| Product Code: ETC7553653 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s silicone elastomers import market in 2024 continued to be dominated by key exporting countries such as China, Germany, USA, Japan, and South Korea. The market concentration, as measured by the HHI index, remained high, indicating a significant level of market power held by these exporters. The impressive compound annual growth rate (CAGR) of 17.15% from 2020 to 2024 highlights the robust demand for silicone elastomers in India. Moreover, the growth rate of 11.3% in 2024 indicates sustained momentum in the market, underlining the attractiveness of India as a key destination for silicone elastomer imports.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Silicone Elastomers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Silicone Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 India Silicone Elastomers Market - Industry Life Cycle |
3.4 India Silicone Elastomers Market - Porter's Five Forces |
3.5 India Silicone Elastomers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Silicone Elastomers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Silicone Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for silicone elastomers in various end-use industries such as automotive, healthcare, and electronics. |
4.2.2 Increasing focus on research and development activities to enhance product quality and performance. |
4.2.3 Rising awareness about the benefits of silicone elastomers over traditional materials like rubber and plastic. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Stringent regulations and compliance standards in the silicone elastomers industry. |
4.3.3 Limited availability of skilled labor for manufacturing and processing silicone elastomers. |
5 India Silicone Elastomers Market Trends |
6 India Silicone Elastomers Market, By Types |
6.1 India Silicone Elastomers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Silicone Elastomers Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Silicone Elastomers Market Revenues & Volume, By High Temperature Vulcanize (HTV), 2021- 2031F |
6.1.4 India Silicone Elastomers Market Revenues & Volume, By Room Temperature Vulcanize (RTV), 2021- 2031F |
6.1.5 India Silicone Elastomers Market Revenues & Volume, By Liquid Silicone Rubber (LSR), 2021- 2031F |
6.2 India Silicone Elastomers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Silicone Elastomers Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.3 India Silicone Elastomers Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 India Silicone Elastomers Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.2.5 India Silicone Elastomers Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.6 India Silicone Elastomers Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.7 India Silicone Elastomers Market Revenues & Volume, By Others, 2021- 2031F |
7 India Silicone Elastomers Market Import-Export Trade Statistics |
7.1 India Silicone Elastomers Market Export to Major Countries |
7.2 India Silicone Elastomers Market Imports from Major Countries |
8 India Silicone Elastomers Market Key Performance Indicators |
8.1 Percentage increase in adoption of silicone elastomers in key industries. |
8.2 Number of new product developments and innovations in the silicone elastomers market. |
8.3 Rate of investment in technologies and processes to improve silicone elastomer manufacturing efficiency. |
9 India Silicone Elastomers Market - Opportunity Assessment |
9.1 India Silicone Elastomers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Silicone Elastomers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Silicone Elastomers Market - Competitive Landscape |
10.1 India Silicone Elastomers Market Revenue Share, By Companies, 2024 |
10.2 India Silicone Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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