Product Code: RP-ID-10216592 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10216592
Market Overview:
Global High Temperature Elastomers Market Size study, by Type (Silicone Elastomers, Fluorocarbon elastomers, Fluorosilicone elastomers and Perfluoroelastomers & Others), Application (Transportation, Electrical & electronics, Healthcare, Industrial machinery and others) and Regional Forecasts 2019-2026
Global High Temperature Elastomers market is valued approximately at USD 10.20 Billion in 2018 and is anticipated to grow with a growth rate of more than 7.80% over the forecast period 2019-2026. Elastomers are said as polymers that includes viscosity and elasticity coupled with weak intermolecular forces. The elastic property of elastomers helps in retaining its original shape while its deforming forces get removed. The improved demand from automotive industry and superior property of high temperature elastomers are the factors driving the growth of market over the forecast years. As per company analysis, the global production of automobiles from 2015 to 2018 is increased with USD 9 million. Hence, the rise in automobile industry and application of high temperature elastomers in it, fuels the growth of market. Whereas, high cost of production are the factors restraining the growth of market over the upcoming years. However, development of new grades of HTES and rising demand in the developing nations are the lucrative opportunity for the growth of market.
The regional analysis of global High Temperature Elastomers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is accounts for the largest share in the global high temperature elastomers market due to the improved demand from automobile industry along with presence of various other end-use industries. Also, Asia pacific is the fastest growing region in the global high temperature elastomers market owing to rising population and per capita income of population in emerging economies such as India.
Market player included in this report are:
Dow Corning Corporation
Wacker Chemie Ag
Momentive Performance Materials Inc.
Shin-Etsu Chemical Co., Ltd.
China National Bluestar (Group) Co. Ltd
Daikin Industries Ltd
E. I. Du Pont De Nemours and Company
KCC Corporation
Solvay S.A.
The 3M Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Fuel cell vehicles
Silicone Elastomers
Fluorocarbon Elastomers
Fluorosilicone Elastomers
Perfluoroelastomers & Others
By Application:
Transportation
Electrical & Electronics
Healthcare
Industrial Machinery
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global High temperature Elastomers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Wacker Chemie Ag
Momentive Performance Materials Inc.
Shin-Etsu Chemical Co., Ltd.
China National Bluestar (Group) Co. Ltd
Daikin Industries Ltd
E. I. Du Pont De Nemours and Company
KCC Corporation
Solvay S.A.
The 3M Company
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