cast elastomer market,
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Cast Elastomer Market Overview And Prospects

Learn about the global cast elastomer market through The Business Research Company, which provides information on cast elastomer market size, cast elastomer market drivers and restraints, cast elastomer market players, the COVID-19 impact on the cast elastomer market, and more.

 

The global cast elastomer market size 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 growth in the cast elastomer market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cast elastomer market is expected to reach 1.68 billion in 2026 at a CAGR of 5.2%.

The rise in demand for cast elastomers in various end-use industries is expected to drive innovation in cast elastomer manufacturing, thus driving the market during the forecast period.

 

Request A Sample For The Global Cast Elastomer Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5561&type=smph

 

The cast elastomers market consists of sales of cast elastomers by entities (organizations, sole traders, and partnerships) that are synthetic rubbers that possess excellent load-bearing and abrasion resistance properties. Cast elastomers are rubber-like polymers that expand with force and then return to their original shape after removing the force applied. These are used in bearings, wear strips, bumpers, shock absorbers, and slide plates.

 

Global Cast Elastomer Market Segments Include:

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

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global cast elastomer market in 2021.

 

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.

TBRC’s cast elastomer market report covers:

Major Market Players: 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, and Carlisle Polyurethane Systems.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

 

The Cast Elastomer Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides cast elastomer market overviews, analyses and forecasts market size, share, cast elastomer market players, cast elastomer market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cast elastomer market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

3D Printed Prosthetics Global Market Report 2021

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