Increasing demand for automotive elastomer form the automobile industry is major factor expected to drive growth of the global automotive elastomer market over the forecast period.

The global automotive elastomer market report has been segmented on the basis of type, application, and region.

On the basis of type, the global automotive elastomer market has been segmented into thermoset elastomer and thermoplastic elastomer (TEP). The thermoset elastomer segment is sub-segment into natural rubber (NR) and synthetic rubber (SR). The synthetic rubber sub-segment into styrene-butadiene rubber (SBR), butyl rubber (IIR), poly butadiene rubber (BR), neoprene rubber / polychloroprene rubber (CR), and Others (nitrile butadiene rubber (NBR), acrylic rubber (ACM), ethylene propylene diene monomer (EPDM), polyisoprene rubber (IR), silicone (Q) elastomers, and fluoroelastomers). The natural rubber segment is expected to account for significant share in terms of revenue in the global automotive elastomer market. The thermoplastic elastomer segment revenue is anticipated to register highest CAGR over the forecast.

On the basis of application, the global automotive elastomer market has been segmented into tire and non-tire. The tire segment is expected to account for significant share in the global automotive elastomer market in terms of revenue. The tire segment revenue is anticipated to register highest CAGR over the forecast.

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On the basis of region, the global automotive elastomer market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific market is estimated to dominate with significant revenue share in the global automotive elastomer market in 2017. Asia Pacific market is anticipated to register highest CAGR in terms of revenue in next 10 years, owing to increasing demand from automobile industry in the countries in this region.

Key players operating in the global market include Styrene-Butadiene Rubber (SBR), Butyl Rubber (IIR), Poly Butadiene Rubber (BR), Neoprene Rubber / Polychloroprene Rubber (CR), and Others (Nitrile Butadiene Rubber (NBR), Acrylic Rubber (ACM), Ethylene Propylene Diene Monomer (EPDM), Polyisoprene Rubber (IR), Silicone (Q) Elastomers, and Fluoroelastomers).