Description
Rubber is a polymer which can stretch and shrink. It can be manufactured naturally or can be synthesized on an industrial scale. Rubber is used to make gloves, tires, plugs, and masks. Moreover, automotive rubber is the rubber or rubber parts used in the automotive sector. The several advantages proffered by automotive rubbers are resistance to chemical & grease, abrasion, hot & cold temperature sustainability, petroleum & oil and high tear strength. The rising production of vehicles, including passenger cars, commercial vehicles, and two-wheelers, drives the demand for automotive rubber products. Expanding vehicle production in emerging economies, where there is a growing middle class and increasing disposable income, contributes to automotive rubber market growth. Further, consumers' increasing expectations for comfort, aesthetics, and vehicle performance propel the demand for automotive rubber components that enhance the overall driving experience. On the other hand, the adverse impact of synthetic rubber on environment is limiting the market growth. The Automotive Rubber Market is projected to grow at a rate of 6.3% CAGR by 2028.   
The Global Automotive Rubber Market has been analyzed based on Material Types
•    Natural Rubber
•    Synthetic Rubber
The Global Automotive Rubber Market has been analyzed based on End-User Areas
•    Tire Component
•    Non-tire Component
The Global Automotive Rubber Market has been analyzed based on Geography
•    North America
•    Europe
•    Asia Pacific
•    Rest of the World
On the basis of material type, the market is bifurcated into Natural Rubber and Synthetic Rubber. Synthetic Rubber segment is projected to have the highest share in the automotive rubber market. Synthetic rubber is extensively preferred owing to high cost of raw materials and variations in supply of natural rubber. Synthetic rubber is utilized for commercial production of tires, rubber gaskets, conveyor belts and seals, among others. 
Further on the basis of end user areas, the market is divided into Tire Component and Non-tire Component. The tire segment holds the highest market share in the automotive rubber market. The growing tire production due to the surging demand for automobiles across the world acts as a key driving factor for the rising demand for rubber. The key tire manufacturers are majorly investing in developing their production and establishing their manufacturing plants in new geographical areas to fuel their market presence, which is projected to boost the growth of the global automotive rubber market in the estimated period.
Asia Pacific is the emerging region and also has a significant share in the global automotive rubber market. Other than Asia Pacific, South America, Middle East, and developing countries of Europe have been witnessing substantial growth scenarios for automotive rubber. China and India are driving the demand for automotive rubber in the Asia Pacific region due to regional growth along with huge base of automobile manufacturers, increasing demand for non-tire components from various applications industries, and the existence of OEMs for automotive rubber. In developing regions, growing purchase power is leading the economic growth.
Moreover, the growing popularity of electric vehicles (EVs) and the increasing emphasis on lightweighting to improve fuel efficiency across the world are driving demand for specialized rubber components. Electric vehicles required unique rubber materials that could withstand higher torque, heat, and different operating conditions.
The report of automotive rubber market consists of profiles of the key vendors - BASF SE, Bridgestone India Automotive Products Pvt. Ltd., DuPont de Nemours, Inc., Lanxess Aktiengesellschaft, Pirelli and C. S.p.A, Saudi Basic Industries Corporation, Shin-Etsu Chemical Co. Ltd., The Goodyear Tire & Rubber Company, Toyo Tire & Rubber Co Ltd., and Yokohama Rubber Company Ltd.
In conclusion, the automotive rubber market plays a vital role in the automotive industry's functioning, ensuring safety, performance, and comfort in vehicles. As the automotive sector continues to evolve, the demand for innovative and high-quality rubber products is expected to grow, creating new opportunities and challenges for manufacturers and suppliers in the market.
•    This report depicts the exact evaluation of the automotive rubber market size and its share in the parent market
•    Accurate estimations of future trends and changes in market dynamics are also included in this report.
•    This report depicts the growth analysis of the automotive rubber market industry among North America, Asia Pacific, Europe, and rest of the world.
•    A complete analysis of the market's competitive outlook and detailed information of vendors is defined in the study.