Elastomers Market - Forecast(2021 - 2026)

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Elastomers Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Elastomers Market size is forecast to reach
  78,699.56 million by 2025, after growing at a
  CAGR of 5.33 during 2020-2025.
• Elastomers, due to their extensive properties,
  such as high thermal stability, greater chemical
  resistance, high tensile strength, low shrinkage,
  and greater design flexibility, are used in a
  wide range of applications, in various industries
  including automotive, medical, consumer goods,
  industrial, and others.

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Key Takeaways

• Asia-Pacific dominates the global elastomers
  market, owing to increasing automotive production
  in the region. According to OICA, the production
  of light commercial vehicles has increased by
  10.2 in 2018 in the APAC region. 
• Elastomers demand in consumer goods market is
  increasing continuously owning to its excellent
  physical properties, such as high flexibility,
  low weight, good printability, enormously robust,
  excellent temperature resistance, high surface
  quality, high impact strength, and so on.
• Therefore, elastomers are used in wide range of
  applications in consumer goods, which includes
  closures, toys, kitchenware, food containers,
  handles, cosmetic packaging, lids, furniture,
  sporting goods, and household goods.  

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By Distribution Channel- Segment Analysis The
thermoset elastomer segment held the largest
share in the elastomers market in 2019. Thermoset
Elastomer offers high thermal stability,
well-defined microphase-separated morphology,
superior and tunable mechanical strength, and
controlled hydrolytic degradability were
systematically investigated, when compared to
those of the triblock prepolymers.
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• Elastomers Market Industry Outlook 
• BASF SE,
• JSR Corporation,
• Zeon Corporation,
• Celanese Corporation,
• PJSC Nizhnekamskneftekhim,
• E.I. DuPont De Nemours and Company,
• Wanhua Chemical Group Co.,
• Ltd and
• Lanxess AG,

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Elastomers Market - Forecast(2021 - 2026) Learn
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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