Elastomers Market Size, Share, and Trends 2024 to 2034

The global elastomers market size is accounted at USD 109.59 billion in 2025 and is forecasted to hit around USD 175.02 billion by 2034, representing a CAGR of 5.34% from 2025 to 2034. The Asia Pacific elastomers market size was estimated at USD 44.73 billion in 2024 and is expanding at a CAGR of 5.46% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : September 2023
  • Report Code : 1772
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Elastomers Market 

5.1. COVID-19 Landscape: Elastomers Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Elastomers Market, By Product

8.1. Elastomers Market, by Product

8.1.1. Thermoplastics

8.1.1.1. Market Revenue and Forecast

8.1.2. Thermosets

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Elastomers Market, By Type

9.1. Elastomers Market, by Type e

9.1.1. General Purpose

9.1.1.1. Market Revenue and Forecast

9.1.2. Specialty Elastomers

9.1.2.1. Market Revenue and Forecast

9.1.3. Thermoplastic Elastomer

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Elastomers Market, By Application 

10.1. Elastomers Market, by Application

10.1.1. Consumer goods

10.1.1.1. Market Revenue and Forecast

10.1.2. Medical

10.1.2.1. Market Revenue and Forecast

10.1.3. Industrial

10.1.3.1. Market Revenue and Forecast

10.1.4. Automotive

10.1.4.1. Market Revenue and Forecast

10.1.5. Sports

10.1.5.1. Market Revenue and Forecast

10.1.6. Electronics

10.1.6.1. Market Revenue and Forecast

Chapter 11. Global Elastomers Market, By Process 

11.1. Elastomers Market, by Process

11.1.1. Extrusion

11.1.1.1. Market Revenue and Forecast

11.1.2. Injection Moulding

11.1.2.1. Market Revenue and Forecast

11.1.3. Blow Moulding

11.1.3.1. Market Revenue and Forecast

11.1.4. Compression Moulding

11.1.4.1. Market Revenue and Forecast

11.1.5. Others

11.1.5.1. Market Revenue and Forecast

Chapter 12. Global Elastomers Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Product

12.1.2. Market Revenue and Forecast, by Type

12.1.3. Market Revenue and Forecast, by Application

12.1.4. Market Revenue and Forecast, by Process

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Product

12.1.5.2. Market Revenue and Forecast, by Type

12.1.5.3. Market Revenue and Forecast, by Application

12.1.5.4. Market Revenue and Forecast, by Process

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Product

12.1.6.2. Market Revenue and Forecast, by Type

12.1.6.3. Market Revenue and Forecast, by Application

12.1.6.4. Market Revenue and Forecast, by Process

12.2. Europe

12.2.1. Market Revenue and Forecast, by Product

12.2.2. Market Revenue and Forecast, by Type

12.2.3. Market Revenue and Forecast, by Application

12.2.4. Market Revenue and Forecast, by Process

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Product

12.2.5.2. Market Revenue and Forecast, by Type

12.2.5.3. Market Revenue and Forecast, by Application

12.2.5.4. Market Revenue and Forecast, by Process

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Product

12.2.6.2. Market Revenue and Forecast, by Type

12.2.6.3. Market Revenue and Forecast, by Application

12.2.6.4. Market Revenue and Forecast, by Process

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Product

12.2.7.2. Market Revenue and Forecast, by Type

12.2.7.3. Market Revenue and Forecast, by Application

12.2.7.4. Market Revenue and Forecast, by Process

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Product

12.2.8.2. Market Revenue and Forecast, by Type

12.2.8.3. Market Revenue and Forecast, by Application

12.2.8.4. Market Revenue and Forecast, by Process

12.3. APAC

12.3.1. Market Revenue and Forecast, by Product

12.3.2. Market Revenue and Forecast, by Type

12.3.3. Market Revenue and Forecast, by Application

12.3.4. Market Revenue and Forecast, by Process

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Product

12.3.5.2. Market Revenue and Forecast, by Type

12.3.5.3. Market Revenue and Forecast, by Application

12.3.5.4. Market Revenue and Forecast, by Process

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Product

12.3.6.2. Market Revenue and Forecast, by Type

12.3.6.3. Market Revenue and Forecast, by Application

12.3.6.4. Market Revenue and Forecast, by Process

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Product

12.3.7.2. Market Revenue and Forecast, by Type

12.3.7.3. Market Revenue and Forecast, by Application

12.3.7.4. Market Revenue and Forecast, by Process

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Product

12.3.8.2. Market Revenue and Forecast, by Type

12.3.8.3. Market Revenue and Forecast, by Application

12.3.8.4. Market Revenue and Forecast, by Process

12.4. MEA

12.4.1. Market Revenue and Forecast, by Product

12.4.2. Market Revenue and Forecast, by Type

12.4.3. Market Revenue and Forecast, by Application

12.4.4. Market Revenue and Forecast, by Process

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Product

12.4.5.2. Market Revenue and Forecast, by Type

12.4.5.3. Market Revenue and Forecast, by Application

12.4.5.4. Market Revenue and Forecast, by Process

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Product

12.4.6.2. Market Revenue and Forecast, by Type

12.4.6.3. Market Revenue and Forecast, by Application

12.4.6.4. Market Revenue and Forecast, by Process

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Product

12.4.7.2. Market Revenue and Forecast, by Type

12.4.7.3. Market Revenue and Forecast, by Application

12.4.7.4. Market Revenue and Forecast, by Process

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Product

12.4.8.2. Market Revenue and Forecast, by Type

12.4.8.3. Market Revenue and Forecast, by Application

12.4.8.4. Market Revenue and Forecast, by Process

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Product

12.5.2. Market Revenue and Forecast, by Type

12.5.3. Market Revenue and Forecast, by Application

12.5.4. Market Revenue and Forecast, by Process

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Product

12.5.5.2. Market Revenue and Forecast, by Type

12.5.5.3. Market Revenue and Forecast, by Application

12.5.5.4. Market Revenue and Forecast, by Process

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Product

12.5.6.2. Market Revenue and Forecast, by Type

12.5.6.3. Market Revenue and Forecast, by Application

12.5.6.4. Market Revenue and Forecast, by Process

Chapter 13. Company Profiles

13.1. BASF SE (Germany)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. E. I. du Pont de Nemours and Company (U.S.)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Lanxess AG (Germany)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. The Dow Chemical Company (U.S.)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. JSR Corporation (Japan)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global elastomers market size was reached at USD 104.03 billion in 2024 and it is anticipated to rake around USD 175.02 billion by 2034.

The global elastomers market is expected to drive growth at a CAGR of5.34% during the forecast period 2025 to 2034.

The major players operating in the elastomers market are BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Lanxess AG (Germany), The Dow Chemical Company (U.S.), JSR Corporation (Japan).

The demand for elastomers is increasing for the heating, ventilation and air conditioning industry. The demand for elastomers is increasing for producing the construction industry materials like the coatings, tubes, adhesives and all the other materials are driving the market growth.

Asia Pacific region will lead the global elastomers market over the next ten years.

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