| Product Code: ETC7537489 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s automotive elastomers import market saw significant growth in 2024, with South Korea, Poland, Thailand, Taiwan, and China emerging as the top exporting countries. The market displayed a shift towards lower concentration levels, indicating increased competition among suppliers. The impressive compound annual growth rate (CAGR) of 19.99% from 2020 to 2024 highlights the expanding demand for automotive elastomers in India. Moreover, the notable growth rate of 30.6% from 2023 to 2024 indicates a rapid acceleration in import volumes, reflecting the industry`s dynamism and potential for further expansion.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Elastomers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Elastomers Market - Industry Life Cycle |
3.4 India Automotive Elastomers Market - Porter's Five Forces |
3.5 India Automotive Elastomers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Automotive Elastomers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Automotive Elastomers Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and fuel-efficient vehicles in India |
4.2.2 Increasing investment in the automotive sector for technological advancements |
4.2.3 Government initiatives promoting electric vehicles and hybrid vehicles adoption |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the manufacturing cost of elastomers |
4.3.2 Stringent regulations related to emission standards affecting automotive production |
4.3.3 Intense competition from substitute materials in the automotive industry |
5 India Automotive Elastomers Market Trends |
6 India Automotive Elastomers Market, By Types |
6.1 India Automotive Elastomers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Elastomers Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Automotive Elastomers Market Revenues & Volume, By Thermoset Elastomers, 2021- 2031F |
6.1.4 India Automotive Elastomers Market Revenues & Volume, By Thermoplastic Elastomers (TEP), 2021- 2031F |
6.2 India Automotive Elastomers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Elastomers Market Revenues & Volume, By Tire, 2021- 2031F |
6.2.3 India Automotive Elastomers Market Revenues & Volume, By Interior, 2021- 2031F |
6.2.4 India Automotive Elastomers Market Revenues & Volume, By Exterior, 2021- 2031F |
6.2.5 India Automotive Elastomers Market Revenues & Volume, By Under the Hood, 2021- 2031F |
6.3 India Automotive Elastomers Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Elastomers Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.3.3 India Automotive Elastomers Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.3.4 India Automotive Elastomers Market Revenues & Volume, By Medium and Heavy Commercial Vehicles, 2021- 2031F |
7 India Automotive Elastomers Market Import-Export Trade Statistics |
7.1 India Automotive Elastomers Market Export to Major Countries |
7.2 India Automotive Elastomers Market Imports from Major Countries |
8 India Automotive Elastomers Market Key Performance Indicators |
8.1 Adoption rate of advanced elastomer technologies in the automotive sector |
8.2 Percentage increase in the use of elastomers in electric and hybrid vehicles |
8.3 Research and development investment in innovative elastomer solutions for automotive applications |
9 India Automotive Elastomers Market - Opportunity Assessment |
9.1 India Automotive Elastomers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Automotive Elastomers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Automotive Elastomers Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Elastomers Market - Competitive Landscape |
10.1 India Automotive Elastomers Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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