Title: Performance Elastomers Market Analysis | Growth Forecast | Regional 2017 – 2024
1Global Performance Elastomers Market Inside
Analysis For 2017 2024
Performance Elastomers Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
Germany, UK, Italy, France, Spain, Italy, Russia,
Poland, China, India, Japan, Australia, Brazil,
Mexico, Argentina, South Africa, Saudi Arabia,
Qatar, Kuwait, UAE), Application Development
Potential, Price Trends, Competitive Market Share
Forecast, 2016 2024
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2 Global Market Scenario of Performance Elastomers
Market
- Performance Elastomers Market Size is likely to
grow at a steady rate from 2016 to 2024 due to
unique product performance such as oil gas
resistance, chemical resistance, wear-off
resistance, flexibility, anti-aging property,
durability, etc. - The performance elastomers market will grow at a
faster pace than standard elastomers due to
technological advancement in rubber goods. - These products are modified by different
functional groups such as halogens, nitrile
group, silicone group, ethylene group, etc. to
enhance the performance of the elastomers. - The performance elastomers have wide range of
operating environment varying from subzero to
extreme temperature. - Other advantages of the product include oil
resistance, anti-aging property, chemical
resistance, outstanding mechanical properties,
etc. - which increases durability as well as life span
of rubber products. The ease of modification of
the product by compounding, advancement in
processing technologies, and new application of
the product such as in laser printing, will
create ample growth opportunities for the
performance elastomers market. - Availability and price of raw material is
expected to hinder the market growth during the
forecast timeframe. -
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3Market Research Reports Key Analytical Components
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4- Product Analysis-
- The performance elastomers market is segmented on
the basis of products such as ethylene based,
silicone based, flouro based, and others such as
polyurethanes, epichlorohydrin, polyester,
nitrile based, etc. Performance elastomers will
witness significant growth rate in the next few
years driven by its extensive application in
adhesives, PVC films, conveyor belts,
semiconductor wafer fabrication, automotive,
aerospace, pharmaceuticals, food packaging
applications, etc. Silicone based elastomers
finds its application in bakeware, exhaust
hangers, membrane, fuel system valves, power
train application, rollers, textile coating etc - Regional Trends-
- Asia Pacific is likely to be a fast-growing
regional market and will consume a significant
volume of performance elastomers owing to rapid
growth in the automobile transportation sector.
The growth in chemical processing, food
packaging, as well as building construction
industries in developing economies such as Japan,
China, South Korea, India, etc. will propel the
market growth. North America will be the second
largest region after Asia Pacific followed by
Europe which is likely to propel the performance
elastomers market growth. The U.S. is likely to
share a significant amount of global market in
the forecast period.
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5- Competitive Trends
- 3M company, Arlanxeo, E.I Du Pont de Nemours and
Co., Momentive Performance Materials Inc., are
among the prominent players of the industry. Some
other notable participants include Daikin
Industries, Tosoh Corporation, Showa Denko K.K,
Reiss Manufacturing Inc., Mitsui Chemicals Inc.,
Exxon Mobil Corporation, JSR Corporation, Flexan
LLC, Kraiburg TPE GmbH Co. Kg, Polycomp, James
Walker, Kaco GmbH Co. Kg, Wacker Chemie, Zeon
Chemicals, Solvay S.A., Shin-Etsu Chemical Co.
Ltd. -
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6Latest Research Report On Performance Elastomers
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