The global cast elastomers market is projected to be valued at USD 1,842.2 Million by 2027, according to a current analysis by Emergen Research. Cast elastomers are witnessing high demand from the automotive industry. Cast elastomers are deployed in some of the most demanding industries, such as the automotive industry. Cast elastomers (for example, polyurethanes) have considerable load-bearing capacity, abrasion resistance, impact strength, elasticity, and exceptional resistance to lubricants such as oil and grease. In the automobile production, cast elastomers are frequently used in those parts and components that need to resist the effects of stretching, sliding, torsional forces, wear and tear, load-bearing, compression, and aging. Components produced from cast elastomers include motor and transmission mounts, damper springs, suspension pads, drive belts, filters, dunnage, tires, wheels fill, sprockets, and gears.
The unmatched gripping characteristics, flexibility, and cut resistance of cast elastomers make them optimum materials for rollers and conveyor parts in the food industry. The key benefits of cast elastomers include decreased downtime, reduced product damage and loss, decreased product contamination, less noise production than metal, ease of cleaning, and longer service life compared to rubber or plastic.
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Our sample copy includes a brief analysis of the Cast Elastomers market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology. Therefore, it serves as a comprehensive framework of the global Cast Elastomers market dynamics and comprises a critical study of consumers’ journeys, the current and emerging market avenues, and strategic initiatives undertaken by companies to enable readers to gain meaningful insights into the market.
Emergen Research has segmented the global cast elastomers market in terms of product type, distribution channel, application, and region:
Product Type Outlook (Revenue, USD Million; 2017–2027)
- Cold Cast Elastomers
- Hot Cast Elastomers
Distribution Channel Outlook (Revenue, USD Million; 2017–2027)
- Online
- Offline
Application Outlook (Revenue, USD Million; 2017–2027)
- Automotive & Transportation
- Oil & Gas
- Mining
- Agriculture
- Industrial
- Sports & Leisure
- Others
Regional Outlook (Revenue, USD Million; 2017–2027)
North America
- S.
- Canada
- Mexico
Europe
- Germany
- K.
- France
- BENELUX
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
Latin America
- Brazil
- Rest of LATAM
Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
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Regional Outlook:
The report offers a comprehensive analysis of the current growth opportunities for various regions of the Cast Elastomers market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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.
Leading companies operating across the global Cast Elastomers market:
- Huntsman Corporation
- BASF SE
- Era Polymers
- Lanxess AG
- Wanhua Chemical Group
- Covestro AG
- Coim Group
- DowDuPont
- Mitsui Chemicals
- Chemline Inc.
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