1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends
Analysis of the Global Elastomers Market : Emphasis of the OEM on High-performance Materials will Drive Market Revenue

Analysis of the Global Elastomers Market : Emphasis of the OEM on High-performance Materials will Drive Market Revenue

  • March 2015
  • 178 pages
  • ID: 2757370
  • Format: PDF
  • Frost & Sullivan


Table of Contents

Key Findings

•In the total elastomers market, the thermoplastic elastomers (TPE) segment is at the forefront in terms of technological advancements. The segment is mainly focused on improving processing attributes and enhancing design flexibility.
•Furthermore, the high recyclable content makes TPE the sought after material for sustainable solutions. Housing a wide range of applications, TPE demand for different end-user industries is projected to accelerate during the forecast period.
•Growing environmental concerns, along with biohazard and skin sensitization issues in the medical and hygiene industry, have steered the focus of original equipment manufacturers (OEM) towards non-latex solutions. This shifting trend is a major driver of the increasing demand of synthetic elastomer (SE) compounds.
•Dynamics in the elastomers market center around polyvinyl chloride (PVC) and metal replacement opportunities in certain applications and the substitution of competing plastic compounds and reinforced and composite materials in different applications.
•In terms of size and growth rate, Asia-Pacific (APAC) will continue leading the market in correlation to the faster growing application segments.
•Rest of World (ROW) is expected to be the second fastest growing market, with Russia and Turkey emerging as market hotspots for elastomer manufacturers. North America and Europe are expected to witness moderate growth because of the resurgence in industrial activities.
•Polymer manufacturers that are backwardly integrated are expected to have better control over the volatility of raw material prices, which will help them maintain a competitive edge in the long run. Efficient technical support and a consistent supply of high-performance products will remain as key differentiating factors among market participants.

Strategic Factsheet

•The global elastomers market was valued at $ x billion in 2014.
•Compared to SE, the TPE segment is expected to grow faster, mainly because of increasing technological innovation and product advancements.
•The global elastomers market is consolidated across all regions; therefore, brand recognition is a key competitive factor.
•Product performance, price, and technological innovation are other key competitive factors in the market.
•The global elastomers market is expected to reach $ x billion by 2021.
•Volume is estimated to reach x kilotonnes (KT) by 2021, growing at a compound annual growth rate (CAGR) of x % from 2014 to 2021.
•Increasing focus towards non-allergic and hygiene-friendly materials in the medical industry are expected to drive the growth of elastomer compounds.
•Growing opportunities in APAC will primarily drive the global elastomers market.

CEO’s Perspective

Strong growth opportunities in APAC and ROW are expected to drive the participants in the elastomers market.
To shield from raw material shortages and price hikes, manufacturers consider vertical integration as a key competitive factor in this market.
The market is expected to consolidate further, with larger entities acquiring small and regional market participants to increase market share and regional visibility.
High-level technical expertise and long-term relationships with OEMs are critical in the automotive plastics market. Hence, entry barriers are high for new participants to cater to the rapidly evolving needs of the automotive industry.
With the diverse range of available products, the customer’s procurement decision is on performance criteria such as durability, product finish, and flexibility of use, which force smaller companies to focus on product development to reach desired performance levels.

Market Definitions

•This study presents an assessment of the current status and future prospects of the global elastomers market. The research takes into account revenue generated from global elastomer sales from 2011 to 2021. Revenue is recorded at the polymer manufacturer level.
•Market revenue and volume are expressed in US dollars and KT, respectively. Average elastomer prices are represented in dollar/tonne.
•An elastomer is a polymer that has viscoelastic properties. These polymers are joined by chemical bonds acquiring a cross-linked structure.
•Elastomeric materials are characterized by wide-meshed crosslinking of the tangled molecular chains. The crosslinking adds on to the high level of dimensional stability but are still elastically malleable.
•By applying tensile load, the molecular chains become disentangled but relax again when the load is removed.
•Depending on the molecular bond structure, elastomeric materials can have properties or characteristics similar to thermosets or thermoplastics.
•Thermoset elastomers are elastomeric materials that do not melt when heated, whereas TPEs are elastomers that melt when heated.

Key Questions This Study Will Answer

At what stage is the market lifecycle, and how is it expected to grow?
What are the key factors driving and restraining market growth?
What are the dynamics influencing application segments?
What are the growth opportunities for the different application segments?
Who are the leading market participants?
What are the key competitive factors governing the market?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on