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Automotive Elastomers Market by Type (Natural Rubber, SBR, Nitrile Elastomer, EPDM, Silicone Rubber, Fluoroelastomer, Styrene Block Copolymers, TPU, TPO, TPV, TPC), Application (Tire and Non-Tire), and Region - Global Forecast to 2022<br>
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Automotive Elastomers Market by Type (Natural Rubber, SBR, Nitrile Elastomer, EPDM, Silicone Rubber, Fluoroelastomer, Styrene Block Copolymers, TPU, TPO, TPV, TPC), Application (Tire and Non-Tire), and Region - Global Forecast to 2022 Speak To Analyst
Automotive Elastomers Market size was USD 44.25 Billion in 2016 and is projected to reach USD 58.82 Billion by 2022, at a CAGR of 5.0% between 2017 and 2022. The base year considered for the study is 2016, while the forecast period is between 2017 and 2022. The automotive elastomers market is driven due to the increasing lightweight vehicles, stringent regulatory environment, and rising demand in emerging nations.
The objectives of this study are: • To analyze and forecast the size of the automotive elastomers market, in terms of both, volume and value • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To define, describe, and forecast the market by type and application. To forecast the market size in terms of value and volume of segments with respect to five key regions namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America REQUEST BUNDLE REPORTS
Key Target Audience: • Manufacturers of Automotive Elastomer Materials • Original Equipment Manufacturers • Automotive and Transportation Manufacturers • Traders, Distributors, and Suppliers of Automotive Elastomers • Regional Manufacturers Associations and General Automotive Elastomer Associations • Government and Regional Agencies and Research Organizations • Investment Research Firms
The objectives of this study are: The global size of the automotive elastomers market was USD 46.13 Billion in 2017 and is projected to reach USD 58.82 Billion by 2022, at a CAGR of 5.0% between 2017 and 2022. The automotive elastomers market has witnessed significant growth in recent years, due to the excellent properties of automotive elastomers, such as heat resistance, weathering and ozone resistance, flexibility, durability, aging resistance, variety, chemical resistance, and oil & gas resistance. The superior properties of automotive elastomers over traditional rubber drive the global automotive elastomers market. Download PDF Brochure
Arlenxeo (The Netherlands), Dow (US), ExxonMobil (US), JSR Corporation (Japan), DuPont (US) are the key companies in the automotive elastomers market. Targeting new markets will enable automotive elastomer manufacturers to overcome the effects of volatile economies, leading to diversified business portfolios and increase in revenue. • Other major manufacturers of automotive elastomers are BASF (Germany), LG Chem (South Korea), SABIC (Saudi Arabia), Teknor Apex (US), and Zeon Corporation (Japan). GET 10% FREE CUSTOMIZATION ON THIS REPORT !!!
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