LONDON, July 22, 2015 /PRNewswire/ -- High temperature elastomers are those elastomers which are generally used for applications with high temperature requirements, generally above 150? Celsius. Players in the high temperature elastomers market are investing extensively in development of new and innovative products in order to expand the applicability areas and targent new inndustries. The high temperatuire elastomers market is projected to be more than$11 billion by 2019.
This report provides a comprehensive analysis of the high temperature elastomers market. It categorizes the high temperature elastomers market based on type, application, and region. By type, silicone elastomers are estimated to be the largest segment in 2014, and are projected to grow with the increasing population and increasing level of disposable income. The increased use of high temperature elastomers in automotive industry is a key driver of the market. The growth in the market is also influenced by the increase in stringent environmental rules and regulations.
The high temperature elastoemrs market is segmented on the basis of application that includes transportation, electrical & electronics, healthcare, consumer goods, industrial machinery, and others. The demand for high temperature elastomers in transportation application accounted for the largest share in 2014. Asia-Pacific is the largest consumer of high temperature elastomers in 2014, followed by the North American region.
The market size of each region such as North America,Western Europe, Asia-Pacific, and Rest of the World (RoW) is projected for 2019 in the report. The report also segments the regions into countries such as U.S., U.K., Italy, France, Germany, China, India, Japan, Brazil, Russia, and others with a forecast of their market size along with their growth rates.
The leading players in the high temperature elastoemrs market such as Dow Corning Corporation (U.S.), Wacker Chemie A.G. (Germany), Momentive Performance Materials Inc. (U.S.), Solvay S.A. (Belgium), E.I. du Pont de Nemours and Company (U.S.), and others are profiled in the report. The key players in this market have adopted various strategies to strengthen the market position and increase their market shares. New product launches and expansion are some of the main strategies adopted by the market players to achieve growth in the high temperature elastomers market.
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