Global cast elastomers market expected to reach USD 1547 million in 2024, growing at a CAGR of 5.0% between 2018 and 2024. Rising demand from various end-use industries and superior advantages as compared to conventional materials are expected to drive the global market for cast elastomers.
Cast Elastomers Market
The report covers a global and regional level estimation and analysis of the cast elastomers market. The study provides a forecast from 2018 to 2024 along with historical data from 2015 to 2017 based on volume (Kilotons) and revenue (USD Million). The study includes major drivers and restraints for the cast elastomers market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cast elastomers market on a global level.
For providing the users of this report with a comprehensive view of the cold cast elastomer, we have included a product portfolio of the key vendors and a detailed competitive scenario. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the cast elastomers market has also been included. The cast elastomers market report covers an in-depth study of the global and regional market and market attractiveness analysis, wherein all the segments are benchmarked based on their growth rate, general attractiveness, and market size.
The study provides a decisive view of the cast elastomers market by segmenting the market based on type, application, and region. The market is estimated from 2018 to 2024 and all the segments have been analyzed based on future and present trends. On the basis of type, the market is segmented into hot cast elastomer and cold cast elastomer. By application, the market includes industrial, automotive and transportation, mining, oil and gas, and others. The regional segmentation includes the current and forecasted demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the global cast elastomers markets are Covestro, Lanxess, Huntsman, Dowdupont, Tosoh Corporation, ERA Polymers, Mitsui Chemicals, BASF, Wanhua Chemical, and Coim Group, among others. The description of key players such as parameters includes company overview, business, and recent developments, and the financial overview of the manufacturers.
This report segments the global cast elastomers market as follows: