Report Highlights
The global elastomers market should grow from $82.7 billion in 2019 to $100.7 billion by 2024 at a compound annual growth rate (CAGR) of 4.0% for the period of 2019-2024.
Report Includes
- 173 tables
- An overview of the global market for the elastomers and their applications across different industry verticals
- Analyses of global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Comprehend opportunities and highlights of this innovation-driven elastomers market and the major regions and countries involved in market developments
- Key trends related to the global market and the various product types and end-use applications that will influence the industry
- Examination of the competitive landscape for market leaders, their product portfolios and growth strategies
- Company profiles of key players active in the global market, including Ashland, CNPC, DuPont, Goodyear Tire & Rubber Co., and Michelin
Report Scope
The report forecasts the size of the global market in current U.S. dollars for elastomers in value terms and/or volume terms for each material from 2018 through 2024. The forecasts are classified on the basis of product type, technology type, end application, and geographical region.
An elastomer is an elastic polymer that usually has high viscosity and weak intermolecular forces. It can be thermoplastic or thermoset. This report covers both types.
Analyst Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fiber, textile and energy industries for 18 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. Currently he is the chief scientist of a company endeavoring to reduce China's air and water pollution. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Related Reports
Global Market for Polymers Used in Electric Vehicles
The global market for polymers used in electric vehicles reached $9.1 billion in 2023. It is expected to grow from $10.4 billion in 2024 to $23.8 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% from 2024 to 2029.
Advanced Materials for 3D Printing: Technologies and Global Markets
The global market for advanced materials for 3D printing is estimated to increase from $3.3 billion in 2023 to reach $8.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% from 2024 through 2029.
Global Market for Plastics Compounding
The global market for plastic compounding is estimated to increase from $57.8 billion in 2023 to reach $80.3 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 through 2029.
Medical Plastics: Global Markets
The global market for medical plastics is estimated to increase from $25.6 billion in 2023 to reach $41.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 through 2028.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Elastomers: Applications and Global Markets
The global market for elastomers was valued at $112.7 billion in 2024. The market is projected to grow from $120.4 billion in 2025 to reach $177.7 billion by 2030, at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2030.
State of the Materials Industry - Third Quarter Review
BCC Research’s Q3 2025 report reviews materials industry performance, highlighting innovation trends, market drivers, and sustainability-focused growth insights.
High-Purity Solvents: Global Markets
The global market for high-purity solvents is estimated to grow from $32.7 billion in 2025 and forecast to reach $45 billion by the end of 2030, at a compound annual growth rate (CAGR) of 6.6% from 2025 through 2030.
Refrigerants: Global Markets
The global market for refrigerants was valued at $25.9 billion in 2024 and is estimated to increase from $27.2 billion in 2025 to reach $36.7 billion by 2030, at a compound annual growth rate (CAGR) of 6.2% from 2025 through 2030.
Flame Retardant Chemicals: Technologies and Global Markets
The global market for flame retardant chemicals is projected to grow from $6.1 billion in 2025 to $8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.3% from 2025 through 2030.
Top Trending Reports
Contract Manufacturing of Medical Devices: Global Markets
The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from 2025 to 2030.
Bioprocess Filtration: Global Markets
The global market for bioprocess filtration is estimated to grow from $8.4 billion in 2025 to reach $15.6 billion by 2030, at a compound annual growth rate (CAGR) of 13.1% from 2025 through 2030.
Global Data Center Market
The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.
Biological Therapies for Cancer: Technologies and Global Markets
The global biological therapies market for cancer is expected to grow from $157 billion in 2025 and is projected to reach $225 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2025 to 2030.
Immunotherapy Drugs: Global Markets
The global immunotherapy drugs market is expected to grow from $260.7 billion in 2025 and is projected to reach $467.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 12.4% during the forecast period of 2025 to 2030.
Report Highlights
The global market volume for elastomers should grow from 34.7 thousand kilotons in 2018 to reach 42.3 thousand kilotons by 2023 at a compound annual growth rate (CAGR) of 4.1% for the period of 2018-2023.
Report Includes
- 50 tables
- An overview of the global market for the elastomers and their applications in different industry vertical
- Analyses of global market trends with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Characterization and quantification of global elastomers market by product type, end user, application industry and geographical region
- Coverage of all major elastomers type such as Isoprene & Polyisoprene Rubber (IR), Butadiene & Polybutadiene Rubber (BR), Styrene-Butadiene Rubber (SBR), Nitrile, Nitrile-Butadiene, Acrylonitrile Rubber (NBR), Styrene-Thermoplastic-Elastomers (TPE-S), Thermoplastic Urethane Elastomers, Thermoplastic Polyester Elastomers and others
- Regional dynamics of atrial fibrillation for level covering North America, Europe, Asia-Pacific and Other emerging markets
- Detailed analysis of major drivers, restraints, opportunities and trends in the global elastomers market
- Discussion of the major players across each regional market, including Basf SE, Celanese Corp., Dow Chemical Co., Dupont and Evonik Industries
Report Highlights
The global elastomer market totaled nearly 31.4 million metric tons in 2013 and 32.5 million metric tons in 2014. The market is expected to grow to nearly 39 million metric tons by 2019, with a compound annual growth rate (CAGR) of 3.7% from 2014 to 2019.
Report Includes
- An overview of the global markets, applications, and related technologies for elastomers.
- Analyses of global market trends, with data from 2013 and 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on applications for elastomers including building/construction, automotive, appliances, electronics, and medical.
- Coverage of important elastomer manufacturing technologies.
- Evaluation of price and performance trends.
- A look at the market's key dynamics including growth drivers, inhibitors, and restraints.
- Information on leading companies in the elastomer industry.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More