ID: MRFR/CnM/6870-HCR | February 2021 | Region: Global | 111 Pages
Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
2.4 Key Takeaways
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics of Global Elastomers Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis of Global Elastomers Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End User
5.2 Porterβs Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Competitive Rivalry
5.3 Pricing Analysis
6. Global Elastomers Market, by Type
6.1 Introduction
6.2 Thermoset Elastomer
6.2.1 Market Estimates & Forecast, 2020β2027
6.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.1 Synthetic Rubber
6.2.2.1.1 Market Estimates & Forecast, 2020β2027
6.2.2.1.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.2.1 Styrene-butadiene Rubber (SBR)
6.2.2.2.1.1 Market Estimates & Forecast, 2020β2027
6.2.2.2.1.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.2.2 Isobutylene-isoprene (IIR)
6.2.2.2.2.1 Market Estimates & Forecast, 2020β2027
6.2.2.2.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.2.3 Nitrile rubber (NBR)
6.2.2.2.3.1 Market Estimates & Forecast, 2020β2027
6.2.2.2.3.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.2.4 Polybutadiene (PBR)
6.2.2.2.4.1 Market Estimates & Forecast, 2020β2027
6.2.2.2.4.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.2.5 Others
6.2.2.2.5.1 Market Estimates & Forecast, 2020β2027
6.2.2.2.5.2 Market Estimates & Forecast, by Region, 2020β2027
6.2.2.2 Natural Rubber
6.2.2.2.1 Market Estimates & Forecast, 2020β2027
6.2.2.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.3 Thermoplastic Elastomer
6.3.1 Market Estimates & Forecast, 2020β2027
6.3.2 Market Estimates & Forecast, by Region, 2020β2027
6.3.2.1 Thermoplastic polyurethane (TPU)
6.3.2.1.1 Market Estimates & Forecast, 2020β2027
6.3.2.1.2 Market Estimates & Forecast, by Region, 2020β2027
6.3.2.2 Thermoplastic Styrenic elastomers (TPS)
6.3.2.2.1 Market Estimates & Forecast, 2020β2027
6.3.2.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.3.2.3 Polyether block amide (PEBA)
6.3.2.3.1 Market Estimates & Forecast, 2020β2027
6.3.2.3.2 Market Estimates & Forecast, by Region, 2020β2027
6.3.2.4 Others
6.3.2.4.1 Market Estimates & Forecast, 2020β2027
6.3.2.4.2 Market Estimates & Forecast, by Region, 2020β2027
7. Global Elastomers Market, by End-Use Industry
7.1 Introduction
7.2 Automotive
7.2.1 Market Estimates & Forecast, 2020β2027
7.2.2 Market Estimates & Forecast, by Region, 2020β2027
7.3 Medical
7.3.1 Market Estimates & Forecast, 2020β2027
7.3.2 Market Estimates & Forecast, by Region, 2020β2027
7.4 Electronics
7.4.1 Market Estimates & Forecast, 2020β2027
7.4.2 Market Estimates & Forecast, by Region, 2020β2027
7.5 Textile
7.5.1 Market Estimates & Forecast, 2020β2027
7.5.2 Market Estimates & Forecast, by Region, 2020β2027
7.6 Others
7.6.1 Market Estimates & Forecast, 2020β2027
7.6.2 Market Estimates & Forecast, by Region, 2020β2027
8. Global Elastomers Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2020β2027
8.2.2 Market Estimates & Forecast, by Type, 2020β2027
8.2.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.2.4 US
8.2.4.1 Market Estimates & Forecast, 2020β2027
8.2.4.2 Market Estimates & Forecast, by Type, 2020β2027
8.2.4.3 Market Estimates & Forecast, End-Use Industry, 2020β2027
8.2.5 Canada
8.2.5.1 Market Estimates & Forecast, 2020β2027
8.2.5.2 Market Estimates & Forecast, by Type, 2020β2027
8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3 Europe
8.3.1 Market Estimates & Forecast, 2020β2027
8.3.2 Market Estimates & Forecast, by Type, 2020β2027
8.3.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.4 Germany
8.3.4.1 Market Estimates & Forecast, 2020β2027
8.3.4.2 Market Estimates & Forecast, by Type, 2020β2027
8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.5 France
8.3.5.1 Market Estimates & Forecast, 2020β2027
8.3.5.2 Market Estimates & Forecast, by Type, 2020β2027
8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.6 Italy
8.3.6.1 Market Estimates & Forecast, 2020β2027
8.3.6.2 Market Estimates & Forecast, by Type, 2020β2027
8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.7 Spain
8.3.7.1 Market Estimates & Forecast, 2020β2027
8.3.7.2 Market Estimates & Forecast, by Type,2020β2027
8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.8 UK
8.3.8.1 Market Estimates & Forecast, 2020β2027
8.3.8.2 Market Estimates & Forecast, by Type,2020β2027
8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.9 Russia
8.3.9.1 Market Estimates & Forecast, 2020β2027
8.3.9.2 Market Estimates & Forecast, by Type,2020β2027
8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.10 Poland
8.3.10.1 Market Estimates & Forecast, 2020β2027
8.3.10.2 Market Estimates & Forecast, by Type, 2020β2027
8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.3.11 Rest of Europe
8.3.11.1 Market Estimates & Forecast, 2020β2027
8.3.11.2 Market Estimates & Forecast, by Type, 2020β2027
8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.4 Asia-Pacific
8.4.1 Market Estimates & Forecast, 2020β2027
8.4.2 Market Estimates & Forecast, by Type, 2020β2027
8.4.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.4.4 China
8.4.4.1 Market Estimates & Forecast, 2020β2027
8.4.4.2 Market Estimates & Forecast, by Type, 2020β2027
8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.4.5 India
8.4.5.1 Market Estimates & Forecast, 2020β2027
8.4.5.2 Market Estimates & Forecast, by Type, 2020β2027
8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.4.6 Japan
8.4.6.1 Market Estimates & Forecast, 2020β2027
8.4.6.2 Market Estimates & Forecast, by Type, 2020β2027
8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.4.7 Australia & New Zealand
8.4.7.1 Market Estimates & Forecast, 2020β2027
8.4.7.2 Market Estimates & Forecast, by Type, 2020β2027
8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.4.8 Rest of Asia-Pacific
8.4.8.1 Market Estimates & Forecast, 2020β2027
8.4.8.2 Market Estimates & Forecast, by Type, 2020β2027
8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.5 Middle East & Africa
8.5.1 Market Estimates & Forecast, 2020β2027
8.5.2 Market Estimates & Forecast, by Type, 2020β2027
8.5.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.5.4 GCC
8.5.4.1 Market Estimates & Forecast, 2020β2027
8.5.4.2 Market Estimates & Forecast, by Type, 2020β2027
8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.5.5 Israel
8.5.5.1 Market Estimates & Forecast, 2020β2027
8.5.5.2 Market Estimates & Forecast, by Type, 2020β2027
8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.5.6 North Africa
8.5.6.1 Market Estimates & Forecast, 2020β2027
8.5.6.2 Market Estimates & Forecast, by Type, 2020β2027
8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.5.7 Turkey
8.5.7.1 Market Estimates & Forecast, 2020β2027
8.5.7.2 Market Estimates & Forecast, by Type, 2020β2027
8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.5.8 Rest of Middle East & Africa
8.5.8.1 Market Estimates & Forecast, 2020β2027
8.5.8.2 Market Estimates & Forecast, by Type, 2020β2027
8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.6 Latin America
8.6.1 Market Estimates & Forecast, 2020β2027
8.6.2 Market Estimates & Forecast, by Type, 2020β2027
8.6.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.6.4 Brazil
8.6.4.1 Market Estimates & Forecast, 2020β2027
8.6.4.2 Market Estimates & Forecast, by Type, 2020β2027
8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.6.5 Argentina
8.6.5.1 Market Estimates & Forecast, 2020β2027
8.6.5.2 Market Estimates & Forecast, by Type, 2020β2027
8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.6.6 Mexico
8.6.6.1 Market Estimates & Forecast, 2020β2027
8.6.6.2 Market Estimates & Forecast, by Type, 2020β2027
8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
8.6.7 Rest of Latin America
8.6.7.1 Market Estimates & Forecast, 2020β2027
8.6.7.2 Market Estimates & Forecast, by Type, 2020β2027
8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020β2027
9. Company Landscape
9.1 Introduction
9.2 Market Strategy
9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 Evonik Industries AG
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 Arkema S.A.
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 The Dow Chemical Company
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 Kuraray Co., Ltd.
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Covestro AG
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
10.7 SABIC
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Strategy
10.7.5 Key Developments
10.7.6 SWOT Analysis
10.8 ARLANXEO
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Strategy
10.8.5 Key Developments
10.8.6 SWOT Analysis
10.9 Mitsui Chemicals, Inc
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Strategy
10.9.5 Key Developments
10.9.6 SWOT Analysis
10.10 Exxon Mobil Corporation
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Strategy
10.10.5 Key Developments
10.10.6 SWOT Analysis
10.11 DuPont de Nemours
10.11.1 Company Overview
10.11.2 Financial Updates
10.11.3 Product/Business Segment Overview
10.11.4 Strategy
10.11.5 Key Developments
10.11.6 SWOT Analysis
10.12 West American Rubber Company,LLC
10.12.1 Company Overview
10.12.2 Financial Updates
10.12.3 Product/Business Segment Overview
10.12.4 Strategy
10.12.5 Key Developments
10.12.6 SWOT Analysis
10.13 Solvay
10.13.1 Company Overview
10.13.2 Financial Updates
10.13.3 Product/Business Segment Overview
10.13.4 Strategy
10.13.5 Key Developments
10.13.6 SWOT Analysis
10.14 TERVES INC.
10.14.1 Company Overview
10.14.2 Financial Updates
10.14.3 Product/Business Segment Overview
10.14.4 Strategy
10.14.5 Key Developments
10.14.6 SWOT Analysis
10.15 Teknor Apex
10.15.1 Company Overview
10.15.2 Financial Updates
10.15.3 Product/Business Segment Overview
10.15.4 Strategy
10.15.5 Key Developments
10.15.6 SWOT Analysis
11. Conclusion
LIST OF TABLES
Table 1 Global Elastomers Market: by Region, 2020β2027
Table 2 North America: Elastomers Market, by Country, 2020β2027
Table 3 Europe: Elastomers Market, by Country, 2020β2027
Table 4 Asia-Pacific: Elastomers Market. by Country, 2020β2027
Table 5 Middle East & Africa: Elastomers Market, by Country, 2020β2027
Table 6 Latin America: Elastomers Market, by Country, 2020β2027
Table 7 Global Elastomers Type Market, by Regions, 2020β2027
Table 8 North America: Elastomers Type Market, by Country, 2020β2027
Table 9 Europe: Elastomers Type Market, by Country, 2020β2027
Table10 Asia-Pacific: Elastomers Type Market, by Country, 2020β2027
Table11 Middle East & Africa: Elastomers Type Market, by Country, 2020β2027
Table12 Latin America: Elastomers Type Market, by Country, 2020β2027
Table13 Global Elastomers End-Use Industry Market, by Regions, 2020β2027
Table14 North America: Elastomers End-Use Industry Market, by Country, 2020β2027
Table15 Europe: Elastomers End-Use Industry Market, by Country, 2020β2027
Table16 Asia-Pacific: Elastomers End-Use Industry Market, by Country, 2020β2027
Table17 Middle East & Africa: Elastomers End-Use Industry Market, by Country, 2020β2027
Table18 Latin America: Elastomers by End-Use Industry Market, by Country, 2020-2027
Table19 Global Type Market, by Region, 2020β2027
Table20 Global End-Use Industry Market, by Region, 2020β2027
Table21 North America: Elastomers Market, by Country, 2020β2027
Table22 North America: Elastomers Market, by Type, 2020β2027
Table23 North America: Elastomers Market, by End-Use Industry, 2020β2027
Table24 Europe: Elastomers Market, by Country, 2020β2027
Table25 Europe: Elastomers Market, by Type, 2020β2027
Table26 Europe: Elastomers Market, by End-Use Industry, 2020β2027
Table27 Asia-Pacific: Elastomers Market, by Country, 2020β2027
Table28 Asia-Pacific: Elastomers Market, by Type, 2020β2027
Table29 Asia-Pacific: Elastomers Market, by End-Use Industry, 2020β2027
Table30 Middle East & Africa: Elastomers Market, by Country, 2020β2027
Table31 Middle East & Africa: Elastomers Market, by Type, 2020β2027
Table32 Middle East & Africa: Elastomers Market, by End-Use Industry, 2020β2027
Table33 Latin America: Elastomers Market, by Country, 2020β2027
Table34 Latin America: Elastomers Market, by Type, 2020β2027
Table35 Latin America: Elastomers Market, by End-Use Industry, 2020β2027
LIST OF FIGURES
FIGURE 1 Global Elastomers Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Elastomers Market
FIGURE 4 Value Chain of Global Elastomers Market
FIGURE 5 Global Elastomers Market, 2020β2027, by Country, 2020
FIGURE 6 Share of Global Elastomers Market, by Type, 2020β2027
FIGURE 7 Global Elastomers Market Size, by Type, 2020
FIGURE 8 Share of Global Elastomers Market, by Type, 2020β2027
FIGURE 9 Global Elastomers Market Size, by End-Use Industry, 2020
FIGURE10 Share of Global Elastomers Market, by End-Use Industry, 2020β2027
$77,017.2 Million
7.15%
Asia Pacific
2022-2027
Elastomers Market is expected to grow USD 107.1 Billion at a CAGR 4.8% during the forecast period, says Market research future (MRFR). Under normal circumstances, the long molecules that comprise an elastomeric material are coiled irregularly. However, when applied force, the molecules straighten out in the direction of the force. When the molecules are released, they spontaneously revert to their original compact, random arrangement. Elastomer is widely used in the automotive industry due to its resistance to oil, grease, and ozone, as well as its high impact strength and resilience.
The heating, ventilation, and air conditioning (HVAC) industry's growing demand for elastomers, as well as the construction industry's growing demand for materials such as adhesives, tubes, and coatings, are likely to boost the market's expansion. Concerns about biocompatibility with elastomers used in medical applications are expected to restrain the market's growth. Shifting emphasis toward bio-based products and expanding application in the fabrication of medical instruments are likely to present opportunities.
COVID-19 had a negative impact on the market in 2020. The decline of the automotive industry, combined with the temporary suspension of construction and automotive manufacturing activities in several countries as a result of government-imposed lockdowns, has resulted in a decline in demand for elastomers used in the manufacture of automotive and construction materials such as tires, gaskets, plastics, tubes, adhesives, coatings, belts, and hoses, among others.
In 2018, the elastomers market was priced around USD 1700- 2120 per ton across the globe. The product has witnessed a gradual rise of USD 0.19 to 0.40 in its price from 2016 till 2018 and this trend is likely to continue during the forecast period owing to fluctuating raw material and crude oil prices
The stringent standards for evaluating elastomer properties are likely to boost the market growth during the forecast period. Some of the standards are the American Society for Testing and Materials-ASTM D412 for “Determining the tensile properties of vulcanized rubber and thermoplastic elastomers”; ASTM D624 for “Measuring the tear strength of thermoset rubbers, thermoplastic elastomers”; ASTM D3182 for “Rubber--materials, equipment, and procedures for mixing standard compounds and preparing standard vulcanized sheets”; and International Standard - ISO 34-1:2015 for “Determination of Tear Strength of the rubber(Trouser, Angle, and Crescent Tear Pieces)”.
Market Drivers
Market Restraints
Opportunities
By Type
By End-Use Industry
By Region
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: USD 107.1 Billion |
CAGR | 4.8% (2020-2027) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019Β &Β 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, End-Use Industry and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | BASF SE (Germany)βElastollan, Evonik Industries AG (Germany)βVESTAMID, Arkema S.A. (France)βPebax, The Dow Chemical Company (US)βVamac, Kuraray Co., Ltd. (Japan)βSEPTON, Covestro AG (Germany)- Vulkollan, SABIC (Saudi Arabia)βSABIC, ARLANXEO (The Netherlands)βBuna, Mitsui Chemicals, Inc (Japan)βTAFMER, Exxon Mobil Corporation (US)βExxpro, DuPont de Nemours (US)βVamac, West American Rubber Company, LLC (US)βWARCO, Solvay (Belgium)βTecnoflon, TERVES INC (US)βElementum, Teknor Apex (US)βSarlink |
Key Market Opportunities |
|
Key Market Drivers | High demand in the end-use industries, such as automotive, medical, textile, and electronics. |
Frequently Asked Questions (FAQ) :
Elastomer market can expand at 4.8% CAGR by 2025.
By 2025, the Elastomer market value can exceed USD 107.1 Billion.
BASF SE (Germany)—Elastollan, Arkema S.A. (France)—Pebax, and Evonik Industries AG (Germany)—VESTAMID are some reputed names in the Elastomer market.
The surge in need for geotextile can promote the Elastomer market.
presence of alternative solutions can restrain the Elastomer market.