+1-888-308-5802     
News Contact Us

Cast Elastomers Market Reviewed for 2019 with Industry Outlook to 2025

Author : Rahul Varpe | Published Date : 2019-12-03 

Cast Elastomers Market size will likely propel at an increasing rate due to increasing demand in the oil & gas sector. These are elastic materials which can be stretched to a certain extend and it returns to its original shape after the force is removed. The product is widely used in the oil & gas sector to manufacture pipeline cleaning & inspection pigs, pipeline bend restrictors, pipe thread protectors, fluid separation pigs, etc.

Cast elastomers is increasingly used in the automobile industry owing to its excellent performances and durability. They are widely used in motor and transmission mounts, air filters, after market suspension parts, damper springs, tires & wheels, dunnage, rollers, bed liners, etc. Total motor vehicles produced in 2018 was around 95 million which has increased from 77 million in 2010.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4089

The cast elastomers market is categorized based on type, application and region. The two types are cold and hot cast. Hot elastomers would gain momentum in the coming years due to its properties like load bearing capacity, resilience, impact resistance, highly elastic etc. These properties make it suitable to be used in various industries like construction, medical, oil & gas, transportation, etc. Cold cast elastomers are processed & cured at room temperature and can be foamed at various molding densities. This type is easy to handle but do not possess superior features as compared to the former one.

Based on application, the cast elastomers market size is segregated into industrial, automotive and transportation, medical, oil and gas, mining, etc. The product is extensively used in the agriculture sector to manufacture wear pads, cab mounts, dampeners, protective sheeting, shock mounts, etc. They are also used 3D printing industry to manufacture 3D printing parts & tools, cutter bars, metal decorating rollers, printing rollers, etc. The sales related to 3D printing by major companies is likely to surpass USD 3 billion by 2020. Such rising trend will in turn increase the demand for 3D printing equipment’s which will in turn increase the demand for cast elastomers in the coming years. This will lead to significant growth in industrial segment.

Partial Chapter of the Table of Content:

Cast Elastomers Market, By Type, 2014-2025 (USD Million)

  • Hot cast
  • Cold cast

Cast Elastomers Market, By Application, 2014-2025 (USD Million)

  • Automotive & transportation
  • Industrial
  • Agriculture
  • Mining
  • Oil & gas
  • Others

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4089 

The five main regions are North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific is likely to portray a significant growth in the coming years due to rising demand from the region. Rapid economic development and expanding customer base have led to this rise in demand. Increasing production of automotive in this region will also spur the demand in the coming years. U.S. occupied the largest share in the North America region due to its growing oil & gas and automotive industries. Presence of major players in this region will be another growth driver for North America cast elastomers market.
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Air Compressor Market is anticipated to generate significant revenues by 2024

Published Date: 2019-12-10         Author: Rahul Varpe

Global Market Insights presents an extensive report on Air Compressor Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine... Read More

Polymer Concrete Market Trends and Growth Study Report over 2019 - 2025

Published Date: 2019-12-10         Author: Rahul Varpe

Global Market Insights presents an extensive report on Polymer Concrete Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determi... Read More

Agriculture Equipment Market 2019 – 2024 | Demand Analysis by Regional Players

Published Date: 2019-12-10         Author: Rahul Varpe

Global Market Insights presents an extensive report on Agriculture Equipment Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help de... Read More

© 2019 Fractovia. All Rights Reserved