The global Elastomers market was valued at US$ 71760 million in 2022 and is projected to reach US$ 85270 million by 2029, at a CAGR of 2.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Elastomers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Elastomers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Elastomers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Elastomers, due to their properties, such as high thermal stability, greater chemical resistance, high tensile strength, low shrinkage, and greater design flexibility, are used in a wide range of applications, including automotive, medical, consumer goods, industrial, and Others.
This report aims to provide a comprehensive presentation of the global market for Elastomers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elastomers. This report contains market size and forecasts of Elastomers in global, including the following market information:
- Global Elastomers Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Elastomers Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Elastomers companies in 2022 (%)
The main types of elastomers are Thermoplastic Vulcanizates (TPV), silicone (Q), Thermoplastic Polyolefin (TPO), Natural Rubber (NR), Ethylene Propylene Elastomer (EPM), Butyl Elastomer (IIR), and Styrene Butadiene Rubber (SBR). The NR segment is estimated to lead the elastomers market in 2016, due to the suitability of natural rubber in several applications. The TPV segment is estimated to witness the highest growth during the forecast period, due to the increasing adoption of thermoplastic vulcanizates in various applications segments.
We surveyed the Elastomers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Elastomers Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Elastomers Market Segment Percentages, by Type, 2022 (%)
- SBR (Styrene Block Copolymers)
- IIR (Butyl Elastomer)
- NBR (Nitrile Elastomer)
- ACM (Acrylic Elastomer)
- EPM (Ethylene-Propylene Elastomer)
- PEBA (Thermoplastic Polyether Block Amides)
- SBC (Styrene Block Copolymers)
- TPO (Thermoplastic Polyolefin)
- TPU (Thermoplastic Polyurethanes)
- TPV (Thermoplastic Vulcanizates)
Global Elastomers Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Elastomers Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Consumer Goods
- Medical
- Industrial
- Others
Global Elastomers Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Elastomers Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Elastomers revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Elastomers revenues share in global market, 2022 (%)
- Key companies Elastomers sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Elastomers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BASF Se
- DOW
- JSR Corporation
- Dupont
- Lanxess
- Zeon Corporation
- Kuraray
- Covestro
- Nizhnekamskneftekhim
- Teknor Apex
Outline of Major Chapters:
Chapter 1: Introduces the definition of Elastomers, market overview.
Chapter 2: Global Elastomers market size in revenue and volume.
Chapter 3: Detailed analysis of Elastomers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Elastomers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Elastomers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.