Elastomers are unstructured polymers prevailing beyond their glass transition temperatures such that significant motion is possible. Elastomers have very low intermolecular strength, low modulus of elasticity, and high strain of failure as compared to other materials. Carbon, hydrogen, oxygen and silicon monomers link to form the polymer, which eventually forms elastomers. There are two major elastomers used in automotive applications: synthetic and thermoplastic. Automotive elastomers market are used in the production of components that need to withstand extreme temperatures such as hoses, insulators, seals, bushes, engine mounts, and gaskets. On the basis of the type of elastomer, the market is segmented into ethylene propylene diene monomer (EPDM), nitrile butadiene rubber (NBR), chloroprene rubber (CR), styrene butadiene rubber (SBR), fluoroelastomers, and silicone rubber under synthetic automotive elastomers. On the other hand, thermoplastic polyolefin (TPO), thermoplastic polyurethanes (TPU), styrene block co-polymer (SBC), thermoplastic vulcanizates (TPV), co-polyester ether (COPE), and polyether block amide (PEBA) are segmented under thermoplastic automotive elastomers.