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Report
Elastomers: Applications and Global Markets
Market Research Report I 2025-12-03 I 153 Pages I BCC Research
Description
Report Scope
The report details the various types, processes and end uses of elastomers. Estimated values are based on manufacturers' total revenue. Projected revenue values are in constant U.S. dollars and are unadjusted for inflation. The report also contains comprehensive information about elastomers and their users.
The global elastomers market is segmented into the following categories:
- By type (thermosets and thermoplastics).
- By process (injection molding, extrusion, adhesive, coating and others).
- By end use (automotive, industrial, medical, consumer goods, building and construction and others).
- By region (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa).
Report Includes
- 117 data tables and 43 additional tables
- Overview and an analysis of the global market for elastomers
- In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2029. This analysis includes projections of compound annual growth rates (CAGRs) through 2030
- Evaluation of the current market size and revenue growth prospects specific to the elastomers, accompanied by a market share analysis by type, process, end user and region
- Analysis of current and future demand in the elastomers market, along with a detailed analysis of the competitive environment, market regulations and reimbursement practices
- Analysis of drivers, challenges and opportunities affecting market growth
- Insights derived from Porter's Five Forces model, as well as global supply chain analysis
- Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, new product pipeline, regulatory framework and reimbursement scenarios
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, as well as the ESG risk ratings and practices of leading companies
- Market share analysis of the key market participants in the elastomers industry, along with their research priorities, product portfolios, global rankings and company competitive landscape
- Profiles of the leading companies, including BASF SE, Dow, LG Chem, Covestro AG and Arkema
Executive Summary
Summary:
The global market for elastomers was valued at $112.7 billion in 2024. The market is projected to grow from $120.4 billion in 2025 to reach $177.7 billion by 2030, at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2030.
Increased production of lightweight automotive components, EVs, medical and consumer electronics and industrial goods offers novel prospects for elastomer manufacturing industries. Technological advances in medical practices, automobiles, consumer electronics, 3D printing and manufacturing techniques are also creating new opportunities for elastomers. For instance, using lightweight elastomers directly supports automakers' sustainability objectives by reducing fuel consumption and battery drain. Increased application and scientific research into elastomers for aerospace, aircraft, passenger vehicles, EVs, rails, ships, electric buses and lightweight commercial vehicles are creating new
business opportunities for the manufacturing industry in developing nations.
Market Dynamics and Growth Factors
Advanced medical treatments and the need for biocompatible, flexible rubber drive demand for elastomers globally. Elastomer manufacturers are creating product lines in response to demand for medical devices. Biocompatible elastomers are used in the production of electrocardiography (ECG) sensors, implantable smart patches, disposable medical devices, catheter balloons, vascular grafts, IV tubes, drainage catheters and endotracheal tubes.
Demand for EVs and lightweight commercial and passenger vehicles is also impacting the elastomers market positively. Elastomers can replace some metal and ceramic compounds in vehicles, which helps manufacturers reduce their carbon footprint and meet sustainability goals.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Market Dynamics and Growth Factors
Emerging Technologies
Trends and Developments
Segmental Analysis
Regional and Emerging Markets
Conclusion
Chapter 2 Market Overview
Market Definition
Factors Affecting Choice in the Elastomers Market
Importance of Elastomers
Chapter 3 Market Dynamics
Key Takeaways
Market Dynamics Snapshot
Drivers
Demand for Biocompatible Elastomers in the Medical Industry
Demand for EVs and Lightweight Automotive Components
Restraints
Technical Complexity
Recycling and Repairability Issues
Opportunities
Demand for Castor Oil Plant-based Elastomers
Use of Elastomers in 3D Printing Technology
Challenges
Stringent Environmental Regulations on Plastics Consumption
Volatility in Raw Material Prices
Chapter 4 Emerging Technologies and Developments
Key Takeaways
Newest Technology
Evolution of Vitrimers Polymers Technology
Development of Polyolefin Catalyst
AI Systems for TPPU Production
Chapter 5 Supply Chain Analysis of the Global Elastomers Markets
Supply Chain Analysis of Global Elastomers Markets
Manufacturers
Sales
Chapter 6 Market Segmentation Analysis
Key Takeaways
Segmentation Breakdown
Market Analysis by Type
Thermosets
Thermoplastics
Market Analysis by Process
Injection Molding
Extrusion
Adhesive
Coating
Others
Market Analysis by End Use
Automotive
Industrial
Medical
Consumer Goods
Building and Construction
Others
Geographic Breakdown
Key Takeaways
Market Analysis by Region
North America
Asia-Pacific
Europe
South America
Middle East and Africa
Chapter 7 Competitive Intelligence
Industry Structure
Elastomers Market: Company Share Analysis
Strategic Analysis
Chapter 8 Sustainability in Elastomers: ESG Perspective
Importance of ESG in the Elastomers Market
ESG Practices in the Elastomers Market
Current Status of ESG
Risk Scale, Exposure Scale and Management Scale
Future of ESG: Emerging Trends and Opportunities
Concluding Remarks
Chapter 9 Appendix
Methodology
Information Sources
References
Abbreviations
Company Profile
ARKEMA
ASAHI KASEI CORP.
BASF
COVESTRO AG
DOW
DUPONT
EVONIK INDUSTRIES AG
EXXON MOBIL CORP.
HUNTSMAN INTERNATIONAL LLC.
INNOVATIVE SILICONES
LANXESS
LG CHEM
LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
STOCKWELL ELASTOMERICS
URM
List of Tables
Summary Table : Global Market for Elastomers, by Region, Through 2030
Table 1 : Export of Rubber Tires, by Country, 2023
Table 2 : Properties of Castor Oil Plant-Based PEBAX and RNEW Elastomers
Table 3 : Monthly Closing Prices of Crude Oil, September 2024-September 2025
Table 4 : Global Market for Elastomers, by Type, Through 2030
Table 5 : Global Market for Thermoset Elastomers, by Region, Through 2030
Table 6 : Global Market for Natural Rubber Thermoset Elastomers, by Region, Through 2030
Table 7 : Global Market for Synthetic Rubber Thermosets Elastomers, by Region, Through 2030
Table 8 : Global Market for Styrene Butadiene Rubber Thermosets Elastomers, by Region, Through 2030
Table 9 : Global Market for Polybutadiene Rubber Thermosets Elastomers, by Region, Through 2030
Table 10 : Global Market for Silicone Elastomers Thermosets Elastomers, by Region, Through 2030
Table 11 : Global Market for Isobutylene Isoprene Rubber Thermosets Elastomers, by Region, Through 2030
Table 12 : Global Market for Ethylene Propylene Rubber Thermosets Elastomers, by Region, Through 2030
Table 13 : Global Market for Nitrile Butadiene Rubber Thermosets Elastomers, by Region, Through 2030
Table 14 : Global Market for Ethylene Acrylic Elastomer Thermosets Elastomers, by Region, Through 2030
Table 15 : Global Market for Fluoroelastomer Thermosets Elastomers, by Region, Through 2030
Table 16 : Global Market for Thermoplastic Elastomers, by Region, Through 2030
Table 17 : Global Market for Thermoplastic Styrenic Block Copolymers Elastomers, by Region, Through 2030
Table 18 : Global Market for Thermoplastic Polyolefins Elastomers, by Region, Through 2030
Table 19 : Global Market for Thermoplastic Polyurethane Elastomers, by Region, Through 2030
Table 20 : Global Market for Thermoplastic Vulcanizates Elastomers, by Region, Through 2030
Table 21 : Global Market for Thermoplastic Polyamide Elastomers, by Region, Through 2030
Table 22 : Global Market for Thermoplastic Copolyester Elastomers, by Region, Through 2030
Table 23 : Global Market for Other Thermoplastic Elastomers, by Region, Through 2030
Table 24 : Global Market for Elastomers, by Process, Through 2030
Table 25 : Global Market for Injection Molding Elastomers, by Region, Through 2030
Table 26 : Global Market for Extrusion Elastomers, by Region, Through 2030
Table 27 : Global Market for Adhesive Elastomers, by Region, Through 2030
Table 28 : Global Market for Coating Elastomers, by Region, Through 2030
Table 29 : Global Market for Other Processes for Elastomers Manufacturing, by Region, Through 2030
Table 30 : Global Market for Elastomers, by End Use, Through 2030
Table 31 : Global Market for Elastomers for the Automotive Sector, by Region, Through 2030
Table 32 : Global Market for Elastomers for the Industrial Sector, by Region, Through 2030
Table 33 : Global Market for Elastomers for the Medical Sector, by Region, Through 2030
Table 34 : Global Market for Elastomers for the Consumer Goods Sector, by Region, Through 2030
Table 35 : Global Market for Elastomers for the Building and Construction Sector, by Region, Through 2030
Table 36 : Global Market for Elastomers for Other End-User Industries, by Region, Through 2030
Table 37 : Global Market for Elastomers, by Region, Through 2030
Table 38 : North American Market for Elastomers, by Country, Through 2030
Table 39 : North American Market for Elastomers, by Type, Through 2030
Table 40 : North American Market for Elastomers, by Process, Through 2030
Table 41 : North American Market for Elastomers, by End-Use Industries, Through 2030
Table 42 : U.S. Market for Elastomers, by Type, Through 2030
Table 43 : U.S. Market for Elastomers, by Process, Through 2030
Table 44 : U.S. Market for Elastomers, by End-Use Industries, Through 2030
Table 45 : Canadian Market for Elastomers, by Type, Through 2030
Table 46 : Canadian Market for Elastomers, by Process, Through 2030
Table 47 : Canadian Market for Elastomers, by End-Use Industries, Through 2030
Table 48 : Mexican Market for Elastomers, by Type, Through 2030
Table 49 : Mexican Market for Elastomers, by Process, Through 2030
Table 50 : Mexican Market for Elastomers, by End-Use Industries, Through 2030
Table 51 : Asia-Pacific Market for Elastomers, by Country, Through 2030
Table 52 : Asia-Pacific Market for Elastomers, by Type, Through 2030
Table 53 : Asia-Pacific Market for Elastomers, by Process, Through 2030
Table 54 : Asia-Pacific Market for Elastomers, by End-Use Industries, Through 2030
Table 55 : Chinese Market for Elastomers, by Type, Through 2030
Table 56 : Chinese Market for Elastomers, by Process, Through 2030
Table 57 : Chinese Market for Elastomers, by End-Use Industries, Through 2030
Table 58 : Indian Market for Elastomers, by Type, Through 2030
Table 59 : Indian Market for Elastomers, by Process, Through 2030
Table 60 : Indian Market for Elastomers, by End-Use Industries, Through 2030
Table 61 : Japanese Market for Elastomers, by Type, Through 2030
Table 62 : Japanese Market for Elastomers, by Process, Through 2030
Table 63 : Japanese Market for Elastomers, by End-Use Industries, Through 2030
Table 64 : Rest of Asia-Pacific Market for Elastomers, by Type, Through 2030
Table 65 : Rest of Asia-Pacific Market for Elastomers, by Process, Through 2030
Table 66 : Rest of Asia-Pacific Market for Elastomers, by End-Use Industries, Through 2030
Table 67 : European Market for Elastomers, by Country, Through 2030
Table 68 : European Market for Elastomers, by Type, Through 2030
Table 69 : European Market for Elastomers, by Process, Through 2030
Table 70 : European Market for Elastomers, by End-Use Industries, Through 2030
Table 71 : German Market for Elastomers, by Type, Through 2030
Table 72 : German Market for Elastomers, by Process, Through 2030
Table 73 : German Market for Elastomers, by End-Use Industries, Through 2030
Table 74 : French Market for Elastomers, by Type, Through 2030
Table 75 : French Market for Elastomers, by Process, Through 2030
Table 76 : French Market for Elastomers, by End-Use Industries, Through 2030
Table 77 : U.K. Market for Elastomers, by Type, Through 2030
Table 78 : U.K. Market for Elastomers, by Process, Through 2030
Table 79 : U.K. Market for Elastomers, by End-Use Industries, Through 2030
Table 80 : Italian Market for Elastomers, by Type, Through 2030
Table 81 : Italian Market for Elastomers, by Process, Through 2030
Table 82 : Italian Market for Elastomers, by End-Use Industries, Through 2030
Table 83 : Rest of Europe Market for Elastomers, by Type, Through 2030
Table 84 : Rest of Europe Market for Elastomers, by Process, Through 2030
Table 85 : Rest of Europe Market for Elastomers, by End-Use Industries, Through 2030
Table 86 : South American Market for Elastomers, by Country, Through 2030
Table 87 : South American Market for Elastomers, by Type, Through 2030
Table 88 : South American Market for Elastomers, by Process, Through 2030
Table 89 : South American Market for Elastomers, by End-Use Industries, Through 2030
Table 90 : Brazilian Market for Elastomers, by Type, Through 2030
Table 91 : Brazilian Market for Elastomers, by Process, Through 2030
Table 92 : Brazilian Market for Elastomers, by End-Use Industries, Through 2030
Table 93 : Rest of South America Market for Elastomers, by Type, Through 2030
Table 94 : Rest of South America Market for Elastomers, by Process, Through 2030
Table 95 : Rest of South America Market for Elastomers, by End-Use Industries,Through 2030
Table 96 : MEA Market for Elastomers, by Country, Through 2030
Table 97 : MEA Market for Elastomers, by Type, Through 2030
Table 98 : MEA Market for Elastomers, by Process, Through 2030
Table 99 : MEA Market for Elastomers, by End-Use Industries, Through 2030
Table 100 : Middle East Market for Elastomers, by Type, Through 2030
Table 101 : The Middle East Market for Elastomers, by Process, Through 2030
Table 102 : The Middle East Market for Elastomers, by End-Use Industries, Through 2030
Table 103 : African Market for Elastomers, by Type, Through 2030
Table 104 : African Market for Elastomers, by Process, Through 2030
Table 105 : African Market for Elastomers, by End-Use Industries, Through 2030
Table 106 : Global Market Shares for Elastomers, by Key Companies, 2024
Table 107 : ESG Environmental Analysis
Table 108 : Labor and Social Analysis
Table 109 : Governance Analysis
Table 110 : ESG Risk Ratings Scores of Companies, 2025
Table 111 : Risk Scale, Exposure Scale and Management Scale, 2025
Table 112 : Abbreviations Used in the Elastomers Market Report
Table 113 : Arkema: Company Snapshot
Table 114 : Arkema: Financial Performance, FY 2023 and 2024
Table 115 : Arkema: Product Portfolio
Table 116 : Arkema: News/Key Developments, 2024 and 2025
Table 117 : Asahi Kasei Corp.: Company Snapshot
Table 118 : Asahi Kasei Corp.: Financial Performance, FY 2023 and 2024
Table 119 : Asahi Kasei Corp.: Product Portfolio
Table 120 : BASF: Company Snapshot
Table 121 : BASF: Financial Performance, FY 2023 and 2024
Table 122 : BASF: Product Portfolio
Table 123 : Covestro AG: Company Snapshot
Table 124 : Covestro AG: Financial Performance, FY 2023 and 2024
Table 125 : Covestro AG: Product Portfolio
Table 126 : Covestro AG: News/Key Developments, 2023-2024
Table 127 : Dow: Company Snapshot
Table 128 : Dow: Financial Performance, FY 2023 and 2024
Table 129 : Dow: Product Portfolio
Table 130 : Dow: News/Key Developments, 2024
Table 131 : DuPont: Company Snapshot
Table 132 : DuPont: Financial Performance, FY 2023 and 2024
Table 133 : DuPont: Product Portfolio
Table 134 : DuPont: News/Key Developments, 2023-2025
Table 135 : Evonik Industries AG: Company Snapshot
Table 136 : Evonik Industries AG: Financial Performance, FY 2023 and 2024
Table 137 : Evonik Industries AG: Product Portfolio
Table 138 : Evonik Industries AG: News/Key Developments, 2023
Table 139 : Exxon Mobil Corp.: Company Snapshot
Table 140 : Exxon Mobil Corp.: Financial Performance, FY 2023 and 2024
Table 141 : Exxon Mobil Corp.: Product Portfolio
Table 142 : Huntsman International LLC.: Company Snapshot
Table 143 : Huntsman International LLC.: Financial Performance, FY 2023 and 2024
Table 144 : Huntsman International LLC.: Product Portfolio
Table 145 : Innovative Silicones: Company Snapshot
Table 146 : Innovative Silicones: Product Portfolio
Table 147 : Lanxess: Company Snapshot
Table 148 : Lanxess: Financial Performance, FY 2023 and 2024
Table 149 : Lanxess: Product Portfolio
Table 150 : LG Chem: Company Snapshot
Table 151 : LG Chem: Financial Performance, FY 2023 and 2024
Table 152 : LG Chem: Product Portfolio
Table 153 : LyondellBasell Industries Holdings B.V.: Company Snapshot
Table 154 : LyondellBasell Industries Holdings B.V.: Financial Performance, FY 2023 and 2024
Table 155 : LyondellBasell Industries Holdings B.V.: Product Portfolio
Table 156 : Stockwell Elastomerics: Company Snapshot
Table 157 : Stockwell Elastomerics: Product Portfolio
Table 158 : URM: Company Snapshot
Table 159 : URM: Product Portfolio
List of Figures
Summary Figure : Global Market Shares for Elastomers, by Region, 2024
Figure 1 : Elastomers Market Dynamics
Figure 2 : Supply Chain Analysis: Global Elastomers Market
Figure 3 : Global Market Shares for Elastomers, by Type, 2024
Figure 4 : Global Market Shares for Elastomers, by Process, 2024
Figure 5 : Global Market Shares for Elastomers, by End Use, 2024
Figure 6 : Global Market Shares for Elastomers, by Region, 2024
Figure 7 : North American Market Shares for Elastomers, by Country, 2024
Figure 8 : Asia-Pacific Market Shares for Elastomers, by Country, 2024
Figure 9 : European Market Shares for Elastomers, by Country, 2024
Figure 10 : South American Market Shares for Elastomers, by Country, 2024
Figure 11 : MEA Market Shares for Elastomers, by Country, 2024
Figure 12 : Overview of ESG Factors
Figure 13 : Arkema: Revenue Share, by Business Unit, FY 2024
Figure 14 : Arkema: Revenue Share, by Region, FY 2024
Figure 15 : Asahi Kasei Corp.: Revenue Share, by Business Unit, FY 2024
Figure 16 : Asahi Kasei Corp.: Revenue Share, by Country/Region, FY 2024
Figure 17 : BASF: Revenue Share, by Business Unit, FY 2024
Figure 18 : BASF: Revenue Share, by Country/Region, FY 2024
Figure 19 : Covestro AG: Revenue Share, by Business Unit, FY 2024
Figure 20 : Covestro AG: Revenue Share, by Region, FY 2024
Figure 21 : Dow: Revenue Share, by Business Unit, FY 2024
Figure 22 : Dow: Revenue Share, by Country/Region, FY 2024
Figure 23 : DuPont: Revenue Share, by Business Unit, FY 2024
Figure 24 : DuPont: Revenue Share, by Country/Region, FY 2024
Figure 25 : Evonik Industries AG: Revenue Share, by Business Unit, FY 2024
Figure 26 : Evonik Industries AG: Revenue Share, by Region, FY 2024
Figure 27 : Exxon Mobil Corp.: Revenue Share, by Business Unit, FY 2024
Figure 28 : Exxon Mobil Corp.: Revenue Share, by Country/Region, FY 2024
Figure 29 : Huntsman International LLC.: Revenue Share, by Business Unit, FY 2024
Figure 30 : Huntsman International LLC.: Revenue Share, by Country/Region, FY 2024
Figure 31 : Lanxess: Revenue Share, by Business Unit, FY 2024
Figure 32 : Lanxess: Revenue Share, by Country/Region, FY 2024
Figure 33 : LG Chem: Revenue Share, by Business Unit, FY 2024
Figure 34 : LG Chem: Revenue Share, by Country/Region, FY 2024
Figure 35 : LyondellBasell Industries Holdings B.V.: Revenue Share, by Business Unit, FY 2024
Figure 36 : LyondellBasell Industries Holdings B.V.: Revenue Share, by Country/Region,FY 2024
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