Elastomers Market 2015 industry outlook, review, research, trends and forecast 2019
Deerfield Beach, FL -- (SBWIRE) -- 10/28/2015 -- The Report "Global Elastomers Market Outlook (2015-2022)" has been prepared on the basis of an in-depth Elastomers Market analysis with inputs from team of industry experts. The Global Elastomers Market acounted for $22.37 billion in 2015 and is poised to reach $36 billion by 2022 at a Compound Annual Growth Rate (CAGR) of 6.1% during forecast period 2014 to 2022. It Includes Elastomers Market growth prospects along with market landscape in upcoming years. The report also covers discussion on the key vendors operating in the Elastomers Market Space.
The growing demand from automotive industry, advancement in processing industry and increasing purchasing power in the developing economies are the key drivers of the elastomers market. Among the elastomers, the thermoplastic elastomers are likely to grow due to the diverse range of its applications and increasing R&D efforts. Whereas Volatality of crude oil prices and product commoditization are hampering the market growth.
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Elastomers Market 2015 Global Trends, Market Size, Share, Price, Segmentation, Research Report and Forecast 2015-2020.
Elastomers Market is segmented by product, by application and by geography. Depending on the various products, the market is segmented into Thermo set Elastomers and Thermoplastic Elastomers. Based on applications, the market is categorized into Tire Elastomers, Automotive Component, Elastomers, Architecture, Sports Products and Medical Products. By geography, the market is segmented into North America, Europe,Asia-Pacific and Rest of the World. China accounted for one-fourth of the Elastomers market share in 2014. The Asia-Pacific region being the largest market is expected to grow at a faster rate.
The key players in the Elastomers Market include Ashland, DuPont, Goodyear Tire & Rubber Co, Japan Synthetic Rubber Co. Ltd., Kraton Polymers, Lcy Chemical Corp., Michelin, Nantong Huili Rubber Co. Ltd., Sibur and Zeon.
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The report Elastomers Market Industry provides a comprehensive analysis of the Elastomers Market.This report also includes detailed segmentation of the Elastomers Market. The leading sector, emerging sectors, along with their growth statistics have been mentioned in the report.
After a deep overview of the Elastomers Market, the report analyzes the market dynamics. This report also include the top drivers supporting market growth as well as the key restraints hampering market growth.
Additionally, the report also states the threats ass well as opportunities that companies in the market need to look out for. The most influential trends that will shape the market during the forecasting horizon are also covered in this report. Current market development trends like a partnerships, collaborations, M&As etc., have also been discussed in detail in the report.
Players in the Elastomers Market are aiming to expand their operations to emerging regions. An in-depth supply chain analysis in the report will give readers a better understanding of the Elastomers Market.
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