The automotive elastomers market size is projected to reach US$ 66.57 billion by 2031 from US$ 42.98 billion in 2023; it is expected to register a CAGR of 5.6% during 2023–2031. Automotive elastomers—encompassing thermoplastic elastomers (TPE), ethylene propylene diene monomer (EPDM) rubber, silicone, and specialized synthetic rubber compounds—serve as critical...
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