Press release
Performance Elastomers Market Overview-Forecast Market Size, Top Segments And Largest Region
Performance Elastomers Market
The Business Research Company's Performance Elastomers Global Market Report 2023 identifies Increasing demand in the automotive and transport industry as the major driver for the Performance Elastomers market's growth in the forecast period. Economies worldwide have been steadily growing, which has increased the standard of living, further increasing the purchasing power. The advent of the COVID-19 pandemic also resulted in individuals preferring a safer mode of transportation that promoted social distancing and thus boosted the growth of automobiles.
The global performance elastomers market size grew from $13.79 billion in 2022 to $15.11 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global performance elastomers is expected to grow to $22.18 billion in 2027 at a CAGR of 10.1%.
Download Free Sample Of Performance Elastomers Market Report - https://www.thebusinessresearchcompany.com/report/performance-elastomers-global-market-report
Major competitors in the Performance Elastomers market are Du Pont de Nemours, Arlanxeo, Zeon Chemicals LP, Solvay SA, Dow Corning Corporation, Wacker Chemie AG, Momentive Performance Materials Inc.
A key trend in the Performance Elastomers market includes development of eco-friendly high-performance elastomers. Due to the increased environmental concern, the elastomers market is witnessing the need for eco-friendly elastomer products. Sustainable and bio-based elastomers products are a critical component for achieving these objectives. Many companies operating in performance elastomers are developing eco-friendly and safe elastomers for their clients to strengthen their market position. For instance, in May 2022, Dow, a US-based chemical and plastics manufacturer, developed ENGAGE REN, plant-based high-performance polyolefin elastomers used in sustainable footwear.
Read More On The Global Performance Elastomers Market Report Here:https://www.thebusinessresearchcompany.com/report/performance-elastomers-global-market-report
The Performance Elastomers market is segmented -
• By Type: Nitrile-Based Elastomers, Fluoroelastomers, Silicone Elastomers, Other Types
• By End-Use Industry: Automotive And Transportation, Healthcare, Industrial Machinery, Building And Construction, Electrical And Electronics, Other End-Use Industry
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Performance Elastomers market.
The Business Research Company's "Global Performance Elastomers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Performance Elastomers Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7433
The Table Of Content For The Performance Elastomers Market Include:
1. Executive Summary
2. Performance Elastomers Market Characteristics
3. Performance Elastomers Market Trends And Strategies
4. Performance Elastomers Market - Macro Economic Scenario
5. Performance Elastomers Market Size And Growth
……………………………………………………..
26. Africa Performance Elastomers Market
27. Performance Elastomers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Performance Elastomers Market
29. Performance Elastomers Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook:https://www.facebook.com/TheBusinessResearchCompany
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases:https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultantsspecialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Performance Elastomers Market Overview-Forecast Market Size, Top Segments And Largest Region here
News-ID: 3276714 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Elastomers
Rising Vehicle Demand Fuels Automotive Elastomers Market Growth : Strengthening …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Automotive Elastomers Market Through 2025?
In recent times, the automotive elastomers market has experienced significant expansion. The market is projected to increase from a market size of $34.5 billion in 2024 to a value of $36.72 billion in 2025, with a compound…
Polyolefin Elastomers Market
The global Polyolefin Elastomers (POE) market was valued at approximately USD 1.36 billion in 2023. It is projected to grow to USD 2.64 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.70% from 2024 to 2032.
Polyolefin Elastomers Market Overview
Polyolefin elastomers (POEs) are a class of thermoplastic elastomers derived from olefins like ethylene and propylene. These materials combine the flexibility and elasticity of rubber with the processability of…
Key Trend Reshaping the Performance Elastomers Market in 2025: Rising Trend In E …
Which drivers are expected to have the greatest impact on the over the performance elastomers market's growth?
The performance elastomers market is projected to grow due to heightened demand within the automotive and transportation sectors. Global economies have been experiencing steady growth, thereby elevating living standards and enhancing buying power. The onset of the COVID-19 pandemic has further catalysed this trend, as personalised transportation options became preferable due to their suitability…
Acrylic Elastomers Market Research Report 2024
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Acrylic Elastomers Market size was valued at USD 857.67 Million in 2020 and is projected to reach USD 1705.87 Million by 2028, growing at a CAGR of 9% from 2021 to 2028.
Market Overview for Acrylic Elastomers Market
Acrylic Elastomers Market OverviewAcrylic elastomers represent a dynamic segment within the broader elastomer industry, characterized by their unique blend of properties that combine the benefits of both acrylic polymers and elastomers.…
Aerospace and Defence Elastomers Market
The Aerospace and Defense Elastomers Market research report by The Insight Partners includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the Aerospace and Defense…
Global Performance Elastomers Market 2024 Forecast & Companies – silicone, the …
The newly released research at Market Study Report titled “2017-2024 Global Performance Elastomers Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
Asia Pacific will be the largest performance elastomers market over the forecast years with more than 55% of the overall industry by 2024. Prevalence of a highly mature and developing automotive industry in this region will augment the…
