Data Bridge Market Research analyses that the performance elastomer market was valued at USD 15.73 billion in 2021 is expected to reach USD 59.56 billion by 2029, registering a CAGR of 7.70% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

The performance elastomers market has witnessed significant growth in last few years, due to their superior properties, such as weathering and ozone resistance, flexibility, heat resistance, durability, huge variety, aging resistance, chemical resistance, and oil & gas resistance.

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Scope of the Performance Elastomer Market Report: 

Type

• Nitrile-Based Elastomers
• Fluoroelastomers
• Silicone Elastomers
• Others

 End-Use Industry

• Automotive & Transportation
• Healthcare, Industrial Machinery
• Building & Construction
• Electrical & Electronics
• Others

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Some of the major players operating in the performance elastomer market are:

• Arkema (France)
• Asahi Kasei Corporation (Japan)
• BASF SE (Germany)
• Dow (U.S)
• Covestro AG (Germany)
• Huntsman International LLC. (U.S.)
• Teknor Apex (U.S.)
• The Lubrizol Corporation (U.S.)
• Tosh Corporation (Japan)
• Kraton Corporation (U.S.)
• China Petroleum Corporation (China)
• Mitsubishi Chemical Company (Japan)
• DuPont (U.S.)
• SIBUR (Russia)
• Evonik (Germany)
• Dynasol Group (Spain) 

Performance Elastomer Market Regional Analysis/Insights

The Performance Elastomer market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Performance Elastomer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.