© 2017 Global Market Insights, Inc. USA. All Rights Reserved Global Performance Elastomers Market Inside Analysis For 2017: 2024 Performance Elastomers MarketPerformance Elastomers Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

Global Market Scenario of Performance Elastomers Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Performance Elastomers Market Size is likely to grow at a steady rate from 2016 to 2024 due to unique product performance such as oil & gas resistance, chemical resistance, wear-off resistance, flexibility, anti-aging property, durability, etc.  The performance elastomers market will grow at a faster pace than standard elastomers due to technological advancement in rubber goods.  These products are modified by different functional groups such as halogens, nitrile group, silicone group, ethylene group, etc. to enhance the performance of the elastomers.  The performance elastomers have wide range of operating environment varying from subzero to extreme temperature.  Other advantages of the product include oil resistance, anti-aging property, chemical resistance, outstanding mechanical properties, etc.  which increases durability as well as life span of rubber products. The ease of modification of the product by compounding, advancement in processing technologies, and new application of the product such as in laser printing, will create ample growth opportunities for the performance elastomers market.  Availability and price of raw material is expected to hinder the market growth during the forecast timeframe.

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- The performance elastomers market is segmented on the basis of products such as ethylene based, silicone based, flouro based, and others such as polyurethanes, epichlorohydrin, polyester, nitrile based, etc. Performance elastomers will witness significant growth rate in the next few years driven by its extensive application in adhesives, PVC films, conveyor belts, semiconductor wafer fabrication, automotive, aerospace, pharmaceuticals, food packaging applications, etc. Silicone based elastomers finds its application in bakeware, exhaust hangers, membrane, fuel system valves, power train application, rollers, textile coating etc Regional Trends:- Asia Pacific is likely to be a fast-growing regional market and will consume a significant volume of performance elastomers owing to rapid growth in the automobile & transportation sector. The growth in chemical processing, food packaging, as well as building & construction industries in developing economies such as Japan, China, South Korea, India, etc. will propel the market growth. North America will be the second largest region after Asia Pacific followed by Europe which is likely to propel the performance elastomers market growth. The U.S. is likely to share a significant amount of global market in the forecast period.

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: 3M company, Arlanxeo, E.I Du Pont de Nemours and Co., Momentive Performance Materials Inc., are among the prominent players of the industry. Some other notable participants include Daikin Industries, Tosoh Corporation, Showa Denko K.K, Reiss Manufacturing Inc., Mitsui Chemicals Inc., Exxon Mobil Corporation, JSR Corporation, Flexan LLC, Kraiburg TPE GmbH & Co. Kg, Polycomp, James Walker, Kaco GmbH + Co. Kg, Wacker Chemie, Zeon Chemicals, Solvay S.A., Shin-Etsu Chemical Co. Ltd.

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