Cast Elastomers Market Trend, Demand, Scope, Growth Analysis and Industry Forecast 2020 -2027

Cast Elastomers Market

According to a recent report by Emergen Research, the global market for cast elastomers is expected to be worth USD 1,842.2 million by 2027. The automobile industry has a significant demand for cast elastomers. Some of the most demanding industries, like the automotive industry, use cast elastomers. Cast elastomers, like polyurethanes, have outstanding resistance to lubricants like oil and grease as well as a significant load-bearing capacity, abrasion resistance, impact strength, and flexibility.Cast elastomers are frequently employed in the manufacture of automobiles in the parts and components that must withstand the effects of age, load-bearing, compression, torsional stresses, stretching, sliding, wear and tear, and ageing. Motor and transmission mounts, damper springs, suspension pads, drive belts, filters, dunnage, tyres, wheel fill, sprockets, and gears are among the parts made from cast elastomers.

Cast elastomers are the best material for rollers and conveyor parts in the food sector because of their unrivalled gripping abilities, flexibility, and cut resistance. Cast elastomers have a number of advantages over rubber or plastic, including less downtime, less product damage and loss, less product contamination, less noise output, ease of cleaning, and a longer service life.

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Some Key Highlights in the Report

Huntsman Corporation announced in December 2020 that it has partnered with Lintech International LLC to distribute DALTOCAST, a hot cast elastomer system based on polyurethane.

Hot cast elastomers are widely used as pipe linings, separating screens, idler rollers, conveyor scrapers, and various components and parts in the flotation process in a variety of end-user sectors, particularly the mining industry. Hot cast elastomers are employed in the production of wheels, rollers, and tyres in other end-use industries.

In many different industries that demand high-quality, custom-made moulded elastomer products, including agriculture, automotive, and oil & gas, the cast urethane method is used to make bespoke moulded products that adhere to precise component specifications. Furthermore, these products are more resistant to wear and tear than metal products, which rust and break when used in industrial settings.

The expansion of the automotive and oil & gas sectors in the region contributed to the significant growth of the cast elastomers market in North America, headed by the U.S., in 2019. Additionally, the market in North America is boosted by the presence of major industry players.

Huntsman Corporation, BASF SE, Era Polymers, Lanxess AG, Wanhua Chemical Group, Covestro AG, Coim Group, DowDuPont, Mitsui Chemicals, and Chemline Inc. are important market participants.

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
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

Browse Detailed Research report @ https://www.emergenresearch.com/industry-report/cast-elastomers-market

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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