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Global Cast Elastomer Market Overview

Cast Elastomer Market Size Was Valued at USD 1.32 Billion in 2023 and is Projected to Reach USD 1.77 Billion by 2032, Growing at a CAGR of 3.3% From 2024-2032.

Cast elastomers are referred to as thermosetting, akin to natural and synthetic rubbers. These elastomers are based on either polyether and/or polyesters. Cast elastomers possess significant physical properties, incorporating abrasion resistance and load-bearing. They also have other beneficial properties such as tensile strength and tear resistance. Cast elastomers offer different innate capabilities such as abrasion resistance, resilience, impact strength, and resistance to oil and grease. Elastomers are polymers distinguished by possessing viscoelasticity. Furthermore, elastomers are known to retain their original structure and characteristics for utilization in longer and high-performance systems. These are utilized in various applications including slide plates, bearings, shock absorbers, bumpers, wear strips, and many others.

Cast elastomers provide better longevity as compared to plastics rubbers, and metals. Moreover, cast elastomers are accessible in two types namely hot cast and cold cast. Hot cast elastomers are applied in attentive applications that need strong performance. Processing of these elastomers generally requires heated components and tooling, along with hot post-cure to optimize properties. These elastomers are particularly utilized in the mining industry. In addition, cold cast elastomers are two or three-component PU high-performance systems. Cold cast elastomers are utilized in various applications, ranging from flexible polyurethane resin or foam to very hard plastics. These elastomers are composed for applications at room temperature and do not require heat post curation, making them simple and fast to produce. Amidst the COVID-19 pandemic, the global market for Cast Elastomers projected at US$1.2 Billion in the year 2020, is estimated to gain a revised size of US$1.5 Billion by 2027, during the forecast period.

COVID-19 Impact on the Cast Elastomers Market

COVID-19 has helped the industrial and manufacturing sectors into an unknown operating environment globally. Government restrictions on the number of people that can gather at one place have poorly influenced the sectors. For instance, the component manufacturing sector is highly impacted by the covid-19. The production and factory operations in the automotive, aerospace and electronics, industries were temporarily shut down during the lockdown period. Many of the industries are dependent on China for raw material supply. Therefore, supply chain disruptions also have had a major impact on industrial output. The global economy had contracted owing to the pandemic. The impact of COVID-19 on all industries will continue as long as the pandemic lasts. Factors such as liquidity scarcity, loss in investments, labor shortage, supply chain constraints, and the overall global economic uncertainty are affecting the growth of the industrial sector. For the last few months, most of the economies, such as India, China, and the US, have opened the economy, and industrial activities have started but with limited workforce and materials. The industrial output is anticipated to rebound as most of the economies have started opening. The manufacturers of cast elastomers have also faced an adverse impact of COVID-19 on sales volume in the first and second quarters of 2020. Key players in the market are mitigating the risk by particularly targeting local management and by focusing on untapped market opportunities.

Market Dynamics And Factors For The Cast Elastomers Market

Drivers:

Growing demand for cast elastomers in various end-use industries, superior significance over conventional materials, and rise in demand for these elastomers in developing countries are major factors turning the cast elastomers market. The cast elastomers market has been growing owing to the increase in the application of cast elastomers in end-use industries such as industrial, automotive & transportation, mining, and oil & gas.  Additionally, in the mining industry, hot cast polyurethane elastomers are especially utilized in mineral processing applications such as conveyor scrapers, separating screens, and other components. The high load-bearing capacity, high abrasion resistance, resilience, and influence strength properties of cast polyurethane elastomers assist raise the performance and longevity of mining equipment. The development in the cast elastomers market will also be helped by the rising output in the mining industry with increasing exploration activities, particularly in the developing countries.

Restraints:

Cast elastomers poorly influence the environment and human health. For instance, Isocyanates are mostly reactive and low molecular weight chemicals which are utilized in the manufacturing of products such as flexible and rigid foams, coatings, fibers, varnishes, and elastomers. Isocyanates such as MDI, TDI, and HDI, which are toxic, are the major raw materials used for the manufacturing of polyurethane cast elastomers. Therefore, there is widespread opposition against the sales and utilization of these chemicals. These are major factors hindering the global cast elastomers market. Moreover, compliance with strict regulations and standards and differentiation in prices of raw materials are the key challenges being experienced by producers of cast elastomers.

Opportunities:

Continuous technological advancements present profitable opportunities to the global cast elastomers market. Growth in demand for cast elastomers in developing countries and a rise in manufacturing activities are also creating opportunities for the cast elastomers market in the upcoming years.

Market Segmentation

Segmentation Analysis of Cast Elastomers Market:

Based on Type, the hot cast elastomer segment is expected to dominate the cast elastomers market over the forecast period. The major growth driver of the high utilization of these cast elastomers is due to their properties such as cost-effectiveness, adaptability, and durability. Hot cast elastomers possess an extensive range of applications and exhibit properties of polyurethane. These elastomers are utilized in applications such as rollers and industrial wheels, which demand a high degree of performance. These elastomers find usage in mining, oil, heavy-duty equipment, medical, automotive, and transport industries. Rising demand for machinery and equipment in these end-use industries is anticipated to support the growth of the hot cast elastomer segment.

Based on Application, the industrial sector is the highest end-use industry for the cast elastomer market during the forecast period. The rising demand in this segment is attributed to its extensive variety of applications in the industrial sector. The rising number of industries producing high demand for equipment and machinery is helping enhance the demand for cast elastomers in this sector. Cast elastomers are used in the industrial sector in a wide range of applications such as conveyor belts, coupling elements, forklift wheels, seals & gaskets, and others. These are used in various sectors such as paper, construction, heavy industries, and others. Rising demand for machinery is directly anticipated to affect the cast elastomers market positively.

Based on Distribution Channels, online distribution channels are expected to dominate the market during the forecast period. Owing to the penetration of the internet as well as smart devices such including smartphones, accessible laptops. The online distribution mode enables the seller to serve the larger market which expands their domestic location.

Regional Analysis of Cast Elastomers Market:

The Asia Pacific is expected to dominate the cast elastomers market during the forecast period. Significant economic development and a growing customer base have led to this rise in demand. Furthermore, growth in population and rising urbanization are also driving the manufacturing sector. Additionally, growth in industrialization, rising demand due to changing demographics, and government initiatives to attract business investments in industries such as automotive, power, oil & gas, are also turning the market for cast elastomers in the region. Growing production of automotive in this region will also spur the demand in the coming years.

Owing to an immense amount of industrial manufacturing plants, and the maximum usages of the product in mining equipment, the US is anticipated to be the rising market for cast elastomers in North America.

The augmented product demand in the manufacturing of automotive parts and industrial components such as industrial bearings and bushings, roller coating, belt scrapers, and casing components is anticipated to drive the growth of the European market.

The markets in Latin America and the Middle East & Africa are estimated to present substantial growth owing to significant evolution in end-use sectors such as petroleum & gas and mining.

Players Covered in Cast Elastomer market are :

  •  DowDuPont Inc.
  •  BASF SE
  •  VCM Polyurethanes Pvt. Ltd.
  •  LANXESS AG
  •  Accella Polyurethane Systems
  •  Tosoh Corporation
  •  Axson Technologies
  •  Chemline Inc.
  •  Coim S.p.A (Coim Group)
  •  Covestro AG
  •  Wanhua Chemical Group Co.Ltd
  •  Herikon; Huntsman Corporation
  •  Luc Group
  •  Everchem Specialty Chemicals
  •  Makro Chemical Endustriyel Kimyasallar San. Ve Tic. Ltd. Ti
  •  Mitsui Chemicals Inc.
  •  TAIWAN PU CORPORATION
  •  Notedome Ltd.
  •  Perstorp Holding AB
  •  Synthesia Internacional SLU
  •  Polycoat Products LLC.
  •  RECKLI GmbH
  •  Sapici S.p.A.
  •  Era Polymers Pty. Ltd and others major key players.

Key Industry Developments In The Cast Elastomers Market

  • In December 2020, Huntsman Corporation announced the signing agreement for the collaboration with Lintech International LLC for the distribution of DALTOCAST, a polyurethane-based hot-cast elastomer system.
  • In August 2020, Lanxess designed the latest range of MDI polyether prepolymers from bio-based raw materials under the brand name Adiprene Green. The properties of Adiprene Green are similar to the fossil-based polyether elastomers offered by the company.

Cast Elastomer Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 1.32  Bn.

Forecast Period 2024-32 CAGR:

3.3%

Market Size in 2032:

USD 1.77  Bn.

Segments Covered:

By Type

  • Hot Cast Elastomer
  • Cold Cast Elastomer

By Application

  • Automotive & Transportation
  • Agriculture
  • Industrial
  • Oil & Gas
  • Other

By Distribution Channels

  • Online
  • Offline

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Demand for Cast Elastomers in Various End-Use Industries

Key Market Restraints:

  • Cast Elastomers Poorly Influence the Environment and Human Health

Key Opportunities:

  • Advancements in Technology

Companies Covered in the report:

  • DowDuPont Inc., BASF SE, VCM Polyurethanes Pvt. Ltd., LANXESS AG, Accella Polyurethane Systems, Tosoh Corporation, and Other Major Players

Chapter 1: Introduction
ā€ƒ1.1 Research Objectives
ā€ƒ1.2 Research Methodology
ā€ƒ1.3 Research Process
ā€ƒ1.4 Scope and Coverage
ā€ƒā€ƒ1.4.1 Market Definition
ā€ƒā€ƒ1.4.2 Key Questions Answered
ā€ƒ1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
ā€ƒ3.1 By Type
ā€ƒ3.2 By Application
ā€ƒ3.3 By Distribution Channels

Chapter 4: Market Landscape
ā€ƒ4.1 Porter's Five Forces Analysis
ā€ƒā€ƒ4.1.1 Bargaining Power of Supplier
ā€ƒā€ƒ4.1.2 Threat of New Entrants
ā€ƒā€ƒ4.1.3 Threat of Substitutes
ā€ƒā€ƒ4.1.4 Competitive Rivalry
ā€ƒā€ƒ4.1.5 Bargaining Power Among Buyers
ā€ƒ4.2 Industry Value Chain Analysis
ā€ƒ4.3 Market Dynamics
ā€ƒā€ƒ4.3.1 Drivers
ā€ƒā€ƒ4.3.2 Restraints
ā€ƒā€ƒ4.3.3 Opportunities
ā€ƒā€ƒ4.5.4 Challenges
ā€ƒ4.4 Pestle Analysis
ā€ƒ4.5 Technological Roadmap
ā€ƒ4.6 Regulatory Landscape
ā€ƒ4.7 SWOT Analysis
ā€ƒ4.8 Price Trend Analysis
ā€ƒ4.9 Patent Analysis
ā€ƒ4.10 Analysis of the Impact of Covid-19
ā€ƒā€ƒ4.10.1 Impact on the Overall Market
ā€ƒā€ƒ4.10.2 Impact on the Supply Chain
ā€ƒā€ƒ4.10.3 Impact on the Key Manufacturers
ā€ƒā€ƒ4.10.4 Impact on the Pricing

Chapter 5: Cast Elastomers Market by Type
ā€ƒ5.1 Cast Elastomers Market Overview Snapshot and Growth Engine
ā€ƒ5.2 Cast Elastomers Market Overview
ā€ƒ5.3 Hot Cast Elastomer
ā€ƒā€ƒ5.3.1 Introduction and Market Overview
ā€ƒā€ƒ5.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.3.4 Hot Cast Elastomer: Grographic Segmentation
ā€ƒ5.4 Cold Cast Elastomer
ā€ƒā€ƒ5.4.1 Introduction and Market Overview
ā€ƒā€ƒ5.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.4.4 Cold Cast Elastomer: Grographic Segmentation

Chapter 6: Cast Elastomers Market by Application
ā€ƒ6.1 Cast Elastomers Market Overview Snapshot and Growth Engine
ā€ƒ6.2 Cast Elastomers Market Overview
ā€ƒ6.3 Automotive & Transportation
ā€ƒā€ƒ6.3.1 Introduction and Market Overview
ā€ƒā€ƒ6.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.3.4 Automotive & Transportation: Grographic Segmentation
ā€ƒ6.4 Agriculture
ā€ƒā€ƒ6.4.1 Introduction and Market Overview
ā€ƒā€ƒ6.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.4.4 Agriculture: Grographic Segmentation
ā€ƒ6.5 Industrial
ā€ƒā€ƒ6.5.1 Introduction and Market Overview
ā€ƒā€ƒ6.5.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.5.4 Industrial: Grographic Segmentation
ā€ƒ6.6 Oil & Gas
ā€ƒā€ƒ6.6.1 Introduction and Market Overview
ā€ƒā€ƒ6.6.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.6.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.6.4 Oil & Gas: Grographic Segmentation
ā€ƒ6.7 Other
ā€ƒā€ƒ6.7.1 Introduction and Market Overview
ā€ƒā€ƒ6.7.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.7.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.7.4 Other: Grographic Segmentation

Chapter 7: Cast Elastomers Market by Distribution Channels
ā€ƒ7.1 Cast Elastomers Market Overview Snapshot and Growth Engine
ā€ƒ7.2 Cast Elastomers Market Overview
ā€ƒ7.3 Online
ā€ƒā€ƒ7.3.1 Introduction and Market Overview
ā€ƒā€ƒ7.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.3.4 Online: Grographic Segmentation
ā€ƒ7.4 Offline
ā€ƒā€ƒ7.4.1 Introduction and Market Overview
ā€ƒā€ƒ7.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.4.4 Offline: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
ā€ƒ8.1 Competitive Landscape
ā€ƒā€ƒ8.1.1 Competitive Positioning
ā€ƒā€ƒ8.1.2 Cast Elastomers Sales and Market Share By Players
ā€ƒā€ƒ8.1.3 Industry BCG Matrix
ā€ƒā€ƒ8.1.4 Ansoff Matrix
ā€ƒā€ƒ8.1.5 Cast Elastomers Industry Concentration Ratio (CR5 and HHI)
ā€ƒā€ƒ8.1.6 Top 5 Cast Elastomers Players Market Share
ā€ƒā€ƒ8.1.7 Mergers and Acquisitions
ā€ƒā€ƒ8.1.8 Business Strategies By Top Players
ā€ƒ8.2 DOWDUPONT INC.
ā€ƒā€ƒ8.2.1 Company Overview
ā€ƒā€ƒ8.2.2 Key Executives
ā€ƒā€ƒ8.2.3 Company Snapshot
ā€ƒā€ƒ8.2.4 Operating Business Segments
ā€ƒā€ƒ8.2.5 Product Portfolio
ā€ƒā€ƒ8.2.6 Business Performance
ā€ƒā€ƒ8.2.7 Key Strategic Moves and Recent Developments
ā€ƒā€ƒ8.2.8 SWOT Analysis
ā€ƒ8.3 BASF SE
ā€ƒ8.4 VCM POLYURETHANES PVT. LTD.
ā€ƒ8.5 LANXESS AG
ā€ƒ8.6 ACCELLA POLYURETHANE SYSTEMS
ā€ƒ8.7 TOSOH CORPORATION
ā€ƒ8.8 AXSON TECHNOLOGIES
ā€ƒ8.9 CHEMLINE INC.
ā€ƒ8.10 COIM S.P.A (COIM GROUP)
ā€ƒ8.11 COVESTRO AG
ā€ƒ8.12 WANHUA CHEMICAL GROUP CO.LTD
ā€ƒ8.13 HERIKON
ā€ƒ8.14 HUNTSMAN CORPORATION
ā€ƒ8.15 LUC GROUP
ā€ƒ8.16 EVERCHEM SPECIALTY CHEMICALS
ā€ƒ8.17 MAKRO CHEMICAL
ā€ƒ8.18 MITSUI CHEMICALS INC.
ā€ƒ8.19 TAIWAN PU CORPORATION
ā€ƒ8.20 NOTEDOME LTD.
ā€ƒ8.21 PERSTORP HOLDING AB
ā€ƒ8.22 SYNTHESIA INTERNACIONAL SLU
ā€ƒ8.23 POLYCOAT PRODUCTS LLC.
ā€ƒ8.24 RECKLI GMBH
ā€ƒ8.25 SAPICI S.P.A.
ā€ƒ8.26 ERA POLYMERS PTY. LTD
ā€ƒ8.27 OTHER MAJOR PLAYERS

Chapter 9: Global Cast Elastomers Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ9.1 Market Overview
ā€ƒ9.2 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ9.2.1 Hot Cast Elastomer
ā€ƒā€ƒ9.2.2 Cold Cast Elastomer
ā€ƒ9.3 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ9.3.1 Automotive & Transportation
ā€ƒā€ƒ9.3.2 Agriculture
ā€ƒā€ƒ9.3.3 Industrial
ā€ƒā€ƒ9.3.4 Oil & Gas
ā€ƒā€ƒ9.3.5 Other
ā€ƒ9.4 Historic and Forecasted Market Size By Distribution Channels
ā€ƒā€ƒ9.4.1 Online
ā€ƒā€ƒ9.4.2 Offline

Chapter 10: North America Cast Elastomers Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ10.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.2 Impact of Covid-19
ā€ƒ10.3 Key Players
ā€ƒ10.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ10.4.1 Hot Cast Elastomer
ā€ƒā€ƒ10.4.2 Cold Cast Elastomer
ā€ƒ10.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ10.5.1 Automotive & Transportation
ā€ƒā€ƒ10.5.2 Agriculture
ā€ƒā€ƒ10.5.3 Industrial
ā€ƒā€ƒ10.5.4 Oil & Gas
ā€ƒā€ƒ10.5.5 Other
ā€ƒ10.6 Historic and Forecasted Market Size By Distribution Channels
ā€ƒā€ƒ10.6.1 Online
ā€ƒā€ƒ10.6.2 Offline
ā€ƒ10.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ10.7.1 U.S.
ā€ƒā€ƒ10.7.2 Canada
ā€ƒā€ƒ10.7.3 Mexico

Chapter 11: Europe Cast Elastomers Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ11.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.2 Impact of Covid-19
ā€ƒ11.3 Key Players
ā€ƒ11.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ11.4.1 Hot Cast Elastomer
ā€ƒā€ƒ11.4.2 Cold Cast Elastomer
ā€ƒ11.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ11.5.1 Automotive & Transportation
ā€ƒā€ƒ11.5.2 Agriculture
ā€ƒā€ƒ11.5.3 Industrial
ā€ƒā€ƒ11.5.4 Oil & Gas
ā€ƒā€ƒ11.5.5 Other
ā€ƒ11.6 Historic and Forecasted Market Size By Distribution Channels
ā€ƒā€ƒ11.6.1 Online
ā€ƒā€ƒ11.6.2 Offline
ā€ƒ11.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ11.7.1 Germany
ā€ƒā€ƒ11.7.2 U.K.
ā€ƒā€ƒ11.7.3 France
ā€ƒā€ƒ11.7.4 Italy
ā€ƒā€ƒ11.7.5 Russia
ā€ƒā€ƒ11.7.6 Spain
ā€ƒā€ƒ11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Cast Elastomers Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ12.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.2 Impact of Covid-19
ā€ƒ12.3 Key Players
ā€ƒ12.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ12.4.1 Hot Cast Elastomer
ā€ƒā€ƒ12.4.2 Cold Cast Elastomer
ā€ƒ12.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ12.5.1 Automotive & Transportation
ā€ƒā€ƒ12.5.2 Agriculture
ā€ƒā€ƒ12.5.3 Industrial
ā€ƒā€ƒ12.5.4 Oil & Gas
ā€ƒā€ƒ12.5.5 Other
ā€ƒ12.6 Historic and Forecasted Market Size By Distribution Channels
ā€ƒā€ƒ12.6.1 Online
ā€ƒā€ƒ12.6.2 Offline
ā€ƒ12.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ12.7.1 China
ā€ƒā€ƒ12.7.2 India
ā€ƒā€ƒ12.7.3 Japan
ā€ƒā€ƒ12.7.4 Singapore
ā€ƒā€ƒ12.7.5 Australia
ā€ƒā€ƒ12.7.6 New Zealand
ā€ƒā€ƒ12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Cast Elastomers Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ13.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.2 Impact of Covid-19
ā€ƒ13.3 Key Players
ā€ƒ13.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ13.4.1 Hot Cast Elastomer
ā€ƒā€ƒ13.4.2 Cold Cast Elastomer
ā€ƒ13.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ13.5.1 Automotive & Transportation
ā€ƒā€ƒ13.5.2 Agriculture
ā€ƒā€ƒ13.5.3 Industrial
ā€ƒā€ƒ13.5.4 Oil & Gas
ā€ƒā€ƒ13.5.5 Other
ā€ƒ13.6 Historic and Forecasted Market Size By Distribution Channels
ā€ƒā€ƒ13.6.1 Online
ā€ƒā€ƒ13.6.2 Offline
ā€ƒ13.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ13.7.1 Turkey
ā€ƒā€ƒ13.7.2 Saudi Arabia
ā€ƒā€ƒ13.7.3 Iran
ā€ƒā€ƒ13.7.4 UAE
ā€ƒā€ƒ13.7.5 Africa
ā€ƒā€ƒ13.7.6 Rest of MEA

Chapter 14: South America Cast Elastomers Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ14.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.2 Impact of Covid-19
ā€ƒ14.3 Key Players
ā€ƒ14.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.4 Historic and Forecasted Market Size By Type
ā€ƒā€ƒ14.4.1 Hot Cast Elastomer
ā€ƒā€ƒ14.4.2 Cold Cast Elastomer
ā€ƒ14.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ14.5.1 Automotive & Transportation
ā€ƒā€ƒ14.5.2 Agriculture
ā€ƒā€ƒ14.5.3 Industrial
ā€ƒā€ƒ14.5.4 Oil & Gas
ā€ƒā€ƒ14.5.5 Other
ā€ƒ14.6 Historic and Forecasted Market Size By Distribution Channels
ā€ƒā€ƒ14.6.1 Online
ā€ƒā€ƒ14.6.2 Offline
ā€ƒ14.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ14.7.1 Brazil
ā€ƒā€ƒ14.7.2 Argentina
ā€ƒā€ƒ14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Cast Elastomer Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 1.32  Bn.

Forecast Period 2024-32 CAGR:

3.3%

Market Size in 2032:

USD 1.77  Bn.

Segments Covered:

By Type

  • Hot Cast Elastomer
  • Cold Cast Elastomer

By Application

  • Automotive & Transportation
  • Agriculture
  • Industrial
  • Oil & Gas
  • Other

By Distribution Channels

  • Online
  • Offline

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Demand for Cast Elastomers in Various End-Use Industries

Key Market Restraints:

  • Cast Elastomers Poorly Influence the Environment and Human Health

Key Opportunities:

  • Advancements in Technology

Companies Covered in the report:

  • DowDuPont Inc., BASF SE, VCM Polyurethanes Pvt. Ltd., LANXESS AG, Accella Polyurethane Systems, Tosoh Corporation, and Other Major Players
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Frequently Asked Questions :

What would be the forecast period in the Cast Elastomer Market research report?

The forecast period in the Cast Elastomers Market research report is 2024-2032

Who are the key players in Cast Elastomer Market?

DowDuPont Inc., BASF SE, VCM Polyurethanes Pvt. Ltd., LANXESS AG, Accella Polyurethane Systems, Tosoh Corporation, Axson Technologies, Chemline Inc., Coim S.p.A (Coim Group), Covestro AG, Wanhua Chemical Group Co.Ltd, Herikon; Huntsman Corporation, Luc Group, Everchem Specialty Chemicals, Makro Chemical Endustriyel Kimyasallar San. Ve Tic. Ltd. Ti, Mitsui Chemicals Inc., TAIWAN PU CORPORATION, Notedome Ltd., Perstorp Holding AB, Synthesia Internacional SLU, Polycoat Products LLC., RECKLI GmbH, Sapici S.p.A., Era Polymers Pty. Ltd., and Other Major Players.

What are the segments of Cast Elastomer Market?

Cast Elastomers Market is segmented into Type, Application, Distribution Channels and region. By Type, the market is categorized into Hot Cast Elastomer, Cold Cast Elastomer. By Application, the market is categorized into Automotive & Transportation, Agriculture, Industrial, Oil & Gas, Other. By Distribution Channels, the market is categorized into Online, Offline, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Cast Elastomer Market?

Cast elastomers are referred to as thermosetting, akin to natural and synthetic rubbers. These elastomers are based on either polyether and/or polyesters. Cast elastomers possess significant physical properties, incorporating abrasion resistance and load-bearing

How big is Cast Elastomer Market?

Cast Elastomer Market Size Was Valued at USD 1.32 Billion in 2023 and is Projected to Reach USD 1.77 Billion by 2032, Growing at a CAGR of 3.3% From 2024-2032.