India Thermoplastic Elastomers (Styrenic Block Copolymers, Thermoplastic Olefins, Thermoplastic Polyurethanes) Market Competition Forecast and Opportunities, 2011-2025 - Research and Markets

DUBLIN, Apr 20, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "India Thermoplastic Elastomers Market By Type (Styrenic Block Copolymers, Thermoplastic Olefins, Thermoplastic Polyurethanes, etc.), By End Use Application (Automotive, Consumer Durables, etc.), Competition Forecast and Opportunities, 2011-2025" report to their offering.

The market of thermoplastic elastomers in India is anticipated to grow at a CAGR of around 7% during 2016-2025.

Styrenic Block Copolymers dominated India thermoplastic elastomers market in 2015, and the segment is expected to continue dominating the market through 2025owing to its wide range of applications in various industries, ranging from automotive to consumer durables.

In order to ensure utmost consumer health and safety, Government of India supports use of TPEs for commercial applications by providing guidelines for prudent product usage. Moreover, growing preference for recyclable and environment friendly polymers that are capable of increasing durability of various products is boosting demand for thermoplastic elastomers across the country. Additionally, thermoplastic elastomers are eco-compatible substitutes for Polyvinyl Chloride (PVC) polymers, which is expected to positively influence demand for thermoplastic elastomers in India during forecast period.

During the forecast period, automotive industry is expected to emerge as the largest end user of TPEs in India, on account of increasing consumer preference for high performance and lightweight automobiles in the country. A major share in the demand for thermoplastic elastomers emanates from Tamil Nadu, Maharashtra, National Capital Region (NCR), Gujarat, Karnataka and Andhra Pradesh, among others.

"India Thermoplastic Elastomers Market 2011-2025" discusses the following aspects of India thermoplastic elastomers market:

- India Thermoplastic Elastomers Market Size, Share & Forecast
- Segmental Analysis - By Type (Styrenic Block Copolymers (SBC), Thermoplastic Olefins (TPO), Thermoplastic Polyurethanes (TPU), Thermoplastic Vulcanizate (TPV), Copolyester Ether Elastomers (COPE)), By End Use Application (Automotive, Consumer Durables, Industrial, Medical & Others)
- Policy & Regulatory Landscape
- Changing Market Trends and Emerging Opportunities
- Competitive Landscape and Strategic Recommendations

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