", "JSP Corporation (JP)", "Sealed Air Corporation (US)"]
Segments CoveredApplication
Key Market OpportunitiesGrowing demand for lightweight packaging solutions drives innovation in the expanded polypropylene market.
Key Market DynamicsRising demand for lightweight packaging solutions drives innovation in the expanded polypropylene market.
Countries CoveredIndia
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FAQs

What is the expected market size of the India Expanded Polypropylene Market in 2024?

The India Expanded Polypropylene Market is expected to be valued at 85.2 million USD in 2024.

What will the market value of the India Expanded Polypropylene Market be in 2035?

In 2035, the overall market is projected to reach a value of 492.0 million USD.

What is the expected compound annual growth rate (CAGR) for the India Expanded Polypropylene Market from 2025 to 2035?

The expected CAGR for the India Expanded Polypropylene Market from 2025 to 2035 is 17.282%.

Which application segment holds the highest market share within the India Expanded Polypropylene Market?

The automobile application segment is anticipated to hold the highest market share, valued at 30.0 million USD in 2024.

What will be the market size for the packaging application of the India Expanded Polypropylene Market in 2035?

The market size for the packaging application is expected to be 145.0 million USD by 2035.

Who are the key players in the India Expanded Polypropylene Market?

Major players in the market include Kraton Corporation, LG Chem, and BASF among others.

What is the projected market size for the consumer goods application in 2024?

The projected market size for the consumer goods application is 18.0 million USD in 2024.

How much is the 'others' application segment expected to grow by 2035?

The 'others' application segment is expected to grow to 72.0 million USD by 2035.

What is one of the emerging trends in the India Expanded Polypropylene Market?

A significant emerging trend is the increasing utilization of expanded polypropylene in the automotive industry.

What challenges might impact the growth of the India Expanded Polypropylene Market?

Challenges include fluctuations in raw material costs and regulatory compliance in manufacturing processes.

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