PUBLISHER: The Business Research Company | PRODUCT CODE: 1999636
PUBLISHER: The Business Research Company | PRODUCT CODE: 1999636
Automotive elastomers refer to flexible and resilient materials used in vehicle components to absorb vibration, reduce noise, and provide sealing properties. They play a crucial role in ensuring durability and performance under various operating conditions encountered in automotive applications.
The main types of automotive elastomers include natural rubbers (NR), butyl elastomers (IIR), butadiene (BR) (polybutadiene) elastomers, ethylene-propylene (EPM or EPDM) elastomers, polyisoprene (IR) elastomers, nitrile (NBR) elastomers, silicones (Q), polychloroprene (CR) (neoprene) elastomers, acrylic (ACM) elastomers, and others. Natural rubber is a latex material obtained from the sap of rubber trees (Hevea brasiliensis), characterized by its elasticity and resilience, and widely used in industrial and consumer products. These elastomers are essential in various vehicles, such as passenger cars, light commercial vehicles, and medium to heavy commercial vehicles, and are applied in tires, interiors, exteriors, and under-the-hood components.
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 automotive elastomers market by increasing the cost of imported raw polymers, specialty rubbers, chemical additives, processing equipment, and compounding materials. Automotive manufacturers and component suppliers in North America and Europe are particularly affected due to reliance on imported elastomer feedstocks, while Asia-Pacific exporters face pricing pressure. These tariffs are raising material costs and affecting component margins. However, they are also encouraging regional production of elastomers, alternative material development, and innovation in bio-based and high-performance elastomer solutions.
The automotive elastomers market research report is one of a series of new reports from The Business Research Company that provides automotive elastomers market statistics, including automotive elastomers industry global market size, regional shares, competitors with a automotive elastomers market share, detailed automotive elastomers market segments, market trends and opportunities, and any further data you may need to thrive in the automotive elastomers industry. This automotive 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 automotive elastomers market size has grown strongly in recent years. It will grow from $36.24 billion in 2025 to $38.27 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to automotive production growth, rubber component standardization, tire manufacturing expansion, sealing requirements, vibration control needs.
The automotive elastomers market size is expected to see strong growth in the next few years. It will grow to $46.83 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to electric vehicle growth, demand for high-temperature materials, lightweight vehicle design, sustainability-driven material selection, advanced polymer development. Major trends in the forecast period include increasing use of advanced elastomers, demand for heat and chemical resistance, lightweight and durable material adoption, growth in under-the-hood applications, focus on noise and vibration control.
The growing demand for new vehicles is anticipated to drive the expansion of the automotive elastomers market. This increase in demand for new vehicles is fueled by factors such as higher consumer confidence, economic recovery, and advancements in automotive technology. Automotive elastomers are used in various vehicle components for sealing, vibration isolation, and flexibility, including seals, gaskets, tires, and suspension systems. For instance, the International Energy Agency, a France-based autonomous intergovernmental organization, reported that over 2.3 million electric cars were sold in the first quarter of 2023, marking a 25% increase from the same period in 2022. By the end of 2023, sales are expected to reach 14 million, representing a 35% year-on-year increase, with growth accelerating in the second half of the year. Thus, the rising demand for new vehicles is propelling the growth of the automotive elastomers market.
Leading companies in the automotive elastomers market are focusing on developing advanced solutions such as electrically conductive thermoplastic elastomers to enhance functionality and meet evolving industry demands. Electrically conductive thermoplastic elastomers are materials that combine the flexibility of elastomers with the electrical conductivity found in metals or conductive polymers, suitable for applications requiring both mechanical flexibility and electrical conductivity. For example, in November 2023, KRAIBURG TPE, a Germany-based thermoplastic elastomer manufacturer, launched THERMOLAST R RC/UV/AP, a TPE compound series for automotive exteriors that incorporates recycled materials and offers improved weather resistance for enhanced durability. This series is designed for various exterior vehicle applications, including cowl gaskets, window seals, underbody components, handles, and functional design elements.
In February 2025, Prism Worldwide, a US-based provider of sustainable material solutions, entered into a strategic partnership with Sherwood Industries to expand sustainable, high-performance elastomer solutions for automotive and industrial applications. Through this partnership, Prism seeks to increase the adoption of its eco-friendly TPE, TPV, and TPO materials by incorporating them into Sherwood's extruded rubber sheet production, thereby strengthening its presence in high-performance elastomer applications, including automotive. Sherwood Industries is a US-based manufacturer of automotive elastomer products.
Major companies operating in the automotive elastomers market report include BASF SE, ExxonMobil Chemical Company, Saudi Basic Industries Corporation (SABIC), Continental AG, LG Chem Ltd., Covestro AG, Asahi Kasei Corporation, Evonik Industries AG, DuPont de Nemours Inc., Arkema Group, Mitsui Chemicals Crop & Life Solutions Inc., Celanese Us Holdings LLC, Lanxess AG, Huntsman International LLC, Solvay S.A., Kuraray Co. Ltd., Trelleborg AB, Japan Synthetic Rubber Co. Ltd., Zeon Chemicals Asia Co. Ltd., Teknor Apex Elastomers Inc., Kraton Polymers LLC, Momentive Performance Materials Inc.
Asia-Pacific was the largest region in the automotive elastomers market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive elastomers market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive elastomers market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The automotive elastomers market consists of sales of seals, gaskets, hoses, belts, and vibration-dampening components. 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.
Automotive 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 automotive 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.
Where is the largest and fastest growing market for automotive 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 automotive 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.
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