高機能エラストマー市場 – 2029年までの世界予測

Advanced Elastomers Market - Global Forecast to 2029

高機能エラストマー市場 - タイプ (熱可塑性エラストマー、シリコン エラストマー)、用途 (絶縁体、インプラント)、最終用途産業 (医療、産業、航空宇宙、防衛)、地域別 - 2029年までの世界予測
Advanced Elastomers Market by Type (Thermoplastic Elastomers, Silicon Elastomers), Application (Insulations, Implants), End-Use Industry (Medical, Industrial, Aerospace & Defense), Region- Global Forecast to 2029

商品番号 : SMB-70272

出版社MarketsandMarkets
出版年月2024年12月
ページ数247
図表数275
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The  Advanced elastomers market size is projected to grow from USD 6.0 billion in 2024 to USD 7.8 billion by 2029, registering a CAGR of 5.3% during the forecast period.

高機能エラストマー市場規模は、2024年の60億米ドルから2029年までに78億米ドルに成長すると予測されており、予測期間中に5.3%のCAGRを記録します。

The growth in the market for advanced elastomers is attributed to a number of factors. Technological innovations that improve the quality and functionality of a material make advanced elastomers more attractive for different kinds of applications. Rising demand for light yet solid materials in the industrial manufacturing, medical, and aerospace & defense sectors is a key driver. This will give a stable rise to the advanced elastomers market since industries strive to be increasingly sustainable and effective.

高機能エラストマー市場 - 2029年までの世界予測
advanced-elastomers-market-Overview

“Implants accounted for the second largest share in application segment of Advanced elastomers market in terms of value.”

The second-largest application segment of advanced elastomers is that of implants, mainly due to the critical role these materials play in medical devices and healthcare. Advanced elastomers are used in the manufacture of implants, with silicone and TPEs primarily considered for use in implants due to their excellent biocompatibility, flexibility, and durability. It is readily tolerable by these materials under adverse conditions of the human body, such as high temperature ranges, mechanical stress, and various body fluids, without degradation or adverse reaction. One major factor for the impressive market share of implants is the growing demand for medical procedures and devices that use long-lasting and reliable materials. Medical implants, like orthopedic implants, pacemakers, and stents, are much in demand owing to the rise in the aging population of the world and a resulting increase in chronic diseases.

“Medical accounted for the second largest share in end-use industry segment of Advanced elastomers market in terms of value.”

The medical sector is the second-largest end-use industry segment in the advanced elastomers market because it includes materials able to withstand strict requirements regarding their use in healthcare applications. Advanced elastomers have been widely used in medical applications since they are biocompatible, flexible in nature, and resistant to multiple types of sterilization methods, which are perfect for a great many devices and other applications connected with medicine. These are used to fabricate surgery instruments and tubing, catheters, implants, and prosthetic devices in which smooth operations. One of the primary reasons that the medical field is such a large marketplace for engineered elastomers is that there is a real need from medical equipment for durable, high-quality materials. Particularly, the development of medical devices that are both safe and effective becomes almost an imperative, especially since global tendencies show an increase in aging populations and the prevalence of chronic diseases.

“ Silicon elastomers accounted for the second largest share in type segment of Advanced elastomers market in terms of value.”

This is the second-largest type segment of the advanced elastomers market, as it is this unique combination of properties that has made silicone-based elastomers greatly indispensable in a wide range of industries. Silicone elastomers are highly valued for their high level of thermal stability, outstanding flexibility, and excellent resistance to extreme temperatures, chemicals, and UV radiation. These characteristics make them especially applicable for use in very demanding applications where other materials would fail. In that respect, they are vastly applied in industries such as healthcare, automotive, and electronics. In the healthcare industry. silicone elastomers find wide application due to their biocompatibility-they do not cause an adverse reaction with human tissue. This bestows them with the quality needed for medical devices such as implants, prosthetics, and tubing. The features of sterilization, without loss of properties, back up the safety and efficiency of medical devices.

“Asia pacific is the largest market for Advanced elastomers.”

strong manufacturing bases for many industries such as electronics, industry, and medical act as drivers of Asia Pacific’s leadership in the market of advanced elastomers. This region is a leading producer of consumer electronics, whereby advanced elastomers find an application in insulation, sealing, and vibration damping. rapid growth in the construction sector, driven by rapid urbanization and infrastructure development in developing economies such as India and China, will probably boost demand for the market. Besides, low production costs, easy availability of raw materials, and skilled labor force have made it a favorite destination for multinational companies to set up bases for the manufacture of advanced elastomers. The region hosts some of the global and regional key players, and heavy investments in research and development have ensured constant innovation in elastomer technologies, further broadening their scope of applications.

高機能エラストマー市場 - 2029年までの世界予測 region
advanced-elastomers-market-Region

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Advanced elastomers market, and information was gathered from secondary research to determine and verify the market size of several segments.

  • By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
  • By Designation: C Level Executives– 20%, Directors – 10%, and Others – 70%
  • By Region: North America – 30%, Europe – 20%, APAC – 30%, the Middle East & Africa –10%, and South America- 10%

The Advanced elastomers market comprises major players BASF SE (Germany), Celanese Corporation (Switzerland), Elkem ASA  (Waltham), DuPont (US), Wacker Chemie AG  (Germany), AGC Inc. (Japan), Mitsui Chemicals, Inc. (Japan), DAIKIN INDUSTRIES,Ltd. (Japan), Avient Corporation (US), Arkema (France), and  Dow (US). The study includes in-depth competitive analysis of these key players in the Advanced elastomers market, with their company profiles, recent developments, and key market strategies.

高機能エラストマー市場 - 2029年までの世界予測 ecosystem
advanced-elastomers-market-Ecosystem

Research Coverage

This report segments the market for Advanced elastomers market on the basis of types, applications, end-use industries, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, and expansions associated with the market for Advanced elastomers market.

Key benefits of buying this report

This research report is focused on various levels of analysis  industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the Advanced elastomers market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of drivers: (Increased automation in manufacturing drives demand for advanced elastomers in high-performance seals, gaskets, and hoses in robotics and machinery), restraints (The dependence on petroleum-based feedstocks exposes the market to fluctuations in crude oil prices, affecting cost stability), opportunities (Advancements in Recycling Technologies), and challenges (Developing bio-based elastomers with performance characteristics equivalent to synthetic counterparts remains a significant technical hurdle) influencing the growth of Advanced elastomers market.
  • Market Penetration: Comprehensive information on the Advanced elastomers market offered by top players in the global Advanced elastomers market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, in the Advanced elastomers market.
  • Market Development: Comprehensive information about lucrative emerging markets the report analyzes the markets for Advanced elastomers market across regions.
  • Market Capacity: Production capacities of companies producing Advanced elastomers are provided wherever available with upcoming capacities for the Advanced elastomers market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Advanced elastomers market.

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        MARKETS COVERED       26

1.3.2        YEARS CONSIDERED      27

1.3.3        INCLUSIONS AND EXCLUSIONS 27

1.3.4        CURRENCY CONSIDERED            28

1.3.5        UNITS CONSIDERED      28

1.4           LIMITATIONS    28

1.5           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 31

2.1.2.1    Key data from primary sources           31

2.1.2.2    Key primary sources             32

2.1.2.3    Key participants for primary interviews            32

2.1.2.4    Breakdown of primaries      33

2.1.2.5    Key industry insights           33

2.2           BASE NUMBER CALCULATION   34

2.2.1        SUPPLY-SIDE ANALYSIS                 34

2.2.2        DEMAND-SIDE ANALYSIS             34

2.3           FORECAST          34

2.3.1        SUPPLY SIDE     34

2.3.2        DEMAND SIDE  35

2.4           MARKET SIZE ESTIMATION         35

2.4.1        BOTTOM-UP APPROACH              36

2.4.2        TOP-DOWN APPROACH                36

2.5           DATA TRIANGULATION                37

2.6           RESEARCH ASSUMPTIONS           38

2.7           GROWTH FORECAST      38

2.8           RISK ASSESSMENT           39

2.9           FACTOR ANALYSIS          39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       43

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ADVANCED ELASTOMERS MARKET         43

4.2           ADVANCED ELASTOMERS MARKET, BY TYPE     43

4.3           ADVANCED ELASTOMERS MARKET, BY COUNTRY                 44

5               MARKET OVERVIEW       45

5.1           INTRODUCTION              45

5.2           MARKET DYNAMICS       45

5.2.1        DRIVERS               46

5.2.1.1    Growing demand for advanced elastomers with excellent biocompatibility and sterilization properties due to advancements in medical devices     46

5.2.1.2    Increasing demand for advanced elastomers due to advancements in recycling technologies     46

5.2.2        RESTRAINTS      47

5.2.2.1    Lack of standardized grades and specifications related to advanced elastomers            47

5.2.3        OPPORTUNITIES              47

5.2.3.1    Development of advanced elastomers suitable for 3D printing                 47

5.2.3.2    Innovations in polymer chemistry – development of nanocomposites and hybrid materials               48

5.2.4        CHALLENGES    48

5.2.4.1    High production cost, complex manufacturing processes, and need for specialized equipment and expertise 48

5.2.4.2    Development of bio-based elastomers with performance characteristics equivalent to synthetic counterparts       49

5.3           IMPACT OF AI/GENERATIVE AI ON ADVANCED ELASTOMERS MARKET 49

5.3.1        INTRODUCTION              49

6               INDUSTRY TRENDS         52

6.1           INTRODUCTION              52

6.2           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            52

6.3           SUPPLY CHAIN ANALYSIS             53

6.4           INVESTMENT AND FUNDING SCENARIO               55

6.5           PRICING ANALYSIS          56

6.5.1        AVERAGE SELLING PRICE TREND, BY REGION   56

6.5.2        AVERAGE SELLING PRICE TREND, BY TYPE         57

6.5.3        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE     57

6.6           ECOSYSTEM ANALYSIS  58

6.7           TECHNOLOGY ANALYSIS             60

6.7.1        KEY TECHNOLOGIES     60

6.7.2        COMPLEMENTARY TECHNOLOGIES       60

6.7.3        ADJACENT TECHNOLOGIES       61

6.8           PATENT ANALYSIS          61

6.8.1        METHODOLOGY              62

6.8.2        GRANTED PATENTS       62

6.8.3        PATENT PUBLICATION TRENDS               62

6.8.4        INSIGHTS            63

6.8.5        LEGAL STATUS 63

6.8.6        JURISDICTION ANALYSIS              64

6.8.7        TOP APPLICANTS            65

6.9           TRADE ANALYSIS             69

6.9.1        IMPORT SCENARIO (HS CODES 390469 AND 39100090)                 69

6.9.2        EXPORT SCENARIO (HS CODES 390469 AND 39100090)                 71

6.10         KEY CONFERENCES AND EVENTS, 2024–2025        72

6.11         TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE                 72

6.11.1      TARIFF ANALYSIS             72

6.11.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             74

6.11.3      STANDARDS      77

6.12         PORTER’S FIVE FORCES ANALYSIS           78

6.12.1      THREAT OF NEW ENTRANTS      79

6.12.2      THREAT OF SUBSTITUTES          80

6.12.3      BARGAINING POWER OF SUPPLIERS       80

6.12.4      BARGAINING POWER OF BUYERS             80

6.12.5      INTENSITY OF COMPETITIVE RIVALRY 80

6.13         KEY STAKEHOLDERS AND BUYING CRITERIA     81

6.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           81

6.13.2      BUYING CRITERIA           82

6.14         MACROECONOMIC OUTLOOK  83

6.14.1      GDP TRENDS AND FORECASTS, BY COUNTRY    83

6.15         CASE STUDY ANALYSIS 84

6.15.1      INNOVATIVE DUAL-DYNAMIC NETWORK DESIGN IN ADVANCED ELASTOMERS: ACHIEVING HIGH PERFORMANCE AND SELF-HEALING CAPABILITIES          84

6.15.2      TRANSFORMATIVE ROLE OF THERMOPLASTIC ELASTOMERS IN MODERN MANUFACTURING: EFFICIENCY, SUSTAINABILITY, AND INNOVATION     85

6.15.3      ENSURING RELIABILITY IN EXTREME ENVIRONMENTS: ADVANCED ELASTOMERS FOR DEEPWATER OIL EXPLORATION                 86

7               ADVANCED ELASTOMERS MARKET, BY TYPE     87

7.1           INTRODUCTION              88

7.2           THERMOPLASTIC ELASTOMERS (TPES)                 90

7.2.1        RISING DEMAND FOR FLEXIBLE AND RECYCLABLE MATERIALS IN VARIOUS INDUSTRIES TO DRIVE MARKET                 90

7.3           SILICON ELASTOMERS  90

7.3.1        HIGH PERFORMANCE IN EXTREME CONDITIONS AND EXCEPTIONAL THERMAL STABILITY TO DRIVE DEMAND                 90

7.4           FLUORINATED ELASTOMERS     91

7.4.1        ABILITY TO WITHSTAND EXTENDED EXPOSURE TO HARSH ENVIRONMENTS WITHOUT COMPROMISING PERFORMANCE TO FUEL DEMAND         91

7.5           ETHYLENE PROPYLENE DIENE MONOMERS (EPDM)                 91

7.5.1        ABILITY TO RESIST CRACKING, SHRINKING, AND SECURING LONGEVITY IN HARSH ENVIRONMENTAL CONDITIONS TO DRIVE DEMAND           91

7.6           OTHER TYPES   92

7.6.1        POLYURETHANE ELASTOMERS 92

7.6.2        EPICHLOROHYDRIN ELASTOMERS (ECO)             92

8               ADVANCED ELASTOMERS MARKET, BY APPLICATION                 93

8.1           INTRODUCTION              94

8.2           INSULATION      95

8.2.1        ABILITY TO BOOST THERMAL AND ELECTRICAL EFFICIENCY IN INSULATION APPLICATIONS TO DRIVE DEMAND             95

8.3           IMPLANTS           96

8.3.1        USE TO EXTEND OPERATIONAL LIFE AND ENHANCE FUNCTIONALITY OF MEDICAL IMPLANTS TO DRIVE MARKET                 96

8.4           FLEXIBLE CIRCUITS        96

8.4.1        HIGH ADOPTION IN DESIGNING AND OPERATION OF FLEXIBLE CIRCUITS TO PROPEL MARKET             96

8.5           CONNECTORS   97

8.5.1        ABILITY TO ENSURE RELIABLE AND RESILIENT CONNECTIONS IN CRITICAL SYSTEMS TO FUEL DEMAND                 97

8.6           OTHER APPLICATIONS 98

8.6.1        SEALS AND GASKETS     98

8.6.2        CONVEYOR SYSTEMS     98

9               ADVANCED ELASTOMERS MARKET, BY END USE                 99

9.1           INTRODUCTION              100

9.2           INDUSTRIAL      101

9.2.1        GROWING ADOPTION TO REVOLUTIONIZE HEAVY-DUTY MANUFACTURING TO DRIVE MARKET     101

9.3           AEROSPACE & DEFENSE                102

9.3.1        RISING USE TO ENSURE HIGH PERFORMANCE, SAFETY, AND DEPENDABILITY OF MISSION-CRITICAL EQUIPMENT TO FUEL MARKET GROWTH               102

9.4           MEDICAL             102

9.4.1        OPTIMIZATION OF MEDICAL DEVICES USING ADVANCED ELASTOMERS FOR SUPERIOR FUNCTIONALITY AND SAFETY TO DRIVE DEMAND             102

9.5           ELECTRONICS & ELECTRICAL    103

9.5.1        EXCELLENT ELECTRICAL INSULATION, FLEXIBILITY, THERMAL STABILITY, AND RESISTANCE TO MOISTURE, CHEMICALS, AND ULTRAVIOLET RADIATION TO DRIVE DEMAND             103

9.6           OTHER END USES            104

9.6.1        TEXTILES             104

9.6.2        MOBILITY & TRANSPORTATION               104

10            ADVANCED ELASTOMERS MARKET, BY REGION                 105

10.1         INTRODUCTION              106

10.2         ASIA PACIFIC     111

10.2.1      CHINA  117

10.2.1.1  Transformation into global manufacturing hub to drive demand                 117

10.2.2      JAPAN   118

10.2.2.1  Technological advancements and rising use of advanced elastomers in electronics and aerospace industries to drive market                 118

10.2.3      INDIA    119

10.2.3.1  Rapid industrialization and expansion of manufacturing sector to drive demand        119

10.2.4      SOUTH KOREA  120

10.2.4.1  Increased investments in R&D for advanced materials to drive market    120

10.2.5      REST OF ASIA PACIFIC   121

10.3         NORTH AMERICA             122

10.3.1      US           128

10.3.1.1  Expanding medical and pharmaceutical industries to fuel demand                 128

10.3.2      CANADA               129

10.3.2.1  Rising focus on advanced manufacturing technologies and research in elastomer applications to drive market         129

10.3.3      MEXICO                130

10.3.3.1  Emergence as manufacturing hub to drive demand        130

10.4         EUROPE               131

10.4.1      GERMANY           137

10.4.1.1  Increased emphasis on innovation and performance in automotive sector to fuel demand      137

10.4.2      ITALY    138

10.4.2.1  Rising demand for high-quality, durable materials in manufacturing of luxury products to propel demand     138

10.4.3      FRANCE                139

10.4.3.1  Increasing demand for advanced elastomers in aerospace industry to drive market      139

10.4.4      UK          140

10.4.4.1  High emphasis on high-quality standards and compliance in healthcare and automobile applications to propel demand            140

10.4.5      SPAIN    141

10.4.5.1  High focus on sustainability and environmental protection to fuel demand  141

10.4.6      RUSSIA 142

10.4.6.1  Rising applications of advanced elastomers in industrial sector and aerospace industry to drive market             142

10.4.7      REST OF EUROPE             143

10.5         MIDDLE EAST & AFRICA                144

10.5.1      GCC COUNTRIES              145

10.5.1.1  Saudi Arabia          150

10.5.1.1.1                Development of new industrial technologies and smart infrastructure to drive market             150

10.5.1.2  UAE        151

10.5.1.2.1                Economic diversification and easy access to raw materials to fuel market growth          151

10.5.1.3  Rest of GCC countries         152

10.5.2      SOUTH AFRICA 153

10.5.2.1  Expanding healthcare sector and rising focus on local manufacturing and exports to drive market     153

10.5.3      REST OF MIDDLE EAST & AFRICA             154

10.6         SOUTH AMERICA             155

10.6.1      ARGENTINA       159

10.6.1.1  Development of advanced electronics technologies to drive demand  159

10.6.2      BRAZIL 160

10.6.2.1  High availability of raw materials and rising demand for medical devices to propel market     160

10.6.3      REST OF SOUTH AMERICA           161

11            COMPETITIVE LANDSCAPE         163

11.1         OVERVIEW          163

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            163

11.3         MARKET SHARE ANALYSIS, 2023                 166

11.3.1      CELANESE CORPORATION          167

11.3.2      BASF      167

11.3.3      AGC INC.              168

11.3.4      MITSUI CHEMICALS, INC.             168

11.3.5      WACKER CHEMIE AG      168

11.4         REVENUE ANALYSIS, 2020–2024  169

11.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 169

11.5.1      STARS   170

11.5.2      EMERGING LEADERS     170

11.5.3      PERVASIVE PLAYERS      170

11.5.4      PARTICIPANTS 170

11.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         172

11.5.5.1  Company footprint               172

11.5.5.2  Type footprint       173

11.5.5.3  Application footprint            173

11.5.5.4  End use footprint  174

11.5.5.5  Region footprint   174

11.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        175

11.6.1      PROGRESSIVE COMPANIES         175

11.6.2      RESPONSIVE COMPANIES            175

11.6.3      DYNAMIC COMPANIES  175

11.6.4      STARTING BLOCKS         175

11.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 177

11.6.5.1  Detailed list of key startups/SMEs    177

11.6.5.2  Competitive benchmarking of key startups/SMEs          178

11.7         BRAND/PRODUCT COMPARISON             179

11.7.1      ELASTOSIL®       179

11.7.2      MILASTOMER™                 179

11.7.3      SANTOPRENE™                180

11.7.4      ELASTOLLAN®  180

11.7.5      AFLAS® 180

11.8         COMPANY VALUATION AND FINANCIAL METRICS                 180

11.9         COMPETITIVE SCENARIOS          181

11.9.1      PRODUCT LAUNCHES   181

11.9.2      EXPANSIONS     183

11.9.3      DEALS  184

12            COMPANY PROFILES      186

12.1         KEY PLAYERS     186

12.1.1      DOW     186

12.1.1.1  Business overview 186

12.1.1.2  Products/Solutions/Services offered 187

12.1.1.3  Recent developments           188

12.1.1.3.1                Product launches  188

12.1.1.3.2                Others    188

12.1.1.4  MnM view              189

12.1.1.4.1                Key strengths/Right to win 189

12.1.1.4.2                Strategic choices   189

12.1.1.4.3                Weaknesses/Competitive threats       189

12.1.2      WACKER CHEMIE AG      190

12.1.2.1  Business overview 190

12.1.2.2  Products/Solutions/Services offered 191

12.1.2.3  Recent developments           192

12.1.2.3.1                Expansions             192

12.1.2.4  MnM view              192

12.1.2.4.1                Key strengths/Right to win 192

12.1.2.4.2                Strategic choices   192

12.1.2.4.3                Weaknesses/Competitive threats       192

12.1.3      MITSUI CHEMICALS, INC.             193

12.1.3.1  Business overview 193

12.1.3.2  Products/Solutions/Services offered 194

12.1.3.3  Recent developments           194

12.1.3.3.1                Product launches  194

12.1.3.3.2                Others    194

12.1.3.4  MnM view              195

12.1.3.4.1                Key strengths/Right to win 195

12.1.3.4.2                Strategic choices   195

12.1.3.4.3                Weaknesses/Competitive threats       195

12.1.4      CELANESE CORPORATION          196

12.1.4.1  Business overview 196

12.1.4.2  Products/Solutions/Services offered 197

12.1.4.3  Recent developments           198

12.1.4.3.1                Deals      198

12.1.4.4  MnM view              199

12.1.4.4.1                Key strengths/Right to win 199

12.1.4.4.2                Strategic choices   199

12.1.4.4.3                Weaknesses/Competitive threats       199

12.1.5      ARKEMA               200

12.1.5.1  Business overview 200

12.1.5.2  Products/Solutions/Services offered 201

12.1.5.3  Recent developments           202

12.1.5.3.1                Expansions             202

12.1.5.3.2                Others    202

12.1.5.4  MnM view              202

12.1.5.4.1                Key strengths/Right to win 202

12.1.5.4.2                Strategic choices   203

12.1.5.4.3                Weaknesses/Competitive threats       203

12.1.6      DUPONT              204

12.1.6.1  Business overview 204

12.1.6.2  Products/Solutions/Services offered 205

12.1.6.3  Recent developments           206

12.1.6.3.1                Deals      206

12.1.6.3.2                Expansions             206

12.1.6.3.3                Others    207

12.1.6.4  MnM view              207

12.1.6.4.1                Key strengths/Right to win 207

12.1.6.4.2                Strategic choices   207

12.1.6.4.3                Weaknesses/Competitive threats       207

12.1.7      BASF      208

12.1.7.1  Business overview 208

12.1.7.2  Products/Solutions/Services offered 209

12.1.7.3  Recent developments           210

12.1.7.3.1                Deals      210

12.1.7.3.2                Expansions             210

12.1.7.3.3                Others    210

12.1.7.4  MnM view              210

12.1.7.4.1                Key strengths/Right to win 210

12.1.7.4.2                Strategic choices   211

12.1.7.4.3                Weaknesses/Competitive threats       211

12.1.8      AGC INC.              212

12.1.8.1  Business overview 212

12.1.8.2  Products/Solutions/Services offered 213

12.1.8.3  Recent developments           214

12.1.8.3.1                Expansions             214

12.1.8.4  MnM view              214

12.1.8.4.1                Key strengths/Right to win 214

12.1.8.4.2                Strategic choices   214

12.1.8.4.3                Weaknesses/Competitive threats       215

12.1.9      AVIENT CORPORATION                216

12.1.9.1  Business overview 216

12.1.9.2  Products/Solutions/Services offered 217

12.1.9.3  Recent developments           218

12.1.9.3.1                Product launches  218

12.1.9.3.2                Others    219

12.1.9.4  MnM view              219

12.1.9.4.1                Key strengths/Right to win 219

12.1.9.4.2                Strategic choices   219

12.1.9.4.3                Weaknesses/Competitive threats       219

12.1.10   DAIKIN INDUSTRIES, LTD.           220

12.1.10.1                 Business overview 220

12.1.10.2                 Products/Solutions/Services offered 221

12.1.10.3                 MnM view              221

12.1.10.3.1             Key strengths/Right to win 221

12.1.10.3.2             Strategic choices   221

12.1.10.3.3             Weaknesses/Competitive threats       221

12.1.11   ELKEM ASA         222

12.1.11.1                 Business overview 222

12.1.11.2                 Products/Solutions/Services offered 223

12.1.11.3                 Recent developments           223

12.1.11.3.1             Deals      223

12.1.11.3.2             Expansions             223

12.1.11.4                 MnM view              224

12.1.11.4.1             Key strengths/Right to win 224

12.1.11.4.2             Strategic choices   224

12.1.11.4.3             Weaknesses/Competitive threats       224

12.2         OTHER PLAYERS              225

12.2.1      MOMENTIVE PERFORMANCE MATERIALS            225

12.2.2      RADO GUMMI GMBH     226

12.2.3      AURORA MATERIAL SOLUTIONS              227

12.2.4      BRP MANUFACTURING 228

12.2.5      STAR THERMOPLASTIC ALLOYS & RUBBERS, LLC                 229

12.2.6      ELASTRON TPE 230

12.2.7      RTP COMPANY 231

12.2.8      AMERICHEM      232

12.2.9      STOCKWELL ELASTOMERICS     233

12.2.10   NANJING SISIB SILICONES CO., LTD.       234

12.2.11   LOPIGOM S.P.A.                235

12.2.12   CABOT CORPORATION 236

12.2.13   FUSION-POLYMER          237

12.2.14   KRAIBURG TPE 238

12.2.15   ARLANXEO          239

13            APPENDIX           240

13.1         DISCUSSION GUIDE        240

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                243

13.3         CUSTOMIZATION OPTIONS        245

13.4         RELATED REPORTS         245

13.5         AUTHOR DETAILS           246

LIST OF TABLES

TABLE 1                AVERAGE SELLING PRICE TREND OF ADVANCED ELASTOMERS, BY REGION,

2020–2023 (USD/TON)    56

TABLE 2                AVERAGE SELLING PRICE TREND OF ADVANCED ELASTOMERS, BY TYPE,

2020–2023 (USD/TON)    57

TABLE 3                AVERAGE SELLING PRICE TREND OF ADVANCED ELASTOMERS OFFERED BY KEY PLAYERS, BY TYPE, 2023 (USD/TON)               57

TABLE 4                ROLES OF COMPANIES IN ADVANCED ELASTOMERS ECOSYSTEM          59

TABLE 5                3D PRINTING     60

TABLE 6                CONTROLLED RADICAL POLYMERIZATION TECHNOLOGY  61

TABLE 7                NANOTECHNOLOGY     61

TABLE 8                TOTAL NUMBER OF PATENTS, 2014–2024                 62

TABLE 9                TOP OWNERS OF PATENTS RELATED TO ADVANCED ELASTOMERS, 2014–2024      65

TABLE 10              LIST OF KEY PATENTS RELATED TO ADVANCED ELASTOMERS, 2014–2022                66

TABLE 11              ADVANCED ELASTOMERS MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025        72

TABLE 12              TARIFF DATA RELATED TO HS CODE 390469-COMPLIANT PRODUCTS,

BY COUNTRY, 2023           73

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 74

TABLE 14              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           75

TABLE 15              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 76

TABLE 16              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 76

TABLE 17              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND

OTHER ORGANIZATIONS             77

TABLE 18              STANDARDS AND REGULATIONS FOR PLAYERS IN ADVANCED

ELASTOMERS MARKET 77

TABLE 19              IMPACT OF PORTER’S FIVE FORCES ON ADVANCED ELASTOMERS MARKET         78

TABLE 20              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE (%)           81

TABLE 21              KEY BUYING CRITERIA, BY END USE       82

TABLE 22              GDP TRENDS AND FORECASTS, BY COUNTRY, 2023–2025 (USD MILLION)            83

TABLE 23              ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (USD MILLION)            88

TABLE 24              ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (USD MILLION)            89

TABLE 25              ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (TONS)             89

TABLE 26              ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (TONS)             89

TABLE 27              ADVANCED ELASTOMERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)              94

TABLE 28              ADVANCED ELASTOMERS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              95

TABLE 29             ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)            100

TABLE 30             ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)            101

TABLE 31              ADVANCED ELASTOMERS MARKET, BY REGION, 2020–2023 (USD MILLION)            107

TABLE 32              ADVANCED ELASTOMERS MARKET, BY REGION, 2024–2029 (USD MILLION)            108

TABLE 33              ADVANCED ELASTOMERS MARKET, BY REGION, 2020–2023 (TONS)             108

TABLE 34              ADVANCED ELASTOMERS MARKET, BY REGION, 2024–2029 (TONS)             108

TABLE 35              ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (USD MILLION)            109

TABLE 36              ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (USD MILLION)            109

TABLE 37              ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (TONS)             109

TABLE 38              ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (TONS)             110

TABLE 39              ADVANCED ELASTOMERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)              110

TABLE 40              ADVANCED ELASTOMERS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              110

TABLE 41             ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)            111

TABLE 42             ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)            111

TABLE 43              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            113

TABLE 44              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            113

TABLE 45              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (TONS)             113

TABLE 46              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (TONS)             114

TABLE 47              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (USD MILLION)            114

TABLE 48              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (USD MILLION)            114

TABLE 49              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (TONS)     115

TABLE 50              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (TONS)     115

TABLE 51              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, APPLICATION,

2020–2023 (USD MILLION)            115

TABLE 52              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            116

TABLE 53              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            116

TABLE 54              ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            116

TABLE 55              CHINA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            117

TABLE 56              CHINA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            117

TABLE 57              JAPAN: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            118

TABLE 58              JAPAN: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            119

TABLE 59              INDIA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            119

TABLE 60              INDIA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            120

TABLE 61              SOUTH KOREA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            120

TABLE 62              SOUTH KOREA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            121

TABLE 63              REST OF ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            122

TABLE 64              REST OF ASIA PACIFIC: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            122

TABLE 65              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            124

TABLE 66              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            124

TABLE 67              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (TONS)             124

TABLE 68              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (TONS)             124

TABLE 69              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (USD MILLION)            125

TABLE 70              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (USD MILLION)            125

TABLE 71              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (TONS)             125

TABLE 72              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (TONS)             126

TABLE 73              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            126

TABLE 74              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            126

TABLE 75              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            127

TABLE 76              NORTH AMERICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            127

TABLE 77              US: ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)  128

TABLE 78              US: ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)  129

TABLE 79              CANADA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            129

TABLE 80              CANADA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            130

TABLE 81              MEXICO: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            130

TABLE 82              MEXICO: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            131

TABLE 83              EUROPE: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            133

TABLE 84              EUROPE: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            133

TABLE 85              EUROPE: ADVANCED ELASTOMERS MARKET, BY COUNTRY, 2020–2023 (TONS)                134

TABLE 86              EUROPE: ADVANCED ELASTOMERS MARKET, BY COUNTRY, 2024–2029 (TONS)                134

TABLE 87              EUROPE: ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (USD MILLION)         134

TABLE 88              EUROPE: ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (USD MILLION)         135

TABLE 89              EUROPE: ADVANCED ELASTOMERS MARKET, BY TYPE, 2020–2023 (TONS)         135

TABLE 90              EUROPE: ADVANCED ELASTOMERS MARKET, BY TYPE, 2024–2029 (TONS)         135

TABLE 91              EUROPE: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            136

TABLE 92              EUROPE: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            136

TABLE 93              EUROPE: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            136

TABLE 94              EUROPE: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            137

TABLE 95              GERMANY: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            138

TABLE 96              GERMANY: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            138

TABLE 97              ITALY: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            139

TABLE 98              ITALY: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            139

TABLE 99              FRANCE: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            140

TABLE 100            FRANCE: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            140

TABLE 101            UK: ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)  141

TABLE 102            UK: ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)  141

TABLE 103            SPAIN: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            142

TABLE 104            SPAIN: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            142

TABLE 105            RUSSIA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            143

TABLE 106            RUSSIA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            143

TABLE 107            REST OF EUROPE: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            144

TABLE 108            REST OF EUROPE: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            144

TABLE 109            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            145

TABLE 110            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            146

TABLE 111            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (TONS)             146

TABLE 112            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (TONS)             147

TABLE 113            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (USD MILLION)            147

TABLE 114            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (USD MILLION)            147

TABLE 115            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (TONS)             148

TABLE 116            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (TONS)             148

TABLE 117            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)            148

TABLE 118            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            149

TABLE 119            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            149

TABLE 120            MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            149

TABLE 121            SAUDI ARABIA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            150

TABLE 122            SAUDI ARABIA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            150

TABLE 123            UAE: ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)        151

TABLE 124            UAE: ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)        151

TABLE 125            REST OF GCC COUNTRIES: ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)                 152

TABLE 126            REST OF GCC COUNTRIES: ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)                 152

TABLE 127            SOUTH AFRICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            153

TABLE 128            SOUTH AFRICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            153

TABLE 129            REST OF MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)                 154

TABLE 130            REST OF MIDDLE EAST & AFRICA: ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)                 154

TABLE 131            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            155

TABLE 132            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029(USD MILLION)              155

TABLE 133            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2020–2023 (TONS)             156

TABLE 134            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY COUNTRY,

2024–2029 (TONS)             156

TABLE 135            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (USD MILLION)            156

TABLE 136            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (USD MILLION)            157

TABLE 137            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2020–2023 (TONS)             157

TABLE 138            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY TYPE,

2024–2029 (TONS)             157

TABLE 139            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            158

TABLE 140            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY APPLICATION,

2024–2029(USD MILLION)              158

TABLE 141            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            158

TABLE 142            SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            159

TABLE 143            ARGENTINA: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            159

TABLE 144            ARGENTINA: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            160

TABLE 145            BRAZIL: ADVANCED ELASTOMERS MARKET, BY END USE,

2020–2023 (USD MILLION)            160

TABLE 146            BRAZIL: ADVANCED ELASTOMERS MARKET, BY END USE,

2024–2029 (USD MILLION)            161

TABLE 147            REST OF SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY END USE, 2020–2023 (USD MILLION)                 161

TABLE 148            REST OF SOUTH AMERICA: ADVANCED ELASTOMERS MARKET, BY END USE, 2024–2029 (USD MILLION)                 162

TABLE 149            ADVANCED ELASTOMER MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED

BY MAJOR PLAYERS        163

TABLE 150            ADVANCED ELASTOMERS MARKET: DEGREE OF COMPETITION, 2023       166

TABLE 151            ADVANCED ELASTOMER MARKET: TYPE FOOTPRINT       173

TABLE 152            ADVANCED ELASTOMER MARKET: APPLICATION FOOTPRINT         173

TABLE 153            ADVANCED ELASTOMER MARKET: END USE FOOTPRINT       174

TABLE 154            ADVANCED ELASTOMER MARKET: REGION FOOTPRINT       174

TABLE 155            ADVANCED ELASTOMER MARKET: DETAILED LIST OF KEY STARTUPS/SMES   177

TABLE 156            ADVANCED ELASTOMER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES                 178

TABLE 157            ADVANCED ELASTOMER MARKET: PRODUCT LAUNCHES,

JANUARY 2021–JULY 2024               181

TABLE 158            ADVANCED ELASTOMER MARKET: EXPANSIONS, JANUARY 2021–JULY 2024  183

TABLE 159            ADVANCED ELASTOMER MARKET: DEALS, JANUARY 2021–JULY 2024               184

TABLE 160            DOW: COMPANY OVERVIEW      186

TABLE 161            DOW: PRODUCTS/SOLUTIONS/SERVICES OFFERED             187

TABLE 162            DOW: PRODUCT LAUNCHES      188

TABLE 163            DOW: OTHERS  188

TABLE 164            WACKER CHEMIE AG: COMPANY OVERVIEW                 190

TABLE 165            WACKER CHEMIE AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    191

TABLE 166            WACKER CHEMIE AG: EXPANSIONS         192

TABLE 167            MITSUI CHEMICALS, INC.: COMPANY OVERVIEW          193

TABLE 168            MITSUI CHEMICALS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    194

TABLE 169            MITSUI CHEMICALS, INC.: PRODUCT LAUNCHES          194

TABLE 170            MITSUI CHEMICALS, INC.: OTHERS          194

TABLE 171            CELANESE CORPORATION: COMPANY OVERVIEW          196

TABLE 172            CELANESE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    197

TABLE 173            CELANESE CORPORATION: DEALS          198

TABLE 174            ARKEMA: COMPANY OVERVIEW                200

TABLE 175            ARKEMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             201

TABLE 176            ARKEMA: EXPANSIONS 202

TABLE 177            ARKEMA: OTHERS            202

TABLE 178            DUPONT: COMPANY OVERVIEW               204

TABLE 179            DUPONT: PRODUCTS/SOLUTIONS/SERVICES OFFERED             205

TABLE 180            DUPONT: DEALS              206

TABLE 181            DUPONT: EXPANSIONS 206

TABLE 182            DUPONT: OTHERS          207

TABLE 183            BASF: COMPANY OVERVIEW       208

TABLE 184            BASF: PRODUCTS/SOLUTIONS/SERVICES OFFERED             209

TABLE 185            BASF: DEALS      210

TABLE 186            BASF: EXPANSIONS         210

TABLE 187            BASF: OTHERS   210

TABLE 188            AGC INC.: COMPANY OVERVIEW               212

TABLE 189            AGC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             213

TABLE 190            AGC INC.: EXPANSIONS 214

TABLE 191            AVIENT CORPORATION: COMPANY OVERVIEW                 216

TABLE 192            AVIENT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    217

TABLE 193            AVIENT CORPORATION: PRODUCT LAUNCHES                 218

TABLE 194            AVIENT CORPORATION: OTHERS             219

TABLE 195            DAIKIN INDUSTRIES, LTD.: COMPANY OVERVIEW          220

TABLE 196            DAIKIN INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    221

TABLE 197            ELKEM ASA: COMPANY OVERVIEW          222

TABLE 198            ELKEM ASA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             223

TABLE 199            ELKEM ASA: DEALS         223

TABLE 200            BASF: EXPANSIONS         223

TABLE 201            MOMENTIVE PERFORMANCE MATERIALS: COMPANY OVERVIEW   225

TABLE 202            RADO GUMMI GMBH: COMPANY OVERVIEW                 226

TABLE 203            AURORA MATERIAL SOLUTIONS: COMPANY OVERVIEW          227

TABLE 204            BRP MANUFACTURING: COMPANY OVERVIEW                 228

TABLE 205            STAR THERMOPLASTIC ALLOYS & RUBBERS, LLC: COMPANY OVERVIEW         229

TABLE 206            ELASTRON TPE: COMPANY OVERVIEW 230

TABLE 207            RTP COMPANY: COMPANY OVERVIEW  231

TABLE 208            AMERICHEM: COMPANY OVERVIEW       232

TABLE 209            STOCKWELL ELASTOMERICS: COMPANY OVERVIEW          233

TABLE 210            NANJING SISIB SILICONES CO., LTD.: COMPANY OVERVIEW          234

TABLE 211            LOPIGOM S.P.A.: COMPANY OVERVIEW 235

TABLE 212            CABOT CORPORATION: COMPANY OVERVIEW                 236

TABLE 213            FUSION-POLYMER: COMPANY OVERVIEW                 237

TABLE 214            KRAIBURG TPE: COMPANY OVERVIEW  238

TABLE 215            ARLANXEO: COMPANY OVERVIEW          239

LIST OF FIGURES

FIGURE 1              ADVANCED ELASTOMERS MARKET SEGMENTATION              26

FIGURE 2              ADVANCED ELASTOMERS MARKET: RESEARCH DESIGN                29

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH             34

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH          34

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS                35

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              36

FIGURE 7              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                36

FIGURE 8              ADVANCED ELASTOMERS MARKET: DATA TRIANGULATION             37

FIGURE 9              THERMOPLASTIC ELASTOMERS SEGMENT TO LEAD MARKET

DURING FORECAST PERIOD       40

FIGURE 10            INSULATION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       41

FIGURE 11            INDUSTRIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       41

FIGURE 12            ASIA PACIFIC TO LEAD ADVANCED ELASTOMERS MARKET DURING

FORECAST PERIOD         42

FIGURE 13            GROWING USE OF ADVANCED ELASTOMERS IN MEDICAL INDUSTRY TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 43

FIGURE 14            SILICON ELASTOMERS TO BE FASTEST-GROWING SEGMENT DURING

FORECAST PERIOD         43

FIGURE 15            CHINA TO BE FASTEST-GROWING MARKET FOR ADVANCED ELASTOMERS DURING FORECAST PERIOD 44

FIGURE 16            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES RELATED TO ADVANCED ELASTOMER MARKET                 45

FIGURE 17            USE OF GENERATIVE AI IN ADVANCED ELASTOMERS MARKET 50

FIGURE 18            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   53

FIGURE 19            ADVANCED ELASTOMERS MARKET: SUPPLY CHAIN ANALYSIS              53

FIGURE 20            ADVANCED ELASTOMERS MARKET: INVESTMENT AND FUNDING SCENARIO,

2021, 2023, AND 2024 (USD MILLION)       55

FIGURE 21            AVERAGE SELLING PRICE TREND OF ADVANCED ELASTOMERS, BY REGION,

2020–2023 (USD/TON)    56

FIGURE 22            AVERAGE SELLING PRICE TREND OF ADVANCED ELASTOMERS OFFERED

BY KEY PLAYERS, BY TYPE, 2023 (USD/TON)        57

FIGURE 23            ADVANCED ELASTOMERS ECOSYSTEM ANALYSIS            58

FIGURE 24            PATENTS GRANTED OVER LAST 10 YEARS, 2014–2024        62

FIGURE 25            PATENT ANALYSIS, BY LEGAL STATUS, 2014–2024        63

FIGURE 26            REGIONAL ANALYSIS OF PATENTS GRANTED RELATED TO ADVANCED ELASTOMERS, 2014–2024           64

FIGURE 27            TOP 10 COMPANIES WITH SUBSTANTIAL NUMBER OF PATENTS, 2014–2024              65

FIGURE 28            IMPORT DATA RELATED TO HS CODE 390469-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         70

FIGURE 29            IMPORT DATA RELATED TO HS CODE 39100090-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         70

FIGURE 30            EXPORT DATA RELATED TO HS CODE 390469-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         71

FIGURE 31            EXPORT DATA RELATED TO HS CODE 39100090-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         71

FIGURE 32            ADVANCED ELASTOMERS MARKET: PORTER’S FIVE FORCES ANALYSIS 79

FIGURE 33            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE  81

FIGURE 34            KEY BUYING CRITERIA, BY END USE       82

FIGURE 35            THERMOPLASTIC ELASTOMERS SEGMENT TO HOLD LARGEST SHARE OF ADVANCED ELASTOMERS MARKET IN 2024  88

FIGURE 36            INSULATION SEGMENT TO LEAD ADVANCED ELASTOMERS MARKET IN 2024  94

FIGURE 37            INDUSTRIAL SEGMENT TO HOLD LARGEST SHARE OF ADVANCED ELASTOMERS MARKET IN 2024    100

FIGURE 38            ASIA PACIFIC TO BE FASTEST-GROWING ADVANCED ELASTOMERS MARKET DURING FORECAST PERIOD                 107

FIGURE 39            ASIA PACIFIC: ADVANCED ELASTOMERS MARKET SNAPSHOT       112

FIGURE 40            NORTH AMERICA: ADVANCED ELASTOMERS MARKET SNAPSHOT       123

FIGURE 41            EUROPE: ADVANCED ELASTOMERS MARKET SNAPSHOT          132

FIGURE 42            ADVANCED ELASTOMERS MARKET SHARE ANALYSIS, 2023  167

FIGURE 43            ADVANCED ELASTOMERS MARKET: REVENUE ANALYSIS OF KEY COMPANIES, 2020–2024 (USD BILLION)                 169

FIGURE 44            ADVANCED ELASTOMERS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023       171

FIGURE 45            ADVANCED ELASTOMER MARKET: COMPANY FOOTPRINT       172

FIGURE 46            ADVANCED ELASTOMERS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 176

FIGURE 47            ADVANCED ELASTOMER MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS     179

FIGURE 48            ADVANCED ELASTOMERS MARKET: EV/EBITDA OF KEY MANUFACTURERS           180

FIGURE 49            ADVANCED ELASTOMER MARKET: COMPANY VALUATION       181

FIGURE 50            DOW: COMPANY SNAPSHOT      187

FIGURE 51            WACKER CHEMIE AG: COMPANY SNAPSHOT                 191

FIGURE 52            MITSUI CHEMICALS, INC.: COMPANY SNAPSHOT          193

FIGURE 53            CELANESE CORPORATION: COMPANY SNAPSHOT          197

FIGURE 54            ARKEMA: COMPANY SNAPSHOT               201

FIGURE 55            DUPONT: COMPANY SNAPSHOT              205

FIGURE 56            BASF: COMPANY SNAPSHOT      209

FIGURE 57            AGC INC.: COMPANY SNAPSHOT              213

FIGURE 58            AVIENT CORPORATION: COMPANY SNAPSHOT                 217

FIGURE 59            DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT          220

FIGURE 60            ELKEM ASA: COMPANY SNAPSHOT          222