Cast Elastomer Market by Type (Hot Cast Elastomer, Cold Cast elastomer), End-use industry (Oil & Gas, Industrial, Automotive & Transportation, Mining), & Region(Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028

Abstract
The cast elastomer market is USD 1.4 billion for the year 2023 and is projected to reach USD 1.8 billion in 2028 at a CAGR of 5.0% during the forecast period. Cast elastomers offer durability, excellent performance in harsh conditions, and resistance to chemicals and abrasion. They contribute to cost savings through extended equipment lifespan and reduced maintenance and replacement costs. Their customization capabilities and engineering properties make them suitable for diverse industrial requirements. Cast elastomers provide equipment protection, improve safety, and offer vibration dampening properties

Cast elastomers find various applications in the automotive and transportation industry due to their unique properties and performance characteristics. Cast elastomers are used in the manufacturing of suspension components such as bushings, mounts, and shock absorber seals. They provide excellent vibration dampening, impact resistance, and durability, contributing to improved ride comfort and vehicle handling. Cast elastomers are utilized for sealing applications in the automotive industry. They provide effective sealing solutions for engine components, including valve covers, oil pans, and timing covers.

Cast elastomer gaskets offer superior resistance to oils, fuels, and other fluids, ensuring reliable and leak-free performance. Cast elastomers are employed in body seals and weatherstrips to ensure proper sealing between vehicle body panels, doors, windows, and other openings. They offer flexibility, weather resistance, and sealing properties, preventing water, dust, and noise intrusion into the vehicle cabin. Cast elastomers are employed in automotive seating systems to enhance comfort and durability. They provide cushioning, impact resistance, and flexibility, ensuring comfortable seating for occupants.

“Hot cast elastomer is expected to be the fastest growing type for cast elastomer in the market during the forecast period, in terms of value.”

Hot cast elastomers offer a high level of customization and versatility in terms of their properties, hardness, and performance characteristics. Manufacturers can tailor hot cast elastomers to meet specific application requirements, allowing for a wide range of potential uses in various industries. Hot cast elastomers often exhibit improved physical properties compared to other types of elastomers. They can have higher tear resistance, tensile strength, and elongation, making them suitable for demanding applications where durability and performance are crucial..

The hot casting process for elastomers allows for efficient and cost-effective production. It enables the molding of complex shapes and the creation of large parts, reducing the need for assembly or joining multiple pieces. This efficiency in processing can contribute to the growth and adoption of hot cast elastomers. Hot cast elastomers may have experienced growth due to increased demand in specific industries. For example, industries such as oil and gas, mining, and construction often require elastomers that can withstand harsh environments and provide excellent abrasion resistance. Hot cast elastomers' properties make them suitable for these demanding applications, leading to increased usage and market growth.

“Based on region, Asia Pacific was the largest market for cast elastomer in 2023, in terms of value.”

The Asia-Pacific region, notably countries like China, India, and Southeast Asian nations, has witnessed substantial industrialization and economic growth in recent years. This progress has resulted in heightened demand for cast elastomers across multiple industries, including automotive, manufacturing, construction, and electronics. The Asia-Pacific region has witnessed remarkable growth in the automotive industry. Cast elastomers are extensively employed in various automotive applications, including suspension components, bushings, seals, gaskets, and engine mounts. The increasing demand for automobiles in the region propels the need for cast elastomers. Many countries in the Asia-Pacific region are heavily investing in infrastructure development, encompassing transportation, energy, and construction projects.

Cast elastomers are widely utilized in infrastructure projects for applications like bridge bearings, expansion joints, pipeline coatings, and vibration dampening. The ongoing development of infrastructure activities contributes to the demand for cast elastomers in the region. The Asia-Pacific region provides a favorable manufacturing environment characterized by factors such as lower labor costs, availability of raw materials, and supportive government policies. These aspects encourage manufacturers to establish production facilities in the region, thereby driving the demand for cast elastomers.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted.

A breakdown of the profiles of the primary interviewees are as follows:
•By Company Type: Tier 1 - 45%, Tier 2 - 25%, and Tier 3 - 30%
•By Designation: C-Level - 25%, Director Level - 15%, and Others - 60%
•By Region: North America - 20%, Europe - 25%, Asia Pacific - 35%, Middle East & Africa-10%, and South America-10%

The key players in this market are BASF (Germany), Dow (US), Huntsman Corporation (US), Covestro AG (Germany), Lanxess (Germany), Era Polymers (Australia), Mitsui Chemicals, Inc. (Japan), Notedome Ltd. (England), TOSOH Corporation (Japan), Wanhua Chemical Group Co., Ltd. (China).

Research Coverage
This report segments the market for cast elastomer market on the basis of type, end-use industry and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the cast elastomer market.

Key benefits of buying this report
This research report is focused on various levels of analysis of key drivers (increasing demand for high value end-use inustries, superior advantage over conveentional materials and increasing manufacturing activities in emerging economies) , industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the cast elastomer market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
•Analysis of Key drivers (increasing demand for high value end-use inustries, superior advantage over conveentional materials and increasing manufacturing activities in emerging economies),restraints (hazardous impact on environment and human health), oppertunities (continous technological advancement) and challenges (compliance with stringent reguations and standards and fluctuating raw material prices).
•Market Penetration: Comprehensive information on cast elastomer market offered by top players in the global cast elastomer market.
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the cast elastomer market.
•Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the cast elastomer market across regions.
•Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global cast elastomer market.
•Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the cast elastomer market.

Content
Table of Contents

1INTRODUCTION28
1.1STUDY OBJECTIVES28
1.2MARKET DEFINITION28
1.3INCLUSIONS AND EXCLUSIONS28
1.4STUDY SCOPE29
FIGURE 1CAST ELASTOMER MARKET SEGMENTATION29
1.4.1REGIONS COVERED29
1.4.2YEARS CONSIDERED30
1.5CURRENCY CONSIDERED30
1.6LIMITATIONS30
1.7UNITS CONSIDERED30
1.8STAKEHOLDERS31
1.9SUMMARY OF CHANGES31
2RESEARCH METHODOLOGY32
2.1RESEARCH DATA32
FIGURE 2CAST ELASTOMER MARKET: RESEARCH DESIGN32
2.1.1SECONDARY DATA33
2.1.2PRIMARY DATA33
2.1.2.1Key data from primary sources33
2.1.2.2Breakdown of primary sources33
2.1.2.3Key industry insights34
2.2BASE NUMBER CALCULATION34
2.2.1APPROACH 1: SUPPLY-SIDE ANALYSIS34
2.2.2APPROACH 2: DEMAND-SIDE APPROACH35
2.3FORECAST NUMBER CALCULATION35
2.3.1SUPPLY SIDE35
2.3.2DEMAND SIDE35
2.4MARKET SIZE ESTIMATION35
2.4.1BOTTOM-UP APPROACH36
2.4.2TOP-DOWN APPROACH36
2.5DATA TRIANGULATION37
FIGURE 3CAST ELASTOMER MARKET: DATA TRIANGULATION37
2.6ASSUMPTIONS38
3EXECUTIVE SUMMARY39
FIGURE 4HOT CAST ELASTOMERS BY TYPE TO DOMINATE CAST ELASTOMER MARKET THROUGHOUT FORECAST PERIOD (USD MILLION)40
FIGURE 5INDUSTRIAL SECTOR BY END-USE INDUSTRY TO DOMINATE CAST ELASTOMER MARKET THROUGHOUT FORECAST PERIOD (USD MILLION)41
FIGURE 6ASIA PACIFIC DOMINATED CAST ELASTOMER MARKET IN 202342
4PREMIUM INSIGHTS43
4.1SIGNIFICANT OPPORTUNITIES IN CAST ELASTOMER MARKET43
FIGURE 7INCREASING DEMAND FROM END-USE INDUSTRY DRIVING DEMAND FOR CAST ELASTOMER43
4.2CAST ELASTOMER MARKET, BY REGION43
FIGURE 8ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF CAST ELASTOMER MARKET IN 202343
4.3CAST ELASTOMER MARKET, BY TYPE44
FIGURE 9HOT CAST ELASTOMER TO ACCOUNT FOR FASTEST GROWING TYPE THROUGHOUT FORECAST PERIOD44
4.4CAST ELASTOMER MARKET, BY END-USE INDUSTRY44
FIGURE 10AUTOMOTIVE & TRANSPORTATION TO ACCOUNT FOR FASTEST GROWING END-USE INDUSTRY THROUGHOUT FORECAST PERIOD.44
5MARKET OVERVIEW45
5.1INTRODUCTION45
5.2MARKET DYNAMICS45
FIGURE 11DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CAST ELASTOMER MARKET45
5.2.1DRIVERS46
5.2.1.1Increasing demand for high-value end-use industries46
5.2.1.2Superior advantage over conventional material46
5.2.1.3Increasing manufacturing activities in emerging economies47
5.2.2RESTRAINTS47
5.2.2.1Hazardous impact on environment and human health47
5.2.3OPPORTUNITIES48
5.2.3.1Continuous technological advancements48
5.2.4CHALLENGES48
5.2.4.1Compliance with stringent regulations and standards48
5.2.4.2Fluctuating raw material prices49
6INDUSTRY TRENDS50
6.1INTRODUCTION50
6.2VALUE CHAIN ANALYSIS50
FIGURE 12VALUE CHAIN ANALYSIS50
6.2.1RAW MATERIAL SUPPLIERS50
6.2.2CAST ELASTOMER MANUFACTURERS51
6.2.3DISTRIBUTORS51
6.2.4COMPONENT MANUFACTURERS51
6.2.5END-USE INDUSTRIES51
6.3PORTER’S FIVE FORCES ANALYSIS52
TABLE 1PORTERS FIVE FORCES IMPACT ON CAST ELASTOMER MARKET52
FIGURE 13CAST ELASTOMER MARKET: PORTER’S FIVE FORCES ANALYSIS52
6.3.1THREAT OF NEW ENTRANTS53
6.3.2THREAT OF SUBSTITUTES53
6.3.3BARGAINING POWER OF SUPPLIERS53
6.3.4BARGAINING POWER OF BUYERS54
6.3.5INTENSITY OF COMPETITIVE RIVALRY54
6.4MACROECONOMIC OVERVIEW AND KEY TRENDS54
6.4.1TRENDS AND FORECAST OF GDP54
6.5PATENT ANALYSIS55
6.5.1INTRODUCTION55
6.5.2METHODOLOGY55
6.5.3DOCUMENT TYPE55
TABLE 3GRANTED PATENTS ACCOUNT FOR 39.5% OF TOTAL COUNT IN LAST 10 YEARS55
6.5.3.1Publication trends over last ten years56
FIGURE 14NUMBER OF PATENTS GRANTED IN EACH YEAR OVER LAST 10 YEARS56
6.5.4INSIGHTS56
6.5.5LEGAL STATUS OF PATENTS56
6.5.6JURISDICTION ANALYSIS57
FIGURE 15REGIONAL ANALYSIS OF PATENT GRANTED FOR CAST ELASTOMER MARKET, 202357
6.5.7TOP COMPANIES/APPLICANTS57
FIGURE 16TOP TEN COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST TEN YEARS57
TABLE 4LIST OF MAJOR PATENTS FOR CAST ELASTOMER58
6.5.8LIST OF MAJOR PATENTS59
TABLE 5MAJOR PATENTS FOR CAST ELASTOMER59
7CAST ELASTOMER MARKET, BY TYPE63
7.1INTRODUCTION64
FIGURE 17HOT CAST ELASTOMER SEGMENT TO LEAD CAST ELASTOMER MARKET THROUGHOUT FORECAST PERIOD64
TABLE 6CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (USD MILLION)64
TABLE 7CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (USD MILLION)65
TABLE 8CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (KILOTONS)65
TABLE 9CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (KILOTONS)65
7.2HOT CAST ELASTOMER65
7.2.1ADOPTING HOT CAST ELASTOMER TO REDUCE CURING TIME65
7.3COLD CAST ELASTOMER66
7.3.1IMPLEMENTATION OF COLD CAST ELASTOMERS TO PRODUCE FLEXIBLE AND DURABLE MATERIALS66
 
8CAST ELASTOMER MARKET, BY APPLICATION67
8.1INTRODUCTION68
FIGURE 18INDUSTRIAL SECTOR TO LEAD CAST ELASTOMER MARKET DURING FORECAST PERIOD68
TABLE 10CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)68
TABLE 11CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)69
8.2INDUSTRIAL69
8.2.1LEADING CONSUMER OF CAST ELASTOMERS69
8.3AUTOMOTIVE & TRANSPORTATION70
8.3.1MANUFACTURING OF LIGHTWEIGHT VEHICLES TO BOOST DEMAND FOR CAST ELASTOMERS70
8.4MINING70
8.4.1RISING NEED OF CAST ELASTOMERS IN MINING FACILITIES TO PROTECT CONVEYOR SYSTEMS TO DRIVE MARKET70
8.5OIL & GAS71
8.5.1BOOMING OIL & GAS SECTOR TO PRESENT OPPORTUNITIES TO PROVIDERS OF CAST ELASTOMERS71
8.6OTHERS71
9CAST ELASTOMER MARKET, BY REGION72
9.1INTRODUCTION73
FIGURE 19ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD73
TABLE 12CAST ELASTOMER MARKET, BY REGION, 2019–2022 (USD MILLION)73
TABLE 13CAST ELASTOMER MARKET, BY REGION, 2023–2028 (USD MILLION)74
TABLE 14CAST ELASTOMER MARKET, BY REGION, 2019–2022 (KILOTONS)74
TABLE 15CAST ELASTOMER MARKET, BY REGION, 2023–2028 (KILOTONS)74
9.2ASIA PACIFIC75
FIGURE 20ASIA PACIFIC: CAST ELASTOMER MARKET SNAPSHOT75
9.2.1RECESSION IMPACT76
TABLE 16SIA PACIFIC: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)76
TABLE 17ASIA PACIFIC: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)76
TABLE 18ASIA PACIFIC: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (KILOTONS)76
TABLE 19ASIA PACIFIC: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (KILOTONS)77
TABLE 20ASIA PACIFIC: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (USD MILLION)77
TABLE 21ASIA PACIFIC: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (USD MILLION)77
TABLE 22ASIA PACIFIC: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (KILOTONS)77
TABLE 23ASIA PACIFIC: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (KILOTONS)78
TABLE 24ASIA PACIFIC: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)78
TABLE 25ASIA PACIFIC: CAST ELASTOMER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)78
9.2.2CHINA79
9.2.2.1Rise of automotive sector to boost demand for cast elastomer79
TABLE 26CHINA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)79
TABLE 27CHINA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)80
9.2.3JAPAN80
9.2.3.1Advanced manufacturing techniques to create demand for cast elastomer80
TABLE 28JAPAN: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)80
TABLE 29JAPAN: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)81
9.2.4INDIA81
9.2.4.1Rapid industrial growth to boost adoption of cast elastomer81
TABLE 30INDIA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)82
TABLE 31INDIA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)82
9.2.5SOUTH KOREA82
9.2.5.1Government initiatives to support demand for cast elastomer in industrial activities82
TABLE 32SOUTH KOREA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)83
TABLE 33SOUTH KOREA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)83
9.2.6REST OF ASIA PACIFIC84
TABLE 34REST OF ASIA PACIFIC: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)84
TABLE 35REST OF ASIA PACIFIC: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)84
9.3EUROPE85
FIGURE 21EUROPE: CAST ELASTOMER MARKET SNAPSHOT85
9.3.1RECESSION IMPACT86
TABLE 36EUROPE: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)86
TABLE 37EUROPE: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)86
TABLE 38EUROPE: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (KILOTONS)87
TABLE 39EUROPE: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (KILOTONS)87
TABLE 40EUROPE: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (USD MILLION)87
TABLE 41EUROPE: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (USD MILLION)88
TABLE 42EUROPE: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (KILOTONS)88
TABLE 43EUROPE: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (KILOTONS)88
TABLE 44EUROPE: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)88
TABLE 45EUROPE: CAST ELASTOMER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)89
9.3.2GERMANY89
9.3.2.1Major automotive and renewable energy industries to drive demand for cast elastomers in Germany89
TABLE 46GERMANY: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)89
TABLE 47GERMANY: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)90
9.3.3FRANCE90
9.3.3.1Automotive and transportation sectors to contribute significantly to market growth90
TABLE 48FRANCE: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)90
TABLE 49FRANCE: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)91
9.3.4ITALY91
9.3.4.1Transition toward sustainable energy mix to create opportunities for cast elastomer manufacturers91
TABLE 50ITALY: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)92
TABLE 51ITALY: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)92
9.3.5UK92
9.3.5.1Technological advancement to exhibit growing demand for cast elastomer92
TABLE 52UK: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)93
TABLE 53UK: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)93
9.3.6SPAIN93
9.3.6.1Government support in expansion of renewable energy to boost demand for cast elastomer93
TABLE 54SPAIN: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)94
TABLE 55SPAIN: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)94
9.3.7RUSSIA94
9.3.7.1Industrial development to boost demand for cast elastomers94
TABLE 56RUSSIA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)95
TABLE 57RUSSIA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)95
 
9.3.8TURKEY95
9.3.8.1Large automotive industry players to increase demand for cast elastomers95
TABLE 58TURKEY: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)96
TABLE 59TURKEY: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)96
9.3.9REST OF EUROPE96
TABLE 60REST OF EUROPE: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)96
TABLE 61REST OF EUROPE: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)97
9.4NORTH AMERICA97
FIGURE 22NORTH AMERICA: CAST ELASTOMER MARKET SNAPSHOT98
9.4.1RECESSION IMPACT98
TABLE 62NORTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)98
TABLE 63NORTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)99
TABLE 64NORTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (KILOTONS)99
TABLE 65NORTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (KILOTONS)99
TABLE 66NORTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (USD MILLION)99
TABLE 67NORTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (USD MILLION)100
TABLE 68NORTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (KILOTONS)100
TABLE 69NORTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (KILOTONS)100
TABLE 70NORTH AMERICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)100
TABLE 71NORTH AMERICA: CAST ELASTOMER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)101
9.4.2US101
9.4.2.1Rapid growth of end-use industries to drive demand for cast elastomers101
TABLE 72US: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)101
TABLE 73US: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)102
9.4.3CANADA102
9.4.3.1Diverse industrial sectors to fuel consumption of cast elastomers102
TABLE 74CANADA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)102
TABLE 75CANADA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)103
9.4.4MEXICO103
9.4.4.1Growing automotive OEM manufacturing to support growth of cast elastomer market103
TABLE 76MEXICO: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)104
TABLE 77MEXICO: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)104
9.5SOUTH AMERICA104
FIGURE 23SOUTH AMERICA: CAST ELASTOMER MARKET SNAPSHOT105
9.5.1RECESSION IMPACT105
TABLE 78SOUTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)105
TABLE 79SOUTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)106
TABLE 80SOUTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (KILOTONS)106
TABLE 81SOUTH AMERICA: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (KILOTONS)106
TABLE 82SOUTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (USD MILLION)106
TABLE 83SOUTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (USD MILLION)107
TABLE 84SOUTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (KILOTONS)107
TABLE 85SOUTH AMERICA: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (KILOTONS)107
TABLE 86SOUTH AMERICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)107
TABLE 87SOUTH AMERICA: CAST ELASTOMER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)108
9.5.2BRAZIL108
9.5.2.1Rising energy sector and mining industry to fuel growing demand for cast elastomers108
TABLE 88BRAZIL: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)108
TABLE 89BRAZIL: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)109
9.5.3ARGENTINA109
9.5.3.1Growing renewable energy industry to boost demand for cast elastomers109
TABLE 90ARGENTINA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)109
TABLE 91ARGENTINA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)110
9.5.4REST OF SOUTH AMERICA110
TABLE 92REST OF SOUTH AMERICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)110
TABLE 93REST OF SOUTH AMERICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)111
9.6MIDDLE EAST AND AFRICA111
FIGURE 24MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET SNAPSHOT112
9.6.1RECESSION IMPACT112
TABLE 94MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)113
TABLE 95MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)113
TABLE 96MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY COUNTRY, 2019–2022 (KILOTONS)113
TABLE 97MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY COUNTRY, 2023–2028 (KILOTONS)114
TABLE 98MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (USD MILLION)114
TABLE 99MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (USD MILLION)114
TABLE 100MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY TYPE, 2019–2022 (KILOTONS)114
TABLE 101MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY TYPE, 2023–2028 (KILOTONS)115
TABLE 102MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)115
TABLE 103MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)115
9.6.2SAUDI ARABIA116
9.6.2.1Oil & gas contributes to significant rise in demand for cast elastomers116
TABLE 104SAUDI ARABIA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)116
TABLE 105SAUDI ARABIA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)116
9.6.3SOUTH AFRICA117
9.6.3.1Growth in manufacturing industry to drive demand for cast elastomers117
TABLE 106SOUTH AFRICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)117
TABLE 107SOUTH AFRICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)118
9.6.4IRAN118
9.6.4.1Rising petrochemical industry to boost adoption of cast elastomer118
TABLE 108IRAN: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)118
TABLE 109IRAN: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)119
9.6.5REST OF MIDDLE EAST & AFRICA119
TABLE 110REST OF MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)119
TABLE 111REST OF MIDDLE EAST & AFRICA: CAST ELASTOMER MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)120
10COMPETITIVE LANDSCAPE121
10.1INTRODUCTION121
10.2STRATEGIES ADOPTED BY KEY PLAYERS121
TABLE 112OVERVIEW OF STRATEGIES ADOPTED BY KEY CAST ELASTOMER MANUFACTURERS121
10.3MARKET SHARE ANALYSIS123
10.3.1RANKING OF KEY MARKET PLAYERS, 2022123
FIGURE 25RANKING OF TOP 5 PLAYERS IN CAST ELASTOMER MARKET, 2022123
10.3.2MARKET SHARE OF KEY PLAYERS123
TABLE 113CAST ELASTOMER: DEGREE OF COMPETITION124
FIGURE 26CAST ELASTOMER MARKET: SHARE OF KEY PLAYERS124
10.4COMPANY FOOTPRINT ANALYSIS125
TABLE 114COMPANY FOOTPRINT: APPLICATION125
TABLE 115COMPANY FOOTPRINT: TYPE126
TABLE 116COMPANY FOOTPRINT: REGION126
10.5COMPANY EVALUATION MATRIX127
10.5.1STARS127
10.5.2EMERGING LEADERS127
10.5.3PERVASIVE PLAYERS127
10.5.4PARTICIPANTS127
FIGURE 27CAST ELASTOMER MARKET (GLOBAL): COMPETITIVE EVALUATION MATRIX, 2022128
10.6COMPETITIVE BENCHMARKING129
TABLE 117CAST ELASTOMER SEPARATORS MARKET: DETAILED LIST OF KEY START-UPS/SMES129
TABLE 118CAST ELASTOMER MARKET: SME PLAYERS APPLICATION FOOTPRINT130
TABLE 119CAST ELASTOMER MARKET: SME PLAYERS TYPE FOOTPRINT131
TABLE 120CAST ELASTOMER MARKET: SME PLAYERS REGION FOOTPRINT132
10.7START-UP/SME EVALUATION MATRIX133
10.7.1RESPONSIVE COMPANIES133
10.7.2STARTING BLOCKS133
10.7.3PROGRESSIVE COMPANIES133
10.7.4DYNAMIC COMPANIES133
FIGURE 28CAST ELASTOMER MARKET: START-UPS/SMES EVALUATION MATRIX134
10.8COMPETITIVE SITUATIONS AND TRENDS134
10.8.1NEW PRODUCT LAUNCHES134
TABLE 121CAST ELASTOMER MARKET: NEW PRODUCT LAUNCHES (2020–2023)134
10.8.2DEALS135
TABLE 122CAST ELASTOMER MARKET: DEALS (2017–2023)135
10.8.3OTHER DEVELOPMENTS136
TABLE 123CAST ELASTOMER MARKET: OTHER DEVELOPMENTS (2016–2023)136
11COMPANY PROFILES138
(Business Overview, Products/Solutions/Services offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices, Weakness and competitive threats) *
11.1KEY PLAYERS138
11.1.1BASF138
TABLE 124BASF: COMPANY OVERVIEW138
FIGURE 29BASF: COMPANY SNAPSHOT139
TABLE 125BASF: PRODUCT OFFERINGS139
TABLE 126BASF: OTHER140
11.1.2DOW141
TABLE 127DOW: COMPANY OVERVIEW141
FIGURE 30DOW: COMPANY SNAPSHOT142
TABLE 128DOW: PRODUCT OFFERINGS142
TABLE 129DOW: DEALS143
TABLE 130DOW: OTHER143
11.1.3HUNTSMAN CORPORATION145
TABLE 131HUNTSMAN CORPORATION: COMPANY OVERVIEW145
FIGURE 31HUNTSMAN CORPORATION: COMPANY SNAPSHOT146
TABLE 132HUNTSMAN CORPORATION: PRODUCT OFFERINGS146
TABLE 133HUNTSMAN CORPORATION: DEALS147
TABLE 134HUNTSMAN CORPORATION: OTHER DEVELOPMENTS147
11.1.4COVESTRO AG149
TABLE 135COVESTRO AG: COMPANY OVERVIEW149
FIGURE 32COVESTRO AG: COMPANY SNAPSHOT150
TABLE 136COVESTRO AG: PRODUCT OFFERINGS150
TABLE 137COVESTRO AG: PRODUCT LAUNCH151
11.1.5LANXESS152
TABLE 138LANXESS: COMPANY OVERVIEW152
FIGURE 33LANXESS: COMPANY SNAPSHOT153
TABLE 139LANXESS: PRODUCT OFFERINGS153
TABLE 140LANXESS: PRODUCT LAUNCH154
TABLE 141LANXESS: DEALS154
TABLE 142LANXESS: OTHER DEVELOPMENTS154
11.1.6ERA POLYMERS156
TABLE 143ERA POLYMERS: COMPANY OVERVIEW156
TABLE 144ERA POLYMERS: PRODUCT OFFERINGS156
11.1.7MITSUI CHEMICALS, INC.158
TABLE 145MITSUI CHEMICALS, INC.: COMPANY OVERVIEW158
FIGURE 34MITSUI CHEMICALS, INC.: COMPANY SNAPSHOT158
TABLE 146MITSUI CHEMICALS INC.: PRODUCT OFFERINGS159
TABLE 147MITSUI CHEMICALS, INC.: DEALS159
TABLE 148MITSUI CHEMICALS, INC.: OTHER159
11.1.8NOTEDOME LTD.161
TABLE 149NOTEDOME LTD.: COMPANY OVERVIEW161
FIGURE 35NOTEDOME LTD.: COMPANY SNAPSHOT161
TABLE 150NOTEDOME LTD.: PRODUCT OFFERINGS162
11.1.9TOSOH CORPORATION164
TABLE 151TOSOH CORPORATION: COMPANY OVERVIEW164
FIGURE 36TOSOH CORPORATION: COMPANY SNAPSHOT164
TABLE 152TOSOH CORPORATION: PRODUCT OFFERINGS165
TABLE 153TOSOH CORPORATION: OTHER165
11.1.10WANHUA CHEMICAL GROUP CO., LTD.167
TABLE 154WANHUA CHEMICAL GROUP CO., LTD.: COMPANY OVERVIEW167
FIGURE 37WANHUA CHEMICAL GROUP CO., LTD.: COMPANY SNAPSHOT168
TABLE 155WANHUA CHEMICAL GROUP CO., LTD.: PRODUCT OFFERINGS168
TABLE 156WANHUA CHEMICAL GROUP CO., LTD.: DEALS169
TABLE 157WANHUA CHEMICAL GROUP CO., LTD.: OTHER169
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices, Weakness and competitive threats might not be captured in case of unlisted companies.
11.2OTHER PLAYERS170
11.2.1ALCHIMICA S.A.170
TABLE 158ALCHIMICA S.A. : COMPANY OVERVIEW170
11.2.2CARLISLE POLYURETHANE SYSTEMS170
TABLE 159CARLISLE POLYURETHANE SYSTEMS: COMPANY OVERVIEW170
11.2.3CHEMLINE, INC.171
TABLE 160CHEMLINE, INC.: COMPANY OVERVIEW171
11.2.4COIM GROUP171
TABLE 161COIM GROUP: COMPANY OVERVIEW171
11.2.5HERIKON B.V.172
TABLE 162HERIKON B.V.: COMPANY OVERVIEW172
11.2.6JAYANTILAL J. GANDHI CHEMICALS PVT. LTD.172
TABLE 163JAYANTILAL J. GANDHI CHEMICALS PVT. LTD.: COMPANY OVERVIEW172
11.2.7LUC GROUP173
TABLE 164LUC GROUP: COMPANY OVERVIEW173
11.2.8POLYCOAT PRODUCTS173
TABLE 165POLYCOAT PRODUCTS: COMPANY OVERVIEW173
11.2.9RECKLI174
TABLE 166RECKLI: COMPANY OVERVIEW174
11.2.10SAPICI S.P.A.174
TABLE 167SAPICI S.P.A. : COMPANY OVERVIEW174
11.2.11SIKA ADVANCED RESINS175
TABLE 168SIKA ADVANCED RESINS: COMPANY OVERVIEW175
11.2.12SYNTHESIA TECHNOLOGY GROUP175
TABLE 169SYNTHESIS TECHNOLOGY GROUP: COMPANY OVERVIEW175
11.2.13TAIWAN PU CORPORATION176
TABLE 170TAIWAN PU CORPORATION: COMPANY OVERVIEW176
11.2.14TSE INDUSTRIES176
TABLE 171TSE INDUSTRIES: COMPANY OVERVIEW176
11.2.15VCM POLYURETHANES177
TABLE 172VCM POLYURETHANES: COMPANY OVERVIEW177
12APPENDIX178
12.1INSIGHTS OF INDUSTRY EXPERTS178
12.2DISCUSSION GUIDE179
12.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL181
12.4CUSTOMIZATION OPTIONS183
12.5RELATED REPORTS183
12.6AUTHOR DETAILS184