Top 50 Bio Based Synthetic Elastomers Companies Worldwide 2025: Statistical View by Spherical Insights And Consulting

Description

According to a research report published by Spherical Insights & Consulting, The Global Bio Based Synthetic Elastomers Market Size is projected to Grow from USD 3.5 Billion in 2024 to USD 8.2 Billion by 2035, at a CAGR of 8.05% during the forecast period 2025–2035. The market is expanding due in large part to the growing need for sustainable and environmentally friendly materials as well as developments in biopolymer technologies.

Introduction

The Global Bio-Based Synthetic Elastomers Market relates to producing elastomeric types made from renewable biological sources instead of standard petrochemical sources. Like standard types, these elastomers provide similar performance levels and effectiveness, supporting sustainability goals. Additionally, lucrative opportunities are also presented by the growing applications of bio-based synthetic elastomers. The need for bio-based alternatives is being driven by the automotive industry's drive for lightweight materials to increase fuel efficiency. Additionally, the growing popularity of environmentally friendly consumer goods like sustainable packaging and biodegradable shoes is creating new markets for bio-based synthetic elastomers and enabling producers to expand their product lines.

 

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Bio Based Synthetic Elastomers Market Size & Statistics

• The Market Size for Bio Based Synthetic Elastomers Was Estimated to be Worth USD 3.5 Billion in 2024.
• The Market Size is Going to Expand at a CAGR of 8.05% Between 2025 and 2035.
• The Global Bio Based Synthetic Elastomers Market Size is Anticipated to Reach USD 8.2 Billion by 2035.
• Asia Pacific is expected to generate the highest demand during the forecast period in the Bio Based Synthetic Elastomers Market.
• North America is expected to grow the fastest during the forecast period in the Bio Based Synthetic Elastomers Market.

 

 

Regional growth and demand

North America is expected to grow the fastest during the forecast period in the bio based synthetic elastomers market. The adoption of bio-based elastomers is being propelled by the region's strict environmental regulations, high level of environmental awareness, and strong emphasis on sustainability. In North America, two major markets for bio-based elastomers are the automotive and healthcare sectors. Government programs encouraging the use of sustainable materials and continuous research and development efforts further support the region's market expansion.

 

Asia Pacific is expected to generate the highest demand during the forecast period in the bio based synthetic elastomers market. The region's robust industrial base, expanding automotive sector, and growing emphasis on sustainable materials are the main factors propelling market expansion. Demand for bio-based elastomers is being driven by the substantial industrial activity and investments in green technologies occurring in nations like China, India, and Japan.

 

Top 10 Bio Based Synthetic Elastomers Trends

1.Transition to Renewable Feedstocks

2.Developments in Green Chemistry

3.Adoption in the Automotive Sector

4.Footwear and Apparel Growth

5.Integration of the Circular Economy

6.Growth in Consumer and Medical Products

7.Compatibility with 3D Printing

8.Incentives and Regulatory Support

9.Brand Sustainability Promises

10.The Rise of Specialty Players and Partnerships

 

1.Transition to Renewable Feedstocks

A growing number of manufacturers are obtaining elastomer precursors from bio-based sources such as lignin, vegetable oils, and starches. This shift lessens dependency on fossil fuels and supports international sustainability objectives, particularly as consumers and regulatory agencies call for more environmentally friendly options.

 

2.Developments in Green Chemistry

Improvements in catalyst design and polymerization methods are making it possible to produce bio-based elastomers with better mechanical qualities more effectively. When compared to their petroleum-based counterparts, these innovations are aiding in closing past performance gaps.

 

3.Adoption in the Automotive Sector

To meet carbon reduction targets, automakers are incorporating bio-based elastomers into under-the-hood applications, seals, and interior components. Bio-elastomers that are strong, lightweight, and heat-resistant are starting to show promise as alternatives in electric cars and sustainable mobility platforms.

 

4.Footwear and Apparel Growth

The demand from consumers for eco-friendly fashion is pushing the footwear industry to use bio-based thermoplastic elastomers for soles and cushioning. Footwear is expected to account for more than 38% of application share, making it a significant growth driver.

 

5.Integration of the Circular Economy

Biodegradability and recyclability are factors that companies are considering when designing bio-based elastomers. This encourages the use of circular economy models, which lessen the environmental impact and landfill waste by reusing or safely decomposing materials.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the bio based synthetic elastomers market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 16 Companies Leading the Bio Based Synthetic Elastomers Market

1.Lanxess AG

2.Kuraray Co., Ltd.

3.Asahi Kasei Corporation

4.JSR Corporation

5.Zeon Corporation

6.Versalis S.p.A.

7.LG Chem Ltd.

8.SABIC

9.DuPont de Nemours, Inc.

10.Arkema S.A.

11.UBE Industries, Ltd.

12.Sumitomo Chemical Co., Ltd.

13.Sinopec Beijing Yanshan Company

14.ExxonMobil Chemical Company

15.Lion Elastomers, LLC

16.Kumho Petrochemical Co., Ltd.

 

1.Lanxess AG

Headquarters - Cologne, North Rhine-Westphalia, Germany.

The specialty chemicals business Lanxess AG (Lanxess) is involved in the creation, production, and distribution of additives, consumer protection goods, and chemical intermediates. Agrochemicals, automotive, construction, fragrances and flavors, and pharmaceuticals are just a few of the industries that use the products that Lanxess's offers. The business is linked to a number of well-known brands, such as Rhenoshape, Aktiplast, Aflux, Vulcuren, Perkalink, and Rhenogran. The business uses a global network of manufacturing sites to conduct business.

 

2.Kuraray Co., Ltd.

Headquarters - Chiyoda-ku, Tokyo, Japan.

Kuraray Co Ltd (Kuraray) is a company that manufactures chemical and synthetic fibers. It creates and markets high-performance materials, fibers, chemicals, resins, and medical goods. In addition to the gas barrier material EVAL, its product line includes medical agents, eco-friendly goods, vinyl acetate derivatives, isoprene derivatives, and methacrylate derivatives. It offers engineering, design, construction, and maintenance services for facilities that manufacture chemicals, food processing, pharmaceuticals, and electronic materials. Additionally, Kuraray provides cement, dental adhesives, and resin-based dental materials for joining dental structures.

 

3.Asahi Kasei Corporation

Headquarters - Chiyoda-ku, Tokyo, Japan.

A manufacturer that specializes in chemical products is Asahi Kasei Corp (Asahi Kasei). Among the company's main products are ion exchange membranes, hollow fiber filtration membranes, acrylonitrile polyethylene, polystyrene, synthetic rubber, lithium-ion battery separators, and pharmaceuticals. In addition, Asahi Kasei provides services for companies that are Contract Development and Manufacturing Organizations (CDMO) and Contract Research Organizations (CRO).

 

4.JSR Corporation

Headquarters - Minato-Ku, Tokyo, Japan.

The creation and production of cutting-edge materials and technologies are the activities of JSR Corp (JSR). The company's primary operations include the production of plastics, life sciences products, semiconductor materials, and display materials. Materials for lithography, packaging, optical solutions, and life sciences research are among JSR's main products. Magnosphere, OPTMER, and JSR are among the company's brands. The company's products are used in a wide range of industries, such as electronics, healthcare, and automotive, and are used in bioprocessing, semiconductor manufacturing, and display technology.

 

5.Zeon Corporation

Headquarters - Tokyo, Japan.

Zeon Corporation is a well-known manufacturer with a focus on advanced materials, specialty chemicals, and synthetic rubbers. With a broad portfolio that includes high-performance latex products, thermoplastic elastomers, and bio-based elastomers, the company is renowned for its proficiency in polymer science. With an emphasis on innovation, sustainability, and customer-driven solutions, Zeon provides services to a broad range of industries, including automotive, electronics, healthcare, and energy.

 

Are you ready to discover more about the bio based synthetic elastomers market?

The report provides an in-depth analysis of the leading companies operating in the global bio based synthetic elastomers market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

1.Lanxess AG

• Business Overview
• Company Snapshot
• Products Overview
• Company Market Share Analysis
• Company Coverage Portfolio
• Financial Analysis
• Recent Developments
• Merger and Acquisitions
• SWOT Analysis

2.Kuraray Co., Ltd.

3.Asahi Kasei Corporation

4.JSR Corporation

5.Zeon Corporation

6.Versalis S.p.A.

7.LG Chem Ltd.

8.SABIC

9.DuPont de Nemours, Inc.

10.Arkema S.A.

11.UBE Industries, Ltd.

12.Sumitomo Chemical Co., Ltd.

13.Sinopec Beijing Yanshan Company

14.ExxonMobil Chemical Company

15.Lion Elastomers, LLC

16.Kumho Petrochemical Co., Ltd.

 

Conclusion

The worldwide market for bio-based synthetic elastomers is changing, propelled by the importance of sustainability, advances in technology, and broadening applications across critical sectors. These trends are underpinned by strong growth in the automotive, footwear, and consumer products industries, and demand is increasing in both developed and emerging regions. The inclusion of regulatory support to facilitate adoption and supporting commitments to environmental, social, and governance (ESG) practices from brands are also influencing increased consumption. Asia Pacific currently has the highest demand, while North America is expected to present rapid growth in the near- and medium-term. Companies are increasingly prioritizing knowledge-sharing initiatives and collaborative partnerships alongside development in order to accelerate innovation in bio-based synthetic elastomers, thereby positioning themselves to capture value through shifting market dynamics.

 

About the Spherical Insights & Consulting

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