US Elastomers Market

ID: MRFR/CnM/15822-HCR

100 Pages

Garvit Vyas

September 2025

US Elastomers Market

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Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Elastomers Market Summary

The US Elastomers market is projected to grow from 30.5 USD Billion in 2024 to 45.2 USD Billion by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

US Elastomers Key Trends and Highlights

The market is expected to reach 45.2 USD Billion by 2035, indicating a substantial increase from 30.5 USD Billion in 2024.
The compound annual growth rate (CAGR) for the US Elastomers market is estimated at 3.64% from 2025 to 2035.
This growth is likely driven by increasing demand across various industries, including automotive and construction.
Growing adoption of sustainable materials due to environmental regulations is a major market driver.

US Elastomers Market

CAGR

3.64%

Market Size & Forecast

2024 Market Size	30.5 (USD Billion)
2035 Market Size	45.2 (USD Billion)
CAGR (2025 - 2035)	3.64%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Elastomers Market market include

FAQs

What is the projected market size of the US Elastomers Market in 2024?

The US Elastomers Market is expected to be valued at 16.5 billion USD in 2024.

What will the US Elastomers Market be valued at by 2035?

By 2035, the US Elastomers Market is projected to reach a value of 36.0 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Elastomers Market from 2025 to 2035?

The expected CAGR for the US Elastomers Market from 2025 to 2035 is 7.35%.

Which type of elastomer is forecasted to have the highest market value in 2035?

The Thermoset Elastomer segment is expected to have the highest market value at 12.3 billion USD in 2035.

What is the estimated market size for Thermoplastic Elastomer in 2024?

The Thermoplastic Elastomer market segment is valued at 7.5 billion USD in 2024.

Who are the major players in the US Elastomers Market?

Key players in the US Elastomers Market include Celanese, ExxonMobil, Westlake Chemical, BASF, SABIC, and others.

What is the market size for Natural Rubber in 2035?

The market size for Natural Rubber is expected to be 7.6 billion USD by 2035.

What are the primary applications driving growth in the US Elastomers Market?

Primary applications include automotive, consumer goods, and industrial applications, driving significant market growth.

How does the US Elastomers Market growth differ by type through 2035?

The growth varies, but all types including Thermoset, Natural Rubber, and Thermoplastic Elastomers are expected to see considerable increases.

What challenges could impact the growth of the US Elastomers Market in the coming years?

Challenges may include fluctuating raw material prices and the need for sustainable production practices.

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