Global Elastomers Market

Elastomers are resources which are made of polymers that are combined by chemical bonds, acquiring a final slightly cross-linked structure. These are any rubbery material composed of long chain-like molecules, or polymers, having the capability of recovering their original shape after being stretched to great extents?hence the name elastomer has been derived from "elastic polymer."

Market Dynamics

The major drivers of the growth in the market are expected to be: Growth in demand from automotive industry, Technological advancements, Advancement in Processing Industry, Implementation of strict environmental regulations, Growth in purchasing power of the developing economies

Some of the restraints are: Fluctuation of crude oil prices, Product commoditization and Market saturation in applications for elastomers.

Market Segmentation

The Elastomers market can be segmented based on the type, the application, and the geography.

Segmentation based on type can be done into: IIR (Butyl Elastomer), NBR (Nitrile Elastomer), SBR (Styrene block copolymers), TPU (Thermoplastic Polyurethanes), ACM (Acrylic Elastomer), TPV (Thermoplastic Vulcanizates), PEBA (Thermoplastic polyether block amides),SBC (Styrene block copolymers), EPM (Ethylene-propylene Elastomer), TPO (Thermoplastic Polyolefin).

Segmentation based on the applications of elastomers: Automotive,Consumer Goods, Medical, Industrial and Others.

Geographic Analysis

Asia-Pacific is projected to be the chief market in the global elastomers market. It is predicted that the U.S. would hold the largest share in elastomers market in North America. The factors driving the growth are: Increasing demand for high-quality consumer goods and industrial products, and Growth in end-use industries leading to innovations and new product developments. In the healthcare sector, the rise in investments is probable to further enhance the growth of elastomers market in North America.

Asia Pacific holds the largest market share in the elastomers market. This is probably due to the emerging economies of the region, India and China. As stated above, North America is the second largest market in the elastomers market.

Europe and the Middle East & Africa region come at the third and fourth spot if looked at the market share in the elastomers segment. South America region holds the last spot amongst all. In the coming years, the market conditions are expected to drive the growth in all regions.

Key Players

The global automotive elastomers producers are growing their capacity to produce high-performance elastomers. This reinforces the position of the firms in the global elastomers market.

The key players in the Elastomers Market include: Ashland, Zeon, Japan Synthetic Rubber Co. Ltd., Kraton Polymers, Goodyear Tire & Rubber Co, Lcy Chemical Corp., Michelin, DuPont, Nantong Huili Rubber Co. Ltd. and Sibur.

Report Contents:

> Global Market segments

> Global Market Drivers, Restraints and Opportunities

> Global Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage