Market revenue in 2021 | USD 90.4 million |
Market revenue in 2030 | USD 145.3 million |
Growth rate | 5.4% (CAGR from 2021 to 2030) |
Largest segment | Injection molding |
Fastest growing segment | Injection Molding |
Historical data | 2019 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Injection Molding, Extrusion Molding, Blow Molding |
Key market players worldwide | SABIC, DuPont de Nemours Inc, Basf SE, Covestro AG, Celanese Corp Class A, LG Chem, Mitsubishi Electric Corp, Arkema SA, Toyobo Co Ltd, Radici Group, Sunshine Global, Teijin Ltd, Chang Chun Group, Entec Polymers |
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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 thermoplastic polyester elastomer market will help companies and investors design strategic landscapes.
Injection molding was the largest segment with a revenue share of 68.47% in 2021. Horizon Databook has segmented the India thermoplastic polyester elastomer market based on injection molding, extrusion molding, blow molding covering the revenue growth of each sub-segment from 2019 to 2030.
Plastic industry is a significant contributor to various key sectors and the economic development of India such as automotive, healthcare, electronics, textiles, construction, and FMCG. The plastic demand has been growing rapidly due to a strong chemical sector, which is providing support to the plastic industry.
Thermoplastics and derivatives of these materials are also gaining importance in the country to meet rising demand from expanding end-use industries.
The country has more than 22,000 plastic manufacturers who employ 4 million people as of 2016. The growing population and the growth of manufacturing sectors such as the automotive industry are the key drivers for the plastic industry.
Horizon Databook provides a detailed overview of country-level data and insights on the India thermoplastic polyester elastomer market, including forecasts for subscribers. This country databook contains high-level insights into India thermoplastic polyester elastomer market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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