HDPE (Granules Black) hits new highs in Ahmedabad (Business Opportunities - Marketing & Sales)

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HDPE (Granules Black) hits new highs in Ahmedabad


The price of HDPE Granules (Granules Black) has witnessed a significant surge in the Ahmedabad market. As of today, the price stands at Rs.89 per kg, up from Rs.84 per kg on December 19, 2024. In India, major producers of HDPE granules include Reliance Industries Limited, a dominant name in the polymer market; Uttam Polymers Private Limited, known for its high-quality production; and Srichakra Polyplast Private Limited, which is gaining traction for its role in polymer recycling. On the global stage, prominent producers include LyondellBasell Industries from the United States, Union J. Plus Company Limited from Thailand, and Borealis AG from Austria, all of which play crucial roles in meeting the growing global demand for HDPE granules. HDPE Granules Black is widely used in a variety of industries. In the automotive sector, it is integral to the manufacturing of components and parts. The packaging industry relies heavily on it for creating films, bottles, and containers, while consumer goods manufacturers use it to produce durable and reusable items. Additionally, HDPE plays a vital role in infrastructure development, particularly in the construction of pipes and geomembranes. The market outlook for HDPE remains robust, with the global market expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030, driven by increased industrial applications and infrastructure expansion. In India, the growth rate is anticipated to be even higher, with a projected CAGR of 6.1%, fueled by urbanization, a shift towards sustainable packaging solutions, and government initiatives to boost infrastructure. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
#IndianPricesHDPE #HDPEpricesinindian #IndianHDPEprices #Indianpetrochem.

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Last Update : 25 December 2024 10:18 PM
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Item  Owner  : indianpetrochem
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