| Product Code: ETC4510225 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s performance elastomers import shipments in 2024 saw significant growth, with top exporting countries being South Korea, Poland, Thailand, Singapore, and China. The market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 23.5%, indicating a robust expansion of the market. The growth rate in 2024 alone was particularly noteworthy at 26.17%, showcasing continued momentum in the import of performance elastomers into India.

Performance elastomers are versatile materials used in automotive, industrial, and consumer goods applications. The India Performance Elastomers market has expanded alongside the manufacturing and automotive sectors. These elastomers offer durability, flexibility, and resistance to extreme conditions.
The India performance elastomers market is experiencing notable growth due to various driving factors. Performance elastomers are versatile materials that find applications in automotive, construction, and industrial sectors, and they offer enhanced performance characteristics. One of the key drivers is the automotive industry, which requires performance elastomers for applications like seals, gaskets, and vibration isolation systems. The expansion of the automotive sector in India, along with the demand for high-performance materials, is boosting the market. Additionally, the construction industry`s growth and the need for durable, weather-resistant elastomeric materials are further propelling the market. The overall industrial growth and increasing awareness of the benefits of performance elastomers in various applications are contributing to the expansion of the performance elastomers market in India.
Challenges in this market include achieving a balance between performance and environmental considerations. Developing elastomers with improved properties while reducing environmental impact is essential.
Performance elastomers are used in various industries, and their demand may have been affected differently by the pandemic. Sectors like automotive and healthcare may have experienced varying levels of impact.
Companies such as Dow Inc., DuPont de Nemours, JSR Corporation, and LANXESS are major players in the India performance elastomers market. These firms focus on manufacturing high-performance elastomers for various industries including automotive, construction, and consumer goods.
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 Performance Elastomers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Performance Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 India Performance Elastomers Market - Industry Life Cycle |
3.4 India Performance Elastomers Market - Porter's Five Forces |
3.5 India Performance Elastomers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Performance Elastomers Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Performance Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance elastomers in automotive and industrial applications |
4.2.2 Growing investments in research and development for advanced elastomer formulations |
4.2.3 Favorable government policies promoting the use of performance elastomers in various sectors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute materials like plastics and composites |
4.3.3 Regulatory challenges related to environmental impact and sustainability of elastomers |
5 India Performance Elastomers Market Trends |
6 India Performance Elastomers Market, By Types |
6.1 India Performance Elastomers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Performance Elastomers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Performance Elastomers Market Revenues & Volume, By Nitrile-Based Elastomers, 2021-2031F |
6.1.4 India Performance Elastomers Market Revenues & Volume, By Silicone Elastomers, 2021-2031F |
6.1.5 India Performance Elastomers Market Revenues & Volume, By Fluoroelastomers, 2021-2031F |
6.2 India Performance Elastomers Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Performance Elastomers Market Revenues & Volume, By Automotive , 2021-2031F |
6.2.3 India Performance Elastomers Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 India Performance Elastomers Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 India Performance Elastomers Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.2.6 India Performance Elastomers Market Revenues & Volume, By Building , 2021-2031F |
6.2.7 India Performance Elastomers Market Revenues & Volume, By Construction, 2021-2031F |
6.2.8 India Performance Elastomers Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.9 India Performance Elastomers Market Revenues & Volume, By Electronics, 2021-2031F |
7 India Performance Elastomers Market Import-Export Trade Statistics |
7.1 India Performance Elastomers Market Export to Major Countries |
7.2 India Performance Elastomers Market Imports from Major Countries |
8 India Performance Elastomers Market Key Performance Indicators |
8.1 Research and development expenditure on new elastomer technologies |
8.2 Adoption rate of performance elastomers in key end-use industries |
8.3 Number of patents filed for innovative elastomer formulations |
8.4 Percentage of recycled or sustainable elastomers used in manufacturing |
9 India Performance Elastomers Market - Opportunity Assessment |
9.1 India Performance Elastomers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Performance Elastomers Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Performance Elastomers Market - Competitive Landscape |
10.1 India Performance Elastomers Market Revenue Share, By Companies, 2024 |
10.2 India Performance Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |