According to a new market research report "High Temperature Elastomers Market by Type (Fluorocarbon Elastomers, Fluorsilicone Elastomers, Perfluorocarbon Elastomers, Silicone Elastomers, and Others), by Application (Transportation, Electrical & Electronics, Healthcare, Consumer Goods, Industrial Machinery, and Others) - Global Trends & Forecast to 2019". It also explains the driving and restraining factors of the global high temperature elastomers market with an analysis of trends, opportunities, and challenges.
Browse 95 market data tables and 54 figures spread through 175 pages and in-depth TOC on “High Temperature Elastomers Market".
Early buyers will receive 10% customization on this report.
The high temperature elastomers market is projected to grow from more than $7 billion in 2014 to north of $11 billion by 2019, with a CAGR of 8.0% between 2014 and 2019.
The high temperature elastomers market is segmented by type, by application and by region. The market size of each region such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) is projected in the report. The key countries such as U.S., China, Germany and Japan are covered and their market size is forecasted along with their growth rates.
Silicone elastomers is the Largest Segment, By Type
Silicone elastomers are estimated to be the largest segment, both in terms of value as well as volume, in 2014 with a market share of more than 90% of the total high temperature elastomers market. Silicone elastomers are also projected to be the largest segment throughout the projection year till 2019. The growth in silicone elastomer market is expected to be well above the growth rate of high temperature elastomer market.
Asia-Pacific is the Largest Consumer of High Temperature Elastomers
Asia-Pacific is the largest consumer of HTEs globally, holding more than 40% share of the global high temperature elastomers market in 2014 and is projected to grow at a CAGR well above the global average.
High Temperature Elastomers Market, By Applications
The high temperature elastomers market is segmented into five major application segments; they are transportation, electrical & electronics, healthcare, consumer goods, industrial machinery, and others. The demand for transportation application segment accounted for the largest share in 2014, Asia-Pacific is estimated to be the largest region for transportation application segment in 2014.
Leading companies such as Dow Corning Corporation (US), Wacker Chemie A.G. (Germany), Momentive Performance Materials Inc. (US), Solvay S.A. (Belgium), and E.I. du Pont de Nemours and Company (US) are focusing on development of new HTEs products through research and innovation, in order to expand their customer base.
MarketsandMarkets (marketsandmarkets.com) is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform,"RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.