Product Code: ETC4502785 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India thermoplastic vulcanizates market import shipments demonstrated robust growth with a significant CAGR from 2020 to 2024. The market saw accelerated expansion between 2023 and 2024, indicating strong momentum and a thriving trend in the import segment.
Thermoplastic vulcanizates (TPVs) are becoming popular in the automotive industry, thanks to their excellent weather resistance and heat resistance. The India TPVs market is expanding as automakers opt for these materials to enhance the durability of exterior and interior components. This market is set to thrive with the continued growth of the automotive sector.
The India Thermoplastic Vulcanizates market is driven by the need for flexible, durable materials in industries like automotive, consumer goods, and construction. These materials combine the characteristics of thermoplastics and elastomers, making them suitable for various applications.
The India Thermoplastic Vulcanizates Market faces challenges in terms of limited awareness and understanding of TPVs among manufacturers. Many companies may not fully grasp the benefits of TPVs over traditional rubber or other thermoplastic elastomers, which can slow down adoption. The inconsistent supply of feedstock materials for TPVs can also impact the market. Furthermore, adapting existing production processes to incorporate TPVs can be time-consuming and costly.
The India Thermoplastic Vulcanizates market was impacted by the COVID-19 pandemic as it disrupted supply chains and led to decreased industrial production. However, with the recovery and increased demand for automotive and consumer goods, the market is expected to rebound in the post-pandemic period.
Major players contributing to India thermoplastic vulcanizates market include ExxonMobil, BASF SE, Arkema, and Dow.
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 Thermoplastic Vulcanizates Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thermoplastic Vulcanizates Market Revenues & Volume, 2021 & 2031F |
3.3 India Thermoplastic Vulcanizates Market - Industry Life Cycle |
3.4 India Thermoplastic Vulcanizates Market - Porter's Five Forces |
3.5 India Thermoplastic Vulcanizates Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
3.6 India Thermoplastic Vulcanizates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Thermoplastic Vulcanizates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from automotive and construction industries for lightweight and durable materials |
4.2.2 Growing awareness about environmental sustainability and recyclability of thermoplastic vulcanizates |
4.2.3 Technological advancements leading to improved performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as rubber and plastic impacting production costs |
4.3.2 Intense competition from substitutes like thermoplastic elastomers and traditional rubber materials |
4.3.3 Regulatory challenges related to environmental standards and waste management |
5 India Thermoplastic Vulcanizates Market Trends |
6 India Thermoplastic Vulcanizates Market, By Types |
6.1 India Thermoplastic Vulcanizates Market, By Processing Method |
6.1.1 Overview and Analysis |
6.1.2 India Thermoplastic Vulcanizates Market Revenues & Volume, By Processing Method, 2021-2031F |
6.1.3 India Thermoplastic Vulcanizates Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.1.4 India Thermoplastic Vulcanizates Market Revenues & Volume, By Extrusion, 2021-2031F |
6.2 India Thermoplastic Vulcanizates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Thermoplastic Vulcanizates Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India Thermoplastic Vulcanizates Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.4 India Thermoplastic Vulcanizates Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.5 India Thermoplastic Vulcanizates Market Revenues & Volume, By Fluid Handling, 2021-2031F |
6.2.6 India Thermoplastic Vulcanizates Market Revenues & Volume, By Medical, 2021-2031F |
7 India Thermoplastic Vulcanizates Market Import-Export Trade Statistics |
7.1 India Thermoplastic Vulcanizates Market Export to Major Countries |
7.2 India Thermoplastic Vulcanizates Market Imports from Major Countries |
8 India Thermoplastic Vulcanizates Market Key Performance Indicators |
8.1 Research and development investments in new TPE formulations and applications |
8.2 Adoption rate of thermoplastic vulcanizates in key end-use industries |
8.3 Recycling rates and initiatives for thermoplastic vulcanizates in India |
9 India Thermoplastic Vulcanizates Market - Opportunity Assessment |
9.1 India Thermoplastic Vulcanizates Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
9.2 India Thermoplastic Vulcanizates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Thermoplastic Vulcanizates Market - Competitive Landscape |
10.1 India Thermoplastic Vulcanizates Market Revenue Share, By Companies, 2024 |
10.2 India Thermoplastic Vulcanizates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |