Performance Elastomers Market – Forecast (2022-2027)

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Performance Elastomers MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• Performance Elastomers Market size is estimated
  to reach US22.6 billion by 2027, after growing
  at a CAGR of 7.6 during the forecast period
  2022-2027.
• The expansion of the automotive industry is
  fueling the demand for performance elastomers,
  which, in turn, is driving the growth of the
  performance elastomers market.
• According to the Organisation Internationale des
  Constructeurs d'Automobiles, in 2020, global
  automotive production was 77,711,725 units, which
  increased by 3 to reach 80,145,988 in 2021.

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• Key Takeaways
• Asia-Pacific region dominated the Performance
  Elastomers Market, owing to the increasing
  automotive manufacturing in the region.
• For instance, according to the China Association
  of Automobile Manufacturers (CAAM), in 2021, the
  total number of cars manufactured in China was
  26,082,000, an increase of 2.4 over 2020.
• Technologies, such as the new aggressive fuel
  additives, the introduction of fuel injection
  systems and higher engine compartment
  temperatures and more have resulted in the growth
  of the Performance Elastomers Market.

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Performance Elastomers Market Segment Analysis
by Geography Asia-Pacific is the dominating
region as it held up to 31.2 share of the
Performance Elastomers Market in 2021. The surge
in the sectoral growth of the Asia-Pacific
countries is due to the expansion of various
industries, including automotive, building
construction and more. The key variables such as
the rapid phase of industrialization, increasing
consumer income, surge in the demand for heavy
commercial vehicles and others are the vital
factors driving the growth of the automotive
industry in Asia-Pacific.
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• Performance Elastomers Industry Outlook
• E.I. du Pont de Nemours and Company
• Arlanxeo
• Zeon Chemicals L.P.
• Solvay S.A.
• Mitsui Co. Ltd.
• Dow Corning Corporation
• Wacker Chemie AG
• JSR Corporation
• Momentive Performance Materials Inc.
• Showa Denko K.K.

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Performance Elastomers Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Performance-
Elastomers-Market-Research-500243
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id500243

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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