Cold Cast Elastomers Market Segmentation Based on Upcoming Industry Trends through 2018-2027 | Key Players are Covestro AG, Huntsman International LLC, Lanxess Coprporation, etc.

The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global cold cast elastomers market size during the period until 2027. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the cold cast elastomers market during the forecast period.

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The cold cast elastomers market remains consolidated, with leading players holding over 40% share of the market. On the other hand, regional and emerging players hold 20-25% and 10-15% share of the cold cast elastomers market respectively. Leading players continue to expand their production facilities, streamline their manufacturing processes, and launch new high-performance elastomer product lines to capitalize on the growing demand for high-functioning elastomers. Some of the notable developments in the cold cast elastomers market are mentioned below:  

In order to capitalize on the growing demand for high-performance elastomers, BASF launched the Elasturan range of products, which are two-component polyurethane high-performance systems. The range of high-performance elastomers has been specifically launched for use in high-load areas of multiple industries. The Elasturan range includes six different products.
To expand its footprint in the cold cast elastomers space, Era Polymers Pty. Ltd will be opening a new manufacturing facility in North Carolina, U.S.A. The 140,000 square foot facility will be built using an investment of $9.2 million and will serve the U.S, Canadian, South American, and European markets.
In order to meet the growing demands for high-performance elastomers, Mitsui Elastomers Singapore Pte. Ltd., a subsidiary of the Mitsui Chemicals Inc., is expanding the production capacity of its manufacturing facility in Jurong Island. The expansion will add 25,000 metric tons of annual production to its current 200,000 metric tons.
Lanxess A.G. recently released its Adiprene LF monomer urethane range, which will aid in the processing and increasing productivity of cast elastomers, coatings, sealants, and adhesives while boosting industrial hygiene and increasing performance.
Albemarle launched its Ethacure curatives which are used in curing of epoxies, polyurethanes, and polyurea. According to the company, the curatives improve the product characteristics while adjusting reaction time and eliminating dust exposure.
Polyurethane continues to remain the most-widely used resin in the cold cast elastomers manufacturing, as it imparts essential properties for elastomers to be classified fit for industrial usage. With social and political pressure regarding environmental degradation on the rise, manufacturers are seeking green alternatives to conventional chemical raw materials for cold cast elastomers. 

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Ceaseless efforts of manufacturers toward development of quick and efficient manufacturing processes for elastomers have been driven by increasing demand for elastomeric components across industrial sectors. Exploring potency of Selective Laser Sintering for cold cast elastomer manufacturing, in combination with vacuum casting, has been one of the key focus areas of leading players. This can be primarily attributed to the convenience of the SLS process in time-effective production of complex shapes, devoid of the need for specific mold. Deeming efficiency of SLS combined with vacuum casting for elastomeric component manufacturing, innovative efforts of manufacturers are likely to pave lucrative avenues for growth of the cold cast elastomers market. Elastomers are polymers that are formed by the mixing of metal, wood, and other material with resins. Elastomers can stretch like rubber and then return to their original form when the force is removed. Cold cast elastomers are manufactured at room temperature, and do not require any high temperature for curing. Cold cast elastomers are used in an array of industries which include automobile, aviation, sports goods, oil and gas production, and other manufacturing verticals.

The FactMR report on the cold cast elastomers market provides valuable and actionable insights into the cold cast elastomers market. In addition to the insights, the cold cast elastomers market report features comprehensive information on the market trends that are influencing the cold cast elastomers market and will continue to impact it. An authentic and exclusive forecast of the cold cast elastomers market for the 2018-2027 period has been included in the report.

The FactMR report on cold cast elastomers market provides comprehensive information about the market in terms of the value, volume, Y-o-Y growth, and CAGR. In addition to the valuable information, the cold cast elastomers market provides authentic insights by dividing the cold cast elastomers market on the basis of processing type, geographic region, and end-use applications.

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