Automotive Elastomers Market 2019 | Precise Study on Factors, Drivers and Key Players Strategies Analyzed Till 2023 - PowerPoint PPT Presentation

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Automotive Elastomers Market 2019 | Precise Study on Factors, Drivers and Key Players Strategies Analyzed Till 2023

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Global Automotive Elastomers market is set to increase from USD 31,763.25 Mn in 2016 to USD 45,618.21 Mn in 2023. Speedy urbanization and industrialization in countries such as China, India, Indonesia, Mexico and Brazil has favored the growth of the market in recent years – PowerPoint PPT presentation

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Title: Automotive Elastomers Market 2019 | Precise Study on Factors, Drivers and Key Players Strategies Analyzed Till 2023


1
Automotive Elastomers Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Automotive Elastomers Market Research Report-
Forecast to 2023
Automotive Elastomers Market - Overview
Automotive Elastomers are produced by
cross-linking of carbon, hydrogen and oxygen
atoms which offers significant properties such as
excellent flexibility, elongation, and durable
nature to the finished material. Moreover, they
also provide versatility and reliability to the
product. The Global Automotive Elastomers Market
has been driven by the range of its application
in various sectors such as automotive,
construction, aviation, footwear, electrical
electronics and others. Moreover, it is estimated
that the construction segment is set to witness
the highest growth in the market due to the
growing consumption of thermoplastic materials in
the sector over the forecast period. Market
Scenario The natural rubber segment is the most
widely used type in the market due to its growing
consumption in heavy end-use industries such as
automotive, electrical electronics, footwear,
and others. Moreover, it is estimated that this
segment is set to grow at a rapid rate in the
market due to strength and durable nature offered
by the product. The tire application is the
leading segment in the market on account of
growing consumption of low density elastomers in
the product. These materials provide unique
elasticity, elongation and tensile strength to
the finished material. The automotive sector is
the leading segment in the market and is
anticipated to observe a higher CAGR due to an
increased demand for low density materials in
various applications. These materials are used to
improve the performance, efficiency of the
engines and systems. Moreover, excellent
flexibility, mechanical properties, elasticity,
and others are some of the properties offered by
these polymers in the industry.
3
Automotive Elastomers Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Automotive Elastomers Market is
segregated into the Type, Application and
End-Use. On the Basis of the Type, the market is
further categorized into natural rubber, styrene
butadiene rubber, nitrile elastomer, ethylene
propylene diene monomer, silicone rubber,
fluoroelastomers, styrene block copolymers,
thermoplastic polyurethane (TPU), thermoplastic
vulcanizates (TPV), and thermoplastic polyester
elastomer (TPC) segments. On the Basis of
Application, the market is segmented into tire
and non-tire segments. On the Basis of
Application, the market is classified into
automotive, construction, aviation, footwear,
electrical electronics, and others. Get
Complete Report _at_ https//www.marketresearchfuture
.com/reports/automotive-elastomers-market-4992
4
Automotive Elastomers Market Research Report-
Forecast to 2023
Regional Outlook
The Global Automotive Elastomers Market is
spanned across five key regions Asia Pacific,
North America, Europe, Latin America, and the
Middle East Africa. Among these, Asia Pacific
holds the major portion of the global market and
is anticipated to continue its dominance due to
rising demand for thermoplastic materials in
various applications. Countries such as China,
Japan and India are the major players in this
region. The North America region is estimated to
witness a higher growth in the U.S., Canada and
Mexico owing to increasing demand for lightweight
materials in automotive, construction, aviation,
electrical electronics, and others. The
enactment of new rules and regulations set by the
European Union has driven the manufacturers to
use efficient and high performance materials in
the end-use industries. Moreover, it is projected
that the advancing research development of
thermoplastic materials in the market has
propelled this region to witness a significant
growth in Germany, the U.K and Italy. The Middle
East Africa is estimated to observe a
significant growth due to increasing consumption
of low density materials in aviation, industrial,
medical, and others. Additionally, the growing
demand for elastic and resilience materials is
projected to boost the market in the Latin
American region.
5
Automotive Elastomers Market Research Report-
Forecast to 2023
Major Players in this Research
  • Automotive Elastomers Market Prominent Players
  • BASF SE
  • Teknor Apex Company, Inc.
  • The Dow Chemical Company
  • Mitsui Chemicals, Inc.
  • Kuraray Co., Ltd.
  • Solvay
  • Sumitomo Chemical Co., Ltd.
  • Kraiburg TEP GmbH Co. Kg
  • Exxon Mobil Corp.
  • LG Chem Ltd.
  • Saudi Basic Industries Corporation
  • Nizhnekamskneftekhim PJSC
  • ARLANXEO, Versalis S.p.A, and Kuraray Co., Ltd.

Get Free Sample Copy _at_ https//www.marketresearchf
uture.com/sample_request/4992
6
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MARKET RESEARCH FUTURE At Market Research Future
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info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
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7
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