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Elastomers Market _PPT

Elastomers are amorphous polymers exhibiting characteristics of rubber in terms of flexibility and elasticity. Various elastomeric products on the account of their high abrasion and heat resistance are used in numerous industrial applications. For instance, TPUs offer excellent mechanical strength and low creep thus are used to manufacture conveyor belts. The rising demand for high-performance elastomers in the automotive and medical industries are the key factors favoring the growth of the elastomers market.<br><br>

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Elastomers Market _PPT

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  1. ELASTOMERS MARKET 2020 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. ELASTOMERS MARKET 2020 Elastomers Market 2020: Industry Survey, Growth, CompetitiveLandscape and Forecasts to 2025 • According to the MRFR analysis, the Global Elastomers Market is expected to reach over ~USD 107.1 Billion by the end of 2025 at a CAGR of ~4.8%. • Elastomers are amorphous polymers exhibiting characteristics of rubber in terms of flexibility and elasticity. Various elastomeric products on the account of their high abrasion and heat resistance are used in numerous industrial applications. For instance, TPUs offer excellent mechanical strength and low creep thus are used to manufacture conveyor belts. The rising demand for high-performance elastomers in the automotive and medical industries are the key factors favoring the growth of the elastomers market. • Pricing and Regulatory Analysis • In 2018, the price of elastomers increased from USD 0.19 to USD 0.40 between 2016 and 2018 and is likely to observe a gradual upsurge during the forecast period owing to fluctuating raw material and crude oil prices. • The stringent standards for elastomer analysis may favor the demand for elastomers during the review period. Some of the standards are American Society for Testing and Materials - ASTM D412, ASTM D624, ASTM D3182 ”and International Standard - ISO 34-1:2015. www.marketresearchfuture.com

  3. ELASTOMERS MARKET 2020 Study Objectives of Elastomers Market: • Thermoset Elastomers: These polymers belong to the group of elastomers that cannot be molded once they have been cured. Thus, on the account of their structural integrity thermoset elastomers are widely used in high-temperature applications. • Synthetic Rubber: The segment held the largest market share in 2018 on account of its excellent strength and flexibility. These elastomers are artificially synthesized and derived from petroleum-based monomers. • Styrene-Butadiene Rubber (SBR): On account of its good abrasion and elasticity, it is widely used in pneumatic tires. SBR on reinforcement exhibits higher strength and durability. • Isobutylene-Isoprene Rubber (IIR): Owing to its low gas permeability and high resistance finds applications in inner tires of cars, bicycles and other high-pressure tubes. • Nitrile rubber (NBR): It is used in the applications that demand oil and heat resistance. Modified nitrile rubber such as carboxylated nitrile rubbers (XNBR) and hydrogenated nitrile rubbers (HNBR) exhibit high tensile strength and weather resistance. • Polybutadiene (PBR): It is extensively used in various parts of automobile tires including sidewall of truck tires and heavy vehicles for abrasion resistance. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/8342 www.marketresearchfuture.com

  4. ELASTOMERS MARKET 2020 Regional Analysis • Asia-Pacific: The region accounted for the largest market share in 2018 and is projected to register the highest CAGR during the forecast period. Owing to the high demand for the product is rapidly growing automotive and electronics industries in the region. China, followed by India and South Korea, is the leading country on the account of rising consumer demands in the region. Additionally, the increasing demand for electric vehicles in the region is boosting the regional market growth. • North America held a sustainable market share in 2018. This is primarily due to the high demand for the product in mature medical and automotive industries. The US followed by Canada is the leading country in the region on the account of the presence of major players such as Dow, Exxon, and Dupont in the country. In addition, the increasing use of elastomers to manufacture aircraft components is further driving the regional market growth. • Global Elastomers Market is projected to register a CAGR of 4.8% to reach ~USD 107.1 Billion by the end of 2025. • Europe: High automobile production coupled with significant exports from the region is driving the regional market growth. Germany, the UK, and Italy are the major contributors to the regional market. • Latin America: Expanding automotive, medical and textile industries are expected to drive the market growth for elastomers in the region. • Middle East & Africa: The growing automotive and electronics industries in the region is contributing the regional market Browse Report @ https://www.marketresearchfuture.com/reports/elastomers-market-8342 www.marketresearchfuture.com

  5. ELASTOMERS MARKET 2020 Application & Major Players in this Research: Elastomers Market Prominent Players: • BASF SE (Germany)—Elastollan • Evonik Industries AG (Germany)—VESTAMID • Arkema S.A. (France)—Pebax • The Dow Chemical Company (US)—Vamac • Kuraray Co., Ltd. (Japan)—SEPTON • Covestro AG (Germany)- Vulkollan • SABIC (Saudi Arabia)—SABIC • ARLANXEO (The Netherlands)—Buna • Mitsui Chemicals, Inc (Japan)—TAFMER • Exxon Mobil Corporation (US)—Exxpro Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/8342 www.marketresearchfuture.com

  6. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2020 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

  7. MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com

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