Global Automotive Elastomers Market by Application, Type – Opportunity Analysis and Industry Forecast 2019-2027

This market research report provides a big picture on “Automotive Elastomers Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “Automotive Elastomers Market’s hike in terms of revenue.

Elastomers are used as a substitute to rubber and comprise of materials that range from thermoset rubber polymers to high-performance fluoroelastomers to for automotive applications. These are substituting polymers that are used in high temperature as well as aggressive chemical environments. It includes the requisite for durability, reliability, sealing, and flexibility in automotive applications. The material is considered for its flexibility property.

The rising adoption of automotive elastomers along with considerable growth of the automotive industry is expected to fuel the automotive elastomers market growth. Several tier1 automotive component suppliers are preferring to use elastomers with an aim to downsize the size and weight of their products, which is another factor influencing the automotive elastomers market growth. Also, the increasing emphasis to reduce carbon emissions as well as fuel consumption by reducing engine size is propelling the automotive elastomers market growth. It also helps in achieving higher horsepower along with helping vehicles to resist extremely high temperature and chemical attack.

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Top Leading Market Players:

  1. BASF SE
  2. Dow Chemical Company
  3. I. du Pont de Nemours and Company
  4. Exxon Mobil Corporation
  5. JSR Corporation
  6. LG Chem
  7. Mitsubishi Chemical Corporation
  8. SABIC
  9. Teknor Apex
  10. Zeon Corporation

The global automotive elastomers market is segmented on the basis of type and application. Based on the type, the market is segmented into natural rubber, synthetic elastomers, and thermoplastic elastomer. The synthetic elastomers is further sub-segmented into ethylene propylene diene monomer, nitrile butadiene rubber, neoprene rubber, styrene butadiene rubber, fluoroelastomer, silicone rubber, and others. Also, thermoplastic elastomer is sub-segmented into thermoplastic polyolefin, thermoplastic polyurethanes, thermoplastic vulcanizates, styrene block copolymer, copolyester ether, poly ether block amide, and others. The application segmented of automotive elastomers is classified into tire and non-tire. The non-tire segmented is sub-segmented into seat backs, window and door trim, airbags, cowl panels, anti-slip mats, and others.

Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Elastomers Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The report assists in determining and analyzing the Key market players’ portfolios with information such as company profiles, components and services offered, financial information of last 3 years, key developments in past five years and helps in constructing strategies to gain competitive advantage. The market payers from Automotive Elastomers Market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Elastomers in the global market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive elastomers market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The automotive elastomers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the automotive elastomers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the automotive elastomers market in these regions.

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Answers that the Report Acknowledges:

  • Market size and growth rate during forecast period.
  • Key factors driving the Automotive Elastomers Market.
  • Key market trends cracking up the growth of the Automotive Elastomers Market.
  • Challenges to market growth.
  • Key vendors of Automotive Elastomers Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Automotive Elastomers Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

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Posted by on Tuesday September 24 2019, 6:01 AM EST. All trademarks acknowledged. Filed under Automotive & Transportation, Chemicals & Materials, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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