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

Coverage: Elastomers Market covers analysis by Product Type (Thermoset Elastomers, Thermoplastic Elastomers); Application (Automobiles, Sports, Electronics, Industrial, Adhesives, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00003789
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Elastomers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION
Elastomers are natural or synthetic elastic polymers with very weak intermolecular forces. They are widely applicable in major end-use industries due to their adaptability, functionality and cost-effectiveness. In addition they possess high durability, strength, and pliability which makes them ideal for use in the automotive industry. Elastomers are used in the manufacture of puncture resistant seals, for better impact-resistance in vehicle interiors, and in protection of wires and cables.

MARKET DYNAMICS
The elastomers market is anticipated to grow in the forecast period owing to driving factors such as demand for TPE from automotive industry coupled with increasing applications from the heating, ventilation, and air conditioning (HVAC) industry. Moreover, advancements in the processing industry further propel the elastomers market growth. However, elastomers market growth is negatively influenced because of saturations in market applications. On the other hand, shifting focus towards the development of bio-based products and increasing application in fabrication of medical instruments is likely to showcase major growth opportunities for the elastomers market and major market players involved.

MARKET SCOPE
The "Global Elastomers Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of elastomers market with detailed market segmentation by product type, application, and geography. The global elastomers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading elastomers market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global elastomers market is segmented on the basis of product type and application. Based on product type, the market is segmented as thermoset elastomers and thermoplastic elastomers. On the basis of the application the market is segmented as automobiles, sports, electronics, industrial, adhesives, 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 elastomers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The 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 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 South & Central America after evaluating political, economic, social and technological factors affecting the elastomers market in these regions.

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MARKET PLAYERS

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global elastomers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The 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 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 South & Central America after evaluating political, economic, social and technological factors affecting the elastomers market in these regions.

MARKET PLAYERS
The reports cover key developments in the 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 elastomers market are anticipated to lucrative growth opportunities in the future with the rising demand for elastomers in the global market. Below mentioned is the list of few companies engaged in the elastomers market.

The report also includes the profiles of key 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 three years, key developments in the past five years.
  • Advanced Elastomer Systems Limited (Exxon Mobil Corporation)
  • API S.p.A
  • BASF SE
  • Coim Group
  • Huntsman International LLC
  • Kuraray Co., Ltd
  • Miracll Chemical Co., Ltd.
  • PolyOne Corporation
  • The Lubrizol Corporation
  • Wanhua Chemical Group Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.





  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
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.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Elastomers Market - By Product Type
1.3.2 Elastomers Market - By Application
1.3.3 Elastomers Market - By Region
1.3.3.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. ELASTOMERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. ELASTOMERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. ELASTOMERS MARKET - GLOBAL MARKET ANALYSIS
6.1. ELASTOMERS - GLOBAL MARKET OVERVIEW
6.2. ELASTOMERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ELASTOMERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. THERMOSET ELASTOMERS
7.3.1. Overview
7.3.2. Thermoset Elastomers Market Forecast and Analysis
7.3.3. Nitrile rubber (NBR) Market
7.3.3.1. Overview
7.3.3.2. Nitrile rubber (NBR) Market Forecast and Analysis
7.3.4. Ethylene Propylene (EPR) Market
7.3.4.1. Overview
7.3.4.2. Ethylene Propylene (EPR) Market Forecast and Analysis
7.3.5. Fluorocarbon Elastomers (FKM) Market
7.3.5.1. Overview
7.3.5.2. Fluorocarbon Elastomers (FKM) Market Forecast and Analysis
7.4. THERMOPLASTIC ELASTOMERS
7.4.1. Overview
7.4.2. Thermoplastic Elastomers Market Forecast and Analysis
7.4.3. Styrenic block copolymers (TPS) Market
7.4.3.1. Overview
7.4.3.2. Styrenic block copolymers (TPS) Market Forecast and Analysis
7.4.4. Polyolefin blends (TPO) Market
7.4.4.1. Overview
7.4.4.2. Polyolefin blends (TPO) Market Forecast and Analysis
7.4.5. Elastomeric alloys (TPV) Market
7.4.5.1. Overview
7.4.5.2. Elastomeric alloys (TPV) Market Forecast and Analysis
7.4.6. Thermoplastic polyurethanes (TPU) Market
7.4.6.1. Overview
7.4.6.2. Thermoplastic polyurethanes (TPU) Market Forecast and Analysis
7.4.7. Others Market
7.4.7.1. Overview
7.4.7.2. Others Market Forecast and Analysis
8. ELASTOMERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOBILES
8.3.1. Overview
8.3.2. Automobiles Market Forecast and Analysis
8.4. SPORTS
8.4.1. Overview
8.4.2. Sports Market Forecast and Analysis
8.5. ELECTRONICS
8.5.1. Overview
8.5.2. Electronics Market Forecast and Analysis
8.6. INDUSTRIAL
8.6.1. Overview
8.6.2. Industrial Market Forecast and Analysis
8.7. ADHESIVES
8.7.1. Overview
8.7.2. Adhesives Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. ELASTOMERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Elastomers Market Overview
9.1.2 North America Elastomers Market Forecasts and Analysis
9.1.3 North America Elastomers Market Forecasts and Analysis - By Product Type
9.1.4 North America Elastomers Market Forecasts and Analysis - By Application
9.1.5 North America Elastomers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Elastomers Market
9.1.5.1.1 United States Elastomers Market by Product Type
9.1.5.1.2 United States Elastomers Market by Application
9.1.5.2 Canada Elastomers Market
9.1.5.2.1 Canada Elastomers Market by Product Type
9.1.5.2.2 Canada Elastomers Market by Application
9.1.5.3 Mexico Elastomers Market
9.1.5.3.1 Mexico Elastomers Market by Product Type
9.1.5.3.2 Mexico Elastomers Market by Application
9.2. EUROPE
9.2.1 Europe Elastomers Market Overview
9.2.2 Europe Elastomers Market Forecasts and Analysis
9.2.3 Europe Elastomers Market Forecasts and Analysis - By Product Type
9.2.4 Europe Elastomers Market Forecasts and Analysis - By Application
9.2.5 Europe Elastomers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Elastomers Market
9.2.5.1.1 Germany Elastomers Market by Product Type
9.2.5.1.2 Germany Elastomers Market by Application
9.2.5.2 France Elastomers Market
9.2.5.2.1 France Elastomers Market by Product Type
9.2.5.2.2 France Elastomers Market by Application
9.2.5.3 Italy Elastomers Market
9.2.5.3.1 Italy Elastomers Market by Product Type
9.2.5.3.2 Italy Elastomers Market by Application
9.2.5.4 United Kingdom Elastomers Market
9.2.5.4.1 United Kingdom Elastomers Market by Product Type
9.2.5.4.2 United Kingdom Elastomers Market by Application
9.2.5.5 Russia Elastomers Market
9.2.5.5.1 Russia Elastomers Market by Product Type
9.2.5.5.2 Russia Elastomers Market by Application
9.2.5.6 Rest of Europe Elastomers Market
9.2.5.6.1 Rest of Europe Elastomers Market by Product Type
9.2.5.6.2 Rest of Europe Elastomers Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Elastomers Market Overview
9.3.2 Asia-Pacific Elastomers Market Forecasts and Analysis
9.3.3 Asia-Pacific Elastomers Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Elastomers Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Elastomers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Elastomers Market
9.3.5.1.1 Australia Elastomers Market by Product Type
9.3.5.1.2 Australia Elastomers Market by Application
9.3.5.2 China Elastomers Market
9.3.5.2.1 China Elastomers Market by Product Type
9.3.5.2.2 China Elastomers Market by Application
9.3.5.3 India Elastomers Market
9.3.5.3.1 India Elastomers Market by Product Type
9.3.5.3.2 India Elastomers Market by Application
9.3.5.4 Japan Elastomers Market
9.3.5.4.1 Japan Elastomers Market by Product Type
9.3.5.4.2 Japan Elastomers Market by Application
9.3.5.5 South Korea Elastomers Market
9.3.5.5.1 South Korea Elastomers Market by Product Type
9.3.5.5.2 South Korea Elastomers Market by Application
9.3.5.6 Rest of Asia-Pacific Elastomers Market
9.3.5.6.1 Rest of Asia-Pacific Elastomers Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Elastomers Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Elastomers Market Overview
9.4.2 Middle East and Africa Elastomers Market Forecasts and Analysis
9.4.3 Middle East and Africa Elastomers Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Elastomers Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Elastomers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Elastomers Market
9.4.5.1.1 South Africa Elastomers Market by Product Type
9.4.5.1.2 South Africa Elastomers Market by Application
9.4.5.2 Saudi Arabia Elastomers Market
9.4.5.2.1 Saudi Arabia Elastomers Market by Product Type
9.4.5.2.2 Saudi Arabia Elastomers Market by Application
9.4.5.3 U.A.E Elastomers Market
9.4.5.3.1 U.A.E Elastomers Market by Product Type
9.4.5.3.2 U.A.E Elastomers Market by Application
9.4.5.4 Rest of Middle East and Africa Elastomers Market
9.4.5.4.1 Rest of Middle East and Africa Elastomers Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Elastomers Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Elastomers Market Overview
9.5.2 South and Central America Elastomers Market Forecasts and Analysis
9.5.3 South and Central America Elastomers Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Elastomers Market Forecasts and Analysis - By Application
9.5.5 South and Central America Elastomers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Elastomers Market
9.5.5.1.1 Brazil Elastomers Market by Product Type
9.5.5.1.2 Brazil Elastomers Market by Application
9.5.5.2 Argentina Elastomers Market
9.5.5.2.1 Argentina Elastomers Market by Product Type
9.5.5.2.2 Argentina Elastomers Market by Application
9.5.5.3 Rest of South and Central America Elastomers Market
9.5.5.3.1 Rest of South and Central America Elastomers Market by Product Type
9.5.5.3.2 Rest of South and Central America Elastomers Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. ELASTOMERS MARKET , KEY COMPANY PROFILES
11.1. ADVANCED ELASTOMER SYSTEMS LIMITED (EXXON MOBIL CORPORATION)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. API S.P.A
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BASF SE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. COIM GROUP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HUNTSMAN INTERNATIONAL LLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KURARAY CO., LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MIRACLL CHEMICAL CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. POLYONE CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THE LUBRIZOL CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WANHUA CHEMICAL GROUP CO., LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Advanced Elastomer Systems Limited (Exxon Mobil Corporation)
2. API S. p. A
3. BASF SE
4. Coim Group
5. Huntsman International LLC
6. Kuraray Co. , Ltd
7. Miracll Chemical Co. , Ltd.
8. PolyOne Corporation
9. The Lubrizol Corporation
10. Wanhua Chemical Group Co. , Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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