Global Bio-Based Elastomers Market Growth 2023-2029
The global Bio-Based Elastomers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Bio-Based Elastomers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Bio-Based Elastomers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Bio-Based Elastomers is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Bio-Based Elastomers players cover Von Bundit, Sri Trang Agro-Industry, Southland Holding, Thai Hua Rubber, Vietnam Rubber Group, Tradewinds Plantation Berhad, Tong Thai Rubber Group, Thai Rubber Latex Corporation and Mitsubishi Chemical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
Bio-Based Elastomers refer to synthetic elastomers that are derived from renewable resources such as biomass, vegetable oils, or plant materials. These materials are considered as sustainable alternatives to traditional synthetic elastomers, which are derived from non-renewable resources such as petroleum.
The market for bio-based elastomers is driven by the growing demand for sustainable materials across various industries, including automotive, construction, and consumer goods. The use of bio-based elastomers can help reduce carbon emissions, decrease dependence on fossil fuels, and enhance the biodegradability of products.
LPI (LP Information)' newest research report, the “Bio-Based Elastomers Industry Forecast” looks at past sales and reviews total world Bio-Based Elastomers sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-Based Elastomers sales for 2023 through 2029. With Bio-Based Elastomers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-Based Elastomers industry.
This Insight Report provides a comprehensive analysis of the global Bio-Based Elastomers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-Based Elastomers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-Based Elastomers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-Based Elastomers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-Based Elastomers.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-Based Elastomers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Natural Rubber
TPE
Segmentation by application
Automotive
3D Printing
Consumer Goods
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Von Bundit
Sri Trang Agro-Industry
Southland Holding
Thai Hua Rubber
Vietnam Rubber Group
Tradewinds Plantation Berhad
Tong Thai Rubber Group
Thai Rubber Latex Corporation
Mitsubishi Chemical
HEXPOL
Avient
DSM
Franplast
FKuR
Teknor Apex
Trinseo
Arkema
VAV Group
Topolymer
Lubrizol
MCPP America
Covestro
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio-Based Elastomers market?
What factors are driving Bio-Based Elastomers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-Based Elastomers market opportunities vary by end market size?
How does Bio-Based Elastomers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.