Elastomers Market - Forecast(2022 - 2027)

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Elastomers Market - Forecast(2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report (2022 - 2027)
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• Elastomers Market size is forecast to reach
  78,699.56 million by 2025, after growing at a
  CAGR of 5.33 during 2020-2025.
• Elastomers are witnessing high demand from the
  automotive industry on account of rising need for
  high-performance and lightweight materials in
  vehicle production.
• The thermoset elastomer segment held the largest
  share in the elastomers market in 2019.

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Key Takeaways

• Asia-Pacific dominates the global elastomers
  market, owing to increasing automotive production
  in the region. According to OICA, the production
  of light commercial vehicles has increased by
  10.2 in 2018 in the APAC region.
• Elastomers demand in consumer goods market is
  increasing continuously owning to its excellent
  physical properties, such as high flexibility,
  low weight, good printability, enormously robust,
  excellent temperature resistance, high surface
  quality, high impact strength, and so on.

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• By Distribution Channel- Segment Analysis
• The automotive segment held the largest share in
  the elastomer market in 2019 and is growing at a
  CAGR of 4.64 in terms of revenue from 2020 to
  2025.
• The market for elastomers in the automotive
  industry is mainly driven by its excellent
  physical properties, such as durability, impact
  resistance, low weight, elasticity, softness,
  strength, superior optics, enhanced thermal
  resistance, thermal stability, adhesive
  properties and improved vehicle safety.

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• Elastomers Market Outlook 
• JSR Corporation
• BASF SE 
• Zeon Corporation
• Celanese Corporation
• PJSC Nizhnekamskneftekhim
• E.I. DuPont De Nemours and Company
• Wanhua Chemical Group Co., Ltd
• Lanxess AG

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Elastomers Market - Forecast(2022 - 2027) Learn
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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  /purchasereport.php?id18133

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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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