Dublin, Feb. 22, 2022 (GLOBE NEWSWIRE) -- The "Cast Elastomer Global Market Report 2022, By Type, Distribution, End-Use Industry" report has been added to ResearchAndMarkets.com's offering.
The global cast elastomer market is expected to grow from $1.26 billion in 2021 to $1.37 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The market is expected to reach 1.68 billion in 2026 at a CAGR of 5.2%.
North America was the largest region in the cast elastomer market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing use of bio-based raw materials in cast elastomers is shaping the cast elastomer market. Companies in the cast elastomers sector are stepping up initiatives to develop bio-based products that will assist industry stakeholders in reducing their environmental impact and carbon footprint.
The rise in demand for cast elastomers in various end-use industries is expected to propel the growth of the cast elastomer market in the coming years. Cast elastomers are utilized in a variety of applications in the industrial sector, including seals and gaskets, forklift wheels, coupling elements, conveyor belts, and more. These materials are then employed in a variety of sectors, including construction, heavy industry, paper, and so on.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider cast elastomer market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The cast elastomer market section of the report gives context. It compares the cast elastomer market with other segments of the cast elastomer market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, cast elastomer indicators comparison.
Report Scope:
Markets Covered:
- By Type: Hot Cast Elastomer; Cold Cast Elastomer
- By Distribution: Online; Offline
- By End-Use Industry: Mining; Automotive And Transportation; Industrial; Oil And Gas; Others
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Companies Mentioned
- Argonics
- BASF
- Chemline Incorporation
- Coim Group
- Covestro
- DuPont
- Era Polymers Pty Ltd.
- Huntsman International LLC
- Lanxess AG
- Mitsui Chemicals Inc.
- Notedome Limited
- Synthesia Technology
- The Dow Chemical Company
- Tosoh Corporation
- Carlisle Polyurethane Systems
For more information about this report visit https://www.researchandmarkets.com/r/b5wsza
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