Specialty Elastomers Market Driven by Industry Analysis, Growth, Size, Share & Prediction – 2022

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Specialty Elastomers Market Research Report
Global Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Specialty Elastomers Market Research Report
Global Forecast to 2023
Market Overview / Study Objective / Synopsis
Elastomers are the Polymers that shows
rubber-like elasticity such viscosity and
elasticity it has low Young's modulus and high
failure strain compared to other materials. Apart
from these properties, Specialty Elastomers are
resistance to chemical and high temperature they
have high tensile strength with low shrinkage and
better design flexibility. They are an
amorphous polymer existing above the glass
transition temperature, which facilitates its
considerable segmental motion. The Specialty
Elastomers are primarily used in sealants,
adhesives, and molded flexible parts of different
objects. Elastomers are used in numerous
applications and they also cover diverse segments
such as tires, automotive, medical, electronic
equipment, construction, consumer goods, and
footwear making, among others.
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Specialty Elastomers Market Research Report
Global Forecast to 2023
Top 10 Global key Players Their Strategy
The prominent players in the Global Specialty
Elastomer Market are BASF SE (Germany), The DOW
Chemical Company (U.S.), JSR Corporation (Japan),
LG Chem. (South Korea), LANXESS AG (Germany),
Zeon Corporation (Japan), KURARAY CO., LTD.
(Japan), Covestro AG (Germany), Teknor Apex
(U.S.), and Exxon Mobil Corporation (U.S.), among
others.
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Specialty Elastomers Market Research Report
Global Forecast to 2023
Segmentation Analysis
Based on basis of product, the market is
characterized into thermoplastic elastomers (TPE)
(thermoplastic olefin (TPO), thermoplastic
polyurethane (TPU), thermoplastic vulcunizate
(TPV), styrene block copolymer (SBC), and others)
and thermosetting elastomer (TSE) (styrene
butadiene rubber (SBR), butyl rubber,
polybutadiene rubber (PBR), nitrile rubber,
ethylene propylene rubber (EPM), and others).
Regional Analysis
Asia Pacific is the largest and the fastest
growing region in the Global Specialty Elastomer
Market. It accounted for over 45 share of the
global market in 2016. The region has undertaken
expansion of its infrastructural projects and
mulling to revive the footwear making industry,
which is anticipated to fuel the demand for
Specialty Elastomer in this region.
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Specialty Elastomers Market Research Report
Global Forecast to 2023