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Global electrical & electronics bio-based elastomers market statistics

Global electrical & electronics bio-based elastomers market outlook size was valued at US$ 145,665.3 revenue in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 7.9% from 2021 to 2030.

  • Plastics Polymers & Resins
    • Bio-Based Plastics
      • Bio-based Elastomers Market Outlook

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Electrical & electronics - Bio-based elastomers market highlights

  • The global electrical & electronics segment generated a revenue of USD 62.0 million in 2021 and is expected to reach USD 173.3 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 12.2% by 2030.
  • In terms of region, Europe was the largest revenue generating market in 2021.
  • Country-wise, Japan is expected to register the highest CAGR from 2022 to 2030.

Market summary

Market revenue in 2021USD 62.0 million
Market revenue in 2030USD 173.3 million
Growth rate12.2% (CAGR from 2022 to 2030)
Historical data covered2019 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million

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Electrical & electronics - Bio-based elastomers market outlook