Global Automotive Elastomers Market Size, Share, Development, Growth and Demand Forecast to 2022

  • ID: 4085105
  • Report
  • Region: Global
  • 260 pages
  • P&S Market Research
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Market Overview

Elastomers are materials which are made of polymers that are joined by chemical bonds, acquiring a final slightly cross-linked structure. Elastomers are any rubbery material composed of long chainlike molecules, or polymers, that are capable of recovering their original shape after being stretched to great extents-hence the name elastomer has been derived from “elastic polymer.” Automotive elastomers are the elastomers used for manufacturing different automotive parts. The global automotive elastomers market is expected to witness considerable growth due to the increasing demand for high efficiency vehicles and growing automotive industry.

Under normal conditions, the long molecules making up an elastomeric material are irregularly coiled; however, with the application of force, the molecules straighten out in the direction in which they are being pulled. Upon release, the molecules spontaneously return to their normal compact and random arrangement. Elastomer rubber compounds are made from five to ten ingredients, each ingredient playing a specific role. Polymer is the main component and determines heat and chemical resistance as well as low-temperature performance. Elastomers are integrated with reinforcing filler (carbon black) for strength properties and plasticizer for improving low-temperature properties. Other ingredients include anti-oxidants, release package, scorch retarder, curative and an accelerator.

In terms of value, thermoplastic automotive elastomers, which include styrene block co-polymer (SBC), thermoplastic polyolefin (TPO), thermoplastic polyurethanes (TPU), thermoplastic vulcanizates (TPV), co-polyester ether (COPE), and polyether block amide (PEBA), held larger share than synthetic automotive elastomers in the global automotive elastomers market in 2015. In terms of volume, synthetic automotive elastomers, which include styrene butadiene rubber (SBR), ethylene propylene diene monomer (EPDM), nitrile butadiene rubber (NBR), silicone rubber, chloroprene rubber (CR) and fluoroelastomers held larger share than thermoplastic automotive elastomers in the global automotive elastomers market in 2015. Synthetic elastomers are artificially-manufactured polymers that are synthesized from petroleum by-products. Synthetic automotive elastomers are capable of handling high and low temperatures, bearing contact with fluids of various types (including at high pressures), and aggressive or corrosive environments.

Market Dynamics

The global automotive elastomers market was valued at $10,015.2 million in 2015, and it is expected to grow at a CAGR of 5.9% during the forecast period (2016 - 2022). High emphasis on lightweight materials, stringent emission regulations, increasing demand for high-efficiency vehicles, and growth in automotive industry are the major factors driving the growth of the global automotive elastomers market. The global automotive elastomers market faces challenges such as price volatility and lack of balance between automotive elastomers performance and cost.

Growth Drivers

The implementation of stringent environmental regulations worldwide is propelling the demand for reduction of CO2 emission, which drives the global automotive elastomers market. Several international organizations are framing strict guidelines and standards for reducing the greenhouse gas emissions. For instance, the European and North American legislations have formulated broad agendas towards the development of lightweight materials to minimize CO2 emission and achieve the targeted level of emissions by 2025. Various developments across Asia-Pacific for reducing carbon emission have also increased. China, the biggest greenhouse gases emitter, is planning to introduce new policies, which is expected to control the carbon emission. Additionally, other Asia-Pacific countries such as India, Australia and Indonesia are also introducing new norms and regulation to mitigate the climate change by reducing carbon emission. Deployment of these policies worldwide is expected to offer significant growth opportunities in the automotive elastomers market.

Europe and North America are strictly adhering to the emission norms and focusing on fuel economy that necessitate the manufacturers to use the automotive elastomers due to its light weight, long durability, and high precision application in gaskets, hoses, and weather seals. In North America, the Environmental Protection Agency (EPA) has introduced emission standards for cars and light trucks. According to the target, the permissible emission from a passenger car shall not exceed 225 grams per miles (g/mi) for 2016. The planned permissible emission limit for passenger car is 143 g/mi for 2025. Similarly, the permissible combined fuel economy for cars and trucks is 35.5 miles per gallon (mpg) for 2016, which would increase up to 54.5 mpg by 2025.

The growing economies and improving standards of living in countries such as China and India are the factors resulted in increased sale volumes. The use of elastomers in cars manufactured in Asia-Pacific is less, as compared to North America and Europe; however, the high production volume in Asia-Pacific has made it an attractive automotive elastomers market. The increasing industrialization has increased the overall purchasing power of consumers. According to the National Bureau of Statistics of China, the annual per capita disposable income of urban households in China increased from $2,818.6 in 2010 to $4,692.9 in 2014. The per capita GDP of India increased from $1,432.3 in 2010 to $1,500.8 in 2012, and is expected to reach $1,869.3 by 2018. The increase in disposable income or per capita GDP illustrates an increase in affordability of high performance vehicles in these countries. Such trend is expected to support increase in the demand for automotive elastomers.

Competitive Landscape

The global automotive elastomers manufacturers are increasing their capacity to manufacture high performance elastomers. This strengthens the position of the companies in the global automotive elastomers market. In April 2015, LANXESS AG successfully established new ethylene propylene diene rubber (EPDM) plant in Changzhou (Jiangsu Province), China. The new plant would manufacture total ten premium grades of EPDM tailored to Chinese and Asian customer needs. Similarly, in July 2016, Exxon Mobil Corporation announced plans to expand its specialty elastomers plant in Newport, Wales. The project is expected to be completed by late 2017 and would result in a 25% increase in its global capacity to manufacture Santoprene thermoplastic vulcanizate, high-performance elastomers used for automotive, industrial and consumer applications.

Some of the other key players in the global automotive elastomers market include BASF SE, LANXESS AG, E. I. du Pont de Nemours and Company, LyondellBasell Industries N.V., The Dow Chemical Company, Huntsman International LLC, 3M Company, China Petrochemical Corporation, and Kuraray Co. Ltd.

Scope for Customization

Customization is offered as per specific business requirements of clients. Illustrative customization within the scope of this report includes:
  • Period of Analysis - Increase in the study period, including historic and forecast years.
  • Geographical Analysis - Increase in country coverage and market break down by type and application at country level.
  • Segment Analysis - More granular coverage related to:
  • Application Segmentation - Different Application can be further analyzed for different types of synthetic elastomers.
  • Company Profiles - Wider company coverage in terms of detailed analysis or additional company profiles.
  • New custom report - A completely customized report can be provided on the market, specific to a region/ country/ segment.
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1. Research Scope And Methodology
1.1 Market Definition
1.2 Research Scope
1.2.1 Global Ballistic Protection Materials Market Breakdown By Type
1.2.2 Global Ballistic Protection Materials Market Breakdown By Material
1.2.3 Global Ballistic Protection Materials Market Breakdown By End-Use
1.2.4 Global Ballistic Protection Materials Market Breakdown By Region
1.3 Research Methodology And Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Introduction
3.1 Introduction
3.2 Opportunities In The Global Ballistic Protection Materials Market
3.2.1 Demand For Light Weight Body Armor
3.2.2 Need For Technological Advancement
3.3 Factor Driving Growth Of The Market And Its Impact On Market Forecast
3.3.1 Increasing Terrorist Activities
3.3.2 Growing Social Tension
3.3.3 Increasing Concern For Vip Security
3.3.4 Growth Of Regional Economies
3.3.5 Impact Analysis Of Drivers On Market Forecast
3.4 Factor Hindering Growth Of The Market And Its Impact On Market Forecast
3.4.1 High Equipment Cost
3.4.2 Heavy Weight Armor Affecting Agility
3.4.3 Impact Analysis Of Restraints On Market Forecast

4. Global Ballistic Protection Materials Market
4.1 Ballistic Protection Materials Market, By Type
4.1.1 Personal Protective Equipment (Ppe)
4.1.1.1 Global Ppe Ballistic Protection Materials Market, By Type
4.1.1.1.1 Soft Armor
4.1.1.1.2 Hard Armor
4.1.1.1.3 Protective Headgear
4.1.2 Vehicle Armor
4.2 Ballistic Protection Materials Market, By Material
4.2.1 Aramid
4.2.2 Glass
4.2.3 Lexan
4.2.4 Carbon Fiber Composite
4.2.5 Plastic
4.3 Ballistic Protection Materials Market, By End-Use
4.3.1 Defense
4.3.1.1 Global Ballistic Protection Materials Market For Defense, By Service
4.3.1.1.1 Armed Force
4.3.1.1.2 Air Force
4.3.1.1.3 Naval Force
4.3.2 Homeland Security
4.3.3 Commercial
4.4 Ballistic Protection Materials Market, By Region

5. Global Ballistic Protection Materials Market, By Geography
5.1 North America Ballistic Protection Materials Market
5.1.1 North America Ballistic Protection Materials Market, By Type
5.1.1.1 North America Ppe Ballistic Protection Materials Market, By Type
5.1.2 North America Ballistic Protection Materials Market, By Material
5.1.3 North America Ballistic Protection Materials Market, By End-Use
5.1.3.1 North America Ballistic Protection Materials Market For Defense, By Service
5.1.4 North America Ballistic Protection Materials Market, By Country
5.2 Europe Ballistic Protection Materials Market
5.2.1 Europe Ballistic Protection Materials Market, By Type
5.2.1.1 Europe Ppe Ballistic Protection Materials Market, By Type
5.2.2 Europe Ballistic Protection Materials Market, By Material
5.2.3 Europe Ballistic Protection Materials Market, By End-Use
5.2.3.1 Europe Ballistic Protection Materials Market For Defense, By Service
5.2.4 Europe Ballistic Protection Materials Market, By Country
5.3 Asia-Pacific Ballistic Protection Materials Market
5.3.1 Asia-Pacific Ballistic Protection Materials Market, By Type
5.3.1.1 Asia-Pacific Ppe Ballistic Protection Materials Market, By Type
5.3.2 Asia-Pacific Ballistic Protection Materials Market, By Material
5.3.3 Asia-Pacific Ballistic Protection Materials Market, By End-Use
5.3.3.1 Asia-Pacific Ballistic Protection Materials Market For Defense, By Service
5.3.4 Asia-Pacific Ballistic Protection Materials Market, By Country
5.4 Rest Of The World (ROW) Ballistic Protection Materials Market
5.4.1 ROW Ballistic Protection Materials Market, By Type
5.4.1.1 ROW Ppe Ballistic Protection Materials Market, By Type
5.4.2 ROW Ballistic Protection Materials Market, By Material
5.4.3 ROW Ballistic Protection Materials Market, By End-Use
5.4.3.1 ROW Ballistic Protection Materials Market For Defense, By Service

6. Competitive Positioning Analysis
6.1 Porter's Five Forces Of Competitive Position Analysis
6.1.1 Bargaining Power Of Buyers
6.1.2 Bargaining Power Of Suppliers
6.1.3 Threat Of New Entrants
6.1.4 Intensity Of Rivalry
6.1.5 Threat Of Substitutes
6.2 Competitive Positioning Of Global Ballistic Protection Materials Market, By End-Use

7. Company Profiles And Strategic Developments
7.1 Key Company Profiles
7.1.1 Teijin Limited
7.1.1.1 Business Overview
7.1.1.2 Product And Service Offerings
7.1.2 Honeywell International Inc.
7.1.2.1 Business Overview
7.1.2.2 Product And Service Offerings
7.1.3 Bae Systems Plc
7.1.3.1 Business Overview
7.1.3.2 Product And Service Offerings
7.1.4 E. I. Dupont De Nemours And Company
7.1.4.1 Business Overview
7.1.4.2 Product And Service Offerings
7.1.5 Koninklijke Ten Cate Nv
7.1.5.1 Business Overview
7.1.5.2 Product And Service Offerings
7.1.6 Morgan Advanced Materials Plc
7.1.6.1 Business Overview
7.1.6.2 Product And Service Offerings
7.1.7 Logistik Unicorp Inc.
7.1.7.1 Business Overview
7.1.7.2 Product And Service Offerings
7.1.8 Rheinmetall Ag.
7.1.8.1 Business Overview
7.1.8.2 Product And Service Offerings
7.1.9 3M Company
7.1.9.1 Business Overview
7.1.9.2 Product And Service Offerings
7.1.10 Fy-Composites Oy
7.1.10.1 Business Overview
7.1.10.2 Product And Service Offerings
7.2 Strategic Developments In The Global Ballistic Protection Materials Market

8. Appendix
8.1 List Of Abbreviations

List Of Tables
Table 1: Specific Primary And Secondary Sources Used For This Publication
Table 2: Global Ballistic Protection Materials Market Snapshot
Table 3: Drivers For The Market: Impact Analysis
Table 4: Restraints For The Market: Impact Analysis
Table 5: Global Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 6: Global Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 7: Global Ppe Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 8: Global Ppe Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 9: Global Ballistic Protection Materials Market, By Material, $B (2012-2015)
Table 10: Global Ballistic Protection Materials Market, By Material, $B (2016-2022)
Table 11: Global Ballistic Protection Materials Market, By End-Use, $B (2012-2015)
Table 12: Global Ballistic Protection Materials Market, By End-Use, $B (2016-2022)
Table 13: Global Ballistic Protection Materials Market For Defense, By Service, $B (2012-2015)
Table 14: Global Ballistic Protection Materials Market For Defense, By Service, $B (2016-2022)
Table 15: Global Ballistic Protection Materials Market, By Region, $B (2012-2015)
Table 16: Global Ballistic Protection Materials Market, By Region, $B (2016-2022)
Table 17: North America Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 18: North America Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 19: North America Ppe Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 20: North America Ppe Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 21: North America Ballistic Protection Materials Market, By Material, $B (2012-2015)
Table 22: North America Ballistic Protection Materials Market, By Material, $B (2016-2022)
Table 23: North America Ballistic Protection Materials Market, By End-Use, $B (2012-2015)
Table 24: North America Ballistic Protection Materials Market, By End-Use, $B (2016-2022)
Table 25: North America Ballistic Protection Materials Market For Defense, By Service, $B (2012-2015)
Table 26: North America Ballistic Protection Materials Market For Defense, By Service, $B (2016-2022)
Table 27: North America Ballistic Protection Materials Market, By Country, $B (2012-2015)
Table 28: North America Ballistic Protection Materials Market, By Country, $B (2016-2022)
Table 29: Europe Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 30: Europe Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 31: Europe Ppe Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 32: Europe Ppe Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 33: Europe Ballistic Protection Materials Market, By Material, $B (2012-2015)
Table 34: Europe Ballistic Protection Materials Market, By Material, $B (2016-2022)
Table 35: Europe Ballistic Protection Materials Market, By End-Use, $B (2012-2015)
Table 36: Europe Ballistic Protection Materials Market, By End-Use, $B (2016-2022)
Table 37: Europe Ballistic Protection Materials Market For Defense, By Service, $B (2012-2015)
Table 38: Europe Ballistic Protection Materials Market For Defense, By Service, $B (2016-2022)
Table 39: Europe Ballistic Protection Materials Market, By Country, $B (2012-2015)
Table 40: Europe Ballistic Protection Materials Market, By Country, $B (2016-2022)
Table 41: Asia-Pacific Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 42: Asia-Pacific Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 43: Asia-Pacific Ppe Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 44: Asia-Pacific Ppe Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 45: Asia-Pacific Ballistic Protection Materials Market, By Material, $B (2012-2015)
Table 46: Asia-Pacific Ballistic Protection Materials Market, By Material, $B (2016-2022)
Table 47: Asia-Pacific Ballistic Protection Materials Market, By End-Use, $B (2012-2015)
Table 48: Asia-Pacific Ballistic Protection Materials Market, By End-Use, $B (2016-2022)
Table 49: Asia-Pacific Ballistic Protection Materials Market For Defense, By Service, $B (2012-2015)
Table 50: Asia-Pacific Ballistic Protection Materials Market For Defense, By Service, $B (2016-2022)
Table 51: Asia-Pacific Ballistic Protection Materials Market, By Country, $B (2012-2015)
Table 52: Asia-Pacific Ballistic Protection Materials Market, By Country, $B (2016-2022)
Table 53: ROW Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 54: ROW Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 55: ROW Ppe Ballistic Protection Materials Market, By Type, $B (2012-2015)
Table 56: ROW Ppe Ballistic Protection Materials Market, By Type, $B (2016-2022)
Table 57: ROW Ballistic Protection Materials Market, By Material, $B (2012-2015
Table 58: ROW Ballistic Protection Materials Market, By Material, $B (2016-2022)
Table 59: ROW Ballistic Protection Materials Market, By End-Use, $B (2012-2015)
Table 60: ROW Ballistic Protection Materials Market, By End-Use, $B (2016-2022)
Table 61: ROW Ballistic Protection Materials Market For Defense, By Service, $B (2012-2015)
Table 62: ROW Ballistic Protection Materials Market For Defense, By Service, $B (2016-2022)
Table 63: Teijin Limited-Key Facts
Table 64: Offerings Of Teijin Limited
Table 65: Honeywell International Inc.-Key Facts
Table 66: Offerings Of Honeywell International Inc.
Table 67: Bae Systems Plc-Key Facts
Table 68: Offerings Of Bae Systems Plc
Table 69: E. I. Dupont De Nemours And Company-Key Facts
Table 70: Offerings Of E I Dupont De Nemours & Company
Table 71: Koninklijke Ten Cate Nv-Key Facts
Table 72: Offerings Of Koninklijke Ten Cate Nv
Table 73: Morgan Advanced Materials Plc-Key Facts
Table 74: Offerings Of Morgan Advanced Materials Plc
Table 75: Logistik Unicorp Inc.-Key Facts
Table 76: Offerings Of Logistik Unicorp Inc.
Table 77: Rheinmetall Ag-Key Facts
Table 78: Offerings Of Rheinmetall Ag
Table 79: 3M Company-Key Facts
Table 80: Offerings Of 3M Company
Table 81: Fy-Composites Oy-Key Facts
Table 82: Offerings Of Fy-Composite Oy

List Of Figures
Fig 1: Market Scope For Global Ballistic Protection Materials Market
Fig 2: Research Methodology For Global Ballistic Protection Materials Market
Fig 3: Global Ballistic Protection Materials Market Split, By Region (2015)
Fig 4: Global Ballistic Protection Materials Market, $B (2012-2022)
Fig 5: Global Ballistic Protection Materials Market Split, By Type (2015)
Fig 6: Global Ballistic Protection Materials Market, By Type, $B (2012-2022)
Fig 7: Global Ppe Ballistic Protection Maetrials Market, $B (2012-2022)
Fig 8: Global Ppe Ballistic Protection Materials Market, By Type, $B (2012-2022)
Fig 9: Global Ppe Ballsitic Protection Materials Market For Soft Armor, $B (2012-2022)
Fig 10: Global Ppe Ballistic Protection Materials Market For Hard Armor, $B (2012-2022)
Fig 11: Global Ppe Ballistic Protection Materials Market For Protective Headgear, $B (2012-2022)
Fig 12: Global Vehicle Armor Ballistic Protection Materials Market, $B (2012-2022)
Fig 13: Global Ballistic Protection Materials Market Split, By Material (2015)
Fig 14: Global Ballistic Protection Materials Market, By Material, $B (2012-2022)
Fig 15: Global Aramid Based Ballistic Protection Materials Market, $B (2012-2022)
Fig 16: Global Glass Based Ballistic Protection Materials Market, $B (2012-2022)
Fig 17: Global Lexan Based Ballistic Protection Materials Market, $B (2012-2022)
Fig 18: Global Carbon Fiber Composite Based Ballistic Protection Materials Market, $B (2012-2022)
Fig 19: Global Plastic Based Ballistic Protection Materials Market, $B (2012-2022)
Fig 20: Global Ballistic Protection Materials Market Split, By End-Use, $B (2015)
Fig 21: Global Ballistic Protection Materials Market, By End-Use, $B (2012-2022)
Fig 22: Global Ballistic Protection Materials Market For Defense, $B (2012-2022)
Fig 23: Global Ballistic Protection Materials Market For Defense, By Service, $B (2012-2022)
Fig 24: Global Ballistic Protection Materials Market For Armed Force, $B (2012-2022)
Fig 25: Global Ballistic Protection Materials Market For Air Force, $B (2012-2022)
Fig 26: Global Ballistic Protection Materials Market For Naval Force, $B (2012-2022)
Fig 27: Global Ballistic Protection Materials Market For Homeland Security, $B (2012-2022)
Fig 28: Global Ballistic Protection Materials Market For Commercial, $B (2012-2022)
Fig 29: Global Ballistic Protection Materials Market Split, By Region (2015)
Fig 30: Global Ballistic Protection Materials Market, By Region, $B (2012-2022)
Fig 31: Worldwide Major Markets For Ballistic Protection Materials (2022)
Fig 32: North America Ballistic Protection Materials Market Highlights (2022)
Fig 33: North America Ballistic Protection Materials Market, $B (2012-2022)
Fig 34: Europe Ballistic Protection Materials Market Highlights (2022)
Fig 35: Europe Ballistic Protection Materials Market, $B (2012-2022)
Fig 36: Asia-Pacific Ballistic Protection Materials Market Highlights (2022)
Fig 37: Asia-Pacific Ballistic Protection Materials Market, $B (2012-2022)
Fig 38: ROW Ballistic Protection Materials Market Highlights (2022)
Fig 39: ROW Ballistic Protection Materials Market, $B (2012-2022)
Fig 40: Porter’S Five Forces Of Competitive Position Analysis
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