India Medical Elastomers Market Size & Outlook, 2023-2030
India medical elastomers market, 2018-2030 (US$M)
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India medical elastomers market highlights
- The India medical elastomers market generated a revenue of USD 229.2 million in 2023 and is expected to reach USD 558.4 million by 2030.
- The India market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, thermoplastic elastomer was the largest revenue generating type in 2023.
- Thermoplastic Elastomer is the most lucrative type segment registering the fastest growth during the forecast period.
Medical elastomers market data book summary
| Market revenue in 2023 | USD 229.2 million |
| Market revenue in 2030 | USD 558.4 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic elastomer |
| Fastest growing segment | Thermoplastic Elastomer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Elastomer, Thermoset Elastomer |
| Key market players worldwide | Basf SE, Dow Inc, DuPont de Nemours Inc, DSM Firmenich AG, Kuraray Co Ltd, Teknor Apex, L.B. Foster Co Class A, Hexpol AB Class B, Trelleborg AB Class B, Celanese Corp Class A, Solvay SA, Kraton Performance Polymers, Momentive, Avient Corp, Biomerics |
Other key industry trends
- In terms of revenue, India accounted for 5.5% of the global medical elastomers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical elastomers market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 745.6 million by 2030.
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Medical Elastomers Market Scope
Medical Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India medical elastomers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical elastomers market will help companies and investors design strategic landscapes.
Thermoplastic elastomer was the largest segment with a revenue share of 68.63% in 2023. Horizon Databook has segmented the India medical elastomers market based on thermoplastic elastomer, thermoset elastomer covering the revenue growth of each sub-segment from 2018 to 2030.
- India Medical Elastomers Type Outlook (Revenue, USD Million, 2018-2030)
- Thermoplastic Elastomer
- Thermoset Elastomer
- India Medical Elastomers Application Outlook (Revenue, USD Million, 2018-2030)
- Medical Tubes
- Medical Bags
- Catheters
- Syringes
- Implants
- Gloves
- Others
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Target buyers of India medical elastomers market databook
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Our clientele includes a mix of medical elastomers market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India medical elastomers market , including forecasts for subscribers. This country databook contains high-level insights into India medical elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India medical elastomers market size, by type, 2018-2030 (US$M)
India Medical Elastomers Market Outlook Share, 2023 & 2030 (US$M)
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