Global Automotive Elastomers Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

MarketResearch.biz delivers in-depth insights on the global automotive elastomers market in its upcoming report titled, “Global Automotive Elastomers Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global automotive elastomers market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive elastomers market report has been segmented on the basis of type, end-use industries, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Elastomers are synthetic-rubber like material which at room temperature can easily bent, twisted, stretched, or deformed and can quickly returns to its approximate original shape and dimensions. Elastomers have low modulus of elasticity, low intermolecular strength, and high strain of failure other than materials. Carbon, oxygen, hydrogen, and silicon monomers are linked with each other to form polymer, which eventually forms elastomers. Major elastomers used in automotive industry are thermoplastic and synthetic. Automotive elastomers are utilized in manufacturing of components that need to withstand high temperatures such as insulators, seals, engine mounts, hoses, bushes, and gaskets. On the basis of type of elastomer, the market is segmented into nitrile butadiene rubber (NBR), ethylene propylene diene monomer (EPDM), chloroprene rubber (CR), fluoroelastomers, styrene butadiene rubber (SBR), and silicone rubber under synthetic automotive elastomers. In addition, thermoplastic automotive elastomers are segmented into thermoplastic polyolefin (TPO), styrene block co-polymer (SBC), co-polyester ether (COPE), thermoplastic polyurethanes (TPU), thermoplastic vulcanizates (TPV), and polyether block amide (PEBA).

Increasing application of automotive elastomer in automobile industries, owing to its excellent properties of automotive elastomers, such as weathering and ozone resistance, heat resistance, flexibility, aging resistance, durability, chemical resistance, variety, and oil & gas resistance. The enhanced properties of automotive elastomers over traditional rubber is a major factor expected to drive growth of the global automotive elastomers market over the forecast period.

Asia Pacific automotive elastomers market is estimated to account for major share in terms of revenue in the global automotive elastomers market. Asia Pacific automotive elastomers market is also anticipated to witness fastest growth in terms of revenue over the next 7 years, owing to increasing demand from the automobile industry in countries in this region. China automotive elastomers market is anticipated to account for significant share in terms of revenue in the Asia Pacific automotive elastomers market.

Global Automotive Elastomers Market Segmentation:

Segmentation by type:

• Thermoset Elastomer
  • Natural Rubber(NR)
  • Synthetic Rubber (SR)
    • Styrene-Butadiene Rubber (SBR)
    • Butyl Rubber (IIR)
    • Poly Butadiene Rubber (BR)
    • Neoprene Rubber / Polychloroprene Rubber (CR)
    • Others (Nitrile Butadiene Rubber (NBR), Acrylic Rubber (ACM), Ethylene Propylene Diene Monomer (EPDM), Polyisoprene Rubber (IR), Silicone (Q) Elastomers, and Fluoroelastomers)
  • Thermoplastic Elastomer (TEP)
    • Styrene Block Copolymer (SBC)
    • Thermoplastic Polyurethane (TPU)
    • Thermoplastic Polyolefins (TPO)
    • Thermoplastic Vulcanizates (TPV)
    • Thermoplastic Polyester Elastomers (TPC)
    • Polyether Block Amide (PEBA)

Segmentation by application:

• Tire
• Non-Tire
  • Interior
  • Exterior
  • Under the Hood

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa