Global Automotive Elastomers Market Size, Share, Development, Growth Till 2022
Elastomer is a polymer containing both elasticity and viscosity. These polymers have very weak inter-molecular forces, high failure strain, and low Young’s modulus.
Elastomer is a polymer containing both elasticity and viscosity. These polymers have very weak inter-molecular forces, high failure strain, and low Young’s modulus. These are formed from the monomer linkage, which are made of carbon, oxygen, hydrogen, or silicon. Elastomers are engineered or manufactured for several applications in automotive industry. These are used to for sealing, gasketing, and heat resistant applications. Elastomers exhibit good mechanical properties, good thermal and electrical insulation, and low permeability to water, steam or gas. These polymers help to reduce noise, vibration and harshness; eliminate heat shields; improve airbag.
The global automotive elastomers market was valued at $9,238.4 million in 2015, and it is expected to grow at a CAGR of 5.9% during 2016 - 2022. The stringent emission regulations, increasing demand for high-efficiency vehicles, high emphasis on lightweight materials and growth in automotive industry are driving the growth of the global automotive elastomers market. Automotive industry has witnessed significant growth especially in Asia-Pacific. China and India are the key countries providing huge revenue generation opportunities for automotive industry.
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The research offers the actual historical market size for the period 2012-2015 and market forecast for the period 2016-2022 in terms of volume (kilotons) and value ($ million).
GLOBAL AUTOMOTIVE ELASTOMERS MARKET
By Type – Synthetic Elastomers (Nitrile Butadiene Rubber, Ethylene Propylene Diene Monomer, Chloroprene Rubber, Styrene Butadiene Rubber, Silicone Rubber and Fluoro Elastomers), and Thermoplastic Elastomers (Thermoplastic Polyolefin, Thermoplastic Polyurethanes, Styrene Block Co-Polymer, Thermoplastic Vulcanizates, Co-Polyester Ether and Polyether Block Amide).
By Application – Interior, Exterior, Under Hood, Weather Seal and Molded Parts.
By Region – North America, Europe, Asia-Pacific, and Rest of the World (RoW).
GLOBAL AUTOMOTIVE ELASTOMERS MARKET, BY GEOGRAPHY
North America Automotive Elastomers Market
By Country –U.S., Canada and Rest of North America
Europe Automotive Elastomers Market
By Country – Germany, U.K., Italy, France and Rest of Europe
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Asia-Pacific Automotive Elastomers Market
By Country – China, India Japan, South Korea and Rest of Asia-Pacific
RoW Automotive Elastomers Market
By Country – Brazil, Mexico and Rest of RoW
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Jan 05, 2017