Thermoplastic Elastomers market in India is projected to grow to US$900 mln

摘要

GROWING preference for recyclable and environment friendly polymers coupled with escalating demand from automotive and consumer durables sectors to drive India thermoplastic elastomers market through 2025. According to TechSci Research report," the Thermoplastic Elastomers (TPE) market in India is projected to US$900 mln by 2025. TPE is being widely adopted as an environment friendly substitute for Polyvinyl Chloride (PVC) polymers. Over the last few years, increasing consumption across various applications such as automotive, consumer durables, industrial, medical, footwear, etc., has been instrumental boosting demand for thermoplastic elastomers (TPEs) in India.