Automotive Elastomers Market Scope and Growth by 2031
Automotive Elastomers Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 42.98 Billion |
Market Size by 2031 | US$ 66.57 Billion |
Global CAGR (2023 - 2031) | 5.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Elastomers Market News and Recent Developments
The automotive elastomers market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive elastomers market are listed below:
- Arkema increased its global manufacturing capacity for Pebax elastomers by 40% at its Serquigny plant in France. Arkema successfully started its new Pebax elastomer unit at the Serquigny plant in France. This new unit, designed with the latest advancements in industrial processes, can produce both the bio-circular Pebax Rnew and classical Pebax elastomer ranges. (Source: Arkema, Press Release, February 2024)
Automotive Elastomers Market Report Coverage and Deliverables
The "Automotive Elastomers Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Automotive elastomers market size and forecast for all the key market segments covered under the scope
- Automotive elastomers market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- Automotive elastomers market analysis covering key market trends, country framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive elastomers market
- Detailed company profiles