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Elastomers Market Forecast to 2022 - Scalar Market Research
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An Elastomer term is derived from word elastic polymers commonly referred as Rubber. Elastomers are amorphous polymers and have high viscosity and elasticity. Compared with other materials they have low Young’s modules and high failure strain. In Elastomers polymer chains are held together with weak intra molecule bonds; this weak bonding gives them the distinct property of stretching. They are primarily used as adhesives, seals and manufacturing molded flexible parts. They have a wide range of applications in automobile, medical, consumer good and other industries. With new technological developments, specialized Elastomers can handle extreme temperature and chemicals to cater wide range of industries.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the rotary angle sensors market. The scope of this report covers the rotary angle sensors market by its major segments, which include the types, applications, and the major geographic regions.
KEY PREMIUM INDUSTRY INSIGHTS
The key reasons driving the growth of the Elastomers market includes increasing demand from automotive industry and new advancement in the Thermoplastic Elastomer industry.
Demand for Bio-based Elastomers is one of the key growth opportunity drivers for this market.
However, factors like cost associated with processing of HTE may restrict the growth of the Elastomers market.
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