Hyper Elastic Material Global Market Report 2026

Hyperelastic material, also known as green elastic material, is a type of constitutive model for an ideally elastic material, where the stress-strain relationship is derived from a strain energy density function. Hyperelastic materials are a special case within the broader category of Cauchy elastic materials.

The primary types of hyperelastic materials include ethylene vinyl acetate, thermoplastic polyurethane, butadiene rubber, silicon, and others. Thermoplastic polyurethane is a melt-processable thermoplastic elastomer known for its high durability and flexibility. These materials, encompassing both metallic and non-metallic compounds, find applications in various industries such as construction, aerospace, railway, automobile, oil and gas, 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 hyper elastic material market by increasing costs of imported polymers, specialty chemicals, additives, and processing equipment used in EVA, TPU, silicone, and rubber manufacturing. Automotive, aerospace, and construction applications in North America and Europe are most affected due to dependence on imported raw materials, while Asia-Pacific faces cost pressure on export-oriented elastomer production. These tariffs are raising production costs and affecting pricing competitiveness. However, they are also encouraging domestic polymer manufacturing, regional raw material sourcing, and innovation in alternative hyper elastic material formulations.

The hyper elastic material market research report is one of a series of new reports from The Business Research Company that provides hyper elastic material market statistics, including hyper elastic material industry global market size, regional shares, competitors with a hyper elastic material market share, detailed hyper elastic material market segments, market trends and opportunities, and any further data you may need to thrive in the hyper elastic material industry. This hyper elastic material 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 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.

Hyper Elastic Material 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 hyper elastic material 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 hyper elastic material ? 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 hyper elastic material 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: Ethylene Vinyl Acetate; Thermoplastic Polyurethane; Butadiene Rubber; Silicone
• 2) By Material: Elastomers; Thermoplastic Elastomers (TPEs); Silicone-Based Materials; Foamed Or Cellular Elastic Materials; Other Materials
• 3) By Application: Home Bedding; Construction; Aerospace; Railway; Automobile; Oil And Gas; Other Applications
• Subsegments:
• 1) By Ethylene Vinyl Acetate (EVA): EVA Copolymer; EVA Blends
• 2) By Thermoplastic Polyurethane (TPU): Aromatic TPU; Aliphatic TPU
• 3) By Butadiene Rubber: Styrene-Butadiene Rubber (SBR); Acrylonitrile Butadiene Rubber (NBR)
• 4) By Silicone: Silicone Rubber; Silicone Foam
• Companies Mentioned: 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
• 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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