The global elastomers market is projected to grow to $149.19 billion by 2034, driven by demand from the automotive industry, electric vehicle production and increased interest in recyclable materials, according to a market analysis released by Maximize Market Research. The market was valued at $104.73 billion in 2025 and is forecast to expand at a compound annual growth rate of 4.01% from 2026 through 2034, the research firm said in a news release published Oct. 1. The post Global elas