High Temperature Elastomers Market Witness 7.6% CAGR During 2016 – 2022


Posted August 1, 2017 by navdeep

igh Temperature Elastomers are special type of polymers having high elasticity index with the ability to regain their original shape after being subjected to external or internal stress.

 
High Temperature Elastomers are special type of polymers having high elasticity index with the ability to regain their original shape after being subjected to external or internal stress. Elastomers possess both thermosetting and thermoplastic characteristics. High temperature elastomers can withstand extreme temperature for a prolonged period of time, generally above 1500 degree Celsius. The global high temperature elastomers market finds applications in under-the-hood, automobile industries, progressive cavity pumps (PCP), oil and gas sector, sterilization of medicines. The high temperature elastomers are chemically inactive, making them anti-corrosive and resistant to other chemicals.

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High temperature elastomers can be categorized into fluorocarbon elastomers, perfluorocarbon elastomers, silicone elastomers, fluorosilicone elastomers and others. High temperature elastomers find applications in various industries including automobile, transportation, oil and gas, aerospace, electrical and electronics and healthcare. In the transportation industry, they are predominately used for the manufacturing process of specialty rubber, tires, seat covers and other materials. Additionally, high temperature elastomers are used as additives in industries such as healthcare, manufacturing of industrial machinery, electronics and consumer goods.

The global high temperature elastomers market is expected to witness a significant growth during the forecast period (2016-2022). The global high temperature elastomers market is driven by growing demand from automotive industry and stringent environmental regulations. Based on type, silicone elastomers are expected to be the largest growing segment during the forecast period. Perfluorocarbon elastomers is expected to be the fastest growing segment during the forecast period. By application, automobile and transportation is expected to be the largest and fastest growing segment in terms of value and volume during the forecast period.

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The key trend observed in the high temperature elastomers market is the increasing investment in smart materials and increasing inclination towards usage of biomaterials. Growing application of high temperature elastomers in various industries such as electrical and electronics, industrial machinery and healthcare had resulted in the continuous increase in demand for new grade of elastomers. Various research and technological advancement are being carried out to develop elastomers with enhanced performance qualities for various requirements including sealing, flexibility, durability or reliability.

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Issued By P&S Market Research
Website High Temperature Elastomers Market
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Categories Business , Research
Tags high temperature elastomers market , high temperature elastomers market analysis , high temperature elastomers market forecast
Last Updated August 1, 2017