Market Research Report on Global Performance Elastomers Market

RAIPUR, INDIA, January 29, 2018 /EINPresswire.com/ --

Report Sellers has added a new market research report “Performance Elastomers - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Performance Elastomers Market is accounted for $11.05 billion in 2016 and is expected to reach $19.19 billion by 2023 growing at a CAGR of 8.2% during the forecast period. Factors such as technological advancements, growing demand in automotive & transportation sectors and rising disposable income are fueling the market growth. However, huge productions cost is hampering the market growth.

Silicone Elastomers segment is anticipated to grow at a significant CAGR during the forecast period attributed to growing usage of silicone elastomers in variety of industries including medical, Building & Construction. Silicone elastomers are mainly available in various forms, such as closed cell sponges, solids, thermally conductive and open cell foams. It offers enriched levels of low extract and purity, which makes it ideal for different applications such as food and drink, biomedical, and pharmaceuticals.

Automotive & Transportation segment commanded the largest market share during the forecast period due to the deployment of strict government policies regarding emission levels. Asia-Pacific is the largest and also fastest growing market during the forecast period owing to rising automotive and transportation sectors in the region. China is expected to be the largest market, whereas India is expected to grow at a fastest CAGR in the Asia-Pacific region. Low production costs and huge population with enhanced middle class lifestyles are driving the market growth in this region.

Some of the key players in Performance Elastomers market include DOW Chemical Company, 3M Company, Exxon Mobil Corporation, E. I. Du Pont De Nemours and Company, Wacker Chemie AG, Mitsui Chemicals, Inc., Tosoh Corporation, Daikin Industries, Ltd., Zeon Chemicals L.P., Showa Denko K.K., JSR Corporation, Polycomp, Momentive Performance Materials Inc., Solvay S.A. and Shin-Etsu Chemical Co., Ltd.

Browse through the complete description and in-depth TOC on “Global Performance Elastomers Market”
https://www.reportsellers.com/market-research-report/Performance-Elastomers---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Performance Elastomers Market has been segmented by end users covered, elastomers covered and regions covered

End Users Covered:
Electrical & Electronics
Industrial Machinery
Automotive & Transportation
Building & Construction
Healthcare
Other End Users

Elastomers Types Covered:
Silicone Elastomers
Nitrile-Based Elastomers
Fluoroelastomers
Other Elastomers Types

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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