Automotive Elastomers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Automotive Elastomers Market covers analysis By Type (Natural Rubber, Synthetic Elastomers, Thermoplastic Elastomer); Application (Tire, Non Tire, ) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00003791
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Automotive Elastomers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET OVERVIEW

The automotive elastomers market refers to the use of rubber and rubber-like materials in the automotive industry. These materials are used in various applications such as tires, seals, hoses, and vibration dampers. The market for automotive elastomers is expected to grow due to increasing demand for vehicles and technological advancements. Trends in the market include the use of eco-friendly materials, such as bio-based elastomers, and the development of high-performance elastomers for use in electric and hybrid vehicles.

MARKET DYNAMICS

The rising adoption of automotive elastomers along with considerable growth of the automotive industry is expected to fuel the automotive elastomers market growth. Several tier1 automotive component suppliers are preferring to use elastomers with an aim to downsize the size and weight of their products, which is another factor influencing the automotive elastomers market growth. Also, the increasing emphasis to reduce carbon emissions as well as fuel consumption by reducing engine size is propelling the automotive elastomers market growth. It also helps in achieving higher horsepower along with helping vehicles to resist extremely high temperature and chemical attack.

MARKET SCOPE

The "Global Automotive Elastomers Market Analysis to 2028" is a specialized and in-depth study of the automotive elastomers industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive elastomers market with detailed market segmentation by type, application, and geography. The global automotive elastomers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive Elastomers market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global automotive elastomers market is segmented on the basis of type and application. Based on the type, the market is segmented into natural rubber, synthetic elastomers, and thermoplastic elastomer. The synthetic elastomers is further sub-segmented into ethylene propylene diene monomer, nitrile butadiene rubber, neoprene rubber, styrene butadiene rubber, fluoroelastomer, silicone rubber, and others. Also, thermoplastic elastomer is sub-segmented into thermoplastic polyolefin, thermoplastic polyurethanes, thermoplastic vulcanizates, styrene block copolymer, copolyester ether, poly ether block amide, and others. The application segmented of automotive elastomers is classified into tire and non-tire. The non-tire segmented is sub-segmented into seat backs, window and door trim, airbags, cowl panels, anti-slip mats, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive elastomers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The automotive elastomers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the automotive elastomers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the automotive elastomers market in these regions.

Automotive Elastomers Market Report Analysis

Automotive Elastomers Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • BASF SE
  • Dow Chemical Company
  • E. I. du Pont de Nemours and Company
  • Exxon Mobil Corporation
  • JSR Corporation
  • LG Chem
  • Mitsubishi Chemical Corporation
  • SABIC
  • Teknor Apex

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Type
  • Natural Rubber
  • Synthetic Elastomers
  • Thermoplastic Elastomer
By Application
  • Tire
  • Non Tire
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

The reports cover key developments in the automotive elastomers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive elastomers market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive elastomers in the global market. Below mentioned is the list of few companies engaged in the Automotive Elastomers market.

The report also includes the profiles of key automotive elastomers companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • BASF SE
  • Dow Chemical Company
  • E. I. du Pont de Nemours and Company
  • Exxon Mobil Corporation
  • JSR Corporation
  • LG Chem
  • Mitsubishi Chemical Corporation
  • SABIC
  • Teknor Apex
  • Zeon Corporation

Automotive Elastomers Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Natural Rubber
  • Synthetic Elastomers
  • Thermoplastic Elastomer
By Application
  • Tire
  • Non Tire
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Dow Chemical Company
  • E. I. du Pont de Nemours and Company
  • Exxon Mobil Corporation
  • JSR Corporation
  • LG Chem
  • Mitsubishi Chemical Corporation
  • SABIC
  • Teknor Apex
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    • BASF SE
    • Dow Chemical Company
    • E. I. du Pont de Nemours and Company
    • Exxon Mobil Corporation
    • JSR Corporation
    • LG Chem
    • Mitsubishi Chemical Corporation
    • SABIC
    • Teknor Apex
    • Zeon Corporation

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