Market Overview:
The global performance elastomer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-performance thermoplastic elastomers (TPEs) in automotive and industrial applications. In terms of volume, the automotive segment is expected to account for the largest share of the global performance elastomer market in 2018. Asia Pacific is expected to be the fastest-growing region during the forecast period. The global performance elastomer market by type is segmented into acrylic elastomers, epichlorohydrin elastomers, ethylene vinyl elastomers, fluoroelastomers, silicone elasotmers and high-performance thermoplastic Elasotmers (TPEs). The acrylic Elasotmers segment accounted for majority share of total volume consumed in 2017 and it is projected that this trend would continue over forecast period as well on account on its properties such as good chemical resistance and low temperature flexibility which are demanded by various industries such as automotive & transportation, electrical & electronics etcetera . On basis application wise industrial sector dominated with highest revenue share followed by Electricals& Electronics sector globally due rising demand from these sectors across globe respectively .
Product Definition:
A performance elastomer is a material that has been specifically designed for use in high-performance applications. These materials can be used in a variety of industries, including automotive, aerospace, and medical. They are often characterized by their high strength and durability, as well as their ability to withstand extreme temperatures and harsh environments.
Acrylic Elastomers:
Acrylic elastomers are thermoplastic polymers with low-temperature elasticity. They have a strong resistance to heat, chemicals, and solvents. Acrylic elastomers are used in various end-use industries including automotive & transportation and building & construction owing to their excellent mechanical properties, such as high tensile strength and impact resistance.
Epichlorohydrin Elastomers:
Epichlorohydrin (ECH) elastomers are cross-linked polymeric materials that contain at least one epoxy group. They have a broad range of temperature, durability and chemical resistance as well as good processability. The product is expected to gain traction in the market owing to its excellent performance properties such as high tear strength, low water absorption and tensile modulus when compared with other conventional rubber types.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The global performance elastomer market for automotive applications was valued at USD 1,252.5 million in 2017 and is projected to reach more than USD 2,295.0 million by 2030, growing at a CAGR of XX% from 2018 to 2030 owing to increasing demand for lightweight materials with superior properties such as high-temperature stability and flexibility coupled with low cost of production making them competitive against traditional plastics used in vehicle components such as interior & exterior parts along with engine components which are made using metal & plastic respectively.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major automobile manufacturers such as Ford and General Motors. The region is expected to witness moderate growth over the forecast period, with automotive performance elastomers accounting for a significant share.
The U.S.-based companies are involved in extensive R&D activities that aim at developing innovative high-performance thermoplastic polymers with superior properties such as low moisture absorption, high chemical resistance, and excellent thermal stability. This has resulted in increased product adoption across several industries including automotive, construction & housing, industrial machinery & equipment among others over the past few years.
Europe accounted for a significant share of revenue on account of rising demand from key application sectors including healthcare.
Growth Factors:
- Increasing demand from the automotive industry for performance elastomers in order to improve fuel efficiency and reduce emissions.
- Growing demand for medical devices and implants made from performance elastomers, due to their biocompatibility and durability.
- Rising popularity of wearable technology, which requires lightweight, flexible materials that can be easily molded into different shapes.
- Increased investment in research and development by leading players in the performance elastomer market, to develop new products and applications for these materials.
- Rapid growth of the Asia-Pacific region as a manufacturing hub for high-quality performance elastomers, owing to its low production costs and growing consumer base
Scope Of The Report
Report Attributes
Report Details
Report Title
Performance Elastomer Market Research Report
By Type
Acrylic Elastomers, Epichlorohydrin Elastomers, Ethylene Vinyl Elastomers, Fluoroelastomers, Silicone Elastomers, High-Performance Thermoplastic Elastomers
By Application
Automotive, Industrial, Electrical & Electronics, Healthcare
By Companies
DuPont, Lanxess, Lubrizol, Zeon Chemicals, LG Chemical, Versalis, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Performance Elastomer Market Report Segments:
The global Performance Elastomer market is segmented on the basis of:
Types
Acrylic Elastomers, Epichlorohydrin Elastomers, Ethylene Vinyl Elastomers, Fluoroelastomers, Silicone Elastomers, High-Performance Thermoplastic Elastomers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial, Electrical & Electronics, Healthcare
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Lanxess
- Lubrizol
- Zeon Chemicals
- LG Chemical
- Versalis
- ...
Highlights of The Performance Elastomer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Elastomers
- Epichlorohydrin Elastomers
- Ethylene Vinyl Elastomers
- Fluoroelastomers
- Silicone Elastomers
- High-Performance Thermoplastic Elastomers
- By Application:
- Automotive
- Industrial
- Electrical & Electronics
- Healthcare
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Performance Elastomer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Performance Elastomer is a type of elastomer that has excellent performance characteristics, including high resilience, low temperature flexibility and good chemical resistance. These properties make Performance Elastomers ideal for applications where durability and performance are critical, such as seals in gas turbines and compressors, oil pipelines, automotive parts and medical devices.
Some of the major companies in the performance elastomer market are DuPont, Lanxess, Lubrizol, Zeon Chemicals, LG Chemical, Versalis.
The performance elastomer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Performance Elastomer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Performance Elastomer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Performance Elastomer Market - Supply Chain
4.5. Global Performance Elastomer Market Forecast
4.5.1. Performance Elastomer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Performance Elastomer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Performance Elastomer Market Absolute $ Opportunity
5. Global Performance Elastomer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Performance Elastomer Market Size and Volume Forecast by Type
5.3.1. Acrylic Elastomers
5.3.2. Epichlorohydrin Elastomers
5.3.3. Ethylene Vinyl Elastomers
5.3.4. Fluoroelastomers
5.3.5. Silicone Elastomers
5.3.6. High-Performance Thermoplastic Elastomers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Performance Elastomer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Performance Elastomer Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial
6.3.3. Electrical & Electronics
6.3.4. Healthcare
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Performance Elastomer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Performance Elastomer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Performance Elastomer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Performance Elastomer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Performance Elastomer Demand Share Forecast, 2019-2029
9. North America Performance Elastomer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Performance Elastomer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Performance Elastomer Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial
9.4.3. Electrical & Electronics
9.4.4. Healthcare
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Performance Elastomer Market Size and Volume Forecast by Type
9.7.1. Acrylic Elastomers
9.7.2. Epichlorohydrin Elastomers
9.7.3. Ethylene Vinyl Elastomers
9.7.4. Fluoroelastomers
9.7.5. Silicone Elastomers
9.7.6. High-Performance Thermoplastic Elastomers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Performance Elastomer Demand Share Forecast, 2019-2029
10. Latin America Performance Elastomer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Performance Elastomer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Performance Elastomer Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial
10.4.3. Electrical & Electronics
10.4.4. Healthcare
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Performance Elastomer Market Size and Volume Forecast by Type
10.7.1. Acrylic Elastomers
10.7.2. Epichlorohydrin Elastomers
10.7.3. Ethylene Vinyl Elastomers
10.7.4. Fluoroelastomers
10.7.5. Silicone Elastomers
10.7.6. High-Performance Thermoplastic Elastomers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Performance Elastomer Demand Share Forecast, 2019-2029
11. Europe Performance Elastomer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Performance Elastomer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Performance Elastomer Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial
11.4.3. Electrical & Electronics
11.4.4. Healthcare
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Performance Elastomer Market Size and Volume Forecast by Type
11.7.1. Acrylic Elastomers
11.7.2. Epichlorohydrin Elastomers
11.7.3. Ethylene Vinyl Elstomers
11.7.4. Fluoroelastomers
11.7.5. Silicone Elastomers
11.7.6. High-Performance Thermoplastic Elastomers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Performance Elastomer Demand Share, 2019-2029
12. Asia Pacific Performance Elastomer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Performance Elastomer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Performance Elastomer Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial
12.4.3. Electrical & Electronics
12.4.4. Healthcare
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Performance Elastomer Market Size and Volume Forecast by Type
12.7.1. Acrylic Elastomers
12.7.2. Epichlorohydrin Elastomers
12.7.3. Ethylene Vinyl Elastomers
12.7.4. Fluoroelastomers
12.7.5. Silicone Elastomers
12.7.6. High-Performance Thermoplastic Elastomers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Performance Elastomer Demand Share, 2019-2029
13. Middle East & Africa Performance Elastomer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Performance Elastomer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Performance Elastomer Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial
13.4.3. Electrical & Electronics
13.4.4. Healthcare
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Performance Elastomer Market Size and Volume Forecast by Type
13.7.1. Acrylic Elastomers
13.7.2. Epichlorohydrin Elastomers
13.7.3. Ethylene Vinyl Elastomers
13.7.4. Fluoroelastomers
13.7.5. Silicone Elastomers
13.7.6. High-Performance Thermoplastic Elastomers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Performance Elastomer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Performance Elastomer Market: Market Share Analysis
14.2. Performance Elastomer Distributors and Customers
14.3. Performance Elastomer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DuPont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lanxess
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lubrizol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zeon Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Versalis
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
