Performance Elastomers Global Market Report 2026

Performance elastomers are polymers comprised of repeated units of a single monomer or multiple monomers, constructed with long chains of atoms, predominantly carbon, hydrogen, and oxygen. These elastomers find applications in manufacturing industrial products, lubricants, molds, tires, vehicle parts, prosthetics, and various other uses. Performance elastomers are known for their unique combination of high-temperature performance, durability, superior electrical insulating capabilities, and transparency.

The main types of performance elastomers include nitrile-based elastomers, fluoroelastomers, and silicone elastomers. Nitrile-based elastomers are emulsion polymers produced using rubber polymerization techniques. They are utilized in various industries, including automotive and transportation, healthcare, industrial machinery, building and construction, electrical and electronics, among others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the performance elastomers market by increasing costs of imported polymers, specialty chemicals, additives, and processing equipment. Automotive and industrial manufacturers in North America and Europe are most affected due to reliance on global raw material supply chains, while Asia-Pacific faces export cost pressures. These tariffs are raising production costs and compressing margins. At the same time, they are encouraging local polymer manufacturing, alternative material development, and increased recycling of elastomer-based products.

The performance elastomers market research report is one of a series of new reports from The Business Research Company that provides performance elastomers market statistics, including performance elastomers industry global market size, regional shares, competitors with a performance elastomers market share, detailed performance elastomers market segments, market trends and opportunities, and any further data you may need to thrive in the performance elastomers industry. This performance elastomers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The performance elastomers market size has grown rapidly in recent years. It will grow from $18.55 billion in 2025 to $20.61 billion in 2026 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to growth of automotive manufacturing, expansion of industrial machinery production, rising demand for durable sealing materials, increased use of elastomers in construction, availability of advanced polymer processing technologies.

The performance elastomers market size is expected to see rapid growth in the next few years. It will grow to $30.55 billion in 2030 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to increasing adoption of electric vehicles, rising demand for lightweight materials, expansion of healthcare device manufacturing, growing focus on high-performance industrial materials, increasing investments in advanced elastomer R&D. Major trends in the forecast period include increasing use of high-performance elastomers in automotive applications, rising demand for heat-resistant elastomer materials, growing adoption in medical and healthcare products, expansion of elastomers in electrical insulation uses, enhanced focus on material durability.

Increasing demand in the automotive and transport industry is expected to propel the performance elastomers market. Growing global economies have improved living standards and increased purchasing power. The COVID-19 pandemic also encouraged a preference for safer, socially distanced modes of transportation, boosting automobile demand. Additionally, rising gas prices have accelerated the adoption of electric vehicles (EVs) to reduce costs and improve efficiency. This surge in automotive demand has driven greater use of performance elastomers in vehicles, as they are lightweight and provide extensive design flexibility for interior and exterior components. For instance, in March 2024, according to the European Automobile Manufacturers Association (ACEA), a 10.2% rise in global car output to 76 million units, along with production increases in major regions-including the European Union exceeding 12.1 million units with over 11% growth, China surpassing 25.3 million units with more than 9% expansion, the United States reaching 7.6 million units with an 8.5% gain, and Japan producing over 7.7 million units with a 17.4% surge-demonstrated strong manufacturing momentum. Therefore, increasing vehicle production has boosted the use of performance elastomers, driving the market forward.

Major companies in the performance elastomer market are focusing on developing advanced solutions such as circular-content specialty polymers to enhance sustainability and supply-chain resilience. Circular-content specialty polymers use recycled inputs-such as post-industrial hydrofluoric acid (HF)-allocated through a mass-balance system to reduce reliance on virgin raw materials and mitigate ESG and supply-chain risks. For instance, in October 2025, Syensqo, a Belgium-based specialty-polymers company, launched a portfolio of circular-content elastomers and lubricant fluids produced at its Spinetta Marengo plant in Italy. The certified portfolio incorporates up to 29% recycled HF while maintaining the high-performance characteristics of fluoroelastomers and lubricant fluids. The range includes elastomers such as FKM and FFKM and lubricant fluids such as Fomblin M, delivering traditional strengths like high resistance to heat and chemicals and long-lasting lubrication for demanding applications. This innovation enables customers in semiconductors, automotive, and industrial sealing to meet circular-economy goals without compromising performance and strengthens supply-chain resilience against raw material sourcing and regulatory pressures.

In August 2025, HB Chemical, a US-based provider of rubber and chemical distribution, acquired Lianda Corporation for an undisclosed amount. This acquisition aims to broaden HB Chemical's specialty polymers and chemicals offerings by combining its extensive distribution and logistics network with Lianda's expertise in high-performance materials, expanding its product portfolio, technical capabilities, and geographic reach across the rubber, plastics, and specialty-polymer markets. Lianda Corporation is a US-based supplier of specialty rubbers, plastics, and chemicals, focusing on high-performance elastomers such as CPE, CSM, FKM, and HNBR.

Major companies operating in the performance elastomers market are Dow Inc., DuPont de Nemours, Inc., Solvay S.A., Wacker Chemie AG, Zeon Chemicals L.P., Shin-Etsu Chemical Co., Ltd., Mitsui Chemicals, Inc., Arkema S.A., Momentive Performance Materials Inc., Lanxess AG, BASF SE, Daikin Industries, Ltd., JSR Corporation, Kraton Corporation, Asahi Kasei Corporation, Covestro AG, Tosoh Corporation, LG Chem Ltd., SABIC, Hexpol AB, Huntsman Corporation, Dynasol Group

Asia-Pacific was the largest region in the performance elastomers market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the performance elastomers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the performance elastomers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The performance elastomer market consists of sales of fluoroelastomers such as fluorocarbons, perfluoroelastomers and fluorosilicone elastomers. 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.

Performance Elastomers Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses performance elastomers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for performance elastomers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The performance elastomers market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Nitrile-Based Elastomers; Fluoroelastomer; Silicone Elastomers; Other Types
• 2) By End-Use Industry: Automotive And Transportation; Healthcare; Industrial Machinery; Electrical And Electronics; Other End-Use Industry
• 3) By Application: Seals & Gaskets; Hoses & Tubing; O-Rings; Belts; Molded Rubber Goods; Coatings & Linings
• Subsegments:
• 1) By Nitrile-Based Elastomers: Acrylonitrile Butadiene Rubber (NBR); Hydrogenated Nitrile Butadiene Rubber (HNBR)
• 2) By Fluoroelastomer: Fluorocarbon Elastomers (FKM); Perfluoroelastomers (FFKM)
• 3) By Silicone Elastomers: Room Temperature Vulcanizing (RTV) Silicone; High-Temperature Vulcanizing (HTV) Silicone; Liquid Silicone Rubber (LSR)
• 4) By Other Types: Thermoplastic Elastomers (TPE); Polyurethane Elastomers (PU)
• Companies Mentioned: Dow Inc.; DuPont de Nemours, Inc.; Solvay S.A.; Wacker Chemie AG; Zeon Chemicals L.P.; Shin-Etsu Chemical Co., Ltd.; Mitsui Chemicals, Inc.; Arkema S.A.; Momentive Performance Materials Inc.; Lanxess AG; BASF SE; Daikin Industries, Ltd.; JSR Corporation; Kraton Corporation; Asahi Kasei Corporation; Covestro AG; Tosoh Corporation; LG Chem Ltd.; SABIC; Hexpol AB; Huntsman Corporation; Dynasol Group
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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