Press release
India Elastomers Market Size, Share, Trends and Forecast by 2025-2033
India Elastomers Market
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 3.40 Billion
Market Forecast in 2033: USD 5.43 Billion
Market Growth Rate (2025-2033): 5.34%
Request For Sample Report: https://www.imarcgroup.com/india-elastomers-market/requestsample
India Elastomers Market Overview
India elastomers market is advancing with increasing demand from automotive, industrial, and building industries. Increasing investments in infrastructure, increasing consumer electronics market, ongoing improvement in manufacturing technologies, increasing demand for sustainable materials, and government support for local production and innovation are the drivers of the market.
India Elastomers Market Trends
Growing Demand from the Automotive Sector
The increasing demand from the automotive segment boosts the India elastomers market growth. As car production rises and the market trends toward electric vehicles (EVs), elastomers like styrene-butadiene rubber (SBR) and ethylene propylene diene monomer (EPDM) are in huge demand for tire production, seals, and gaskets. For example, the government of India is promoting the use of electric vehicles (EVs) actively through a number of policies, including the FAME II scheme with a budget of INR 11,500 Crore and the PLI scheme for the auto industry with a budget of INR 25,938 Crore. As of 8 July 2024 EV sales in India had grown 16% during the first half of 2024 at 8,42,396 units against 7,23,492 during the same period in 2023.
The country has also installed 16,344 public charging points. This increase in EV production and infrastructure is forecasted to drive demand for highly advanced elastomers utilized in applications such as seals, gaskets, tires, and thermal insulation materials, most notably those designed to withstand high temperatures and electric loads in EVs. Other than this, elastomers have a wonderful replacement for light material because they are flexible and also durable. Additional research on bio-based elastomers is growing in response to the push for sustainability. Demand is also rising with the government initiatives that promote domestic auto production under the "Make in India" initiative. The rising demand for electric vehicles by consumers is also driving the demand for elastomers used in the automobile industry.
Browse full report with TOC & List of figure: https://www.imarcgroup.com/india-elastomers-market
India Elastomers Market Segmentation
1. By Type
o Thermoplastic Elastomers (TPE)
o Thermoset Elastomers
o Silicone Elastomers
o Polyolefin Elastomers (POE)
o Nitrile Butadiene Rubber (NBR)
o Others
2. By End Use Industry
o Automotive
o Industrial
o Construction
o Consumer Electronics
o Healthcare
o Other
3. By Region
o North India
o South India
o East India
o West India
India Elastomers Market News
April 2024: IIT Madras launched India's first mobile calibration facility for medical devices. The unit is designed to travel across the country and offer on-site testing, calibration, and safety verification of essential medical instruments. It follows international testing standards and reduces both operational and logistical costs associated with equipment servicing.
Key Highlights of the Report
1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current, and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
Ask Analyst for Your Customized Sample: https://www.imarcgroup.com/request?type=report&id=31161&flag=E
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145
About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC's offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India Elastomers Market Size, Share, Trends and Forecast by 2025-2033 here
News-ID: 3995566 • Views: …
More Releases from IMARC Services Private Limited
Australia Luxury Car Market Size, Share, Growth Analysis & Industry Forecast 202 …
The latest report by IMARC Group, titled "Australia Luxury Car Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033," offers a comprehensive analysis of the Australia luxury car market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia luxury car market size reached USD 9.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD…
Australia Chocolate Market Size, Share, Growth Analysis & Industry Forecast 2025 …
The latest report by IMARC Group, titled "Australia Chocolate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033," offers a comprehensive analysis of the Australia chocolate market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia chocolate market size reached USD 1.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.2 Billion by…
Australia Bakery Products Market Size, Share, Growth Analysis & Industry Forecas …
The latest report by IMARC Group, titled "Australia Bakery Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033," offers a comprehensive analysis of the Australia bakery products market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia bakery products market size reached USD 10.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD…
Australia Green Hydrogen Market Size, Share, Growth Analysis & Industry Forecast …
The latest report by IMARC Group, titled "Australia Green Hydrogen Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033," offers a comprehensive analysis of the Australia green hydrogen market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia green hydrogen market size reached USD 47.23 Million in 2024. Looking forward, IMARC Group expects the market to reach USD…
More Releases for India
India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035).
India Smart Air Purifier Market Overview
The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…
