Automotive Elastomer Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Automotive Elastomers Market size is projected to reach USD 58.82 Billion by 2028, at a CAGR of 5% between 2022 and 2028. Automotive elastomers are used to produce parts that must withstand extreme temperatures, such as hoses, insulators, seals, bushes, engine mounts, and gaskets. Based on the type of elastomer, the market is segmented into ethylene propylene diene monomer (EPDM), nitrile butadiene rubber (NBR), chloroprene rubber (CR), styrene-butadiene rubber (SBR), fluoroelastomers and silicone rubbers in synthetic automotive elastomer. On the other hand, thermoplastic polyolefin (TPO), thermoplastic polyurethane (TPU), styrene block copolymer (SBC), thermoplastic vulcanizate (TPV), copolyester ether (COPE), and polyether block amide (PEBA) are classified as follows It’s possible.

Company Profile

Some of the major players in the automotive elastomers market include BASF SE, LANXESS, The Dow Chemical Company, Exxon Mobil Corporation, E. I. du Pont de Nemours and Company, Saudi Basic Industries Corporation (SABIC), 3M, Huntsman International LLC, LyondellBasell Industries N.V., Bayer AG, China Petrochemical Corporation (Sinopec), Kraton Performance Polymers Inc.

Market Segmentation

By Type:

• Natural Rubbers (NR)
• Butyl Elastomers (IIR)
• Butadiene (BR) (Polybutadiene) Elastomers
• Ethylene-propylene (EPM/EPDM) Elastomers
• Polyisoprene (IR) Elastomers
• Nitrile (NBR) Elastomers

By Application:

• Tire
• Non-tire

Scope of the Report

The research study analyzes the Automotive Elastomer Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Elastomer Market Report

1. What was the Automotive Elastomer Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Elastomer Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Elastomer Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.