A research study on the worldwide Cast Elastomers market has been released by Emergen Research to provide in-depth analysis of both established and developing market trends as well as significant industry advancements. In-depth information regarding market size, revenue growth, drivers, restraints, potential prospects, and challenges is included in the study. Additionally, the study offers details on many segments, including top firms, product kinds, applications, and regional division. The study is well-presented utilising a variety of pictorial presentations, including tables, graphs, charts, and figures. It is curated using primary and secondary research that has been carefully reviewed by industry specialists.

The global cast elastomers market is projected to be valued at USD 1,842.2 Million by 2027, according to a current analysis by Emergen Research. Cast elastomers are witnessing high demand from the automotive industry. Cast elastomers are deployed in some of the most demanding industries, such as the automotive industry. Cast elastomers (for example, polyurethanes) have considerable load-bearing capacity, abrasion resistance, impact strength, elasticity, and exceptional resistance to lubricants such as oil and grease. In the automobile production, cast elastomers are frequently used in those parts and components that need to resist the effects of stretching, sliding, torsional forces, wear and tear, load-bearing, compression, and aging. Components produced from cast elastomers include motor and transmission mounts, damper springs, suspension pads, drive belts, filters, dunnage, tires, wheels fill, sprockets, and gears.

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Global Cast Elastomers Market Highlights:

• Regional demand estimation and forecast
• Product Mix Matrix
• R&D Analysis
• Cost-Benefit Analysis
• Pre-commodity pricing volatility
• Supply chain optimization analysis
• Technological updates analysis
• Raw Material Sourcing Strategy
• Competitive Analysis
• Mergers & Acquisitions
• Location Quotients Analysis
• Carbon Footprint Analysis
• Patent Analysis
• Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Cast Elastomers market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Cast Elastomers market and pinpoint the fundamental growth trends.  

Key Parameters Analyzed in This Section:

• Company Profiles
• Gross Revenue
• Profit margins
• Product sales trends
• Product pricing
• Industry Analysis
• Sales & distribution channels

Regional Segmentation:

• North America
• Latin America
• Europe
• Middle East & Africa
• Asia Pacific

Key Points Covered in This Section:

• Regional contribution
• Estimated revenue generation
• Vital data and information about the consumption rate in all the leading regional segments
• An expected rise in market share
• Forecast growth in the overall consumption rate 

Key Companies Profiled in the Report are:

Huntsman Corporation, BASF SE, Era Polymers, Lanxess AG, Wanhua Chemical Group, Covestro AG, Coim Group, DowDuPont, Mitsui Chemicals, Chemline Inc.

Segments Covered in this report are:

• Product Type Outlook (Revenue, USD Million; 2017–2027)

  • Cold Cast Elastomers
  • Hot Cast Elastomers

• Distribution Channel Outlook (Revenue, USD Million; 2017–2027)

  • Online
  • Offline

• Application Outlook (Revenue, USD Million; 2017–2027)

  • Automotive & Transportation
  • Oil & Gas
  • Mining
  • Agriculture
  • Industrial
  • Sports & Leisure
  • Others

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Key Highlights of Report

• In December 2020, Huntsman Corporation made an announcement about the signing of a partnership contract with Lintech International LLC for distribution of DALTOCAST, a polyurethane-based hot cast elastomer system
• Hot cast elastomers are widely employed in several end-user industries, especially the mining industry, as pipe linings, separating screens, idler rolls, conveyor scrapers, and several components and parts in the flotation process. In other end-user industries, hot cast elastomers are used in the manufacture of wheels, rollers, and tires.
• The cast urethane process is employed to produce customized molded products that comply with accurate component specifications in various industries that require high-quality tailor-made molded elastomer products such as agriculture, automotive, and oil & gas. Besides, these products possess high wear and tear resistance than metal products that develop cracks and corrode during industrial usage.
• The cast elastomers market in North America, led by the U.S., witnessed substantial growth in 2019, due to growth of automotive and oil & gas industries in the region. Also, presence of leading market players in North America boosts the market in the region.

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