Press release
Cast Elastomer Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the cast elastomer market report by The Business Research Company, the rise in demand for cast elastomers in various end-use industries is expected to propel the growth of the cast elastomer market in the coming years.
The global cast elastomer market size grew from $1.4 billion in 2022 to $1.5 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cast elastomer market size is expected to grow to $1.91 billion in 2027 at a CAGR of 6.2%.
Read More On The Cast Elastomer Market Report Here:
https://www.thebusinessresearchcompany.com/report/cast-elastomer-global-market-report
Major competitors in the cast elastomer market include Argonics, BASF, Chemline Incorporation, Coim Group, Covestro, DuPont, Era Polymers Pty Ltd., Huntsman International LLC, Lanxess AG, Mitsui Chemicals Inc., Notedome Limited, Synthesia Technology, The Dow Chemical Company, Tosoh Corporation, and Carlisle Polyurethane Systems.
The cast elastomer market is segmented -
• By Type: Hot Cast Elastomer, Cold Cast Elastomer
• By Distribution: Online, Offline
• By End-Use Industry: Mining, Automotive And Transportation, Industrial, Oil And Gas, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the cast elastomer market.
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Cast elastomers refer to rubber-like polymers that stretch for further than other kinds of materials and, like springs, snap back into shape when the force is released. These are the all polymers that expand with force and then return to their original shape after removing the force applied. These are used in bearings, wear strips, bumpers, shock absorbers, and slide plates.
The Table Of Content For The Cast Elastomer Market Include:
1. Executive Summary
2. Cast Elastomer Market Characteristics
3. Cast Elastomer Market Trends And Strategies
4. Cast Elastomer Market - Macro Economic Scenario
5. Cast Elastomer Market Size And Growth
……
26. Africa Cast Elastomer Market
27. Cast Elastomer Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cast Elastomer Market
29. Cast Elastomer Market Future Outlook and Potential Analysis
30. Appendix
The "Global Cast Elastomer Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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