High Temprature Elastomers Market Witnessing Phenomenal Growth by Top Leading Players | Dow Corning

High Temprature Elastomers Market 2019- Marketable Value, Growth Rate and Product Development Analysis 2023

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High Temprature Elastomers Market 2019-2023 High Temprature Elastomers Industry 2019 Global Market Size, Share, Growth, Trends, 12 Company Profiles and 2023 Future Market Analysis High Temprature Elastomers Market : Elastomers are a class of polymers that possess viscosity and elastic properties. They usually retain their shape once the external force is removed. Thermoplastic elastomers are polymers that melt at specific temperatures whereas thermosetting elastomers can withstand extreme temperatures. Thermosetting elastomers also known as high temperature elastomers that possess properties such as chemical, thermal and corrosion resistance among others.

These properties makes the use of high temperature elastomers in many end-user industries such as transportation, electrical and electronics, building and construction, and oil& gas.

The growing industrialization and urbanization in the developing regions throughout the globe is expected to boost the market during the forecast years. The growing demand from the transportation industry mainly automobile and aircrafts is expected to substantially contribute to the growth of the market. Among the various product type in hightemperature elastomers market, the silicone elastomer is the leading segment of the market and is anticipated to continue its dominance over the forecast period. The favorable mechanical and chemical properties of the product are attributing to the growth of the segment.

The growing use of silicone elastomer in automotive components and electrical and electronic, and healthcare components are expected to further surge the market growth. Among the end user industry, automotive followed by aviation is expected to be the largest segment and is expected to grow at a considerable CAGR during the forecast years.

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High Temprature Elastomers Market 2019

Major Key Players: 1.

Dow Corning Corporation

2.

Wacker Chemie Ag

3.

Momentive

4.

Daikin Industries Ltd

5.

KCC Corporation

6.

Solvay S.A

7.

3M Company

Geographical Analysis:

• The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

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High Temprature Elastomers Market 2019

Regions: The global High Temprature Elastomers Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an exponential CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the transportation, construction and manufacturing among others, which, in turn, is anticipated to fuel the demand for High Temprature Elastomers in the region. Moreover, the growing oil and gas activities is also expected to add to the demand for fire resistant apparels and materials in the region.

The European region is estimated to witness a significant growth owing to the implementation of stringent work safety regulations. The growing adoption rate are other factors contributing to the growth of the market. Major countries attributing to growth of the European market are Germany, France, Italy, and U.K. The North American High Temprature Elastomers market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growth in the R&D activities to develop environmentally sustainable fire resistance fabrics has brought in new opportunities, which is expected to positively affect the market growth.

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High Temprature Elastomers Market 2019

Segments: The global High Temprature Elastomers market is segmented into type, application, and end-user. On the basis of the type, the market is segregated into treated High Temprature Elastomers, inherent High Temprature Elastomers. The market by application is categorized into apparel and non-apparel. The market by end use industry is further segregated into oil & gas, building & construction, defense and public safety, transportation and others.

TABLE OF CONTENTS 1 Executive Summary 2 Scope of The Report 2.1 Market Definition

2.2 Scope of The Study 2.2.1 Research Objectives 2.2.2 Assumptions & Limitations 2.3 Markets Structure 3 Market Research Methodology

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