Elastomers Market Size By Type (Thermoplastic, Thermoset), By Process (Extrusion, Injection Molding, Blow Molding, Compression Molding), By End-User Industry (Automotive, Aerospace, Appliance, Footwear, Photovoltaic, Electrical & Electronics), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The global Elastomers market is expected to be around US$ 107 Billion by 2027 at a CAGR of 6% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
6
REPORT DESCRIPTION
An elastomer is a kind of elastic polymer with viscoelasticity, additionally called amorphous polymers because they maintain a glass transition temperature. Basically, elastomers are thermosets, generally thermoplastic elastomers because of the long polymer chains. Intermolecular bonds in these chains are not control strongly in these materials that permits these polymers to react to macroscopic stresses forming natural rubber. This natural rubber is extremely preferred within the producing of the heating, ventilation, and air-conditioning (HVAC) systems.
The Market Growth Drivers include the automotive business is that the most moneymaking segment for the elastomers market. Elastomers have emerged because the excellent various to PVC and vulcanized rubber that are extensively employed in the interiors also as exteriors of a vehicle. Implementation of elastomers reduces the vehicle weight considerably, that seems to be Associate in Nursing optimum step taken because it improves the fuel efficiency and reduces the CO2 emissions. The medical industry is additionally thought of collectively of the key growth drivers for the elastomers market. Properties like high sturdiness, strength, pliability, and high flexibility have found its application within the producing of medical stoppers, gloves, and gaskets. Moreover, the increasing demands for prime insulation and molding product within the medical industries are additional touching demand.
Market Insights
The global Elastomers market is expected to be around US$ 107 Billion by 2027 at a CAGR of 6% in the given forecast period.
The global Elastomers market is segregated on the basis of Type as Thermoplastic and Thermoset. Based on Process the global Elastomers market is segmented in Extrusion, Injection Molding, Blow Molding, Compression Molding, and Others. Based on End-User Industry the global Elastomers market is segmented in Automotive, Aerospace, Appliance, Footwear, Photovoltaic, Electrical & Electronics, and Others.
The global Elastomers market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Elastomers market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
The DOW Chemical Co, JSR Co, Lanxess AG, Zeon Corporation, Kuraray Co., Ltd., Covestro AG, Kraton, BASF SE, Coim, Huntsman Corp., and others are among the major players in the global Elastomers market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Elastomers Market has been segmented as below:
Elastomers Market, By Type
Elastomers Market, By Process
Elastomers Market, By End-User Industry
Elastomers Market, By Region
Elastomers Market, By Company
The report covers:
Report Scope:
The global Elastomers market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Elastomers market share. Major industry players with significant revenue share include The DOW Chemical Co, JSR Co, Lanxess AG, Zeon Corporation, Kuraray Co., Ltd., Covestro AG, Kraton, BASF SE, Coim, Huntsman Corp., and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Elastomers Market, By Type
5.1 Introduction
5.2 Thermoplastic
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Thermoset
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Elastomers Market, By Process
6.1 Introduction
6.2 Extrusion
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Injection Molding
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Blow Molding
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Compression Molding
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Others
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Elastomers Market, By End-User Industry
7.1 Introduction
7.2 Automotive
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Aerospace
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Appliance
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Footwear
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Photovoltaic
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Electrical & Electronics
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Others
7.8.1 Market Overview
7.8.2 Market Size and Forecast
8. Elastomers Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Elastomers, By Type
8.2.2 North America Elastomers, By Process
8.2.3 North America Elastomers, By End-User Industry
8.3 Europe
8.3.1 Europe Elastomers, By Type
8.3.2 Europe Elastomers, By Process
8.3.3 Europe Elastomers, By End-User Industry
8.4 Asia-Pacific
8.4.1 Asia-Pacific Elastomers, By Type
8.4.2 Asia-Pacific Elastomers, By Process
8.4.3 Asia-Pacific Elastomers, By End-User Industry
8.5 Rest of the World
8.5.1 Rest of the World Elastomers, By Type
8.5.2 Rest of the World Elastomers, By Process
8.5.3 Rest of the World Elastomers, By End-User Industry
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 The DOW Chemical Co
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 JSR Co
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Lanxess AG
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Zeon Corporation
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Kuraray Co., Ltd.
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Covestro AG
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Kraton
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 BASF SE
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Coim
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Huntsman Corp.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Elastomers Market has been segmented as below:
Elastomers Market, By Type
Elastomers Market, By Process
Elastomers Market, By End-User Industry
Elastomers Market, By Region
Elastomers Market, By Company
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