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
[159 Pages] High temperature elastomers are those elastomers which can be used in high temperature applications requirements. In applications like under-the-hood applications in automotive industry, sterilization in medical industry, and others require materials those can withstand high temperatures, generally above 1500 Celsius and above. For such applications special types of elastomers are used those can withstand extreme temperature for prolonged time period without failing. HTEs are relatively costly and are used in small quantities, when compared to other elastomers, hence making their market size in terms of volume comparatively small. Other properties of HTEs, such as high chemical and solvent resistance, make them suitable for aerospace, chemical processing, and oil and gas applications.
The major drivers contributing towards the growth of high temperature elastomers market are:
- Increasingly stringent environmental regulations
- Improved demand from automotive industry
About the market
The global high temperature elastomers market has been growing rapidly during the last few years. The market is expected to continue growing at a healthy rate in the next five years, mainly driven by a growth in demand from automotive industry.
Asia-Pacific is the largest market for the high temperature elastomers, the region accounted for more than 40% of the global HTEs market demand in 2014. The improved demand from automotive industry, along with the presence of various other end-use industries in the region is the major driving force for market is Asia-Pacific. North-America is the second largest market, followed by Western Europe. The major growth factors attributing to growth of market in North America is rapid growth of automotive and consumer goods industry in Mexico, which has resulted in increased demand for HTEs.
This study estimates the global market for 2014 and projects the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global market. It also includes a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and forecast based on major regions North America, Western Europe, Asia-Pacific, and Rest of the World. Various secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information for this extensive commercial study of the market. The primary sources, experts from related industries and suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenario of the top players in the market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. These include 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.
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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
On the basis of region: The global high temperature elastomers market is segmented into four regions; North America, Western Europe, Asia-Pacific, and Rest of the World.
The high temperature elastomers market is projected be more than 650 Kilo tons by 2019, with a CAGR of 6.9% between 2014 and 2019.
High temperature elastomers are growing to play an important role in the transportation industry, which include automotive and aerospace industry. In this industry, there is a growing demand for high-performance materials which can withstand extreme temperature and have good chemical and solvent resistance. To meet this demand, HTEs are being used to produce various under-the-hood components, where proximity to engine and other solvents leads to extreme conditions.
The market is projected to grow at a CAGR of 8.0% between 2014 and 2019 to reach $11 billion by 2019. The increased demand of high temperature elastomers in automotive industry is a major driver for the market. Implementation of increasingly stringent environmental regulations, especially regarding the emission levels of vehicles, has led to increased use of HTEs. Demand for high temperature elastomers is also boosted by involvement of market players in R&D and development of new products for new and existing applications.
Asia-Pacific and North America are the top-two consumers in the world. U.S. and China are the key countries in North America and Asia-Pacific, respectively growing at CAGRs of 5.3% and 9.8% between 2014 and 2019. Some developing countries such as India and Brazil are also growing at a rapid pace because of the rising domestic demand and increasing population.
The market is estimated to be more than 470 kilo tons in 2014 and is projected to reach more than 650 kilo tons by 2019, growing at a CAGR of 6.9% between 2014 and 2019.
Key participants in the global high temperature elastomers market include 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.).
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Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Year
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Market Size Estimation
2.2 Market Share Estimation
2.2.1 Key Data From Secondary Sources
2.2.2 Key Data From Primary Sources
2.2.2.1 Key Industry Insights
2.2.3 Assumptions
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 27)
4.1 Attractive Market Opportunity in High Temperature Elastomers Market
4.2 Market – Top Application Segments
4.3 Market in the Asia-Pacific Region
4.4 Regional Analysis of High Temperature Elastomers, 2014
4.5 Market, By Application & By Region
4.6 Market: Developed vs. Developing Nations – 2014 & 2019
4.7 Market: By Type (2019)
4.8 Growth Matrix, By Type
4.9 Life Cycle Analysis, By Region
5 Market Overview (Page No. - 36)
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 High Temperature Elastomers Market, By Application
5.3.2 High Temperature Elastomers: Market, By Type
5.3.3 High Temperature Elastomers: Market, By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Improved Demand From Automotive Industry
5.4.1.2 Superior Properties
5.4.2 Restraints
5.4.2.1 High Cost of Production
5.4.3 Opportunities
5.4.3.1 Development of New Grades of Htes
5.4.3.2 Surging Demand in the Developing Nations
5.4.4 Challenges
5.4.4.1 Price Sensitive Market
5.5 Burning Issues
6 Industry Trends (Page No. - 44)
6.1 Introduction
6.2 Value-Chain Analysis
6.3 Industry Trends
6.4 Porter’s Five Forces Analysis
6.4.1 Threat From New Entrants
6.4.2 Threat From Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry
6.5 Strategic Benchmarking
6.5.1 Expansion Activities is the Most Commonly Used Strategy By Market Players
6.5.2 New Product Launch: Emerging Strategy to Increase Customer Base
7 High Temperature Elastomers Market, By Type (Page No. - 51)
7.1 Introduction
7.2 Silicone Elastomers
7.3 Fluorocarbon Elastomers
7.4 Fluorosilicone Elastomers
7.5 Perfluoroelastomers & Others
8 High Temperature Elastomer Market, By Application (Page No. - 62)
8.1 Introduction
8.2 Transportation
8.3 Electrical & Electronics
8.4 Healthcare
8.5 Industrial Machinery
8.6 Others
9 High Temperature Elastomers Market, By Region (Page No. - 74)
9.1 Introduction
9.2 North America
9.2.1 The U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Western Europe
9.3.1 The U.K.
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Rest of Western Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Rest of Asia-Pacific
9.5 RoW: Emerging Market
9.5.1 Brazil
9.5.2 Russia
10 Competitive Landscape (Page No. - 117)
10.1 Overview
10.2 Expansion
10.3 New Product Launches
10.4 Partnerships and Agreements & Collaborations
10.5 Mergers & Acquisitions
11 Company Profiles (Page No. - 126)
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 Introduction
11.2 Dow Corning Corporation.
11.3 Wacker Chemie Ag
11.4 Momentive Performance Materials Inc.
11.5 Shin-Etsu Chemical Co., Ltd.
11.6 China National Bluestar (Group) Co. Ltd.
11.7 Daikin Industries Ltd
11.8 E. I. Du Pont De Nemours and Company
11.9 KCC Corporation
11.10 Solvay S.A.
11.11 The 3M Company
*Details Might Not be Captured in Case of Unlisted Companies
12 Appendix (Page No. - 153)
12.1 Insights of Industry Expert
12.2 Discussion Guide
12.3 Introducing Rt: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
List of Tables (93 Tables)
Table 1 Comparison of Different Types of Elastomers, By Property
Table 2 High Temperature Elastomers Market Size, By Type, 2012-2019 ($Million)
Table 3 High Temperature Elastomers Market Size, By Type, 2012-2019 (Kilotons)
Table 4 Silicone Elastomers Market Size, By Region, 2012-2019 ($Million)
Table 5 Silicone Elastomers Market Size, By Region, 2012-2019 (Kilotons)
Table 6 Fluorocarbon Elastomers Market Size, By Region, 2012-2019 ($Million)
Table 7 Fluorocarbon Elastomers Market Size, By Region, 2012-2019 (Kilotons)
Table 8 Fluorosilicone Elastomers Market Size, By Region, 2012-2019 ($Million)
Table 9 Fluorosilicone Elastomers Market Size, By Region, 2012-2019 (Kilotons)
Table 10 Perfluoroelastomers & Other Market Size, By Region, 2012-2019 ($Million)
Table 11 Perfluoroelastomers & Other Market Size, By Region, 2012-2019 (Kilotons)
Table 12 High Temperature Elastomers: Market Size, By Application, 2012-2019 ($Million)
Table 13 High Temperature Elastomers: Market Size, By Application, 2012-2019 (Kilotons)
Table 14 Transportation: Market Size, By Region, 2012-2019 ($Million)
Table 15 Transportation: Market Size, By Region, 2012-2019 (Kilotons)
Table 16 Electrical & Electronics : Market Size, By Region, 2012-2019 ($Million)
Table 17 Electrical & Electronics : Market Size, By Region, 2012-2019 (Kilotons)
Table 18 Healthcare: Market Size, By Region, 2012-2019 ($Million)
Table 19 Healthcare: Market Size, By Region, 2012-2019 (Kilotons)
Table 20 Industrial Machinery: Market Size, By Region, 2012-2019 ($Million)
Table 21 Industrial Machinery: Market Size, By Region, 2012-2019 (Kilotons)
Table 22 Others High Temperature Elastomers Market Size, By Region, 2012-2019 ($ Million)
Table 23 Others High Temperature Elastomers: Market Size, By Region, 2012-2019 (Kilo Tons)
Table 24 High Temperature Elastomers Market Size, By Region, 2012-2019 ($Million)
Table 25 High Temperature Elastomers: Market Size, By Region, 2012-2019 (Kilotons)
Table 26 North America: High Temperature Elastomers Market Size, By Country, 2012-2019 ($Million)
Table 27 North America: Market Size, By Country, 2012-2019 (Kilotons)
Table 28 U.S.: Market Size, By Type, 2012-2019 ($Million)
Table 29 U.S.: Market Size, By Type, 2012-2019 (Kilotons)
Table 30 U.S.: Market Size, By Application, 2012-2019 ($Million)
Table 31 U.S.: Market Size, By Application, 2012-2019 (Kilotons)
Table 32 Canada: Market Size, By Type, 2012-2019 ($Million)
Table 33 Canada: Market Size, By Type, 2012-2019 (Kilotons)
Table 34 Canada: Market Size, By Application, 2012-2019 ($Million)
Table 35 Canada: High Temperature Elastomers Market Size, By Application, 2012-2019 (Kilotons)
Table 36 Mexico: Market Size, By Type, 2012-2019 ($Million)
Table 37 Mexico: Market Size, By Type, 2012-2019 (Kilotons)
Table 38 Mexico: Market Size, By Application, 2012-2019 ($Million)
Table 39 Mexico: Market Size, By Application, 2012-2019 (Kilotons)
Table 40 Western Europe: Market Size, By Country, 2012-2019 ($Million)
Table 41 Western Europe: Market Size, By Country, 2012-2019 (Kilotons)
Table 42 The U.K.: Market Size, By Type, 2012-2019 ($Million)
Table 43 The U.K.: Market Size, By Type, 2012-2019 (Kilotons)
Table 44 The U.K.: Market Size, By Application, 2012-2019 ($Million)
Table 45 The U.K.: Market Size, By Application, 2012-2019 (Kilotons)
Table 46 Germany: Market Size, By Type, 2012-2019 ($Million)
Table 47 Germany: Market Size, By Type, 2012-2019 (Kilotons)
Table 48 Germany: Market Size, By Application, 2012-2019 ($Million)
Table 49 Germany: High Temperature Elastomers Market Size, By Application, 2012-2019 (Kilotons)
Table 50 France: Market Size, By Type, 2012-2019 ($Million)
Table 51 France: Market Size, By Type, 2012-2019 (Kilotons)
Table 52 France: Market Size, By Application, 2012-2019 ($Million)
Table 53 France: Market Size, By Application, 2012-2019 (Kilotons)
Table 54 Italy: Market Size, By Type, 2012-2019 ($Million)
Table 55 Italy: Market Size, By Type, 2012-2019 (Kilotons)
Table 56 Italy: Market Size, By Application, 2012-2019 ($Million)
Table 57 Italy: Market Size, By Application, 2012-2019 (Kilotons)
Table 58 Rest of Western Europe: High Temperature Elastomers Market Size, By Type, 2012-2019 ($Million)
Table 59 Rest of Western Europe: Market Size, By Type, 2012-2019 (Kilotons)
Table 60 Rest of Western Europe: Market Size, By Application, 2012-2019 ($Million)
Table 61 Rest of Western Europe: Market Size, By Application, 2012-2019 (Kilotons)
Table 62 Asia Pacific: Market Size, By Country, 2012-2019 ($Million)
Table 63 Asia Pacific: Market Size, By Country, 2012-2019 (Kilotons)
Table 64 China: Market Size, By Type, 2012-2019 ($Million)
Table 65 China: Market Size, By Type, 2012-2019 (Kilotons)
Table 66 China: Market Size, By Application, 2012-2019 ($Million)
Table 67 China: Market Size, By Application, 2012-2019 (Kilotons)
Table 68 India: Market Size, By Type, 2012-2019 ($Million)
Table 69 India: Market Size, By Type, 2012-2019 (Kilotons)
Table 70 India: Market Size, By Application, 2012-2019 ($Million)
Table 71 India: High Temperature Elastomers Market Size, By Application, 2012-2019 (Kilotons)
Table 72 Japan: Market Size, By Type, 2012-2019 ($Million)
Table 73 Japan: Market Size, By Type, 2012-2019 (Kilotons)
Table 74 Japan: Market Size, By Application, 2012-2019 ($Million)
Table 75 Japan: Market Size, By Application, 2012-2019 (Kilotons)
Table 76 Rest of Asia-Pacific: Market Size, By Type, 2012-2019 ($Million)
Table 77 Rest of Asia-Pacific: Market Size, By Type, 2012-2019 (Kilotons)
Table 78 Rest of Asia-Pacific: Market Size, By Application, 2012-2019 ($Million)
Table 79 Rest of Asia-Pacific: High Temperature Elastomers Market Size, By Application, 2012-2019 (Kilotons)
Table 80 RoW: Market Size, By Country, 2012-2019 ($Million)
Table 81 RoW: Market Size, By Country, 2012-2019 (Kilotons)
Table 82 Brazil: Market Size, By Type, 2012-2019 ($Million)
Table 83 Brazil: Market Size, By Type, 2012-2019 (Kilotons)
Table 84 Brazil: Market Size, By Application, 2012-2019 ($Million)
Table 85 Brazil: Market Size, By Application, 2012-2019 (Kilotons)
Table 86 Russia: Market Size, By Type, 2012-2019 ($Million)
Table 87 Russia: Market Size, By Type, 2012-2019 (Kilotons)
Table 88 Russia: Market Size, By Application, 2012-2019 ($Million)
Table 89 Russia: High Temperature Elastomers Market Size, By Application, 2012-2019 (Kilotons)
Table 90 Expansion
Table 91 New Prodct Launches
Table 92 Partnerships and Agreements & Collaborations
Table 93 Mergers & Acquisitions
List of Figures (61 Figures)
Figure 1 High Temperature Elastomers: Research Design
Figure 2 Market Size Estimation Methodology: Data Triangulation
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: By Company, Designation & Region
Figure 6 High Temperature Elastomers Market Size, By Type, (2014 vs. 2019)
Figure 7 Highest Growth is Expected to be Witnessed in Transportation Application Segment, By 2019
Figure 8 High Temperature Elastomers Market Share, By Region, 2019 (Kilo Tons)
Figure 9 High Temperature Elastomers, Attractive Market Opportunity
Figure 10 Transportation Application Segment, Largest and the Fastest Growing Segment
Figure 11 Silicone Elastomers Have the Maximum Share in the Asia-Pacific Market
Figure 12 China is a Major Consumer of High Temperature Elastomers
Figure 13 APAC Projected to Account for the Largest Share of the Total Hte Market By 2019
Figure 14 Developing Market to Grow Faster Than the Developed Ones
Figure 15 Silicone Elastomers to Dominate the Market for Next Five Years
Figure 16 Future Holds Steady Growth Prospects for Silicone Elastomers
Figure 17 Market in North America to Enter Declining Phase
Figure 18 Evolution of the High Temperature Elastomers Market
Figure 19 High Temperature Elastomers Market Segmentation, By Application
Figure 20 High Temperature Elastomers: Market Segmentation, By Type
Figure 21 High Temperature Elastomers Market Segmentation, By Region
Figure 22 Increasing Demand From Automotive & Aerospace Industries to Help the High Temperature Elastomers Market Grow
Figure 23 Value-Chain Analysis : Major Value is Added During Manufacturing Phase
Figure 24 Innovation and R&D is a Trend Among the Key Market Players
Figure 25 Porter’s Five Forces Analysis
Figure 26 Strategic Benchmarking: Wacker Chemie Ag and Shin-Etsu Chemical Co. Ltd Adopted Organic Growth Strategy for Enhancing Their Global Presence
Figure 27 Strategic Benchmarking: China National Bluestar (Group) Co. Ltd With Major Product Launches
Figure 28 High Temperature Elastomers Market, By Type (Kilotons)
Figure 29 High Temperature Elastomers: Market Size, By Type ($Million)
Figure 30 Fluorocarbon Elastomers Market, By Region (Kilotons)
Figure 31 High Temperature Elastomers Market, By Type ($Million)
Figure 32 Increasing Use of High Temperature Elastomers for Under-The-Hood Components in Automotive Industry is a Major Driver
Figure 33 Transportation is the Fastest-Growing Segment in the High Temperature Elastomers Market
Figure 34 Growth of Transportation vs. Electrical & Electronics Application Segment
Figure 35 Healthcare Market, 2014 vs. 2019
Figure 36 Industrial Machinery Application Segment, Developing vs. Developed Nations
Figure 37 Development of New Niche Applications in Asia is Expected to Continue to Drive the Market
Figure 38 Regional Snapshot: Emerging Economies Are New Market Hot Spots
Figure 39 India: Emerging Market for High Temperature Elastomers
Figure 40 North America
Figure 41 Western Europe: Top Three Applications, 2014
Figure 42 Growth in German High Temperature Elastomers Market
Figure 43 Asia Pacific: High Temperature Elastomers: Market Snapshot – Most Lucrative Opportunities
Figure 44 China: Largest High Temperature Elastomers Market Globally
Figure 45 Companies Adopted Expansion as the Key Growth Strategy Over the Last Four Years
Figure 46 Battle for Market Share: Expansion Was the Key Strategy
Figure 47 Regional Revenue Mix of Top Market Players
Figure 48 Dow Corning Corporation: Business Overview
Figure 49 Dow Corning Corporation: SWOT Analysis
Figure 50 Wacker Chemie Ag.: Business Overview
Figure 51 Wacker Chemie Ag: SWOT Analysis
Figure 52 Momentive Performance Materials Inc.: Business Overview
Figure 53 Momentive Performance Materials Inc.: SWOT Analysis
Figure 54 Shin-Etsu Chemical Co.,Ltd.: Business Overview
Figure 55 Shin-Etsu Chemical Co.,Ltd.: SWOT Analysis
Figure 56 China National Bluestar (Group) Co, Ltd.: Business Overview
Figure 57 Daikin Industries Ltd: Business Overview
Figure 58 E. I. Du Pont De Nemours and Company: Business Overview
Figure 59 KCC Corporation: Business Overview
Figure 60 Solvay SA: Business Overview
Figure 61 The 3M Company: Business Overview
Growth opportunities and latent adjacency in High Temperature Elastomers Market