Indian processing equipment business is estimated at about Rs.1000 crore (Rs.10 billion or about US$225 billion) in 2005-2006. The sector is growing at about 10-12% for the past few years. Extrusion sector in India consumes about 60% of the total polymers, but the number of injection moulding machines is much higher. To know more about the growth sectors, advances in technology, imports, etc, read Processing equipment scenario in India in 2005-2006

Thermoplastic compounding in Asia has been averaging increases of over 9% pa since 2000, with 2005 witnessing an 8% increase to over 8.4 million tons. The market has been driven by demand for compounds from sectors such as construction, automotive, appliances, electronics, wire and cable. Asia overtook Europe in volume terms during 2004 and is expected to continue its march ahead. Read in Thermoplastic compounding is growing faster in Asia compared to Europe

The recent drive from material suppliers to enhance processability, provide several colours and improved bondability to different substrates at a lower cost, have stimulated the growth of TPEs in the automotive sector. Automotive sector accounts for 40-50% of demand for most TPEs and is a process and materials technology driver. Read further in Automotive sector will drive growth of TPEs

Toughened polyamide 6,6, though an excellent material with high temperature resistance, is very expensive. A new material with easier processability and good impact strength, compared to polyamide 6,6 can be offered in several bright colours as well as good surface finish. Read in Will Impact modified polyamide 6 offers cost effective alternate to polyamide 6,6?