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Advanced Elastomers Market by Type (Thermoplastic Elastomers, Silicon Elastomers), Application (Insulations, Implants), End-Use Industry (Medical, Industrial, Aerospace & Defense), Region- Global Forecast to 2029

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    Report

  • 247 Pages
  • December 2024
  • Region: Global
  • Markets and Markets
  • ID: 6032991
The Advanced elastomers market size is projected to grow from USD 6.0 billion in 2024 to USD 7.8 billion by 2029, registering a CAGR of 5.3% during the forecast period. The growth in the market for advanced elastomers is attributed to a number of factors. Technological innovations that improve the quality and functionality of a material make advanced elastomers more attractive for different kinds of applications. Rising demand for light yet solid materials in the industrial manufacturing, medical, and aerospace & defense sectors is a key driver. This will give a stable rise to the advanced elastomers market since industries strive to be increasingly sustainable and effective.

Implants accounted for the second largest share in application segment of Advanced elastomers market in terms of value.

The second-largest application segment of advanced elastomers is that of implants, mainly due to the critical role these materials play in medical devices and healthcare. Advanced elastomers are used in the manufacture of implants, with silicone and TPEs primarily considered for use in implants due to their excellent biocompatibility, flexibility, and durability.

It is readily tolerable by these materials under adverse conditions of the human body, such as high temperature ranges, mechanical stress, and various body fluids, without degradation or adverse reaction. One major factor for the impressive market share of implants is the growing demand for medical procedures and devices that use long-lasting and reliable materials. Medical implants, like orthopedic implants, pacemakers, and stents, are much in demand owing to the rise in the aging population of the world and a resulting increase in chronic diseases.

Medical accounted for the second largest share in end-use industry segment of Advanced elastomers market in terms of value.

The medical sector is the second-largest end-use industry segment in the advanced elastomers market because it includes materials able to withstand strict requirements regarding their use in healthcare applications. Advanced elastomers have been widely used in medical applications since they are biocompatible, flexible in nature, and resistant to multiple types of sterilization methods, which are perfect for a great many devices and other applications connected with medicine. These are used to fabricate surgery instruments and tubing, catheters, implants, and prosthetic devices in which smooth operations. One of the primary reasons that the medical field is such a large marketplace for engineered elastomers is that there is a real need from medical equipment for durable, high-quality materials. Particularly, the development of medical devices that are both safe and effective becomes almost an imperative, especially since global tendencies show an increase in aging populations and the prevalence of chronic diseases.

Silicon elastomers accounted for the second largest share in type segment of Advanced elastomers market in terms of value.

This is the second-largest type segment of the advanced elastomers market, as it is this unique combination of properties that has made silicone-based elastomers greatly indispensable in a wide range of industries. Silicone elastomers are highly valued for their high level of thermal stability, outstanding flexibility, and excellent resistance to extreme temperatures, chemicals, and UV radiation. These characteristics make them especially applicable for use in very demanding applications where other materials would fail.

In that respect, they are vastly applied in industries such as healthcare, automotive, and electronics. In the healthcare industry. silicone elastomers find wide application due to their biocompatibility-they do not cause an adverse reaction with human tissue. This bestows them with the quality needed for medical devices such as implants, prosthetics, and tubing. The features of sterilization, without loss of properties, back up the safety and efficiency of medical devices.

Asia pacific is the largest market for Advanced elastomers.

Strong manufacturing bases for many industries such as electronics, industry, and medical act as drivers of Asia Pacific's leadership in the market of advanced elastomers. This region is a leading producer of consumer electronics, whereby advanced elastomers find an application in insulation, sealing, and vibration damping. rapid growth in the construction sector, driven by rapid urbanization and infrastructure development in developing economies such as India and China, will probably boost demand for the market. Besides, low production costs, easy availability of raw materials, and skilled labor force have made it a favorite destination for multinational companies to set up bases for the manufacture of advanced elastomers. The region hosts some of the global and regional key players, and heavy investments in research and development have ensured constant innovation in elastomer technologies, further broadening their scope of applications.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Advanced elastomers market, and information was gathered from secondary research to determine and verify the market size of several segments.
  • By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
  • By Designation: C Level Executives - 20%, Directors - 10%, and Others - 70%
  • By Region: North America - 30%, Europe - 20%, APAC - 30%, the Middle East & Africa - 10%, and South America - 10%
The Advanced elastomers market comprises major players BASF SE (Germany), Celanese Corporation (Switzerland), Elkem ASA (Waltham), DuPont (US), Wacker Chemie AG (Germany), AGC Inc. (Japan), Mitsui Chemicals, Inc. (Japan), DAIKIN INDUSTRIES, Ltd. (Japan), Avient Corporation (US), Arkema (France), and Dow (US). The study includes in-depth competitive analysis of these key players in the Advanced elastomers market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This report segments the market for Advanced elastomers market on the basis of types, applications, end-use industries, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, and expansions associated with the market for Advanced elastomers market.

Key benefits of buying this report

This research report is focused on various levels of analysis industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the Advanced elastomers market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of drivers: (Increased automation in manufacturing drives demand for advanced elastomers in high-performance seals, gaskets, and hoses in robotics and machinery), restraints (The dependence on petroleum-based feedstocks exposes the market to fluctuations in crude oil prices, affecting cost stability), opportunities (Advancements in Recycling Technologies), and challenges (Developing bio-based elastomers with performance characteristics equivalent to synthetic counterparts remains a significant technical hurdle) influencing the growth of Advanced elastomers market.
  • Market Penetration: Comprehensive information on the Advanced elastomers market offered by top players in the global Advanced elastomers market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, in the Advanced elastomers market.
  • Market Development: Comprehensive information about lucrative emerging markets the report analyzes the markets for Advanced elastomers market across regions.
  • Market Capacity: Production capacities of companies producing Advanced elastomers are provided wherever available with upcoming capacities for the Advanced elastomers market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Advanced elastomers market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.3.3 Inclusions and Exclusions
1.3.4 Currency Considered
1.3.5 Units Considered
1.4 Limitations
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Sources
2.1.2.3 Key Participants for Primary Interviews
2.1.2.4 Breakdown of Primaries
2.1.2.5 Key Industry Insights
2.2 Base Number Calculation
2.2.1 Supply-Side Analysis
2.2.2 Demand-Side Analysis
2.3 Forecast
2.3.1 Supply Side
2.3.2 Demand Side
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Data Triangulation
2.6 Research Assumptions
2.7 Growth Forecast
2.8 Risk Assessment
2.9 Factor Analysis
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Advanced Elastomers Market
4.2 Advanced Elastomers Market, by Type
4.3 Advanced Elastomers Market, by Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Advanced Elastomers with Excellent Biocompatibility and Sterilization Properties due to Advancements in Medical Devices
5.2.1.2 Increasing Demand for Advanced Elastomers due to Advancements in Recycling Technologies
5.2.2 Restraints
5.2.2.1 Lack of Standardized Grades and Specifications Related to Advanced Elastomers
5.2.3 Opportunities
5.2.3.1 Development of Advanced Elastomers Suitable for 3D Printing
5.2.3.2 Innovations in Polymer Chemistry - Development of Nanocomposites and Hybrid Materials
5.2.4 Challenges
5.2.4.1 High Production Cost, Complex Manufacturing Processes, and Need for Specialized Equipment and Expertise
5.2.4.2 Development of Bio-based Elastomers with Performance Characteristics Equivalent to Synthetic Counterparts
5.3 Impact of AI/Generative AI on Advanced Elastomers Market
5.3.1 Introduction
6 Industry Trends
6.1 Introduction
6.2 Trends/Disruptions Impacting Customer Business
6.3 Supply Chain Analysis
6.4 Investment and Funding Scenario
6.5 Pricing Analysis
6.5.1 Average Selling Price Trend, by Region
6.5.2 Average Selling Price Trend, by Type
6.5.3 Average Selling Price Trend of Key Players, by Type
6.6 Ecosystem Analysis
6.7 Technology Analysis
6.7.1 Key Technologies
6.7.2 Complementary Technologies
6.7.3 Adjacent Technologies
6.8 Patent Analysis
6.8.1 Methodology
6.8.2 Granted Patents
6.8.3 Patent Publication Trends
6.8.4 Insights
6.8.5 Legal Status
6.8.6 Jurisdiction Analysis
6.8.7 Top Applicants
6.9 Trade Analysis
6.9.1 Import Scenario (HS Codes 390469 and 39100090)
6.9.2 Export Scenario (HS Codes 390469 and 39100090)
6.10 Key Conferences and Events, 2024-2025
6.11 Tariffs, Standards, and Regulatory Landscape
6.11.1 Tariff Analysis
6.11.2 Regulatory Bodies, Government Agencies, and Other Organizations
6.11.3 Standards
6.12 Porter's Five Forces Analysis
6.12.1 Threat of New Entrants
6.12.2 Threat of Substitutes
6.12.3 Bargaining Power of Suppliers
6.12.4 Bargaining Power of Buyers
6.12.5 Intensity of Competitive Rivalry
6.13 Key Stakeholders and Buying Criteria
6.13.1 Key Stakeholders in Buying Process
6.13.2 Buying Criteria
6.14 Macroeconomic Outlook
6.14.1 GDP Trends and Forecasts, by Country
6.15 Case Study Analysis
6.15.1 Innovative Dual-Dynamic Network Design in Advanced Elastomers: Achieving High Performance and Self-Healing Capabilities
6.15.2 Transformative Role of Thermoplastic Elastomers in Modern Manufacturing: Efficiency, Sustainability, and Innovation
6.15.3 Ensuring Reliability in Extreme Environments: Advanced Elastomers for Deepwater Oil Exploration
7 Advanced Elastomers Market, by Type
7.1 Introduction
7.2 Thermoplastic Elastomers (Tpes)
7.2.1 Rising Demand for Flexible and Recyclable Materials in Various Industries to Drive Market
7.3 Silicon Elastomers
7.3.1 High Performance in Extreme Conditions and Exceptional Thermal Stability to Drive Demand
7.4 Fluorinated Elastomers
7.4.1 Ability to Withstand Extended Exposure to Harsh Environments Without Compromising Performance to Fuel Demand
7.5 Ethylene Propylene Diene Monomers (Epdm)
7.5.1 Ability to Resist Cracking, Shrinking, and Securing Longevity in Harsh Environmental Conditions to Drive Demand
7.6 Other Types
7.6.1 Polyurethane Elastomers
7.6.2 Epichlorohydrin Elastomers (Eco)
8 Advanced Elastomers Market, by Application
8.1 Introduction
8.2 Insulation
8.2.1 Ability to Boost Thermal and Electrical Efficiency in Insulation Applications to Drive Demand
8.3 Implants
8.3.1 Use to Extend Operational Life and Enhance Functionality of Medical Implants to Drive Market
8.4 Flexible Circuits
8.4.1 High Adoption in Designing and Operation of Flexible Circuits to Propel Market
8.5 Connectors
8.5.1 Ability to Ensure Reliable and Resilient Connections in Critical Systems to Fuel Demand
8.6 Other Applications
8.6.1 Seals and Gaskets
8.6.2 Conveyor Systems
9 Advanced Elastomers Market, by End Use
9.1 Introduction
9.2 Industrial
9.2.1 Growing Adoption to Revolutionize Heavy-Duty Manufacturing to Drive Market
9.3 Aerospace & Defense
9.3.1 Rising Use to Ensure High Performance, Safety, and Dependability of Mission-Critical Equipment to Fuel Market Growth
9.4 Medical
9.4.1 Optimization of Medical Devices Using Advanced Elastomers for Superior Functionality and Safety to Drive Demand
9.5 Electronics & Electrical
9.5.1 Excellent Electrical Insulation, Flexibility, Thermal Stability, and Resistance to Moisture, Chemicals, and Ultraviolet Radiation to Drive Demand
9.6 Other End Uses
9.6.1 Textiles
9.6.2 Mobility & Transportation
10 Advanced Elastomers Market, by Region
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Transformation into Global Manufacturing Hub to Drive Demand
10.2.2 Japan
10.2.2.1 Technological Advancements and Rising Use of Advanced Elastomers in Electronics and Aerospace Industries to Drive Market
10.2.3 India
10.2.3.1 Rapid Industrialization and Expansion of Manufacturing Sector to Drive Demand
10.2.4 South Korea
10.2.4.1 Increased Investments in R&D for Advanced Materials to Drive Market
10.2.5 Rest of Asia-Pacific
10.3 North America
10.3.1 US
10.3.1.1 Expanding Medical and Pharmaceutical Industries to Fuel Demand
10.3.2 Canada
10.3.2.1 Rising Focus on Advanced Manufacturing Technologies and Research in Elastomer Applications to Drive Market
10.3.3 Mexico
10.3.3.1 Emergence as Manufacturing Hub to Drive Demand
10.4 Europe
10.4.1 Germany
10.4.1.1 Increased Emphasis on Innovation and Performance in Automotive Sector to Fuel Demand
10.4.2 Italy
10.4.2.1 Rising Demand for High-Quality, Durable Materials in Manufacturing of Luxury Products to Propel Demand
10.4.3 France
10.4.3.1 Increasing Demand for Advanced Elastomers in Aerospace Industry to Drive Market
10.4.4 UK
10.4.4.1 High Emphasis on High-Quality Standards and Compliance in Healthcare and Automobile Applications to Propel Demand
10.4.5 Spain
10.4.5.1 High Focus on Sustainability and Environmental Protection to Fuel Demand
10.4.6 Russia
10.4.6.1 Rising Applications of Advanced Elastomers in Industrial Sector and Aerospace Industry to Drive Market
10.4.7 Rest of Europe
10.5 Middle East & Africa
10.5.1 GCC Countries
10.5.1.1 Saudi Arabia
10.5.1.1.1 Development of New Industrial Technologies and Smart Infrastructure to Drive Market
10.5.1.2 UAE
10.5.1.2.1 Economic Diversification and Easy Access to Raw Materials to Fuel Market Growth
10.5.1.3 Rest of GCC Countries
10.5.2 South Africa
10.5.2.1 Expanding Healthcare Sector and Rising Focus on Local Manufacturing and Exports to Drive Market
10.5.3 Rest of Middle East & Africa
10.6 South America
10.6.1 Argentina
10.6.1.1 Development of Advanced Electronics Technologies to Drive Demand
10.6.2 Brazil
10.6.2.1 High Availability of Raw Materials and Rising Demand for Medical Devices to Propel Market
10.6.3 Rest of South America
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies/Right to Win
11.3 Market Share Analysis, 2023
11.3.1 Celanese Corporation
11.3.2 Basf
11.3.3 Agc Inc.
11.3.4 Mitsui Chemicals, Inc.
11.3.5 Wacker Chemie AG
11.4 Revenue Analysis, 2020-2024
11.5 Company Evaluation Matrix: Key Players, 2023
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Pervasive Players
11.5.4 Participants
11.5.5 Company Footprint: Key Players, 2023
11.5.5.1 Company Footprint
11.5.5.2 Type Footprint
11.5.5.3 Application Footprint
11.5.5.4 End Use Footprint
11.5.5.5 Region Footprint
11.6 Company Evaluation Matrix: Startups/SMEs, 2023
11.6.1 Progressive Companies
11.6.2 Responsive Companies
11.6.3 Dynamic Companies
11.6.4 Starting Blocks
11.6.5 Competitive Benchmarking: Startups/SMEs, 2023
11.6.5.1 Detailed List of Key Startups/SMEs
11.6.5.2 Competitive Benchmarking of Key Startups/SMEs
11.7 Brand/Product Comparison
11.7.1 Elastosil®
11.7.2 Milastomer™
11.7.3 Santoprene™
11.7.4 Elastollan®
11.7.5 Aflas®
11.8 Company Valuation and Financial Metrics
11.9 Competitive Scenarios
11.9.1 Product Launches
11.9.2 Expansions
11.9.3 Deals
12 Company Profiles
12.1 Key Players
12.1.1 Dow
12.1.1.1 Business Overview
12.1.1.2 Products/Solutions/Services Offered
12.1.1.3 Recent Developments
12.1.1.3.1 Product Launches
12.1.1.3.2 Others
12.1.1.4 Analyst's View
12.1.1.4.1 Key Strengths/Right to Win
12.1.1.4.2 Strategic Choices
12.1.1.4.3 Weaknesses/Competitive Threats
12.1.2 Wacker Chemie AG
12.1.2.1 Business Overview
12.1.2.2 Products/Solutions/Services Offered
12.1.2.3 Recent Developments
12.1.2.3.1 Expansions
12.1.2.4 Analyst's View
12.1.2.4.1 Key Strengths/Right to Win
12.1.2.4.2 Strategic Choices
12.1.2.4.3 Weaknesses/Competitive Threats
12.1.3 Mitsui Chemicals, Inc.
12.1.3.1 Business Overview
12.1.3.2 Products/Solutions/Services Offered
12.1.3.3 Recent Developments
12.1.3.3.1 Product Launches
12.1.3.3.2 Others
12.1.3.4 Analyst's View
12.1.3.4.1 Key Strengths/Right to Win
12.1.3.4.2 Strategic Choices
12.1.3.4.3 Weaknesses/Competitive Threats
12.1.4 Celanese Corporation
12.1.4.1 Business Overview
12.1.4.2 Products/Solutions/Services Offered
12.1.4.3 Recent Developments
12.1.4.3.1 Deals
12.1.4.4 Analyst's View
12.1.4.4.1 Key Strengths/Right to Win
12.1.4.4.2 Strategic Choices
12.1.4.4.3 Weaknesses/Competitive Threats
12.1.5 Arkema
12.1.5.1 Business Overview
12.1.5.2 Products/Solutions/Services Offered
12.1.5.3 Recent Developments
12.1.5.3.1 Expansions
12.1.5.3.2 Others
12.1.5.4 Analyst's View
12.1.5.4.1 Key Strengths/Right to Win
12.1.5.4.2 Strategic Choices
12.1.5.4.3 Weaknesses/Competitive Threats
12.1.6 Dupont
12.1.6.1 Business Overview
12.1.6.2 Products/Solutions/Services Offered
12.1.6.3 Recent Developments
12.1.6.3.1 Deals
12.1.6.3.2 Expansions
12.1.6.3.3 Others
12.1.6.4 Analyst's View
12.1.6.4.1 Key Strengths/Right to Win
12.1.6.4.2 Strategic Choices
12.1.6.4.3 Weaknesses/Competitive Threats
12.1.7 Basf
12.1.7.1 Business Overview
12.1.7.2 Products/Solutions/Services Offered
12.1.7.3 Recent Developments
12.1.7.3.1 Deals
12.1.7.3.2 Expansions
12.1.7.3.3 Others
12.1.7.4 Analyst's View
12.1.7.4.1 Key Strengths/Right to Win
12.1.7.4.2 Strategic Choices
12.1.7.4.3 Weaknesses/Competitive Threats
12.1.8 Agc Inc.
12.1.8.1 Business Overview
12.1.8.2 Products/Solutions/Services Offered
12.1.8.3 Recent Developments
12.1.8.3.1 Expansions
12.1.8.4 Analyst's View
12.1.8.4.1 Key Strengths/Right to Win
12.1.8.4.2 Strategic Choices
12.1.8.4.3 Weaknesses/Competitive Threats
12.1.9 Avient Corporation
12.1.9.1 Business Overview
12.1.9.2 Products/Solutions/Services Offered
12.1.9.3 Recent Developments
12.1.9.3.1 Product Launches
12.1.9.3.2 Others
12.1.9.4 Analyst's View
12.1.9.4.1 Key Strengths/Right to Win
12.1.9.4.2 Strategic Choices
12.1.9.4.3 Weaknesses/Competitive Threats
12.1.10 Daikin Industries, Ltd.
12.1.10.1 Business Overview
12.1.10.2 Products/Solutions/Services Offered
12.1.10.3 Analyst's View
12.1.10.3.1 Key Strengths/Right to Win
12.1.10.3.2 Strategic Choices
12.1.10.3.3 Weaknesses/Competitive Threats
12.1.11 Elkem Asa
12.1.11.1 Business Overview
12.1.11.2 Products/Solutions/Services Offered
12.1.11.3 Recent Developments
12.1.11.3.1 Deals
12.1.11.3.2 Expansions
12.1.11.4 Analyst's View
12.1.11.4.1 Key Strengths/Right to Win
12.1.11.4.2 Strategic Choices
12.1.11.4.3 Weaknesses/Competitive Threats
12.2 Other Players
12.2.1 Momentive Performance Materials
12.2.2 Rado Gummi GmbH
12.2.3 Aurora Material Solutions
12.2.4 Brp Manufacturing
12.2.5 Star Thermoplastic Alloys & Rubbers, LLC
12.2.6 Elastron Tpe
12.2.7 Rtp Company
12.2.8 Americhem
12.2.9 Stockwell Elastomerics
12.2.10 Nanjing Sisib Silicones Co. Ltd.
12.2.11 Lopigom S.P.A.
12.2.12 Cabot Corporation
12.2.13 Fusion-Polymer
12.2.14 Kraiburg Tpe
12.2.15 Arlanxeo
13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: The Subscription Portal
13.3 Customization Options
List of Tables
Table 1 Average Selling Price Trend of Advanced Elastomers, by Region, 2020-2023 (USD/Ton)
Table 2 Average Selling Price Trend of Advanced Elastomers, by Type, 2020-2023 (USD/Ton)
Table 3 Average Selling Price Trend of Advanced Elastomers Offered by Key Players, by Type, 2023 (USD/Ton)
Table 4 Roles of Companies in Advanced Elastomers Ecosystem
Table 5 3D Printing
Table 6 Controlled Radical Polymerization Technology
Table 7 Nanotechnology
Table 8 Total Number of Patents, 2014-2024
Table 9 Top Owners of Patents Related to Advanced Elastomers, 2014-2024
Table 10 List of Key Patents Related to Advanced Elastomers, 2014-2022
Table 11 Advanced Elastomers Market: List of Key Conferences and Events, 2024-2025
Table 12 Tariff Data Related to HS Code 390469-Compliant Products, by Country, 2023
Table 13 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Middle East & Africa: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 South America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Standards and Regulations for Players in Advanced Elastomers Market
Table 19 Impact of Porter's Five Forces on Advanced Elastomers Market
Table 20 Influence of Stakeholders on Buying Process, by End Use (%)
Table 21 Key Buying Criteria, by End Use
Table 22 GDP Trends and Forecasts, by Country, 2023-2025 (USD Million)
Table 23 Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 24 Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 25 Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 26 Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 27 Advanced Elastomers Market, by Application, 2020-2023 (USD Million)
Table 28 Advanced Elastomers Market, by Application, 2024-2029 (USD Million)
Table 29 Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 30 Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 31 Advanced Elastomers Market, by Region, 2020-2023 (USD Million)
Table 32 Advanced Elastomers Market, by Region, 2024-2029 (USD Million)
Table 33 Advanced Elastomers Market, by Region, 2020-2023 (Tons)
Table 34 Advanced Elastomers Market, by Region, 2024-2029 (Tons)
Table 35 Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 36 Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 37 Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 38 Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 39 Advanced Elastomers Market, by Application, 2020-2023 (USD Million)
Table 40 Advanced Elastomers Market, by Application, 2024-2029 (USD Million)
Table 41 Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 42 Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 43 Asia-Pacific: Advanced Elastomers Market, by Country, 2020-2023 (USD Million)
Table 44 Asia-Pacific: Advanced Elastomers Market, by Country, 2024-2029 (USD Million)
Table 45 Asia-Pacific: Advanced Elastomers Market, by Country, 2020-2023 (Tons)
Table 46 Asia-Pacific: Advanced Elastomers Market, by Country, 2024-2029 (Tons)
Table 47 Asia-Pacific: Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 48 Asia-Pacific: Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 49 Asia-Pacific: Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 50 Asia-Pacific: Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 51 Asia-Pacific: Advanced Elastomers Market, Application, 2020-2023 (USD Million)
Table 52 Asia-Pacific: Advanced Elastomers Market, by Application, 2024-2029 (USD Million)
Table 53 Asia-Pacific: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 54 Asia-Pacific: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 55 China: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 56 China: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 57 Japan: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 58 Japan: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 59 India: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 60 India: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 61 South Korea: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 62 South Korea: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 63 Rest of Asia-Pacific: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 64 Rest of Asia-Pacific: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 65 North America: Advanced Elastomers Market, by Country, 2020-2023 (USD Million)
Table 66 North America: Advanced Elastomers Market, by Country, 2024-2029 (USD Million)
Table 67 North America: Advanced Elastomers Market, by Country, 2020-2023 (Tons)
Table 68 North America: Advanced Elastomers Market, by Country, 2024-2029 (Tons)
Table 69 North America: Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 70 North America: Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 71 North America: Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 72 North America: Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 73 North America: Advanced Elastomers Market, by Application, 2020-2023 (USD Million)
Table 74 North America: Advanced Elastomers Market, by Application, 2024-2029 (USD Million)
Table 75 North America: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 76 North America: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 77 US: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 78 US: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 79 Canada: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 80 Canada: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 81 Mexico: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 82 Mexico: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 83 Europe: Advanced Elastomers Market, by Country, 2020-2023 (USD Million)
Table 84 Europe: Advanced Elastomers Market, by Country, 2024-2029 (USD Million)
Table 85 Europe: Advanced Elastomers Market, by Country, 2020-2023 (Tons)
Table 86 Europe: Advanced Elastomers Market, by Country, 2024-2029 (Tons)
Table 87 Europe: Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 88 Europe: Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 89 Europe: Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 90 Europe: Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 91 Europe: Advanced Elastomers Market, by Application, 2020-2023 (USD Million)
Table 92 Europe: Advanced Elastomers Market, by Application, 2024-2029 (USD Million)
Table 93 Europe: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 94 Europe: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 95 Germany: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 96 Germany: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 97 Italy: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 98 Italy: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 99 France: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 100 France: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 101 UK: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 102 UK: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 103 Spain: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 104 Spain: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 105 Russia: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 106 Russia: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 107 Rest of Europe: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 108 Rest of Europe: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 109 Middle East & Africa: Advanced Elastomers Market, by Country, 2020-2023 (USD Million)
Table 110 Middle East & Africa: Advanced Elastomers Market, by Country, 2024-2029 (USD Million)
Table 111 Middle East & Africa: Advanced Elastomers Market, by Country, 2020-2023 (Tons)
Table 112 Middle East & Africa: Advanced Elastomers Market, by Country, 2024-2029 (Tons)
Table 113 Middle East & Africa: Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 114 Middle East & Africa: Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 115 Middle East & Africa: Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 116 Middle East & Africa: Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 117 Middle East & Africa: Advanced Elastomers Market, by Application, 2020-2023 (USD Million)
Table 118 Middle East & Africa: Advanced Elastomers Market, by Application, 2024-2029 (USD Million)
Table 119 Middle East & Africa: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 120 Middle East & Africa: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 121 Saudi Arabia: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 122 Saudi Arabia: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 123 UAE: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 124 UAE: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 125 Rest of GCC Countries: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 126 Rest of GCC Countries: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 127 South Africa: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 128 South Africa: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 129 Rest of Middle East & Africa: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 130 Rest of Middle East & Africa: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 131 South America: Advanced Elastomers Market, by Country, 2020-2023 (USD Million)
Table 132 South America: Advanced Elastomers Market, by Country, 2024-2029(USD Million)
Table 133 South America: Advanced Elastomers Market, by Country, 2020-2023 (Tons)
Table 134 South America: Advanced Elastomers Market, by Country, 2024-2029 (Tons)
Table 135 South America: Advanced Elastomers Market, by Type, 2020-2023 (USD Million)
Table 136 South America: Advanced Elastomers Market, by Type, 2024-2029 (USD Million)
Table 137 South America: Advanced Elastomers Market, by Type, 2020-2023 (Tons)
Table 138 South America: Advanced Elastomers Market, by Type, 2024-2029 (Tons)
Table 139 South America: Advanced Elastomers Market, by Application, 2020-2023 (USD Million)
Table 140 South America: Advanced Elastomers Market, by Application, 2024-2029(USD Million)
Table 141 South America: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 142 South America: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 143 Argentina: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 144 Argentina: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 145 Brazil: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 146 Brazil: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 147 Rest of South America: Advanced Elastomers Market, by End Use, 2020-2023 (USD Million)
Table 148 Rest of South America: Advanced Elastomers Market, by End Use, 2024-2029 (USD Million)
Table 149 Advanced Elastomer Market: Overview of Key Strategies Adopted by Major Players
Table 150 Advanced Elastomers Market: Degree of Competition, 2023
Table 151 Advanced Elastomer Market: Type Footprint
Table 152 Advanced Elastomer Market: Application Footprint
Table 153 Advanced Elastomer Market: End Use Footprint
Table 154 Advanced Elastomer Market: Region Footprint
Table 155 Advanced Elastomer Market: Detailed List of Key Startups/SMEs
Table 156 Advanced Elastomer Market: Competitive Benchmarking of Key Startups/SMEs
Table 157 Advanced Elastomer Market: Product Launches, January 2021-July 2024
Table 158 Advanced Elastomer Market: Expansions, January 2021-July 2024
Table 159 Advanced Elastomer Market: Deals, January 2021-July 2024
Table 160 Dow: Company Overview
Table 161 Dow: Products/Solutions/Services Offered
Table 162 Dow: Product Launches
Table 163 Dow: Others
Table 164 Wacker Chemie AG: Company Overview
Table 165 Wacker Chemie AG: Products/Solutions/Services Offered
Table 166 Wacker Chemie AG: Expansions
Table 167 Mitsui Chemicals, Inc.: Company Overview
Table 168 Mitsui Chemicals, Inc.: Products/Solutions/Services Offered
Table 169 Mitsui Chemicals, Inc.: Product Launches
Table 170 Mitsui Chemicals, Inc.: Others
Table 171 Celanese Corporation: Company Overview
Table 172 Celanese Corporation: Products/Solutions/Services Offered
Table 173 Celanese Corporation: Deals
Table 174 Arkema: Company Overview
Table 175 Arkema: Products/Solutions/Services Offered
Table 176 Arkema: Expansions
Table 177 Arkema: Others
Table 178 Dupont: Company Overview
Table 179 Dupont: Products/Solutions/Services Offered
Table 180 Dupont: Deals
Table 181 Dupont: Expansions
Table 182 Dupont: Others
Table 183 Basf: Company Overview
Table 184 Basf: Products/Solutions/Services Offered
Table 185 Basf: Deals
Table 186 Basf: Expansions
Table 187 Basf: Others
Table 188 Agc Inc.: Company Overview
Table 189 Agc Inc.: Products/Solutions/Services Offered
Table 190 Agc Inc.: Expansions
Table 191 Avient Corporation: Company Overview
Table 192 Avient Corporation: Products/Solutions/Services Offered
Table 193 Avient Corporation: Product Launches
Table 194 Avient Corporation: Others
Table 195 Daikin Industries, Ltd.: Company Overview
Table 196 Daikin Industries, Ltd.: Products/Solutions/Services Offered
Table 197 Elkem Asa: Company Overview
Table 198 Elkem Asa: Products/Solutions/Services Offered
Table 199 Elkem Asa: Deals
Table 200 Basf: Expansions
Table 201 Momentive Performance Materials: Company Overview
Table 202 Rado Gummi GmbH: Company Overview
Table 203 Aurora Material Solutions: Company Overview
Table 204 Brp Manufacturing: Company Overview
Table 205 Star Thermoplastic Alloys & Rubbers, LLC: Company Overview
Table 206 Elastron Tpe: Company Overview
Table 207 Rtp Company: Company Overview
Table 208 Americhem: Company Overview
Table 209 Stockwell Elastomerics: Company Overview
Table 210 Nanjing Sisib Silicones Co. Ltd.: Company Overview
Table 211 Lopigom S.P.A.: Company Overview
Table 212 Cabot Corporation: Company Overview
Table 213 Fusion-Polymer: Company Overview
Table 214 Kraiburg Tpe: Company Overview
Table 215 Arlanxeo: Company Overview
List of Figures
Figure 1 Advanced Elastomers Market Segmentation
Figure 2 Advanced Elastomers Market: Research Design
Figure 3 Market Size Estimation Methodology: Supply-Side Approach
Figure 4 Market Size Estimation Methodology: Demand-Side Approach
Figure 5 Market Size Estimation Methodology: Revenue of Market Players
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Advanced Elastomers Market: Data Triangulation
Figure 9 Thermoplastic Elastomers Segment to Lead Market During Forecast Period
Figure 10 Insulation Segment to Lead Market During Forecast Period
Figure 11 Industrial Segment to Lead Market During Forecast Period
Figure 12 Asia-Pacific to Lead Advanced Elastomers Market During Forecast Period
Figure 13 Growing Use of Advanced Elastomers in Medical Industry to Create Lucrative Opportunities for Market Players
Figure 14 Silicon Elastomers to be Fastest-Growing Segment During Forecast Period
Figure 15 China to be Fastest-Growing Market for Advanced Elastomers During Forecast Period
Figure 16 Drivers, Restraints, Opportunities, and Challenges Related to Advanced Elastomer Market
Figure 17 Use of Generative AI in Advanced Elastomers Market
Figure 18 Trends/Disruptions Influencing Customer Business
Figure 19 Advanced Elastomers Market: Supply Chain Analysis
Figure 20 Advanced Elastomers Market: Investment and Funding Scenario, 2021, 2023, and 2024 (USD Million)
Figure 21 Average Selling Price Trend of Advanced Elastomers, by Region, 2020-2023 (USD/Ton)
Figure 22 Average Selling Price Trend of Advanced Elastomers Offered by Key Players, by Type, 2023 (USD/Ton)
Figure 23 Advanced Elastomers Ecosystem Analysis
Figure 24 Patents Granted Over Last 10 Years, 2014-2024
Figure 25 Patent Analysis, by Legal Status, 2014-2024
Figure 26 Regional Analysis of Patents Granted Related to Advanced Elastomers, 2014-2024
Figure 27 Top 10 Companies with Substantial Number of Patents, 2014-2024
Figure 28 Import Data Related to HS Code 390469-Compliant Products, by Country, 2020-2023 (USD Thousand)
Figure 29 Import Data Related to HS Code 39100090-Compliant Products, by Country, 2020-2023 (USD Thousand)
Figure 30 Export Data Related to HS Code 390469-Compliant Products, by Country, 2020-2023 (USD Thousand)
Figure 31 Export Data Related to HS Code 39100090-Compliant Products, by Country, 2020-2023 (USD Thousand)
Figure 32 Advanced Elastomers Market: Porter's Five Forces Analysis
Figure 33 Influence of Stakeholders on Buying Process, by End Use
Figure 34 Key Buying Criteria, by End Use
Figure 35 Thermoplastic Elastomers Segment to Hold Largest Share of Advanced Elastomers Market in 2024
Figure 36 Insulation Segment to Lead Advanced Elastomers Market in 2024
Figure 37 Industrial Segment to Hold Largest Share of Advanced Elastomers Market in 2024
Figure 38 Asia-Pacific to be Fastest-Growing Advanced Elastomers Market During Forecast Period
Figure 39 Asia-Pacific: Advanced Elastomers Market Snapshot
Figure 40 North America: Advanced Elastomers Market Snapshot
Figure 41 Europe: Advanced Elastomers Market Snapshot
Figure 42 Advanced Elastomers Market Share Analysis, 2023
Figure 43 Advanced Elastomers Market: Revenue Analysis of Key Companies, 2020-2024 (USD Billion)
Figure 44 Advanced Elastomers Market: Company Evaluation Matrix (Key Players), 2023
Figure 45 Advanced Elastomer Market: Company Footprint
Figure 46 Advanced Elastomers Market: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 47 Advanced Elastomer Market: Brand/Product Comparative Analysis
Figure 48 Advanced Elastomers Market: EV/EBITDA of Key Manufacturers
Figure 49 Advanced Elastomer Market: Company Valuation
Figure 50 Dow: Company Snapshot
Figure 51 Wacker Chemie AG: Company Snapshot
Figure 52 Mitsui Chemicals, Inc.: Company Snapshot
Figure 53 Celanese Corporation: Company Snapshot
Figure 54 Arkema: Company Snapshot
Figure 55 Dupont: Company Snapshot
Figure 56 Basf: Company Snapshot
Figure 57 Agc Inc.: Company Snapshot
Figure 58 Avient Corporation: Company Snapshot
Figure 59 Daikin Industries, Ltd.: Company Snapshot
Figure 60 Elkem Asa: Company Snapshot

Companies Mentioned

  • Dow
  • Wacker Chemie AG
  • Mitsui Chemicals, Inc.
  • Celanese Corporation
  • Arkema
  • Dupont
  • Basf
  • Agc Inc.
  • Avient Corporation
  • Daikin Industries, Ltd.
  • Elkem Asa
  • Momentive Performance Materials
  • Rado Gummi GmbH
  • Aurora Material Solutions
  • Brp Manufacturing
  • Star Thermoplastic Alloys & Rubbers, LLC
  • Elastron Tpe
  • Rtp Company
  • Americhem
  • Stockwell Elastomerics
  • Nanjing Sisib Silicones Co. Ltd.
  • Lopigom S.P.A.
  • Cabot Corporation
  • Fusion-Polymer
  • Kraiburg Tpe
  • Arlanxeo

Table Information