This Automotive Elastomer Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the automotive elastomer market was valued at USD 32.90 billion in 2021 and is expected to reach USD 49.54 billion by 2029, registering a CAGR of 5.25% during the forecast period of 2022 to 2029.
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Market Overview:
Automotive elastomer are one of the most essential component of the vehicles. In recent years, there has been a rise in demand for lightweight materials to improve quality of vehicle throughout the world are expected to considerably boost demand for automotive elastomers, which is expected to drive the global market. Furthermore, the government's strict policies and rules to increase vehicle efficiency, reduce pollution, and ensure passenger safety have increase the demand for automotive elastomers. Therefore, rising demand for lighter and more compact vehicles is one of the major factors expected to drive the global automotive elastomer market growth during the forecast period of 2022-2029.
Some of the major players operating in the Automotive Elastomer Market are Arkema (France), Asahi Kasei Corporation (Japan), BASF SE (Germany), Dow (U.S), Covestro AG (Germany), Huntsman International LLC. (U.S.), Teknor Apex (U.S.), The Lubrizol Corporation (U.S.), Tosh Corporation (Japan), Kraton Corporation (U.S.), China Petroleum Corporation (China), Mitsubishi Chemical Company (Japan), DuPont (U.S.), SIBUR (Russia), Evonik (Germany), Dynasol Group (Spain) among others.
Global Automotive Elastomer Market Scope
The automotive elastomer market is segmented on the basis of type, application and vehicle type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Natural Rubbers (NR)
- Butyl Elastomers (IIR)
- Butadiene (BR) (Polybutadiene) Elastomers
- Ethylene-propylene (EPM/EPDM) Elastomers
- Polyisoprene (IR) Elastomers
- Nitrile (NBR) Elastomers
- Silicones (Q)
- Polychloroprene (CR) (Neoprene) Elastomers
- Acrylic (ACM) Elastomers
- Fluoroelastomers
- Styrene Block Copolymers (SBC)
- Thermoplastic Polyolefins
- Thermoplastic Polyurethanes
- Thermoplastic Vulcanizates
- Thermoplastic Copolyesters
- Thermoplastic Polyether Block Amides
Application
- Tire
- Non-Tire
Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Automotive Elastomer Market Landscape
Part 04: Global Automotive Elastomer Market Sizing
Part 05: Global Automotive Elastomer Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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