Cast Elastomers Market by Type (Hot Cast, Cold Cast), End-use Industry (Automotive & Transportation, Industrial, Mining, Oil & Gas), and Region (North America, Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2023

  • ID: 4585634
  • Report
  • Region: Global, Africa, Asia Pacific, East Africa, Europe, Middle East, North America, United States
  • 131 Pages
  • Markets and Markets
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The Global Cast Elastomers Market is Estimated at USD 1.20 Billion in 2018 and is Projected to Reach USD 1.52 Billion by 2023, at a CAGR of 4.8%

FEATURED COMPANIES

  • Axson Technologies
  • Coim Group
  • ERA Polymers
  • Lanxess
  • Mitsui Chemicals
  • Polycoat Products
  • MORE

Increasing use of cast elastomers in niche applications and increasing manufacturing activities in emerging economies are driving the growth of the cast elastomers market
The global cast elastomers market is estimated at USD 1.20 billion in 2018 and is projected to reach USD 1.52 billion by 2023, at a CAGR of 4.8% between 2018 and 2023. The market is witnessing growth due to the increasing use of cast elastomers in end-use industries, such as automotive & transportation, industrial, mining, and oil & gas. The growing demand from emerging economies along with the increasing manufacturing activities is creating growth opportunities for the cast elastomers market. However, fluctuating raw material prices act as a restraint for the growth of the market.

Hot cast is projected to be the fastest-growing segment of the cast elastomers market, by type
Hot cast is projected to be the fastest-growing segment of the cast elastomers market during the forecast period (2018-2023). Hot cast elastomers are gaining popularity owing to their excellent impact strength, high abrasion resistance, tensile strength, high load-bearing capacity, and cost-effectiveness. Furthermore, increasing use of cast elastomers in several end-use industries is also expected to drive the hot cast elastomers market during the forecast period.

Automotive & transportation is projected to be the fastest-growing segment of the cast elastomers market, by end-use industry
Automotive & transportation is projected to be the fastest-growing end-use industry of the cast elastomers market during the forecast period (2018-2023). Properties, such as toughness, low abrasion, thermal stability, and durability and increasing production of automotives, especially in the APAC region are expected to drive the market.

APAC is projected to be the fastest-growing market for cast elastomers, by region
The APAC region is projected to be the fastest-growing market for cast elastomers during the forecast period. Growth of the cast elastomers market in APAC is due to the fact that the region has a favorable and cost-effective manufacturing environment, significant consumer base, and supportive government policies. Furthermore, growing end-use industries, such as automotive & transportation and oil & gas are also driving the cast elastomers market in the APAC region.

This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided into three categories, namely, by company, by designation, and by region.

  • By Company Type: Tier 1 - 43%, Tier 2 - 36%, and Tier 3 - 21%
  • By Designation: C-Level Executives- 21%, Director Level - 29%, and Others - 50%
  • By Region: APAC – 32%, Europe – 30%, North America - 27%, RoW - 11%

The report also provides company profiles and competitive strategies adopted by major market players, such as Covestro (Germany), Huntsman (US), Lanxess (Germany), DowDuPont (US), BASF (Germany), Tosoh Corporation (Japan), Mitsui Chemicals (Japan), and Era Polymers (Australia), among others.

Research Coverage:
The report covers the cast elastomers market and its applications across different regions. It aims at estimating the market size and future growth potential of this market across different segments, such as type, end-use industry, and region. The report also includes an in-depth competitive analysis of the key market players along with their company profiles.

Reasons to buy this report:
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends) and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the cast elastomers market; high-growth regions; and market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on cast elastomers offered by the top players in the global cast elastomers market
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the global cast elastomers market
Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for cast elastomers across regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global cast elastomers market
Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the global cast elastomers market

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FEATURED COMPANIES

  • Axson Technologies
  • Coim Group
  • ERA Polymers
  • Lanxess
  • Mitsui Chemicals
  • Polycoat Products
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Data Triangulation
2.6 Assumptions
2.7 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Cast Elastomers Market
4.2 Cast Elastomers Market, By Type
4.3 Cast Elastomers Market, By Region
4.4 Hot Cast Elastomers Market
4.5 Cast Elastomers Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand From High-Value End-Use Industries
5.2.1.2 Superior Advantages Over Conventional Materials
5.2.1.3 Increasing Demand From Emerging Economies
5.2.2 Restraints
5.2.2.1 Hazardous Impact on the Environment and Human Health
5.2.3 Opportunities
5.2.3.1 Continuous Technological Developments
5.2.4 Challenges
5.2.4.1 Compliance With Stringent Regulations and Standards
5.2.4.2 Fluctuating Raw Material Prices

6 Industry Trends
6.1 Porter’s Five Forces Analysis
6.1.1 Threat of New Entrants
6.1.2 Threat of Substitutes
6.1.3 Bargaining Power of Suppliers
6.1.4 Bargaining Power of Buyers
6.1.5 Intensity of Competitive Rivalry
6.2 Macroeconomic Overview and Key Trends
6.2.1 Automotive Industry

7 Cast Elastomers Market, By Type
7.1 Introduction
7.2 Hot Cast Elastomer
7.3 Cold Cast Elastomer

8 Cast Elastomers Market, By End-Use Industry
8.1 Introduction
8.2 Industrial
8.3 Automotive & Transportation
8.4 Mining
8.5 Oil & Gas
8.6 Others

9 Cast Elastomers Market, By Region
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 Japan
9.2.3 India
9.2.4 South Korea
9.2.5 Rest of APAC
9.3 North America
9.3.1 US
9.3.2 Canada
9.3.3 Mexico
9.4 Europe
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Italy
9.4.5 Russia
9.4.6 Turkey
9.4.7 Rest of Europe
9.5 Middle East & Africa
9.5.1 Iran
9.5.2 Saudi Arabia
9.5.3 South Africa
9.5.4 Rest of the Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America

10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking Analysis
10.3 Competitive Situations and Trends
10.3.1 New Product Development
10.3.2 Expansion
10.3.3 Merger & Acquisition
10.3.4 Joint Venture

11 Company Profiles
11.1 Covestro
11.2 Huntsman
11.3 Lanxess
11.4 Dowdupont
11.5 BASF
11.6 Tosoh Corporation
11.7 Mitsui Chemicals
11.8 Wanhua Chemical
11.9 ERA Polymers
11.10 Coim Group
11.11 Additional Company Profiles
11.11.1 Taiwan Pu Corporation
11.11.2 Notedome Limited
11.11.3 Accella Polyurethane Systems
11.11.4 Chemline, Inc.
11.11.5 Everchem Specialty Chemicals
11.11.6 Polycoat Products
11.11.7 Synthesia International S.L.U.
11.11.8 Makro Chemical
11.11.9 Axson Technologies
11.11.10 Reckli
11.11.11 VCM Polyurethane Pvt. Ltd.
11.11.12 Perstorp
11.11.13 Herikon
11.11.14 LUC Group
11.11.15 Sapici S.P.A.

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables (66 Tables)

Table 1 Production Volumes of Automobiles (Number of Units)
Table 2 Cast Elastomers Market Size, By Type, 2016–2023 (USD Million)
Table 3 Cast Elastomers Market Size, By Type, 2016–2023 (Thousand Ton)
Table 4 Hot Cast Elastomers Market Size, By Region, 2016–2023 (USD Million)
Table 5 Hot Cast Elastomers Market Size, By Region, 2016–2023 (Thousand Ton)
Table 6 Cold Cast Elastomers Market Size, By Region, 2016–2023 (USD Million)
Table 7 Cold Cast Elastomers Market Size, By Region, 2016–2023 (Thousand Ton)
Table 8 Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 9 Cast Elastomers Market Size in Industrial, By Region, 2016–2023 (USD Million)
Table 10 Cast Elastomers Market Size in Automotive & Transportation, By Region, 2016–2023 (USD Million)
Table 11 Cast Elastomers Market Size in Mining, By Region, 2016–2023 (USD Million)
Table 12 Cast Elastomers Market Size in Oil & Gas, By Region, 2016–2023 (USD Million)
Table 13 Cast Elastomers Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 14 Cast Elastomers Market Size, By Region, 2016–2023 (USD Million)
Table 15 Cast Elastomers Market Size, By Region, 2016–2023 (Thousand Ton)
Table 16 APAC: Cast Elastomers Market Size, By Country, 2016–2023 (USD Million)
Table 17 APAC: Cast Elastomers Market Size, By Country, 2016–2023 (USD Million)
Table 18 APAC: Cast Elastomers Market Size, By Type, 2016–2023 (USD Million)
Table 19 APAC: Cast Elastomers Market Size, By Type, 2016–2023 (Thousand Ton)
Table 20 APAC: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 21 China: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 22 Japan: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 23 India: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 24 South Korea: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 25 Rest of APAC: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 26 North America: Cast Elastomers Market Size, By Country, 2016–2023 (USD Million)
Table 27 North America: Cast Elastomers Market Size, By Country, 2016–2023 (Thousand Ton)
Table 28 North America: Cast Elastomers Market Size, By Type, 2016–2023 (USD Million)
Table 29 North America: Cast Elastomers Market Size, By Type, 2016–2023 (Thousand Ton)
Table 30 North America: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 31 US: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 32 Canada: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 33 Mexico: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 34 Europe: Cast Elastomers Market Size, By Country, 2018–2023 (USD Million)
Table 35 Europe: Cast Elastomers Market Size, By Country, 2015–2022 (Thousand Ton)
Table 36 Europe: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 37 Europe: Cast Elastomers Market Size, By Type, 2016–2023 (USD Million)
Table 38 Europe: Cast Elastomers Market Size, By Type, 2016–2023 (Thousand Ton)
Table 39 Germany: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 40 France: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 41 UK: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 42 Italy: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 43 Russia: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 44 Turkey: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 45 Rest of Europe: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 46 Middle East & Africa: Cast Elastomers Market Size, By Country, 2016–2023 (USD Million)
Table 47 Middle East & Africa: Cast Elastomers Market Size, By Country, 2016–2023 (Thousand Ton)
Table 48 Middle East & Africa: Cast Elastomers Market Size, By Type, 2016–2023 (USD Million)
Table 49 Middle East & Africa: Cast Elastomers Market Size, By Type, 2016–2023 (Thousand Ton)
Table 50 Middle East & Africa: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 51 Iran: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 52 Saudi Arabia: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 53 South Africa: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 Rest of the Middle East & Africa: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 55 South America: Cast Elastomers Market Size, By Country, 2016–2023 (USD Million)
Table 56 South America: Cast Elastomers Market Size, By Country, 2016–2023 (Thousand Ton)
Table 57 South America: Cast Elastomers Market Size, By Type, 2016–2023 (USD Million)
Table 58 South America: Cast Elastomers Market Size, By Type, 2016–2023 (Thousand Ton)
Table 59 South America: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 60 Brazil: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 61 Argentina: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 62 Rest of South America: Cast Elastomers Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 63 New Product Development, 2014–2018
Table 64 Expansion, 2014–2018
Table 65 Merger & Acquisition, 2014–2018
Table 66 Joint Venture, 2014–2018

List of Figures (45 Figures)

Figure 1 Cast Elastomers Market: Research Design
Figure 2 Breakdown of Primary Interviews
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Cast Elastomers Market: Data Triangulation
Figure 6 Hot Cast Type to Lead the Cast Elastomers Market
Figure 7 Industrial to Be the Largest End-Use Industry
Figure 8 APAC Was the Largest Cast Elastomers Market in 2017
Figure 9 India to Be the Fastest-Growing Cast Elastomers Market During the Forecast Period
Figure 10 The Growing Demand Across End-Use Industries to Drive the Cast Elastomers Market
Figure 11 Hot Cast to Be the Largest Type of the Cast Elastomers
Figure 12 APAC to Be the Fastest-Growing Cast Elastomers Market During the Forecast Period
Figure 13 APAC is the Largest Hot Cast Elastomers Market
Figure 14 India to Register the Highest CAGR Between 2018 and 2023
Figure 15 Overview of Factors Governing the Cast Elastomers Market
Figure 16 Production Volume of Automobile in APAC Countries (Million Units)
Figure 17 Average Price of Crude Oil Between 2000 to 2017 (USD/Bbl)
Figure 18 Cast Elastomers Market: Porter’s Five Forces Analysis
Figure 19 Hot Cast Elastomers to Be the Largest Type
Figure 20 APAC to Be the Largest Market of Hot Cast Elastomers
Figure 21 APAC to Be the Fastest-Growing Market of Cold Cast Elastomers
Figure 22 Industrial to Be the Largest End-Use Industry
Figure 23 APAC to Be the Largest Cast Elastomers Market in the Industrial Segment
Figure 24 APAC to Be the Largest Cast Elastomers Market in Automotive & Transportation
Figure 25 APAC to Be the Largest Cast Elastomers Market in Mining
Figure 26 North America to Be the Largest Cast Elastomers Market in Oil & Gas
Figure 27 APAC to Be the Largest Cast Elastomers Market in Other End-Use Industries
Figure 28 India to Be the Fastest-Growing Cast Elastomers Market
Figure 29 APAC: Cast Elastomers Market Snapshot
Figure 30 North America: Cast Elastomers Market Snapshot
Figure 31 Middle East & Africa: Cast Elastomers Market Snapshot
Figure 32 Companies Primarily Adopted Inorganic Growth Strategies Between 2014 and 2018
Figure 33 Covestro: Company Snapshot
Figure 34 Covestro: SWOT Analysis
Figure 35 Huntsman: Company Snapshot
Figure 36 Huntsman: SWOT Analysis
Figure 37 Lanxess: Company Snapshot
Figure 38 Lanxess: SWOT Analysis
Figure 39 Dowdupont: Company Snapshot
Figure 40 Dowdupont: SWOT Analysis
Figure 41 BASF: Company Snapshot
Figure 42 BASF: SWOT Analysis
Figure 43 Tosoh Corporation: Company Snapshot
Figure 44 Mitsui Chemicals: Company Snapshot
Figure 45 Wanhua Chemical: Company Snapshot

Note: Product cover images may vary from those shown
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  • Accella Polyurethane Systems
  • Additional Company Profiles
  • Axson Technologies
  • BASF
  • Chemline, Inc.
  • Coim Group
  • Covestro
  • Dowdupont
  • ERA Polymers
  • Everchem Specialty Chemicals
  • Herikon
  • Huntsman
  • Lanxess
  • LUC Group
  • Makro Chemical
  • Mitsui Chemicals
  • Notedome Limited
  • Perstorp
  • Polycoat Products
  • Reckli
  • Sapici S.P.A.
  • Synthesia International S.L.U.
  • Taiwan Pu Corporation
  • Tosoh Corporation
  • VCM Polyurethane Pvt. Ltd.
  • Wanhua Chemical
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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