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Automotive Elastomers-Global Market Insights and Sales Trends 2024
Synopsis
Elastomers are unstructured polymers prevailing beyond their glass transition temperatures such that significant motion is possible. Elastomers have very low intermolecular strength, low modulus of elasticity, and high strain of failure as compared to other materials. Carbon, hydrogen, oxygen and silicon monomers link to form the polymer, which eventually forms elastomers. There are two major elastomers used in automotive applications: synthetic and thermoplastic. Automotive elastomers are used in the production of components that need to withstand extreme temperatures such as hoses, insulators, seals, bushes, engine mounts, and gaskets.
The global Automotive Elastomers market size is expected to reach US$ 52570 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Elastomers in various end use industries. The expanding demands from the Tire and Non-tire, are propelling Automotive Elastomers market. Synthetic Automotive Elastomers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Thermoplastic Automotive Elastomers segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Elastomers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Elastomers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Elastomers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Elastomers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Elastomers covered in this report include DowDupont, Exxonmobil, JSR, BASF, LG Chem, Sabic, Teknor Apex, Zeon and LANXESS, etc.
The global Automotive Elastomers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DowDupont
Exxonmobil
JSR
BASF
LG Chem
Sabic
Teknor Apex
Zeon
LANXESS
3M
Huntsman
LyondellBasell
Sinopec
Kraton Performance Polymers Inc
Asahi Kasei
Global Automotive Elastomers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Elastomers market, Segment by Type:
Synthetic Automotive Elastomers
Thermoplastic Automotive Elastomers
Global Automotive Elastomers market, by Application
Tire
Non-tire
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Elastomers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Elastomers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Elastomers are unstructured polymers prevailing beyond their glass transition temperatures such that significant motion is possible. Elastomers have very low intermolecular strength, low modulus of elasticity, and high strain of failure as compared to other materials. Carbon, hydrogen, oxygen and silicon monomers link to form the polymer, which eventually forms elastomers. There are two major elastomers used in automotive applications: synthetic and thermoplastic. Automotive elastomers are used in the production of components that need to withstand extreme temperatures such as hoses, insulators, seals, bushes, engine mounts, and gaskets.
The global Automotive Elastomers market size is expected to reach US$ 52570 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Elastomers in various end use industries. The expanding demands from the Tire and Non-tire, are propelling Automotive Elastomers market. Synthetic Automotive Elastomers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Thermoplastic Automotive Elastomers segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Elastomers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Elastomers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Elastomers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Elastomers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Elastomers covered in this report include DowDupont, Exxonmobil, JSR, BASF, LG Chem, Sabic, Teknor Apex, Zeon and LANXESS, etc.
The global Automotive Elastomers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DowDupont
Exxonmobil
JSR
BASF
LG Chem
Sabic
Teknor Apex
Zeon
LANXESS
3M
Huntsman
LyondellBasell
Sinopec
Kraton Performance Polymers Inc
Asahi Kasei
Global Automotive Elastomers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Elastomers market, Segment by Type:
Synthetic Automotive Elastomers
Thermoplastic Automotive Elastomers
Global Automotive Elastomers market, by Application
Tire
Non-tire
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Elastomers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Elastomers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Elastomers Market Overview
1.1 Automotive Elastomers Product Overview
1.2 Automotive Elastomers Market Segment by Type
1.2.1 Synthetic Automotive Elastomers
1.2.2 Thermoplastic Automotive Elastomers
1.3 Global Automotive Elastomers Market Size by Type
1.3.1 Global Automotive Elastomers Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Elastomers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Elastomers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Elastomers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Elastomers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Elastomers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Elastomers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Elastomers Sales Breakdown by Type (2018-2023)
2 Global Automotive Elastomers Market Competition by Company
2.1 Global Top Players by Automotive Elastomers Sales (2018-2023)
2.2 Global Top Players by Automotive Elastomers Revenue (2018-2023)
2.3 Global Top Players by Automotive Elastomers Price (2018-2023)
2.4 Global Top Manufacturers Automotive Elastomers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Elastomers Market Competitive Situation and Trends
2.5.1 Automotive Elastomers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Elastomers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Elastomers as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Elastomers Market
2.8 Key Manufacturers Automotive Elastomers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Elastomers Status and Outlook by Region
3.1 Global Automotive Elastomers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Elastomers Historic Market Size by Region
3.2.1 Global Automotive Elastomers Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Elastomers Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Elastomers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Elastomers Forecasted Market Size by Region
3.3.1 Global Automotive Elastomers Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Elastomers Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Elastomers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Elastomers by Application
4.1 Automotive Elastomers Market Segment by Application
4.1.1 Tire
4.1.2 Non-tire
4.2 Global Automotive Elastomers Market Size by Application
4.2.1 Global Automotive Elastomers Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Elastomers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Elastomers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Elastomers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Elastomers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Elastomers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Elastomers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Elastomers Sales Breakdown by Application (2018-2023)
5 North America Automotive Elastomers by Country
5.1 North America Automotive Elastomers Historic Market Size by Country
5.1.1 North America Automotive Elastomers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Elastomers Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Elastomers Sales in Value by Country (2018-2023)
5.2 North America Automotive Elastomers Forecasted Market Size by Country
5.2.1 North America Automotive Elastomers Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Elastomers Sales in Value by Country (2024-2029)
6 Europe Automotive Elastomers by Country
6.1 Europe Automotive Elastomers Historic Market Size by Country
6.1.1 Europe Automotive Elastomers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Elastomers Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Elastomers Sales in Value by Country (2018-2023)
6.2 Europe Automotive Elastomers Forecasted Market Size by Country
6.2.1 Europe Automotive Elastomers Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Elastomers Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Elastomers by Region
7.1 Asia-Pacific Automotive Elastomers Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Elastomers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Elastomers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Elastomers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Elastomers Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Elastomers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Elastomers Sales in Value by Region (2024-2029)
8 Latin America Automotive Elastomers by Country
8.1 Latin America Automotive Elastomers Historic Market Size by Country
8.1.1 Latin America Automotive Elastomers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Elastomers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Elastomers Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Elastomers Forecasted Market Size by Country
8.2.1 Latin America Automotive Elastomers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Elastomers Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Elastomers by Country
9.1 Middle East and Africa Automotive Elastomers Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Elastomers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Elastomers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Elastomers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Elastomers Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Elastomers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Elastomers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DowDupont
10.1.1 DowDupont Company Information
10.1.2 DowDupont Introduction and Business Overview
10.1.3 DowDupont Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DowDupont Automotive Elastomers Products Offered
10.1.5 DowDupont Recent Development
10.2 Exxonmobil
10.2.1 Exxonmobil Company Information
10.2.2 Exxonmobil Introduction and Business Overview
10.2.3 Exxonmobil Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Exxonmobil Automotive Elastomers Products Offered
10.2.5 Exxonmobil Recent Development
10.3 JSR
10.3.1 JSR Company Information
10.3.2 JSR Introduction and Business Overview
10.3.3 JSR Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 JSR Automotive Elastomers Products Offered
10.3.5 JSR Recent Development
10.4 BASF
10.4.1 BASF Company Information
10.4.2 BASF Introduction and Business Overview
10.4.3 BASF Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BASF Automotive Elastomers Products Offered
10.4.5 BASF Recent Development
10.5 LG Chem
10.5.1 LG Chem Company Information
10.5.2 LG Chem Introduction and Business Overview
10.5.3 LG Chem Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 LG Chem Automotive Elastomers Products Offered
10.5.5 LG Chem Recent Development
10.6 Sabic
10.6.1 Sabic Company Information
10.6.2 Sabic Introduction and Business Overview
10.6.3 Sabic Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sabic Automotive Elastomers Products Offered
10.6.5 Sabic Recent Development
10.7 Teknor Apex
10.7.1 Teknor Apex Company Information
10.7.2 Teknor Apex Introduction and Business Overview
10.7.3 Teknor Apex Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Teknor Apex Automotive Elastomers Products Offered
10.7.5 Teknor Apex Recent Development
10.8 Zeon
10.8.1 Zeon Company Information
10.8.2 Zeon Introduction and Business Overview
10.8.3 Zeon Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zeon Automotive Elastomers Products Offered
10.8.5 Zeon Recent Development
10.9 LANXESS
10.9.1 LANXESS Company Information
10.9.2 LANXESS Introduction and Business Overview
10.9.3 LANXESS Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 LANXESS Automotive Elastomers Products Offered
10.9.5 LANXESS Recent Development
10.10 3M
10.10.1 3M Company Information
10.10.2 3M Introduction and Business Overview
10.10.3 3M Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 3M Automotive Elastomers Products Offered
10.10.5 3M Recent Development
10.11 Huntsman
10.11.1 Huntsman Company Information
10.11.2 Huntsman Introduction and Business Overview
10.11.3 Huntsman Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Huntsman Automotive Elastomers Products Offered
10.11.5 Huntsman Recent Development
10.12 LyondellBasell
10.12.1 LyondellBasell Company Information
10.12.2 LyondellBasell Introduction and Business Overview
10.12.3 LyondellBasell Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 LyondellBasell Automotive Elastomers Products Offered
10.12.5 LyondellBasell Recent Development
10.13 Sinopec
10.13.1 Sinopec Company Information
10.13.2 Sinopec Introduction and Business Overview
10.13.3 Sinopec Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Sinopec Automotive Elastomers Products Offered
10.13.5 Sinopec Recent Development
10.14 Kraton Performance Polymers Inc
10.14.1 Kraton Performance Polymers Inc Company Information
10.14.2 Kraton Performance Polymers Inc Introduction and Business Overview
10.14.3 Kraton Performance Polymers Inc Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Kraton Performance Polymers Inc Automotive Elastomers Products Offered
10.14.5 Kraton Performance Polymers Inc Recent Development
10.15 Asahi Kasei
10.15.1 Asahi Kasei Company Information
10.15.2 Asahi Kasei Introduction and Business Overview
10.15.3 Asahi Kasei Automotive Elastomers Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Asahi Kasei Automotive Elastomers Products Offered
10.15.5 Asahi Kasei Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Elastomers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Elastomers Industrial Chain Analysis
11.4 Automotive Elastomers Market Dynamics
11.4.1 Automotive Elastomers Industry Trends
11.4.2 Automotive Elastomers Market Drivers
11.4.3 Automotive Elastomers Market Challenges
11.4.4 Automotive Elastomers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Elastomers Distributors
12.3 Automotive Elastomers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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