India Elastomers Market (2025-2031) Outlook | Value, Revenue, Trends, Companies, Analysis, Share, Forecast, Industry, Size & Growth

Market Forecast By Type (SBR (Styrene block copolymers), IIR (Butyl Elastomer), NBR (Nitrile Elastomer), ACM (Acrylic Elastomer), EPM (Ethylene-propylene Elastomer), PEBA (Thermoplastic polyether block amides), SBC (Styrene block copolymers), TPO (Thermoplastic Polyolefin)), By Application (Automotive, Consumer Goods, Medical, Industrial, Others), By Thermoplastic (PEBA, SBC, TPO, TPU, TPV) And Competitive Landscape
Product Code: ETC4511065 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Elastomers Market Import Shipment Trend (2020-2024)

The India elastomers market import shipment experienced a significant decline with a CAGR of -13.9% from 2020 to 2024. The growth rate between 2023 and 2024 further dropped by -27.1%, indicating a continued contraction. The market exhibited a clear trend of decline and deceleration over the period.

Graph Showing India elastomers market Shipment Trend & Volume from 2020-2024

India Elastomers Market Overview

Elastomers are essential in numerous applications, from tires to industrial machinery. The India Elastomers market continues to expand with the growth of various manufacturing sectors.

Drivers of the Market

The elastomers market in India is primarily propelled by the automotive and construction industries. Elastomers are indispensable in the automotive sector for manufacturing tires, gaskets, seals, and various components that require elasticity and durability. The construction industry also relies on elastomers for seals and insulation materials. With the ongoing urbanization and infrastructure development in India, the demand for elastomers is on the rise. Furthermore, the elastomers market is influenced by innovations in eco-friendly and bio-based elastomers to align with sustainability goals.

Challenges of the Market

This market faces challenges related to developing elastomers with specific properties for various applications, including automotive, construction, and healthcare. Meeting quality and regulatory standards is crucial.

COVID-19 Impact on the Market

The India Elastomers market, catering to various industries such as automotive, construction, and healthcare, experienced a mixed impact due to COVID-19. While the automotive sector faced disruptions in production and demand, the healthcare sector witnessed increased demand for elastomeric materials used in gloves, masks, and medical devices. Manufacturers had to adapt to changing dynamics and ensure the supply of elastomers for essential products while navigating through challenging market conditions. The resilience of this market was evident in its ability to recover as different sectors rebounded at different rates.

Key Players in the Market

In the India elastomers market, significant players include Reliance Industries Limited, India Oil Corporation Limited, LG Chem, DowDuPont, and ExxonMobil.

Key Highlights of the Report:

  • India Elastomers Market Outlook
  • Market Size of India Elastomers Market, 2024
  • Forecast of India Elastomers Market, 2031
  • Historical Data and Forecast of India Elastomers Revenues & Volume for the Period 2021-2031
  • India Elastomers Market Trend Evolution
  • India Elastomers Market Drivers and Challenges
  • India Elastomers Price Trends
  • India Elastomers Porter's Five Forces
  • India Elastomers Industry Life Cycle
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By SBR (Styrene block copolymers) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By IIR (Butyl Elastomer) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By NBR (Nitrile Elastomer) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By ACM (Acrylic Elastomer) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By EPM (Ethylene-propylene Elastomer) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By PEBA (Thermoplastic polyether block amides) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By SBC (Styrene block copolymers) for the Period 2021-2031
  • Historical Data and Forecast of India SBR (Styrene block copolymers) Elastomers Market Revenues & Volume By TPO (Thermoplastic Polyolefin) for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Medical for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By Thermoplastic for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By PEBA for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By SBC for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By TPO for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By TPU for the Period 2021-2031
  • Historical Data and Forecast of India Elastomers Market Revenues & Volume By TPV for the Period 2021-2031
  • India Elastomers Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Thermoplastic
  • India Elastomers Top Companies Market Share
  • India Elastomers Competitive Benchmarking By Technical and Operational Parameters
  • India Elastomers Company Profiles
  • India Elastomers Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Elastomers Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Elastomers Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Elastomers Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Elastomers Market Revenues & Volume, 2021 & 2031F

3.3 India Elastomers Market - Industry Life Cycle

3.4 India Elastomers Market - Porter's Five Forces

3.5 India Elastomers Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Elastomers Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Elastomers Market Revenues & Volume Share, By Thermoplastic, 2021 & 2031F

4 India Elastomers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand from automotive industry for manufacturing tires, gaskets, and other rubber components

4.2.2 Growth in the construction sector leading to higher demand for elastomers for sealants, adhesives, and insulation

4.2.3 Government initiatives promoting the use of elastomers in various industries such as healthcare, electronics, and packaging

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices impacting production costs

4.3.2 Lack of skilled labor in the elastomers industry leading to operational challenges

4.3.3 Environmental regulations restricting the use of certain types of elastomers in manufacturing processes

5 India Elastomers Market Trends

6 India Elastomers Market, By Types

6.1 India Elastomers Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Elastomers Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Elastomers Market Revenues & Volume, By SBR (Styrene block copolymers), 2021-2031F

6.1.4 India Elastomers Market Revenues & Volume, By IIR (Butyl Elastomer), 2021-2031F

6.1.5 India Elastomers Market Revenues & Volume, By NBR (Nitrile Elastomer), 2021-2031F

6.1.6 India Elastomers Market Revenues & Volume, By ACM (Acrylic Elastomer), 2021-2031F

6.1.7 India Elastomers Market Revenues & Volume, By EPM (Ethylene-propylene Elastomer), 2021-2031F

6.1.8 India Elastomers Market Revenues & Volume, By PEBA (Thermoplastic polyether block amides), 2021-2031F

6.1.9 India Elastomers Market Revenues & Volume, By TPO (Thermoplastic Polyolefin), 2021-2031F

6.1.10 India Elastomers Market Revenues & Volume, By TPO (Thermoplastic Polyolefin), 2021-2031F

6.2 India Elastomers Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Elastomers Market Revenues & Volume, By Automotive, 2021-2031F

6.2.3 India Elastomers Market Revenues & Volume, By Consumer Goods, 2021-2031F

6.2.4 India Elastomers Market Revenues & Volume, By Medical, 2021-2031F

6.2.5 India Elastomers Market Revenues & Volume, By Industrial, 2021-2031F

6.2.6 India Elastomers Market Revenues & Volume, By Others, 2021-2031F

6.3 India Elastomers Market, By Thermoplastic

6.3.1 Overview and Analysis

6.3.2 India Elastomers Market Revenues & Volume, By PEBA, 2021-2031F

6.3.3 India Elastomers Market Revenues & Volume, By SBC, 2021-2031F

6.3.4 India Elastomers Market Revenues & Volume, By TPO, 2021-2031F

6.3.5 India Elastomers Market Revenues & Volume, By TPU, 2021-2031F

6.3.6 India Elastomers Market Revenues & Volume, By TPV, 2021-2031F

7 India Elastomers Market Import-Export Trade Statistics

7.1 India Elastomers Market Export to Major Countries

7.2 India Elastomers Market Imports from Major Countries

8 India Elastomers Market Key Performance Indicators

8.1 Research and development investment in new elastomer technologies

8.2 Adoption rate of sustainable and eco-friendly elastomers in the market

8.3 Number of partnerships and collaborations for technology transfer and market expansion in the elastomers sector

9 India Elastomers Market - Opportunity Assessment

9.1 India Elastomers Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Elastomers Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Elastomers Market Opportunity Assessment, By Thermoplastic, 2021 & 2031F

10 India Elastomers Market - Competitive Landscape

10.1 India Elastomers Market Revenue Share, By Companies, 2024

10.2 India Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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