The global automotive elastomers market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The automotive elastomers market report also focuses on the subjective aspect of the industry. Furthermore, the study takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry. The leading players are considered based on their revenue size, product portfolio, market share, key marketing stratagems, and overall contribution to the market growth.
The stringent norms and policies of the government in order to ensure safety of the passengers, reduce emissions as well as improve the efficiency of the vehicles have made the use of automotive elastomers quite extensive. The policy to make the airbags mandatory in all the passenger vehicles is another assistance to the growth of automotive elastomers industry.
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The Asia-Pacific region is expected to be the major revenue generator of the automotive elastomers market, owing to the rapid industrialization and development causing the increase in the per capita income and purchase power of the populace. The availability of inexpensive labor, investment opportunities as well as favorable political environment is anticipated to enable APAC region, especially India and China, to become a major hub of the automotive elastomer market.
The global automotive elastomers market is analyzed on the basis of type, application, end user, and region. Based on type, the market is divided into Natural Rubbers (NR), Butyl Elastomers (IIR), Butadiene (BR) (Polybutadiene) Elastomers, Ethylene-propylene (EPM/EPDM) Elastomers, Polyisoprene (IR) Elastomers, Nitrile (NBR) Elastomers, Silicones (Q), Polychloroprene (CR) (Neoprene) Elastomers and others. By application, the report categorizes the market into Tire, Non-tire and others. By end user, the market is classified into Automobile Parts, Modern Vehicles, Polyolefin Elastomers and others. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The region across North America is classified into the U.S, Canada, and Mexico. Europe includes countries such as Germany, the UK, France, Italy, Spain, and rest of Europe. At the same time, Asia-Pacific covers countries such as Japan, China, South Korea, India, and rest of Asia-Pacific. Finally, LAMEA is segmented into Latin America, the Middle East, and Africa
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The automotive elastomers market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the automotive elastomers market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the automotive elastomers market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the automotive elastomers market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the automotive elastomers market
- Post-sales support and free customization
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