Press release
India Elastomers Market 2025: Trends, Share, Size, Growth & Forecast till 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% CAGR
India Elastomers Market Overview
India elastomers market realized USD 3.40 Billion in 2024. It is expected to be USD 5.43 Billion in 2033 at a growth rate of 5.34% in the period 2025-2033, as per the IMARC Group. Growth drivers are increasing demand from automotive and industrial sectors, aggressive infrastructure expansion, manufacturing technology developments, and increased emphasis on sustainable and high-performance material. Government programs like "Make in India" and investment in local manufacturing are also driving market expansion.
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India Elastomers Market Trends and Drivers
• Automotive Industry Growth:
The automotive sector is one of the highest consumers of elastomers for tires, seals, hoses, and gaskets. Shift towards electric vehicles (EVs) and lightweight automotive components is pushing the demand for premium elastomer materials.
• Medical and Healthcare Applications:
The use of elastomers is increasing in medical devices, gloves, tubing, and seals due to their flexibility and biocompatibility. Expanding growth in India's healthcare sector and rising demand for disposable medical products propel the market.
• Sustainability Initiatives:
Environmental regulations and consumer movement towards sustainable products propel the increased interest in developing and utilizing biobased and recyclable elastomers.
• Technological Advancements:
Technological innovation in elastomer production, including 3D printing and advanced compounding technologies, is stimulating new applications in electronics, construction, and consumer goods.
• Government Support:
Hometown manufacturing, research and development and infrastructure policies are stimulating innovation and promoting the homegrown elastomer industry.
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India Elastomers Market Segmentation
By Type:
• Styrene Butadiene Rubber
• Polybutadiene Rubber
• Butyl Rubber
• Nitrile Butadiene Rubber
• Ethylene Propylene Diene Monomer Rubber (EPDM)
By End User:
• Automotive
• Medical
• Industrial
• Construction
• Consumer Electronics
• Consumer Goods
• Others
By Region:
• North India
• South India
• East India
• West India
India Elastomers Market News
Recent developments include the adoption of advanced elastomers in EV manufacturing, increased use of medical-grade elastomers, and ongoing R&D in sustainable elastomer solutions. The market is also seeing investments in 3D printing and flexible electronics applications. Government policies and industry investments continue to support innovation and domestic production.
Notes: If you require specific information not currently covered in the report, customization options are available to tailor the report to your needs.
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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 leading market research and consulting company that offers strategy, research, and business intelligence solutions worldwide. We partner with global changemakers to shape market opportunities and drive transformative growth. Our services include market entry strategy, industry benchmarking, feasibility studies, regulatory insights, marketing and branding support, and robust data analysis across numerous sectors.
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