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Global High Temperature Elastomers Market Expected to Grow at 7.6% CAGR During 2016 - 2022: P&S Market Research


News provided by

P&S Market Research

29 Sep, 2016, 13:30 GMT

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NEW YORK, September 29, 2016 /PRNewswire/ --

According to market research "Global High Temperature Elastomers Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Fluorocarbon Elastomer, Perfluorocarbon Elastomer, Silicone Elastomer, Fluorosilicone Elastomers, Others), by Application (Automobile & Transportation, Electrical & Electronics, Healthcare, Consumer Products, Industrial Machinery, Others)" by P&S Market Research, the global high temperature elastomers market was valued at $6.2 billion in 2015, and it is expected to grow at a CAGR of 7.6% during 2016 - 2022.

The major factors driving the growth of the market include growing demand and usage in automotive and transportation industry, increasing uses of high temperature elastomers in wide range of application and different end-user industry. In automobile & transportation sectors, these elastomers are predominately used for the manufacturing process of specialty rubber, tyres, seat covers, and other materials. The companies in the high temperature elastomers market are investing in the development of new and innovative products, in order to expand the applicability areas and target new industries, which is expected to create significant growth opportunities for the global market. Asia-Pacific was the fastest growing region in the global high temperature elastomers market in 2015. The growth in the region is attributed to the growing economies and increasing demand from automotive, electrical & electronics and other industries.

Explore Full Report at: https://www.psmarketresearch.com/market-analysis/high-temperature-elastomers-market

Based on type, the global high temperature elastomers market has been segmented into Fluorocarbon Elastomer, Perfluorocarbon Elastomer, Silicone Elastomer, Fluorosilicone Elastomers and Others. The silicone elastomers segment held the largest share in the global high temperature elastomers market in 2015. The major factors driving the growth of the silicone elastomers segment is its increasing application in electronics market owing to superior properties.

In 2015, North America held the second largest share in the global high temperature elastomers market with 30% share, in terms of volume consumption. The growing application of high temperature elastomers in automotive and consumer goods industry are promoting the growth of the high temperature elastomers market in the region. The growing technological advancements, along with increasing need for advanced material in developing regions such as Asia-Pacific and Latin America are projected to boost the demand of high temperature elastomers products.

Browse Related Research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy

Some of the major competitors in the global high temperature elastomers market include The Dow Chemical Company, E.I. du Pont de Nemours and Company, Solvay S.A., Momentive Performance Materials Inc., Wacker Chemie A.G., 3M, Daikin Industries, Bluestar Silicones, RTP Company, Shin-Etsu Chemical Co. Ltd., among others.

GLOBAL HIGH TEMPERATURE MARKET SEGMENTATION 

By Type 

  • Fluorocarbon Elastomer
  • Perfluorocarbon Elastomer
  • Silicone Elastomer
  • Fluorosilicone Elastomers
  • Others

By Application 

  • Automobile & Transportation
  • Electrical & Electronics
  • Healthcare
  • Consumer Products
  • Industrial Machinery
  • Others

GEOGRAPHICAL SEGMENTATION 

 •   North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

•    Europe

  • Germany
  • U.K.
  • France
  • Italy
  • Rest Of Europe

•    Asia-Pacific

  • China
  • Japan
  • India
  • Korea
  • Rest of Asia-Pacific

•    Rest of the World

  • Brazil
  • Others

Browse Other Reports by P&S Market Research 

Global Ballistic Protection Materials Market - https://www.psmarketresearch.com/market-analysis/ballistic-protection-materials-market

Global Solar Control Films Market - https://www.psmarketresearch.com/market-analysis/solar-control-films-market

Global Nanochemicals Market - https://www.psmarketresearch.com/market-analysis/nanochemicals-market

About P&S Market Research 

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.


Contact:
Deep
Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

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