Global Automotive Elastomers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Thermoset Elastomer-Natural Rubber (NR),Synthetic Rubber (SR),Styrene-Butadiene Rubber (SBR),Butyl Rubber (IIR),Poly Butadiene Rubber (BR),Neoprene Rubber/Polychloroprene Rubber (CR),Nitrile Butadiene Rubber (NBR),Acrylic Rubber (ACM),Ethylene Propylene Diene Monomer (EPDM),Polyisoprene Rubber (IR),Silicone (Q) Elastomers,Fluoroelastomers, Thermoplastic Elastomers (TEP)-Styrene Block Copolymer (SBC),Thermoplastic Polyurethane (TPU),Thermoplastic Polyolefins (TPO),Thermoplastic Vulcanizates (TPV),Thermoplastic Polyester Elastomers (TPC), and Polyether Block Amide (PEBA)

By Application;

Tire and Non-Tire

By Vehicle Type;

Passenger Cars, Light Commercial Vehicles, and Medium and Heavy Commercial Vehicles

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn110247988 Published Date: May, 2025 Updated Date: June, 2025

Automotive Elastomers Market Overview

Automotive Elastomers Market (USD Million)

Automotive Elastomers Market was valued at USD 146,101.40 million in the year 2024. The size of this market is expected to increase to USD 192,259.47 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Global Automotive Elastomers Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 146,101.40 Million
Market Size (2031)USD 192,259.47 Million
Market ConcentrationHigh
Report Pages363
146,101.40
2024
192,259.47
2031

Major Players

  • Arlanxeo
  • DOW
  • Exxonmobil
  • JSR Corporation
  • Dupont
  • BASF
  • LG Chem
  • Sabic
  • Teknor Apex
  • Zeon Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Automotive Elastomers Market

Fragmented - Highly competitive market without dominant players


The automotive elastomers market is growing steadily as manufacturers seek materials that offer durability, flexibility, and weight reduction. Elastomers are heavily used in automotive components like seals and gaskets, with about 55% of companies opting for these materials to enhance operational performance and longevity in vehicles.

Enhancing Fuel Efficiency through Material Innovation
A strong industry focus on reducing emissions and improving fuel efficiency is accelerating elastomer adoption. Their light weight and structural versatility help cut down fuel consumption. Presently, close to 48% of automotive part designs include elastomeric components to support these eco-efficiency goals.

Material Innovations Boost Market Appeal
Breakthroughs in elastomer formulations have resulted in products with improved thermal, chemical, and mechanical properties. Roughly 33% of new product launches in this space now emphasize high-temperature performance, especially for use in engine areas and electric powertrains.

Adoption in Electric Vehicles on the Rise
As the industry shifts toward electric and hybrid vehicles, demand for elastomers is increasing due to their effectiveness in noise dampening and tight-space insulation. Their presence in EVs has grown by over 40%, as automakers look to maximize safety, comfort, and energy efficiency in compact systems.

Focus on Sustainable and Recyclable Solutions
With environmental standards tightening, manufacturers are moving toward sustainable elastomer alternatives. Bio-based and recyclable variants now account for around 30% of innovations, helping the industry meet green goals without compromising on quality and performance.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Region
  4. Automotive Elastomers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Vehicle Production
        2. Focus on Fuel Efficiency
        3. Stringent Emission Regulations
        4. Rise of New Automotive Technologies
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Stringent Environmental Regulations
        3. Intense Competition in the Market
        4. Durability Concerns and Replacement Needs
      3. Opportunities
        1. Lightweighting
        2. Electric Vehicles (EVs)
        3. Autonomous Vehicles (AVs)
        4. Emerging Economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Automotive Elastomers Market, By Type, 2021 - 2031 (USD Million)
      1. Thermoset Elastomer
        1. Natural Rubber (NR)
        2. Synthetic Rubber (SR)
        3. Styrene-Butadiene Rubber (SBR)
        4. Butyl Rubber (IIR)
        5. Poly Butadiene Rubber (BR)
        6. Neoprene Rubber/Polychloroprene Rubber (CR)
        7. Nitrile Butadiene Rubber (NBR)
        8. Acrylic Rubber (ACM)
        9. Ethylene Propylene Diene Monomer (EPDM)
        10. Polyisoprene Rubber (IR)
        11. Silicone (Q) Elastomers
        12. Fluoroelastomers
      2. Thermoplastic Elastomer (TEP)
        1. Styrene Block Copolymer (SBC)
        2. Thermoplastic Polyurethane (TPU)
        3. Thermoplastic Polyolefins (TPO)
        4. Thermoplastic Vulcanizates (TPV)
        5. Thermoplastic Polyester Elastomers (TPC)
        6. Polyether Block Amide (PEBA)
    2. Automotive Elastomers Market, By Application, 2021 - 2031 (USD Million)
      1. Tire
      2. Non-Tire
    3. Automotive Elastomers Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light Commercial Vehicles
      3. Medium and Heavy Commercial Vehicles
    4. Automotive Elastomers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
    2. Arlanxeo
    3. DOW
    4. Exxonmobil
    5. JSR Corporation
    6. Dupont
    7. BASF
    8. LG Chem
    9. Sabic
    10. Teknor Apex
    11. Zeon Corporation
  7. Analyst Views
  8. Future Outlook of the Market