Aug 24, 2017   SOURCE: BusinessWire

$16.75 Billion Performance Elastomers (Nitrile-Based Elastomers, Silicone Elastomers, and Fluoroelastomers) Market 2017 - Global Forecast to 2022 - Research and Markets

The "Performance Elastomers Market by Type, End-Use Industry, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The growing demand for performance elastomers in the automotive and transportation industry is a key factor fueling the growth of the performance elastomers market

The global performance elastomers market is estimated to reach USD 16.75 billion by 2022, at a CAGR of 7.5% from 2017 to 2022

The rapid growth of the automotive and transportation industry, coupled with the technological advancements in it, is the key factor driving the demand for performance elastomers.

Moreover, increasing disposable income of the people and the superior properties of performance elastomers than standard elastomers, such as heat resistance, weathering and ozone resistance, flexibility, durability, aging resistance, huge variety, chemical resistance, and oil & gas resistance, are driving the demand for performance elastomers market.

However, high manufacturing costs and a price-sensitive market are the key challenges faced by the manufacturers of performance elastomers.

Market Dynamics

Drivers

  • Increasing Demand in Automotive & Transportation Industry
  • Superior Properties Than Standard Elastomers
  • Increasing Purchasing Power of Consumers

Opportunities

  • Development of Eco-Friendly High Performance Elastomers
  • Development of New Grades of High Performance Elastomers

Challenges

  • High Production and Switching Costs

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Performance Elastomers Market, By Type

7 High Performance Elastomers, By End-Use Industry

8 Performance Elastomers Market, By Region

9 Competitive Landscape

10 Company Profiles

  • 3M Company
  • Arlanxeo
  • Asahi Glass Co. Ltd.
  • Daikin Industries Ltd.
  • DOW Corning Corporation
  • E. I. Du Pont De Nemours and Company
  • Exxon Mobil Corporation
  • Flexan LLC
  • James Walker
  • JSR Corporation
  • Kaco GmbH + Co. Kg
  • Kraiburg TPE GmbH & Co. Kg
  • Mitsui Chemicals Inc.
  • Momentive Performance Materials Inc.
  • Polycomp
  • Precision Polymer Engineering Ltd.
  • Reiss Manufacturing Inc.
  • Shin-Etsu Chemical Co. Ltd.
  • Showa Denko K.K.
  • Solvay S.A.
  • The Chemours Company
  • The DOW Chemical Company
  • Tosoh Corporation
  • Wacker Chemie Ag
  • Zeon Chemicals L.P.

For more information about this report visit https://www.researchandmarkets.com/research/5mrfwb/performance