Automotive Elastomers Market Size & Share, by Type (Synthetic Elastomers, Thermoplastic Elastomers); Application (Tire, Exterior Application, Interior Application, Under the Hood, Weather Seal Application) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 311
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Automotive Elastomers Landscape

    • ·Huntsman International LLC
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
    • The Dow Chemical Company
    • BASF SE
    • Exxon Mobil Corporation
    • E. I. du Pont de Nemours and Company
    • Motherson Automotive Elastomer Technology
      Covestro AG
    • Kuraray Elastomer Division
    • Continental AG

Browse Key Market Insights with Data Illustration:


In The News

  •  Continental AG has strengthened its position in China as one of the top tire original equipment manufacturers. For the first half of 2022, Continental tires were ranked first in terms of OE fitments by "China Tire Dealer"

  •  Huntsman International LLC has announced the acquisition of Gabriel Performance Products from Audax Private Equity funds, a manufacturer of specialty additives and epoxy curing agents for coatings, adhesives, sealants, and composites in North America.

Author Credits:  Harshita Srivastava, Saima Khursheed

  • Report ID: 311
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapid expansion of automobile industry, increased demand and adoption of fuel-efficient vehicles, and ongoing trend of electrification of vehicle are the major factors driving the growth of the automotive elastomers market.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2033.

High cost of the elastomer and fluctuating price of raw material for thermoplastic elastomers are the challenges affecting the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Huntsman International LLC, The Dow Chemical Company, LANXESS, BASF SE, Exxon Mobil Corporation, E. I. du Pont de Nemours and Company, Motherson Automotive Elastomer Technology, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, and, by region.

The tire segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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