Elastomers Market by Type and Thermoplastic and Application (Automotive, Consumer Goods, Medical, and Industrial) - Global Forecast to 2021

Elastomer is extensively used in the automotive industry due to its properties such as resistance to oil, grease, and ozone; impact strength; and good resilience. It is mainly used in interior designing of vehicles. TPU is the most majorly used elastomer in the automotive industry. Demand for elastomers is high in the automotive industry as it can be used as a substitute for rubber and PVC without compromising on any performance parameter. The use of thermoplastic polyurethane elastomer can result in better UV resistance, good mechanical performance, and reduced thickness with the finish of a softer touch. Another major advantage of elastomer is that it can be manufactured in any colour to match the vehicle's colour; it also provides better low-temperature performance and high abrasion resistance. Owing to the abovementioned properties, the elastomer is used for manufacturing gear knobs, cup holders and interior door handles, cover strips, chassis spring seating and bushings.

Elastomer is extensively used in the automotive industry due to its properties such as resistance to oil, grease, and ozone; impact strength; and good resilience, which is driving the market.

Automotive

The demand of elastomers in the automotive industry is primarily driven by its excellent physical properties, such as whether anility, impact resistance, minimum weight, elasticity, softness, flexibility, superior optics, increased heat resistance, thermal stability, adhesive properties, and improved vehicle safety. Therefore, an elastomer is used in a wide range of applications in the automotive industry including wipers, door handles, rear windows, automotive gaskets, vibration damping pads, rocker panels, bumpers, gear knobs, dashboards, seating fabrics, interiors, body seals, and exterior filler panels. As a lightweight material, elastomer reduces vehicle weight, which leads to the fuel efficiency of a vehicle. There is an increasing demand of elastomer in the automotive industry to replace traditional metal.

Medical

The demand for elastomer in the medical industry increases mainly due to its variable and unique properties, such as fungus resistance, low-temperature flexibility, tensile strength, acid/base resistance, fluid resistance, and excellent hydrolytic stability, easy sterilization, and excellent translucency. Owing to these properties, the elastomer is used in a wide range of applications in the medical industry, such as drug patches, gas supply, drug delivery, medical bags, wound dressing, chest drainage, peristaltic pump catheters, surgical instruments, valves, needleless syringes, ventilation bags, stoppers, vial caps, and bottles. Elastomers are preferred for their recycling ability and cost-effectiveness over conventionally used materials in the market such as silicone, latex, and PVC. Use of elastomers in the medical industry is high in the developed countries of North America and Western Europe. This demand is expected to rise in the developing nations of Asia-Pacific shortly.

Consumer Goods

Elastomer demand in consumer goods market is primarily driven by its excellent physical properties, such as low weight, high flexibility, good printability, enormously robust, excellent temperature resistance, high impact strength, high surface quality, easy processing, and boundless design freedom. Therefore, the elastomer is used in a range of applications in consumer goods, which includes closures, food containers, toys, kitchenware, handles, cosmetic packaging, lids, sporting goods, furniture, household goods, and home electronics appliances such as refrigerators, clothes washers, dishwashers, and dryers. There is a growth in demand of elastomer in response to the increasing use of consumer goods.

 

Source: https://www.marketsandmarkets.com/Market-Reports/elastomers-market-48929183.html?gclid=CjwKCAiAjeSABhAPEiwAqfxURbm-jzqKAVz1lXYHAPAA6NahSNln2PcnZpSLR4_DFQjTDaS6elSe7BoC08AQAvD_BwE