Hyper Elastic Material Market Report 2026

The hyper elastic material market size has grown strongly in recent years. It will grow from $17.99 billion in 2025 to $19.18 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to expansion of polymer science research, increased use of elastomers in industrial components, growing automotive production volumes, rising adoption of flexible materials in construction, availability of advanced rubber processing techniques.

The hyper elastic material market size is expected to see strong growth in the next few years. It will grow to $24.45 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing demand for lightweight vehicle materials, rising use of elastomers in electric vehicles, expansion of aerospace material innovation, growing focus on recyclable elastic materials, advancements in computational material modeling. Major trends in the forecast period include increasing adoption of lightweight elastic polymers, rising use of tpu and silicone-based materials, growing demand for high-performance elastomers in automotive, expansion of hyper elastic materials in aerospace applications, enhanced focus on material durability and flexibility.

The rise in demand for butadiene rubber is expected to propel the growth of the hyper elastic materials market going forward. Butadiene Rubber (BR) refers to synthetic general-purpose elastomers that are sometimes used in place of natural rubber (NR). Butadiene rubber is suitable for a wide range of applications due to its high resilience, tensile strength, tear resistance, and flexibility at low temperatures. Butadiene rubber is most commonly used to manufacture tires, crap tubes, adhesives, roll covers, hoses, and gaskets, which in turn are boosting the demand for hyper elastic materials. For instance, in June 2024, according to Sunsirs, a China-based commodity group, the start of production of butadiene rubber in early 2024 was around 520%, and after the Spring Festival, it increased to a peak of around 72% within six months. Therefore, the rise in demand for butadiene rubber is driving the growth of the hyper elastic materials market.

Major companies operating in the hyper elastic materials market are concentrating on developing innovative products, such as next-generation 3D-printed hyper elastic bone, to address the increasing demand for advanced orthopedic solutions. Next-generation 3D-printed hyper elastic bone is a sophisticated biomaterial produced using additive manufacturing technology, enabling rapid fabrication of both simple and complex structures that can be customized for individual patients or created in generic shapes. For instance, in February 2023, Dimension Inx, a US-based advanced materials and biofabrication company, launched new 3D-printed hyper elastic bone for orthopedic applications. The 3D-printing materials design and manufacturing system allows a variety of biomaterials to be quickly 3D-printed. Hyper elastic bone can be rapidly printed at room temperature into structures that are either patient-specific or generically shaped. Approximately 90% of the weight of the 3D-printed structure is calcium phosphate, the same material naturally found in human bones. Each of the individual 3D-printed components can be printed at room temperature through direct extrusion, and both the material and the printed object dry almost instantly without the need for sintering, curing, or cross-linking.

In November 2023, HEXPOL AB, a Sweden-based polymer compounding company, acquired Star Thermoplastic Alloys and Rubbers, Inc. for US$ 26.5 million. Through this acquisition, HEXPOL AB aims to enter and strengthen its presence in the American TPE (thermoplastic elastomer) market, utilizing Star Thermoplastics’ existing operations and product offerings to expand its geographical footprint. Star Thermoplastic Alloys and Rubbers, Inc. is a US-based TPE compounder specializing in the production of thermoplastic elastomer compounds.

Major companies operating in the hyper elastic material market are Dow Inc., BASF SE, Lanxess AG, Covestro AG, Huntsman Corporation, Wanhua Chemical Group Co. Ltd., Kraton Corporation, Momentive Performance Materials Inc., Zeon Corporation, Kuraray Co. Ltd., Sumitomo Chemical Co. Ltd., Braskem SA, Clariant AG, LyondellBasell Industries Holdings B.V., Mitsui Chemicals Inc., Arlanxeo Holding B.V., Borealis AG, Saudi Basic Industries Corporation, The Lubrizol Corporation, Shin-Etsu Chemical Co. Ltd., Elkem ASA.

Asia-Pacific was the largest region in the hyper elastic material market in 2025, and is expected to be the fastest-growing region in the hyper elastic material market report during the forecast period. The regions covered in the hyper elastic material market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hyper elastic material market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hyper elastic material market consists of sales of hyper elastic materials that are utilized in the modeling of rubber and other polymers, biological tissue, and acoustoelasticity. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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