Global High-Temperature Elastomers Market: Overview
Elastomers are basically polymers, which have high viscosity and elasticity but weak intermolecular force. The elastomers have the property of elasticity that is it regains its original shape on the removal of the deforming forces. Monomers of elastomers consist of silicon, carbon, oxygen, and hydrogen. Elastomers are of two type one containing thermoplastic properties other with thermosetting properties. Thermoplastic elastomers belong to polymers category and they melt at a specific temperature. However, thermosetting elastomers do not melt at high temperatures hence are called as high-temperature elastomers. Commonly high-temperature elastomers do not melt but convert into gaseous state at high temperatures. The properties inherent in elastomers are high elongation, flexibility, and combination of damping and resilience. These set of properties of elastomers make them an ideal material for seals, isolators, and gaskets.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global High-Temperature Elastomers Market: Growth Factors
High-temperature elastomers are broadly used in wide range of applications and in various industries such as construction, transportation, and automotive industry thus driving the global high-temperature elastomers market. They are extensively used in the manufacturing process of seat covers, specialty rubber, tyres, and other materials. Major companies in the high-temperature elastomers market are heavily investing in the development of new and innovative products. There is an increased use of elastomers in the oil & gas industry for facilitating downhole packers sealing, progressing cavity pumps, and provide sealing materials for valves and equipment thus fueling the growth for the market.
Global High-Temperature Elastomers Market: Segmentation
The global high-temperature elastomers market is categorized based on the application as consumer goods, transportation, industrial machinery, electrical & electronics, healthcare, and others. Based on the type, the global market is fragmented into perfluorocarbon elastomers, fluorocarbon elastomers, silicone elastomers, fluorsilicone elastomers, and others.
Global High-Temperature Elastomers Market: Regional Analysis
Asia Pacific has witnessed growth in high-temperature elastomers market owing to expanding construction industry and rapid economic growth. Asia Pacific accounted for largest market share in the global market owing to increasing number of automobile manufacturing companies. The growth of food & beverage industries, pharmaceutical, aerospace, and automotive industries in North America and European region have anticipated the growth of the high-temperature elastomers market. The investments made for new development technologies have further boosted the high-temperature elastomers market. Usage of elastomers in oil and gas industries, refrigeration industry, and other industries in countries such as UAE, Saudi Arabia, Dubai, Morocco, South Africa, Egypt and in the Middle East and Africa regions have fueled the growth of the market. Favorable growth in the automobile manufacturing, healthcare, and consumer goods sectors in the South American region is driving the market growth.
Global High-Temperature Elastomers Market: Competitive Players
The market for high-temperature elastomers is highly competitive due to presence of numerous players such as Dow Corning Corporation, Solvay S.A., Momentive Performance Materials, Inc., E.I. duPont de Nemours and Company, and Wacker Chemie A.G.
Global High Temperature Elastomers Market: Regional Segment Analysis
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