Performance Elastomers Global Market Report 2024

Global Performance Elastomers Market Report 2024

Performance Elastomers Global Market Report 2024 – By Type (Nitrile-Based Elastomers, Fluoroelastomers, Silicone Elastomers, Other Types), By End-Use Industry (Automotive And Transportation, Healthcare, Industrial Machinery, Building And Construction, Electrical And Electronics, Other End-Use Industry ) – Market Size, Trends, And Global Forecast 2024-2033

Name: Performance Elastomers Global Market Report 2024
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Performance Elastomers Global Market Report 2024

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Performance Elastomers Global Market Report 2024

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Performance Elastomers Market Definition

Performance elastomer refers to polymers composed of repeated units of a single monomer or multiple monomers constructed with the help of long chains of atoms, mainly carbon, hydrogen, and oxygen. These performance elastomers are used in manufacturing industrial products, lubricants, molds, tires, vehicle parts, prosthetics, and others. Performance elastomers have a unique combination of high-temperature performance, durability, superior electrical insulating capabilities, and transparency.

The main types of performance elastomers are nitrile-based elastomers, fluoroelastomers, and silicone elastomers. Nitrile-based elastomers refer to emulsion polymers produced by using rubber polymerization techniques. It is used by automotive & transportation, healthcare, industrial machinery, building & construction, electrical & electronics and others.

Performance Elastomers Market Segmentation

The performance elastomers market covered in this report is segmented –

1) By Type: Nitrile-Based Elastomers, Fluoroelastomers, Silicone Elastomers, Other Types

2) By End-Use Industry: Automotive And Transportation, Healthcare, Industrial Machinery, Building And Construction, Electrical And Electronics, Other End-Use Industry

Global Performance Elastomers Market Size 2023 to 2028: Graph

Performance Elastomers Market Size 2024 And Growth Rate

The performance elastomers market size has grown rapidly in recent years. It will grow from $15.32 billion in 2023 to $17.06 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to automotive and transportation industry demand, growth in construction and infrastructure, advancements in material science, manufacturing and industrial expansion, oil and gas industry applications.

Performance Elastomers Market Growth Forecast

The performance elastomers market size is expected to see rapid growth in the next few years. It will grow to $25.62 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to sustainable and eco-friendly elastomers, increased demand for electric vehicles, adoption of elastomers in medical devices, 3d printing with elastomeric materials, infrastructure development in emerging markets. Major trends in the forecast period include bio-based and recyclable elastomers, hyperplastic materials for diverse applications, smart elastomers for iot devices, nanomaterial-enhanced elastomers, green building materials with elastomers..

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Performance Elastomers Market Driver: Driving Growth In The Performance Elastomers Market Automotive And Transport Industry Demand Surge

Increasing demand in the automotive and transport industry is expected to propel the performance elastomers market. Economies worldwide have been steadily growing, which has increased the standard of living, further increasing the purchasing power. The advent of the COVID-19 pandemic also resulted in individuals preferring a safer mode of transportation that promoted social distancing and thus boosted the growth of automobiles. With the increase in gas prices, there has also been wide adoption of EV vehicles that aim to reduce costs and increase efficiency. This increasing demand for automotive has led to a surge in the uses of performance elastomers in automobiles as they are lightweight and provides enormous design freedom for interior and exterior components.. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Furthermore, in February 2022, according to Brand Finance plc, a UK-based brand valuation company, in 2022, the automobile sector achieved approximately 78 million unit sales, marking a substantial 10% increase. , Therefore, increasing vehicle production has led to a boost in performance elastomers' use, thus driving the performance elastomers market.

Performance Elastomers Market Driver: Oil And Gas Industry Expansion Fuels Growth In The Performance Elastomers Market

The expansion of the oil and gas industry is expected to propel the growth of the performance elastomers market in the coming years. The oil and gas sector, sometimes known as the petroleum industry, is a global economic sector that deals with the discovery, extraction, refining, transportation, and selling of petroleum products. Performance elastomers are crucial in the oil and gas sector for ensuring the safety, efficiency, and lifespan of equipment and systems in this demanding and sometimes severe environment. For instance, in October 2023, according to the Energy Information Administration, a US-based principal government statistical system institution in charge of obtaining, analyzing, and disseminating energy data, in the first half of 2023, US crude oil exports totaled 3.99 million barrels per day (b/d), an all-time high for the first half of a year since the last eight years. Crude oil exports increased by 650,000 barrels per day (19%) in the initial half of 2023 compared to the first half of 2022. Therefore, the expansion of the oil and gas industry is driving the performance elastomers market.

Global Performance Elastomers Market Major Players

Major companies operating in the performance elastomers market include Du Pont de Nemours, Arlanxeo, Zeon Chemicals LP, Solvay S.A, Dow Corning Corporation, Momentive Performance Materials Inc, Shin-Etsu Chemical Co, LANXESS AG, Huntsman Corporation, Covestro AG, ExxonMobil Chemical, BASF SE, LG Chem Ltd, Kuraray Co, Sumitomo Chemical Co, Mitsubishi Chemical Corporation, Tosoh Corporation, Asahi Kasei Corporation, JSR Corporation, Arkema S, Evonik Industries AG, Cabot Corporation, Trinseo LLC, KRAIBURG TPE GmbH & Co, Teknor Apex Company, RTP Company, PolyOne Corporation

Global Performance Elastomers Market Trend: Rising Trend In Eco-Friendly High-Performance Elastomers Innovations And Environmental Sustainability In The Elastomers Market

The development of eco-friendly high-performance elastomers is a key trend gaining popularity in the performance elastomer market. Due to the increased environmental concern, the elastomers market is witnessing the need for eco-friendly elastomer products. Sustainable and bio-based elastomers products are a critical component for achieving these objectives. Many companies operating in performance elastomers are developing eco-friendly and safe elastomers for their clients to strengthen their market position. For instance, in May 2022, Dow, a US-based chemical and plastics manufacturer, developed ENGAGE REN, plant-based high-performance polyolefin elastomers used in sustainable footwear. This advancement ENGAGE REN polyolefin elastomers (POEs) are made from renewable energy and plant-based feedstock such as used cooking oil, allowing the footwear industry to reduce its carbon footprint while producing more sustainable products with the same outstanding quality, such as lightweight foams with equivalent hardness, improved abrasion resistance, and polymer consistency.

Global Performance Elastomers Market Trend: Leading Companies Embrace Sustainable Process Innovation In The Performance Elastomers Market

Major companies operating in the performance elastomers market are focusing on developing innovative technologies, such as sustainable process innovation, to better meet the needs of their existing consumers. Sustainable process innovation involves creating and adopting novel products, services, technologies, or business models that bring about favorable outcomes for the environment, society, and the economy. For instance, in May 2022, The Chemours Company, a US-based chemical company, announced the launch of industry-grade environmental process innovation to manufacture Advanced Polymer Architecture (APA)-grade Viton fluoroelastomers. The process is carried out without the assistance of polymerization. Chemours can now create the full Viton fluoroelastomer portfolio using a non-fluorinated surfactant, extending its position as an innovator in fluoroelastomer manufacturing and product development with the launch of this new technology and past advances. Viton APA-grade fluoroelastomers allow key products and applications in several areas, including transportation, sophisticated electronics, industrial production, and oil and gas.

Performance Elastomers Market Merger And Acquisition: Pexco Llc Expands Portfolio And Market Reach With Acquisition Of Performance Elastomers Corporation (Pec)

In December 2021, Pexco LLC, a US-based manufacturer of plastic pipes, tubing, and plastic extrusion services, acquired Performance Elastomers Corporation (PEC) for an undisclosed amount. With this acquisition, Pexco will expand its silicone and thermoplastic elastomer products and widen its capabilities to include other high-performing polymer solutions to provide even greater value to customers in mobility, recreational vehicle, and truck aftermarkets, as well as expand into other industries where these specialized products are required. Performance Elastomers Corporation (PEC) is a US-based custom provider of rubber, silicone, and thermoplastic elastomer products.

Regional Outlook For The Global Performance Elastomers Market

Asia-Pacific was the largest region in the performance elastomers market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the performance elastomers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the performance elastomers market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The performance elastomer market consists of sales of fluoroelastomers such as fluorocarbons, perfluoroelastomers and fluorosilicone elastomers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The performance elastomers market research report is one of a series of new reports from The Business Research Company that provides performance elastomers market statistics, including performance elastomers industry global market size, regional shares, competitors with an performance elastomers market share, detailed performance elastomers market segments, market trends and opportunities, and any further data you may need to thrive in the performance elastomers industry. This performance elastomers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Performance Elastomers Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$17.06 billion
Revenue Forecast In 2033	$25.62 billion
Growth Rate	CAGR of 10.7% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Nitrile-Based Elastomers, Fluoroelastomers, Silicone Elastomers, Other Types 2) By End-Use Industry: Automotive And Transportation, Healthcare, Industrial Machinery, Building And Construction, Electrical And Electronics, Other End-Use Industry
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Du Pont de Nemours; Arlanxeo; Zeon Chemicals LP; Solvay S.A; Dow Corning Corporation; Momentive Performance Materials Inc; Shin-Etsu Chemical Co; LANXESS AG; Huntsman Corporation; Covestro AG; ExxonMobil Chemical; BASF SE; LG Chem Ltd; Kuraray Co; Sumitomo Chemical Co; Mitsubishi Chemical Corporation; Tosoh Corporation; Asahi Kasei Corporation; JSR Corporation; Arkema S; Evonik Industries AG; Cabot Corporation; Trinseo LLC; KRAIBURG TPE GmbH & Co; Teknor Apex Company; RTP Company; PolyOne Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Performance Elastomers Market Characteristics

3. Performance Elastomers Market Trends And Strategies

4. Performance Elastomers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Performance Elastomers Market Size and Growth

5.1. Global Performance Elastomers Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Performance Elastomers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Performance Elastomers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Performance Elastomers Market Segmentation

6.1. Global Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Nitrile-Based Elastomers

Fluoroelastomers

Silicone Elastomers

Other Types

6.2. Global Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Automotive And Transportation

Healthcare

Industrial Machinery

Building And Construction

Electrical And Electronics

Other End-Use Industry

7. Performance Elastomers Market Regional And Country Analysis

7.1. Global Performance Elastomers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Performance Elastomers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Performance Elastomers Market

8.1. Asia-Pacific Performance Elastomers Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Performance Elastomers Market

9.1. China Performance Elastomers Market Overview

9.2. China Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Performance Elastomers Market

10.1. India Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Performance Elastomers Market

11.1. Japan Performance Elastomers Market Overview

11.2. Japan Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Performance Elastomers Market

12.1. Australia Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Performance Elastomers Market

13.1. Indonesia Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Performance Elastomers Market

14.1. South Korea Performance Elastomers Market Overview

14.2. South Korea Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Performance Elastomers Market

15.1. Western Europe Performance Elastomers Market Overview

15.2. Western Europe Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Performance Elastomers Market

16.1. UK Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Performance Elastomers Market

17.1. Germany Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Performance Elastomers Market

18.4. France Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Performance Elastomers Market

19.7. Italy Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Performance Elastomers Market

20.10. Spain Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Performance Elastomers Market

21.1. Eastern Europe Performance Elastomers Market Overview

21.2. Eastern Europe Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Performance Elastomers Market

22.1. Russia Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Performance Elastomers Market

23.1. North America Performance Elastomers Market Overview

23.2. North America Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Performance Elastomers Market

24.1. USA Performance Elastomers Market Overview

24.2. USA Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Performance Elastomers Market

25.1. Canada Performance Elastomers Market Overview

25.2. Canada Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Performance Elastomers Market

26.1. South America Performance Elastomers Market Overview

26.2. South America Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Performance Elastomers Market

27.1. Brazil Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Performance Elastomers Market

28.1. Middle East Performance Elastomers Market Overview

28.2. Middle East Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Performance Elastomers Market

29.1. Africa Performance Elastomers Market Overview

29.2. Africa Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Performance Elastomers Market Competitive Landscape And Company Profiles

30.1. Performance Elastomers Market Competitive Landscape

30.2. Performance Elastomers Market Company Profiles

30.2.1. Du Pont de Nemours

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Arlanxeo

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Zeon Chemicals LP

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Solvay S.A

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Dow Corning Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Performance Elastomers Market Competitive Benchmarking

32. Global Performance Elastomers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Performance Elastomers Market

34. Performance Elastomers Market Future Outlook and Potential Analysis

34.1 Performance Elastomers Market In 2028 - Countries Offering Most New Opportunities

34.2 Performance Elastomers Market In 2028 - Segments Offering Most New Opportunities

34.3 Performance Elastomers Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Performance Elastomers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Performance Elastomers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Du Pont de Nemours Financial Performance

Table 52: Arlanxeo Financial Performance

Table 53: Zeon Chemicals LP Financial Performance

Table 54: Solvay S.A Financial Performance

Table 55: Dow Corning Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Performance Elastomers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Performance Elastomers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Performance Elastomers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Performance Elastomers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Du Pont de Nemours Financial Performance

Figure 52: Arlanxeo Financial Performance

Figure 53: Zeon Chemicals LP Financial Performance

Figure 54: Solvay S.A Financial Performance

Figure 55: Dow Corning Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the performance elastomers market?

How will the performance elastomers market drivers and restraints affect the performance elastomers market dynamics? What forces will shape the performance elastomers industry going forward?

The performance elastomers market major growth driver - Driving Growth In The Performance Elastomers Market Automotive And Transport Industry Demand Surge. For further insights on the performance elastomers market, request a sample here

What is the forecast market size or the forecast market value of the performance elastomers market?

The performance elastomers market size has grown rapidly in recent years. It will grow from $15.32 billion in 2023 to $17.06 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to automotive and transportation industry demand, growth in construction and infrastructure, advancements in material science, manufacturing and industrial expansion, oil and gas industry applications. The performance elastomers market size is expected to see rapid growth in the next few years. It will grow to $25.62 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to sustainable and eco-friendly elastomers, increased demand for electric vehicles, adoption of elastomers in medical devices, 3d printing with elastomeric materials, infrastructure development in emerging markets. Major trends in the forecast period include bio-based and recyclable elastomers, hyperplastic materials for diverse applications, smart elastomers for iot devices, nanomaterial-enhanced elastomers, green building materials with elastomers.. For further insights on the performance elastomers market, request a sample here

How is the performance elastomers market segmented?

The performance elastomers market is segmented
1) By Type: Nitrile-Based Elastomers, Fluoroelastomers, Silicone Elastomers, Other Types
2) By End-Use Industry: Automotive And Transportation, Healthcare, Industrial Machinery, Building And Construction, Electrical And Electronics, Other End-Use Industry For further insights on the performance elastomers market, request a sample here

Which region has the largest share of the performance elastomers market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the performance elastomers market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the performance elastomers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the performance elastomers market, request a sample here.

Who are the major players in the performance elastomers market?

What are the key trends in the performance elastomers market?

Major trend in the performance elastomers market - Rising Trend In Eco-Friendly High-Performance Elastomers Innovations And Environmental Sustainability In The Elastomers Market. For further insights on the performance elastomers market, request a sample here.

What are the major opportunities in the performance elastomers market? What are the strategies for the performance elastomers market?

For detailed insights on the major opportunities and strategies in the performance elastomers market, request a sample here.

How does the performance elastomers market relate to the overall economy and other similar markets?

For detailed insights on performance elastomers market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the performance elastomers industry?

For detailed insights on the mergers and acquisitions in the performance elastomers industry, request a sample here.

What are the key dynamics influencing the performance elastomers market growth? SWOT analysis of the performance elastomers market.

For detailed insights on the key dynamics influencing the performance elastomers market growth and SWOT analysis of the performance elastomers industry, request a sample here.