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Elastomers Market Global Industry Analysis and Forecast (2023-2029)

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Book Description

Elastomers market is expected to reach US$ 122.57 Bn. in 2029, with a CAGR of 4.01% for the period 2023-2029, because of rising demand from several end-use industries.

Market Overview:

Conducting thorough primary and secondary research formed the basis of the global Elastomers market analysis. Secondary research supplemented existing data by segmenting the market, estimating its overall size, and predicting growth rates. This comprehensive approach utilized both primary and secondary research methods to identify market leaders, evaluate market revenue, and conduct in-depth interviews with key industry figures like CEOs, marketing executives, and experienced frontline staff. While primary research involved detailed interviews, secondary research involved reviewing annual and financial reports of major manufacturers. The comparison of secondary data with primary findings facilitated the calculation of global market splits, shares, growth rates, and breakdowns.

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Market Scope:

The study defines market segments, predicts market size, and offers insights into the dynamic structure of the Global Elastomers Market. The report provides a competitive analysis of significant firms based on pricing, financial status, application expansion strategies, and geographical presence. Additionally, a PESTLE analysis assists stakeholders in prioritizing their efforts and investments. External and internal factors likely to impact enterprises positively or negatively are thoroughly researched, aiding decision-makers in understanding the sector’s future.

Segmentation:

by Product Type

SBR (Styrene block copolymers)
IIR (Butyl Elastomer)
NBR (Nitrile Elastomer)
ACM (Acrylic Elastomer)
EPM (Ethylene-propylene Elastomer)
PEBA (Thermoplastic polyether block amides)
SBC (Styrene block copolymers)
TPO (Thermoplastic Polyolefin)
TPU (Thermoplastic Polyurethanes)
TPV (Thermoplastic Vulcanizates)

by Application

Automotive
Consumer Goods
Medical
Industrial
Others

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Key Players:

  1. BASF SE
  2. Dow
  3. Covestro AG
  4. KURARAY CO. LTD
  5. Huntsman International LLC.
  6. LG Chem. Ltd
  7. Arkema, Inc
  8. PolyOne Corporation
  9. Du Pont de Nemours and Company
    10.Stockwell Elastomerics, Inc.
    11.Innovative Silicones
    12.Universal Rubber Mfg NV
    13.JSR Corporation
    14.Zeon Corporation
    15.Celanese Corporation
    16.PJSC Nizhnekamskneftekhim
    17.Wanhua Chemical Group Co., Ltd.
    18.Lanxess AG
    19.Others

Regional Analysis:

The study analyzes the Elastomers market at a national level, focusing on potentially high-growth categories, nations with significant market shares, and those with high development potential. Geographical breakdowns in the Elastomers Market study include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other nations.

Key Questions Answered in the Elastomers Market Report:

• What is the anticipated CAGR of the Elastomers market during the forecast period?

• Which market category emerged as the leader in the Elastomers market?

• Who are the major players in the Elastomers market?

• What is the projected size of the Elastomers market in 2029?

• Which firm holds the largest market share in the Elastomers market?

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