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-TireBy Vehicle Type;
Passenger Cars, Light Commercial Vehicles, and Medium and Heavy Commercial VehiclesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)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 Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 4.0 % |
Market Size (2024) | USD 146,101.40 Million |
Market Size (2031) | USD 192,259.47 Million |
Market Concentration | High |
Report Pages | 363 |
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.
Automotive Elastomers Market Recent Developments
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In 2021, The market size reached an estimated value of USD 33.10 billion, reflecting a growing automotive industry.
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In 2022, The market witnessed a rise to around USD 35.09 billion, indicating continued growth. Increasing demand for lightweight and fuel-efficient vehicles fueled the use of elastomers for weight reduction in automotive components. Rising vehicle production in emerging economies like China and India presented new market opportunities.
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In 2023, Focus on performance-enhanced materials continues to be a key trend, driven by stricter emission regulations and the need for advanced functionalities.The rise of electric vehicles and autonomous cars is creating new demands for elastomers capable of handling their unique operating environments.
Automotive Elastomers Market Segment Analysis
In this report, The Automotive Elastomers Market has been segmented by Type, Application, Vehicle Type and Geography.
Automotive Elastomers Market, Segmentation by Type
The Automotive Elastomers Market has been segmented by Type into 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).
The global automotive elastomers market boasts a diverse range of materials, each with its own set of properties and applications. Understanding this segmentation by type is crucial for navigating this dynamic market.This category dominates the market and encompasses natural rubber (NR) and various synthetic rubbers like styrene-butadiene rubber (SBR) and butyl rubber (IIR).NR offers excellent elasticity and traction, making it ideal for tires. Synthetic rubbers provide cost-effectiveness and cater to specific needs like fuel resistance (nitrile rubber) or air impermeability (butyl rubber).These newer materials combine the processing advantages of thermoplastics with the elastic properties of rubbers.
TPEs offer recyclability, design flexibility, and good performance at high temperatures. This makes them suitable for applications like hoses, seals, and interior components.Common types include styrene block copolymers (SBC) and thermoplastic polyurethanes (TPU).This segment caters to specific high-performance applications.Fluoroelastomers offer outstanding resistance to extreme temperatures and harsh chemicals, making them ideal for applications like engine gaskets and fuel hoses.Silicones provide excellent heat resistance and electrical insulation, finding use in various engine components.The market is witnessing continuous development of new elastomer blends and composites.These advancements aim to achieve a combination of properties, such as improved strength, wear resistance, and flame retardancy, to meet the evolving demands of the automotive industry.The selection of the most suitable elastomer for a specific automotive application depends on a variety of factors – cost, performance requirements, processing needs, and environmental compatibility.
Automotive Elastomers Market, Segmentation by Application
The Automotive Elastomers Market has been segmented by Application into Tire and Non-Tire.
Tire
The tire segment dominates the automotive elastomers market, accounting for nearly 75% of the total share. Elastomers such as natural rubber, synthetic rubber, and butadiene rubber are extensively used in tire manufacturing due to their superior durability, flexibility, and abrasion resistance. The growing demand for high-performance and fuel-efficient tires continues to drive this segment.
Non-Tire
The non-tire segment represents about 25% of the market and includes applications such as seals, hoses, belts, gaskets, and vibration dampers. Elastomers are favored here for their excellent chemical resistance, temperature stability, and design versatility. Increasing adoption in electric vehicles and lightweight automotive components is accelerating the growth of this segment.
Automotive Elastomers Market, Segmentation by Vehicle Type
The Automotive Elastomers Market has been segmented by Vehicle Type into Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles.
Passenger Cars
Passenger cars account for approximately 60% of the automotive elastomers market. The demand is driven by the use of elastomers in seals, gaskets, hoses, belts, and various interior and exterior components. Their excellent durability, flexibility, and lightweight properties make them ideal for improving fuel efficiency and comfort in modern vehicles.
Light Commercial Vehicles
Light commercial vehicles (LCVs) represent around 25% of the market. These vehicles use elastomers for vibration control, sealing systems, and thermal insulation components. Growing urban logistics, last-mile delivery services, and demand for reliable utility vehicles are contributing to the increased adoption of elastomer-based parts.
Medium and Heavy Commercial Vehicles
Medium and heavy commercial vehicles contribute roughly 15% of the market share. These segments rely on elastomers for engine mounts, suspension bushings, fuel systems, and protective casings. The emphasis on durability, load resistance, and operational efficiency is driving elastomer usage in heavy-duty applications.
Automotive Elastomers Market, Segmentation by Geography
In this report, the Automotive Elastomers Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Automotive Elastomers Market Share (%), by Geographical Region
North America
North America contributes nearly 20% of the global automotive elastomers market. The region is driven by strong demand for performance vehicles, aftermarket components, and innovations in lightweight automotive materials. The presence of established OEMs and tier-1 suppliers further supports growth in this market.
Europe
Europe holds approximately 25% of the market share, supported by a high focus on emission regulations and sustainable automotive manufacturing. Countries such as Germany, France, and the UK lead the adoption of elastomers in electric and hybrid vehicles, contributing to regional demand.
Asia Pacific
Asia Pacific dominates the automotive elastomers market with over 40% share. This growth is fueled by massive vehicle production volumes in China, Japan, and India, coupled with increasing use of elastomers in OEM production and aftermarket components. Rapid urbanization and expanding infrastructure are key drivers.
Middle East and Africa
The Middle East and Africa region contributes around 7% to the global market. Rising demand for commercial vehicles, replacement parts, and fuel-efficient solutions is supporting elastomer usage. Investments in local automotive manufacturing are gradually boosting regional adoption.
Latin America
Latin America accounts for nearly 8% of the global automotive elastomers market. Countries like Brazil and Mexico are emerging hubs due to growing vehicle assembly operations and demand for cost-effective elastomer components. Government initiatives and industrial growth are aiding market expansion.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Automotive Elastomers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis, Market Opportunity Mapping, PEST (Political, Economic, Social and Technological) Analysis and Porter's Five Forces Analysis.
Drivers, Restraints and Opportunity Analysis
- Drivers
- Rising Vehicle Production
- Focus on Fuel Efficiency
- Stringent Emission Regulations
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Rise of New Automotive Technologies: The automotive industry is undergoing a period of tremendous transformation driven by the rise of new technologies. These advancements are fundamentally changing the way we design, build, and interact with vehicles. Here are two of the most significant trends.
Electric Vehicles (EVs) and Autonomous Vehicles (AVs), The shift towards EVs and AVs is a major driver for new elastomer development. These technologies require specialized materials that can withstand unique operating conditions. For EVs, elastomers need to be lightweight and offer excellent electrical insulation. In AVs, elastomers play a crucial role in sensor performance and require exceptional durability for reliable operation in self-driving cars.
Connectivity and Advanced Driver-Assistance Systems (ADAS), The growing integration of connectivity and ADAS features demands elastomers with enhanced properties. These features rely on a network of sensors and electronic components that require protection from harsh environments. Advanced elastomers with improved weather resistance and electromagnetic compatibility are crucial for ensuring the smooth operation of these sophisticated systems.
- Restraints
- Fluctuating Raw Material Prices
- Stringent Environmental Regulations
- Intense Competition in the Market
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Durability Concerns and Replacement Needs: Durability Concerns and Replacement Needs, While elastomers offer a plethora of benefits in automotive applications, their durability remains a key area of focus. Factors like heat, exposure to chemicals, mechanical stress, and weather conditions can all contribute to the gradual degradation of elastomeric components.
This raises the question of replacement needs. While some elastomer parts, like tires, are designed for periodic replacement as they wear down, others are intended to last the lifetime of the vehicle. However, extreme operating conditions or exceeding recommended service intervals can necessitate earlier replacement.
Manufacturers are constantly striving to develop more durable elastomer blends and composites to address these concerns. Additionally, advancements in material science are leading to the creation of elastomers with improved resistance to specific environmental factors, extending their lifespan and reducing replacement needs.
- Opportunities
- Lightweighting
- Electric Vehicles (EVs)
- Autonomous Vehicles (AVs)
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Emerging Economies: Emerging Economies, A Powerhouse for Growth in the Automotive Elastomers Market Emerging economies like China, India, and Brazil are rapidly transforming the automotive landscape. These regions are experiencing significant growth in vehicle production, fueled by a rising middle class with increasing disposable incomes. This surge in car ownership presents a massive opportunity for the global automotive elastomers market.
Several factors contribute to the attractiveness of emerging economies for elastomer manufacturers. Firstly, the demand for cost-effective vehicles drives the need for elastomers that offer a balance of performance and affordability. Secondly, local production facilities can cater to the specific needs of these markets and reduce dependence on imports. Finally, the growing adoption of electric vehicles and advanced driver-assistance systems (ADAS) in these regions creates demand for specialized elastomers, further propelling market growth.
By strategically investing in production facilities, forging partnerships with local players, and developing elastomers tailored to the needs of these emerging markets, manufacturers can capitalize on this immense potential and contribute to the future of the automotive industry in these regions.
Competitive Landscape Analysis
Key players in Global Automotive Elastomers Market include
- Arlanxeo
- DOW
- Exxonmobil
- JSR Corporation
- Dupont
- BASF
- LG Chem
- Sabic
- Teknor Apex
- Zeon Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Region
- Automotive Elastomers Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Vehicle Production
- Focus on Fuel Efficiency
- Stringent Emission Regulations
- Rise of New Automotive Technologies
- Restraints
- Fluctuating Raw Material Prices
- Stringent Environmental Regulations
- Intense Competition in the Market
- Durability Concerns and Replacement Needs
- Opportunities
- Lightweighting
- Electric Vehicles (EVs)
- Autonomous Vehicles (AVs)
- Emerging Economies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Automotive Elastomers Market, By Type, 2021 - 2031 (USD Million)
- 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 Elastomer (TEP)
- Styrene Block Copolymer (SBC)
- Thermoplastic Polyurethane (TPU)
- Thermoplastic Polyolefins (TPO)
- Thermoplastic Vulcanizates (TPV)
- Thermoplastic Polyester Elastomers (TPC)
- Polyether Block Amide (PEBA)
- Thermoset Elastomer
- Automotive Elastomers Market, By Application, 2021 - 2031 (USD Million)
- Tire
- Non-Tire
- Automotive Elastomers Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Passenger Cars
- Light Commercial Vehicles
- Medium and Heavy Commercial Vehicles
- Automotive Elastomers Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Automotive Elastomers Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Arlanxeo
- DOW
- Exxonmobil
- JSR Corporation
- Dupont
- BASF
- LG Chem
- Sabic
- Teknor Apex
- Zeon Corporation
- Analyst Views
- Future Outlook of the Market