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Global Cast Elastomers Market Analysis: Demand For Cast Elastomers In Various End-Use Industries Will Boost The Growth Of The Market In The Forecast Period 2022-2031
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The global cast elastomers market report by the business research company identifies the rise in demand for cast elastomers in various end-use industries to be a major growth driver for the cast elastomers market. Cast elastomers are utilized in a variety of applications in the industrial sector, including seals and gaskets, forklift wheels, coupling elements, conveyor belts, and more. These materials are then employed in a variety of sectors, including construction, heavy industry, paper, and so on. For instance, in 2020, Pacific Urethanes, an Australia-based company that specializes in the development and production of polyurethane systems developed UrePac Spraycast elastomers, which are operated through a dual-component spray machine.
The global cast elastomer market is expected to grow from $1.26 billion in 2021 to $1.37 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The cast elastomers market is expected to reach 1.68 billion in 2026 at a CAGR of 5.2%
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North America was the largest region in the cast elastomer market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cast elastomer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the cast elastomer market are Argonics, BASF, Chemline Incorporation, Coim Group, Covestro, DuPont, Era Polymers Pty Ltd, Huntsman International LLC, Lanxess AG.
The global cast elastomers market is segmented -
1) By Type: Hot Cast Elastomer, Cold Cast Elastomer
2) By Distribution: Online, Offline
3) By End-Use Industry: Mining, Automotive And Transportation, Industrial, Oil And Gas, Others
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The Cast Elastomers Market Report Contents Include
1. Executive Summary
2. Cast Elastomers Market Characteristics
3. Cast Elastomers Market Trends And Strategies
4. Cast Elastomers Market - Macro Economic Scenario
5. Cast Elastomers Market Size And Growth
....
27. Cast Elastomers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cast Elastomers Market
29. Cast Elastomers Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the cast elastomers market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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