The detailed market intelligence report on the Cast Elastomers Market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Cast Elastomers Market for the forecast period, 2020 – 2027. The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Cast Elastomers Market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Cast Elastomers Market landscape.
The global cast elastomers market size was USD 1,310.4 Million in 2019 and is projected to reach USD 1,842.2 Million by 2027, at a CAGR of 4.3% during the forecast period. Cast elastomers are witnessing high demand, owing to their growing usage in sectors such as automotive, oil & gas, mining, agriculture, industrial, and sports & leisure. Factors such as increase in the demand for cast elastomers from the automotive industry, growth of the oil & gas industry, high demand for cast elastomers in the APAC region, and rise in use in the mining industry drive the market.
The Global Cast Elastomers Market Report offers extensive knowledge and information about the Cast Elastomers Market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Cast Elastomers Market further validated and verified by the industry experts and professionals. The Global Cast Elastomers Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Cast Elastomers Market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
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Competitive Landscape
Huntsman Corporation
BASF SE
Era Polymers
Lanxess AG
Wanhua Chemical Group
Covestro AG
Coim Group
DowDuPont
Mitsui Chemicals
Chemline Inc.
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Radical Highlights of the Cast Elastomers Market Report:
Regional Landscape
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Highlights of Report
In December 2020, Huntsman Corporation made an announcement about the signing of a partnership contract with Lintech International LLC for distribution of DALTOCAST, a polyurethane-based hot cast elastomer system
Hot cast elastomers are widely employed in several end-user industries, especially the mining industry, as pipe linings, separating screens, idler rolls, conveyor scrapers, and several components and parts in the flotation process. In other end-user industries, hot cast elastomers are used in the manufacture of wheels, rollers, and tires.
The cast urethane process is employed to produce customized molded products that comply with accurate component specifications in various industries that require high-quality tailor-made molded elastomer products such as agriculture, automotive, and oil & gas. Besides, these products possess high wear and tear resistance than metal products that develop cracks and corrode during industrial usage.
The cast elastomers market in North America, led by the U.S., witnessed substantial growth in 2019, due to growth of automotive and oil & gas industries in the region. Also, presence of leading market players in North America boosts the market in the region.
Market Taxonomy:
Chapter 1: Methodology & Scope
Chapter 2: Executive Summary
Chapter 3: Industry Insights
Chapter 4: Regional Landscape
Chapter 5: Company Profile
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