Asia Pacific Region Dominates the High Temperature Elastomers Market
Market Key Players:
China National Bluestar Co. Ltd , Daikin Industries Ltd, DuPont, KCC Corporation, Solvay S.A, Dow Corning Corporation, Wacker Chemie Ag, Momentive, Shin-Etsu Chemical Co., Ltd, and 3M among others are the prominent market players at the forefront of competition in the Global High Temperature Elastomers Market and are profiled in MRFR Analysis.
Try Our Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5438
Industry/ Innovation/ Related News:
February 2018- Eagle Elastomer Inc. announced to expand their fluoroelastomer compounds manufacturing facility at their Peninsula facility. The company is expected to invest around USD 1.25 million in the project with aim is to meet the increasing demand for high performance products across the globe.
November 2017- Royal DSM, a Dutch Chemicals Company announced to expand their high performance plastic manufacturing in Europe, to meet the rising demand for high temperature elastomers among the various end users. With this capacity expansion the company’s aim is to enhancing long term position in high performance plastics market.
High Temperature Elastomers Market Overview:
High Temperature Elastomers find usage in some of the end use industries such as building & construction, automotive & transportation, industrial machinery, healthcare, electrical & electronics, consumer goods, and others. The high temperature elastomers market is predicted to witness moderate growth due to their unique properties along with excellent usage in numerous end use industries specifically in automotive and transportation, electrical & electronics, and others. Among the end use industries segment, in 2016, automotive & transportation accounted for the largest end use industries segment and is projected to retain their dominance owing to the continuous growth of transportation industry in emerging economies. The factors attributed to the market growth are increasing construction activities in developing countries, continuous growth of healthcare sector, and high adoption rate in heavy industries. In addition, increasing tourism activities in emerging economies and rising aviation sector coupled with high temperature elastomers based products is predicted to fuel the growth of the market over the assessment period.
The High Temperature Elastomers report has analysed the degree of competition among the major manufacturers in high temperature elastomers market as well as sector growth and market scenario. The global high temperature elastomers market comprises of broad range of producers operating in the market which comprises of medium level and large scale manufacturers. Some of the key players of high temperature elastomers which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as moderate level and high level suppliers belongs to this province specifically from South Korea, the Philippines, Malaysia, Taiwan, Japan, Australia, China, India, and Thailand. In addition, the key operating players of high temperature elastomers are observed to follow various strategic plans to enhance their product portfolio such as distribution agreements, joint ventures, product launches, strategic acquisition, and mergers, and exclusive agreements. Major manufacturers in this market are projected to enhance their manufacturing capacity of high temperature elastomers to meet the rising demand for high temperature elastomers across the globe.
The global high-temperature elastomers market is segmented into product type and end-user industry. On the basis of the product type, the global high-temperature elastomers market is segmented into silicone elastomers, fluorocarbon elastomers, fluorosilicone elastomers, perfluoro elastomers, and others. On the basis of the end use industry, the market is further segmented into automotive, aviation, industrial machinery, healthcare, electrical and electronics, building and construction, and others.
Regionally, Asia Pacific is estimated to hold the largest high temperature elastomer market share in 2016 which is followed by North America and further trailed by Europe. In North America the high temperature elastomers market is projected to exhibit above average growth during the review period due to substantial growth of healthcare as well as consumer goods industry in this region. Asia Pacific is estimated to witness tremendous growth over the assessment period in high temperature elastomers market due to growing application of high temperature elastomers in numerous end use industries.
In Asia Pacific, the demand for high temperature elastomers is predicted to enhance in various countries such as Taiwan, India, Japan, Indonesia, the Philippines, South Korea, and China owing to growing population along with shifting of manufacturing units for most of the major market players in this region. In Europe, high temperature elastomers market is expected to register moderate growth on account of shifting consumer preference towards the high temperature elastomers coupled with high adoption rate in medical, healthcare, consumer goods, and transportation sector specifically in Spain, France, Italy, Germany, Poland, Belgium, UK, and Russia.
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
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global High Temperature Elastomers Market
5 Industry Overview Of Global High Temperature Elastomers Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
7. Global High Temperature Elastomers Market By Product Type
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar