According to a new market research report "High Temperature Elastomers Market by Type (Fluorocarbon Elastomers, Fluorsilicone Elastomers, Perfluorocarbon Elastomers, Silicone Elastomers, and Others), by Application (Transportation, Electrical & Electronics, Healthcare, Consumer Goods, Industrial Machinery, and Others) - Global Trends & Forecast to 2019". It also explains the driving and restraining factors of the global high temperature elastomers market with an analysis of trends, opportunities, and challenges.

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Leading companies such as Dow Corning Corporation (U.S.), Wacker Chemie A.G. (Germany), Momentive Performance Materials Inc. (U.S.), Solvay S.A. (Belgium), and E.I. du Pont de Nemours and Company (U.S.) are focusing on development of new HTEs products through research and innovation, in order to expand their customer base.

On the basis of type: The high temperature elastomers market is further segmented into sub categories as follows:

Fluorocarbon Elastomers
Fluorsilicone Elastomers
Perfluorocarbon Elastomers
Silicone Elastomers, and
Others
On the basis of application: The market is further segmented into sub categories as follows:

Transportation
Electrical & Electronics
Healthcare
Consumer Goods
Industrial Machinery, and
Others
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Silicone elastomers: Largest Segment, By Type

Silicone elastomers are estimated to be the largest segment, both in terms of value as well as volume, in 2014 with a market share of more than 90% of the total high temperature elastomers market. Silicone elastomers are also projected to be the largest segment throughout the projection year till 2019. The growth in silicone elastomer market is expected to be well above the growth rate of high temperature elastomer market.

Asia-Pacific: Largest Consumer

Asia-Pacific is the largest consumer of HTEs globally, holding more than 40% share of the global high temperature elastomers market in 2014 and is projected to grow at a CAGR well above the global average.

High Temperature Elastomers Market, By Applications

The high temperature elastomers market is segmented into five major application segments; they are transportation, electrical & electronics, healthcare, consumer goods, industrial machinery, and others. The demand for transportation application segment accounted for the largest share in 2014, Asia-Pacific is estimated to be the largest region for transportation application segment in 2014.

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