india to outweigh chinese polyolefin demand growth over the next ten years

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China is the largest polyolefin market in Asia and has seen the strongest growth in terms of demand for the last few years. This special report compares the Chinese and Indian markets and discusses various developments taking place within the petrochemical sector in both countries. To download this exclusive report, see link in the slide deck.

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Page 1: India to outweigh Chinese polyolefin demand growth over the next ten years

© 2014 Platts, McGraw Hill Financial. All rights reserved.

India to outweigh Chinese polyolefin demand growth over the next ten years Platts Special Report October, 2014 By Hetain Mistry, Senior Analyst, Petrochemicals

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Page 2: India to outweigh Chinese polyolefin demand growth over the next ten years

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Special Report: Petrochemicals

“China is the largest polyolefin market in Asia and has seen the strongest growth in terms of demand for the last few years. How do the Chinese and Indian markets now compare and what developments are taking place within the petrochemical sector in both countries?”

Page 3: India to outweigh Chinese polyolefin demand growth over the next ten years

This Special Report includes commentary on:

• Polyethylene and polypropylene demand

• Population growth to play a part

• The size of India’s ethylene/polymers industry

• Feedstock advantage?

• Indian/Chinese cracker projects

• India’s PE and PP balances

• Indian PE supply/demand balance

• Indian PE/PP Projects

• Indian ethylene capacity by feedstock

• Global PE and PP demand

• China vs India growth

• India’s existing ethylene crackers

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Special Report: Petrochemicals

Page 5: India to outweigh Chinese polyolefin demand growth over the next ten years

INDIA TO OUTWEIGH CHINESE POLYOLEFIN DEMAND GROWTH OVER THE NEXT TEN YEARS

Globally, the regional growth centres for polyethylene (PE) and polypropylene (PP) are Asia, Central and South America, Central and Eastern Europe, South America and the Middle East. Asia and Africa, is forecast to show the strongest polyethylene demand growth over the next ten years, with 6% CAGR and 7% CAGR respectively, according to Platts Petrochemical Analytics. Out of Asia, Indian demand growth is projected to be stronger than China’s, with the subcontinent’s PE demand expected to be 8% CAGR, compared to China’s 6.1 % CAGR.

In terms of polypropylene, Asia and Africa are both expected to exhibit the strongest growth in consumption over the forecast period with growth rates of 6% and 5% respectively. Within Asia, Indian demand growth is expected to outweigh China’s with the former to register an annual growth of 7.7% over the next ten years, compared to China’s 6.2%.

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Special Report: Petrochemicals