High performance elastomers can be defined as materials having high temperature as well as chemical and oil resistance in comparison to conventional elastomers. These elastomers have the ability to withstand extreme conditions, including heat, cold, chemicals, tensile strength, and solvents. These elastomers are non-reactive and stable at temperatures of more than 302⁰F (150⁰C), and can maintain their useful properties, such as elasticity, resistance to chemicals and solvents, and tensile strength, even at the extreme conditions. High performance elastomers are used for the following applications: Transportation – as seals, O-rings, and diaphragms Healthcare – as seals, valves, and catheter Industrial machinery – as rollers, housings, and linings Building & construction – as roofs, waterproofing, and window & weather seals Electrical & electronics- as molded fittings, case covers, and thermal jacketing ---------------------- 1. Micromarkets1 are the subsegments of the high performance elastomers market included in the report 2. Core competencies2 of companies are determined in terms of their key developments and important strategies adopted by them to sustain in the market