Global Cast Elastomer Market-2022

The Global Market for Cast Elastomers projected at US$1.2 Billion in the year 2020, is estimated to gain a revised size of US$1.5 Billion by 2027, growing at a CAGR of 3.3% during the forecast period 2021- 2027.

Cast elastomers are referred to as thermosetting, akin to natural and synthetic rubbers. These elastomers are based on either polyether and/or polyesters. Cast elastomers possess significant physical properties, incorporating abrasion resistance and load-bearing. They also have other beneficial properties such as tensile strength and tear resistance. Cast elastomers offer different innate capabilities such as abrasion resistance, resilience, impact strength, and resistance to oil and grease. Elastomers are polymers distinguished by possessing viscoelasticity. Furthermore, elastomers are known to retain their original structure and characteristics for utilization in longer and high-performance systems. These are utilized in various applications including slide plates, bearings, shock absorbers, bumpers, wear strips, and many others.

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