Automotive Elastomers Market
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], and 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%.
Automotive Elastomers Market
*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
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 November 2023, KRAIBURG TPE released THERMOLAST R RC/UV/AP, a thermoplastic elastomer for automotive exteriors that combines recycled content with superior weather resistance.
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In March 2024, Dow launched a polyolefin elastomer (POE) alternative to leather co-developed with HIUV offering enhanced softness, color stability, low‑temperature performance, and a lighter, PVC‑free option for automotive interiors.
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], and 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)]
Thermoset ElastomerThe thermoset elastomer category in the automotive market includes a diverse range of materials such as 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, and Fluoroelastomers. These materials are widely used for their superior heat, chemical, and pressure resistance, making them essential in critical automotive applications such as tires, hoses, seals, and engine components.
Thermoplastic ElastomersThe thermoplastic elastomer segment includes high-performance and recyclable materials such as Styrene Block Copolymer (SBC), Thermoplastic Polyurethane (TPU), Thermoplastic Polyolefins (TPO), Thermoplastic Vulcanizates (TPV), Thermoplastic Polyester Elastomers (TPC), and Polyether Block Amide (PEBA). These elastomers combine the properties of rubber with the processing advantages of plastics, making them suitable for lightweight, durable automotive components including seals, bumpers, and interior trims.
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 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 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.
Automotive Elastomers Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Automotive Elastomers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
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 rise of new automotive technologies is a major factor propelling growth in the automotive elastomers market. As the automotive industry transitions toward advanced systems such as electric vehicles (EVs), autonomous driving, and connected car technologies, the demand for specialized materials capable of supporting these innovations has increased. Elastomers offer unique benefits such as flexibility, vibration damping, lightweight properties, and resistance to extreme temperatures, making them essential for components used in sensors, battery packs, cable protection, and electronic housings.
Additionally, with the integration of more electronic and safety systems, vehicles require enhanced sealing, insulation, and durability—applications where elastomers play a critical role. Their ability to be molded into complex shapes and to perform reliably under mechanical stress makes them well-suited for next-generation mobility solutions. As automotive OEMs continue to innovate and adapt to new technologies, the use of high-performance elastomers will likely expand, supporting both functionality and longevity in future vehicle platforms.
Restraints
- Stringent Environmental Regulations
- Intense Competition in the Market
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Durability Concerns and Replacement Needs - Durability concerns and frequent replacement needs pose a significant restraint in the automotive elastomers market. While elastomers are valued for their flexibility and lightweight properties, they are also susceptible to wear and degradation over time, especially when exposed to high temperatures, UV radiation, and chemical agents commonly found in automotive environments. This can lead to issues such as cracking, hardening, or loss of elasticity, affecting the performance and longevity of seals, hoses, and gaskets.
As a result, vehicle owners and manufacturers may face increased maintenance costs and downtime due to the need for periodic inspection and replacement of elastomer components. For OEMs, these challenges can impact brand reputation and increase warranty claims. The limited lifespan of certain elastomer grades also deters their use in critical applications where long-term durability is essential. Without advancements in material formulation or improved performance standards, these concerns will continue to hinder wider adoption of elastomers in demanding automotive systems.
Opportunities
- Increasing use in thermal insulation
- Advancements in processing technologies
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Demand for durable sealing components - The growing demand for durable sealing components presents a significant opportunity in the automotive elastomers market. As modern vehicles become more technologically advanced and feature more complex systems, the need for high-performance seals that can withstand extreme pressures, temperatures, and environmental conditions is increasing. Elastomers are widely used in gaskets, O-rings, weatherstrips, and under-the-hood applications, where consistent sealing is critical to prevent fluid leaks, air infiltration, and mechanical failures.
With the rise of electric vehicles (EVs) and hybrid models, sealing solutions must be designed to protect sensitive components such as batteries, electric motors, and control electronics. This has led to a shift in demand toward next-generation elastomer materials that offer enhanced thermal and chemical resistance while maintaining flexibility and form integrity over time. These materials contribute to vehicle reliability, efficiency, and safety—factors that are top priorities for automakers and end users alike.
Furthermore, environmental regulations are driving the development of more robust and long-lasting sealing systems to reduce emissions and increase energy efficiency. Elastomer-based seals that minimize leakage in fuel and exhaust systems play a direct role in helping manufacturers meet stringent emission norms. As these regulations become tighter globally, investment in advanced elastomer solutions is expected to rise accordingly.
The trend toward longer vehicle lifespans and reduced maintenance intervals further underscores the market potential for durable sealing components. Manufacturers that can deliver cost-effective, high-performance elastomers tailored for modern automotive requirements will be well-positioned to capitalize on this growing demand across both conventional and electric mobility platforms.
Automotive Elastomers Market Competitive Landscape Analysis
Key players in 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
- Market Share Analysis
- 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
- Stringent Environmental Regulations
- Intense Competition in the Market
- Durability Concerns and Replacement Needs
- Opportunities
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Increasing use in thermal insulation
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Advancements in processing technologies
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Demand for durable sealing components
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- 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
- Company Profiles
- Analyst Views
- Future Outlook of the Market