INDIA PLASTOMERS MARKET

INTRODUCTION

Polyolefin elastomers are straightforward polymer compounds that were first introduced to the market with the automotive sector in mind. Elastomers, fillers, and other compounds are mixed together, then specific TPO components made for specific uses are added.

TPOs' complex value and supply chain before they reach the ultimate consumer raises the entire price of the product and reduces end consumers' trust. It's utilised in everything from car weatherstripping to gaskets, hoses, seals, and electrical insulation.

INDIA PLASTOMERS MARKET DEVELOPMENTS AND INNOVATIONS

The increased supply for flexible polymeric olefins as well as sound numbing sheeting in the automobile sector is helping the polypropylene category.

Furthermore, unlike typical polymers, polypropylene plastomers have unique qualities that make them suited for usage in a wide range of crack-resistant packaging, wire and cable, and high-impact consumer items. PE and EVA are the most common of them, accounting for a significant share of the worldwide plastomers industry's overall income.

High demand in polymer modification and building applications is predicted to support a healthy increase in demand in these areas during the forthcoming years. The rise in electric vehicle production has a knock-on effect on the market for lightweight materials including TPOs, POEs, and TPVs, among others.

POE is used in bumpers, instrument panels, and other areas. Medical device manufacturers are increasingly using polyolefin elastomers to make catheters, tubes, masks, and bags.

Polyolefin elastomers' properties, such as high sterilisation resistance, ease of mixing with other polymers, high torque transmission, superior impact resistance, and resistance to harsh chemicals, are likely to drive demand.

COMPETITIVE LANDSCAPE

Aside from the complicated elements of supply sequence, the existence of a multitude of substitute products with similar properties wherein the plastomers are most commonly used in film-based food packaging, followed by polymer modification and automotive.

Due to solid state of the economy and significant growth in end-use businesses also including manufacturing, automotive, and polymer modifications, the plastomers business has seen tremendous expansion, particularly in the Asia-Pacific area.

The increasing need for plastomers goods in emerging economies, as well as high demand among end-use sectors, are the major contributing factors.

Dow Inc.  is a leading mobiliser of the polymers in the market. The latest integration has been only a few of the many possibilities that flexible elastomers, plastomers, and silicone rubber materials may provide.

These substances' molecular organization provides a valuable combination of performance features, including superb transparency, closing, suppleness, suppleness, water barrier properties, endurance, electrical insulating capabilities, and more.

The versatility of rubber compounds, plastomers, and silicone rubber materials allows them to be used in almost any application designed.

Mitsui Chemicals  is part of the component manufacture trending companies in the current industry. The Low-crystallinity copolymers soften, enhance impact resistance, and lower the melting point of polyethylene (PE) and polypropylene (PP). Polyethylene, polypropylene, EPDM, and polyamide compounds can be tailored to have certain qualities.

TAFMER is preferred by compounders who need to manufacture the cheapest solution for their customers because to its low density. TAFMER is utilised in a variety of applications including automotive thermoplastic polyolefin (TPO) compounds, wire and cable materials, and packaging.

COMPANIES PROFILED

• 3M
• H.B. Fuller
• Dow Corning
• Aremco Products Inc
• Panacol-Elosol GMBH
• Henkel AG & Co.
• KGaA
• Master Bond Inc.
• BASF SE
• MG Chemicals
• Parker Hannifin Inc.
• Vitro Chemicals Inc.
• SABIC