Global Automotive Elastomers
Market Report
2025
Automotive Elastomers Market size is USD 32.10 Billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Elastomers market size is USD 32.10 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automotive Elastomers Market Sales Revenue | $ 30087.4 Million | $ 37521 Million | $ 58351.6 Million | 5.675% |
North America Automotive Elastomers Market Sales Revenue | $ 5445.83 Million | $ 6828.82 Million | $ 10736.7 Million | 5.819% |
United States Automotive Elastomers Market Sales Revenue | $ 3659.6 Million | $ 4513.85 Million | $ 6850.01 Million | 5.352% |
Canada Automotive Elastomers Market Sales Revenue | $ 1040.15 Million | $ 1338.45 Million | $ 2211.76 Million | 6.48% |
Mexico Automotive Elastomers Market Sales Revenue | $ 746.078 Million | $ 976.521 Million | $ 1674.92 Million | 6.977% |
Europe Automotive Elastomers Market Sales Revenue | $ 7130.73 Million | $ 8704.87 Million | $ 12954 Million | 5.095% |
United Kingdom Automotive Elastomers Market Sales Revenue | $ 1205.09 Million | $ 1436.3 Million | $ 2020.83 Million | 4.36% |
Germany Automotive Elastomers Market Sales Revenue | $ 1583.02 Million | $ 1897.66 Million | $ 2733.3 Million | 4.667% |
France Automotive Elastomers Market Sales Revenue | $ 919.864 Million | $ 1070.7 Million | $ 1437.9 Million | 3.755% |
Italy Automotive Elastomers Market Sales Revenue | $ 634.635 Million | $ 748.619 Million | $ 1023.37 Million | 3.985% |
Russia Automotive Elastomers Market Sales Revenue | $ 377.928 Million | $ 426.539 Million | $ 557.024 Million | 3.393% |
Spain Automotive Elastomers Market Sales Revenue | $ 534.804 Million | $ 670.275 Million | $ 1036.32 Million | 5.598% |
Sweden Automotive Elastomers Market Sales Revenue | $ 342.275 Million | $ 409.129 Million | $ 569.978 Million | 4.232% |
Denmark Automotive Elastomers Market Sales Revenue | $ 363.667 Million | $ 461.358 Million | $ 751.335 Million | 6.286% |
Switzerland Automotive Elastomers Market Sales Revenue | $ 221.053 Million | $ 278.556 Million | $ 427.483 Million | 5.5% |
Luxembourg Automotive Elastomers Market Sales Revenue | $ 106.961 Million | $ 121.868 Million | $ 142.495 Million | 1.974% |
Rest of Europe Automotive Elastomers Market Sales Revenue | $ 841.426 Million | $ 1183.86 Million | $ 2254 Million | 8.382% |
Asia Pacific Automotive Elastomers Market Sales Revenue | $ 12516.4 Million | $ 15983.9 Million | $ 26024.8 Million | 6.283% |
China Automotive Elastomers Market Sales Revenue | $ 5069.13 Million | $ 6553.42 Million | $ 10878.4 Million | 6.54% |
Japan Automotive Elastomers Market Sales Revenue | $ 1664.68 Million | $ 2045.95 Million | $ 3096.95 Million | 5.319% |
India Automotive Elastomers Market Sales Revenue | $ 2040.17 Million | $ 2653.33 Million | $ 4502.29 Million | 6.833% |
South Korea Automotive Elastomers Market Sales Revenue | $ 901.179 Million | $ 1102.89 Million | $ 1665.59 Million | 5.288% |
Australia Automotive Elastomers Market Sales Revenue | $ 575.753 Million | $ 695.302 Million | $ 1014.97 Million | 4.842% |
Singapore Automotive Elastomers Market Sales Revenue | $ 312.909 Million | $ 367.631 Million | $ 546.521 Million | 5.081% |
South East Asia Automotive Elastomers Market Sales Revenue | $ 1051.38 Million | $ 1390.6 Million | $ 2420.31 Million | 7.173% |
Taiwan Automotive Elastomers Market Sales Revenue | $ 550.721 Million | $ 671.326 Million | $ 1040.99 Million | 5.637% |
Rest of APAC Automotive Elastomers Market Sales Revenue | $ 350.459 Million | $ 503.494 Million | $ 858.818 Million | 6.903% |
South America Automotive Elastomers Market Sales Revenue | $ 2166.3 Million | $ 2513.91 Million | $ 3442.74 Million | 4.009% |
Brazil Automotive Elastomers Market Sales Revenue | $ 948.838 Million | $ 1083.49 Million | $ 1432.18 Million | 3.549% |
Argentina Automotive Elastomers Market Sales Revenue | $ 357.439 Million | $ 417.309 Million | $ 578.381 Million | 4.164% |
Colombia Automotive Elastomers Market Sales Revenue | $ 296.783 Million | $ 362.003 Million | $ 547.396 Million | 5.305% |
Peru Automotive Elastomers Market Sales Revenue | $ 149.475 Million | $ 181.001 Million | $ 265.091 Million | 4.885% |
Chile Automotive Elastomers Market Sales Revenue | $ 205.798 Million | $ 238.821 Million | $ 323.618 Million | 3.871% |
Rest of South America Automotive Elastomers Market Sales Revenue | $ 207.964 Million | $ 231.279 Million | $ 296.076 Million | 3.136% |
Middle East Automotive Elastomers Market Sales Revenue | $ 1805.25 Million | $ 2176.22 Million | $ 3209.34 Million | 4.976% |
Saudi Arabia Automotive Elastomers Market Sales Revenue | $ 738.346 Million | $ 877.016 Million | $ 1248.43 Million | 4.513% |
Turkey Automotive Elastomers Market Sales Revenue | $ 337.581 Million | $ 415.658 Million | $ 638.658 Million | 5.516% |
UAE Automotive Elastomers Market Sales Revenue | $ 252.735 Million | $ 304.671 Million | $ 446.098 Million | 4.882% |
Egypt Automotive Elastomers Market Sales Revenue | $ 234.682 Million | $ 276.38 Million | $ 385.12 Million | 4.234% |
Qatar Automotive Elastomers Market Sales Revenue | $ 102.899 Million | $ 132.749 Million | $ 224.654 Million | 6.797% |
Rest of Middle East Automotive Elastomers Market Sales Revenue | $ 139.004 Million | $ 169.745 Million | $ 266.375 Million | 5.794% |
Africa Automotive Elastomers Market Sales Revenue | $ 1022.97 Million | $ 1313.23 Million | $ 1983.95 Million | 5.293% |
Nigeria Automotive Elastomers Market Sales Revenue | $ 296.662 Million | $ 366.393 Million | $ 507.892 Million | 4.167% |
South Africa Automotive Elastomers Market Sales Revenue | $ 430.672 Million | $ 559.438 Million | $ 865.003 Million | 5.599% |
Rest of Africa Automotive Elastomers Market Sales Revenue | $ 295.639 Million | $ 387.404 Million | $ 611.057 Million | 5.862% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Report scope is customizable as we have a huge database of Automotive Elastomers industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Elastomers Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The automotive elastomers are distinguished by their cross-linked polymer structure formed through chemical bonding. They find application in various automobile components such as body panels, belts, hoses, seating, dashboards, airbags, door panels, and more. These elastomers surpass traditional rubber counterparts in properties like heat resistance, flexibility, durability, aging resistance, and resistance to oil, gas, chemicals, weathering, and ozone. One of the major factors boosting the growth of the Automotive Elastomers market is the increasing demand for electric vehicles (EVs). As environmental concerns and regulatory pressures intensify, consumers are increasingly seeking eco-friendly transportation options. The advancement of EV technology, coupled with government incentives and infrastructure development, has significantly boosted EV adoption rates.
One key driver in the Automotive Elastomers market is the rising demand for lightweight and fuel-efficient vehicles. Automotive manufacturers are responding by investing in lightweight materials and advanced engineering techniques to improve fuel efficiency. As consumers prioritize sustainability and cost savings, the demand for such vehicles is expected to continue increasing, driving growth in the automotive market worldwide. Development of the Automotive Sector. The automotive elastomer market is growing due to the technological innovation like the self-healing elastomer which is having wide application in the automive elastomer market. The growing industry of automotive and the increasing demand for fuel efficient vehicles during the market of automotive elastomers. And the key market players are significant increasing investment for research and development of the market.
The market of automotive elastomer is constantly developing and innovative technological changing is drive the market. The elastomers are crucial additives that enhance durability, reliability and flexibility of many automotive components and the increasing focus on development of innovative integration of these automive elastomer is driving the market demand. The use of elastomer is increasing in automotive and applications are growing the overall market.
The innovative development in the segment like the thermoplastics elastomers and self-healing elastomer is changing the market change. The self-healing elastomer is constantly being used in many of the companies du to its properties and the increasing segment of tire has an extensive application of this technological development in the market
The increasing environmental concern and the micro plastics is leading to market restriction for the automotive elastomer market. Due to the increasing in micro plastic pollution and the substances form the tire residual mixing the water source is largely impacting the ecosystem. The tier wear is persistent and highly mobile are major source of micro plastics contribution. The can range from 10 nm to few millimetres. These have extensive environmental harms and have environmental degradation.
The magnitude of TWP emissions and the complex composition of SBR and additive chemicals make these particles problematic most of these elastomer contains plastics that are non biodegradable. And have lasting environmental impacts. For instance, materials in the elastomers group with their own unique mix of chemicals used in each individual tyre making process resulting in high pollution due micro plastics
These factors are very serious as many regions that are very strict about their regulation which has negative impact on the market demand and the restricts market growth.
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In April 2024, Huntsman introduced innovative SHOKLESS™ polyurethane systems designed to enhance the safety of electric vehicle (EV) batteries. These advanced foam systems provide a flexible solution aimed at protecting the structural integrity of EV batteries in the event of impact or thermal incidents.
Top Companies Market Share in Automotive Elastomers Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the Automotive Elastomers market due to increasing consumer demand for advanced vehicle technologies, including electric vehicles and autonomous driving systems. Further, favorable government policies, such as tax incentives and infrastructure investments, are encouraging the adoption of cleaner and more efficient vehicles. Partnerships between traditional automotive manufacturers and technology companies are also contributing to innovation and market expansion in the region.
Asia-Pacific stands out as the fastest-growing region in the Automotive Elastomers market due to urbanization, rising incomes, and a growing middle class. Government initiatives promoting electric mobility and emissions regulations are fetching the adoption of electric vehicles and advanced automotive technologies. Collaboration between regional and international automotive manufacturers and technology firms is fostering innovation. Further, with its dynamic economic landscape, this region presents lucrative opportunities for automotive industry growth and development.
The current report Scope analyzes Automotive Elastomers Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Elastomers Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Elastomers Industry growth. Automotive Elastomers market has been segmented with the help of its Type, Application , and others. Automotive Elastomers market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Automotive Elastomers analyzed in this report are as follows:
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According to Cognitive Market Research, Tire stands out as the dominating category. With increasing vehicle production and consumer demand for fuel-efficient and high-performance tires, this segment experiences robust expansion. Innovative elastomer technologies enable the development of eco-friendly and noise-reducing tire solutions, meeting evolving consumer preferences. Furthermore, the surge in electric vehicle adoption fuels demand for specialized tires catering to their distinct performance needs.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Elastomers Market is witnessing significant growth in the near future.
In 2023, the Natural Rubbers (NR) segment accounted for noticeable share of global Automotive Elastomers Market and is projected to experience significant growth in the near future.
The Tire segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Arkema (France) , BASF SE (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Natural Rubbers (NR), Butyl Elastomers (IIR), Butadiene (BR) (Polybutadiene) Elastomers, Ethylene-propylene (EPM/EPDM) Elastomers, Polyisoprene (IR) Elastomers, Others |
Application | Tire, Non-Tire |
List of Competitors | Arkema (France), Asahi Kasei Corporation (Japan), BASF SE (Germany), Dow (U.S), Covestro AG (Germany), Huntsman International LLC. (U.S.), Teknor Apex (U.S.), The Lubrizol Corporation (U.S.), Tosh Corporation (Japan), Kraton Corporation (U.S.), China Petroleum Corporation (China), Mitsubishi Chemical Company (Japan), DuPont (U.S.), SIBUR (Russia), Evonik (Germany), Dynasol Group (Spain) |
This chapter will help you gain GLOBAL Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review Global Automotive Elastomers Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review North America Automotive Elastomers Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review Europe Automotive Elastomers Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review Asia Pacific Automotive Elastomers Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review South America Automotive Elastomers Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review Middle East Automotive Elastomers Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Elastomers. Further deep in this chapter, you will be able to review Middle East Automotive Elastomers Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Elastomers. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Elastomers market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Natural Rubbers (NR) have a significant impact on Automotive Elastomers market? |
What are the key factors affecting the Natural Rubbers (NR) and Butyl Elastomers (IIR) of Automotive Elastomers Market? |
What is the CAGR/Growth Rate of Tire during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Elastomers Market? |
Which region is expected to dominate the global Automotive Elastomers Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Report Format Alteration |
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