Global Elastomers Market Outlook (2014-2022)

Due to the increased demand from automotive industry, advancement in processing industry and increasing purchasing power in the developing economies are the key drivers of the elastomers market, global elastomers market is expected to grow at a compound annual growth rate (CAGR) of 6.1% and reach US$36 billion by 2022 from $22.37 billion in 2014.