Blog
India’s polymer industry is ramping up for serious growth opportunities. Indeed, with a strong domestic market and global demand on the rise, it would be quite insightful for you to get a feel for how things are going to shape up.
The American Dream: A Major Market for Indian Polymers
With a huge consumer base and an established manufacturing sector; USA is poised to have the greatest demand for Polymers over the next 2 years.
Indian manufacturers and traders can get success in the market if they were to focus on niche products, like high-performance polymers that cater to very specific needs
China's Rise: A Hungry Giant for Indian Polymers
With a fast growing middle class that is growing so fast in a country investing heavily in infrastructure, the demand for polymers is also predicted to increase drastically.
Though China produces a lot of goods, due to the specialization of polymers they still depend on several imports of huge quantities of the essential raw material. This indeed opens up a befitting golden opportunity for the Indian exporter.
This would indeed be a win-win situation for all three, provided they establish solid contacts with the Chinese manufacturers and understand what exactly is required of them.
Germany & Netherlands: Inroads towards Sustainable Solutions
Germany and the Netherlands, the two countries really setting an example in sustainability. Because of their eco-friendly initiatives, they are slowly turning to sustainable means of producing the polymer.
This is a very good opportunity for the Indian exporters who can provide bio-based polymers, recycled alternatives, as well as other environmentally friendly options.
If Indian manufacturers can genuinely say they have embraced the call towards sustainability, they might just find themselves at an advantage in these markets.
Growth Sectors Fueling Export Demand
Automotives
The global automotive industry is redesigning itself. It is also in dire need of light weight materials, fuel-efficient cars, and electrical vehicles. Indian manufacturers can fill this gap by developing specialty polymers for automobile parts and contributing to making those new greener vehicles.
Packaging: Along with the increase in demand for food, consumer goods, and pharmaceuticals continuously, safe and efficient packaging is also being increasingly required. This drive towards sustainability could attract Indian manufacturers to produce quality, recyclable, and biodegradable packaging solutions.
Infrastructure Development: Growing urbanization is seeing the rise of infrastructure projects. This means that there will be a raft of demand for several polymers that go into the making of various construction and building materials. Indian exporters could really make a mark by supplying for roads, bridges, water systems, and other essential projects.
